InOILWIREbyOILWIRE·Oct 13, 2017BNK Petroleum reports initial production of 730 BOED at Brock 9–2H wellBNK Petroleum Inc. has announced that the Brock 9–2H well (100% working interest) averaged about 730 boed, of which 625 bbl are oil, for…
InOILWIREbyOILWIRE·Oct 13, 2017India can’t drill solo to meet oil supply goals, Wood Mac saysIndia needs overseas help to raise production from its aging oil fields and meet its goal of lowering crude imports by 2022, according to…
InOILWIREbyOILWIRE·Oct 13, 2017EIA: Permian basin to drive fourth-quarter U.S crude production increasesIn its Short-Term Energy Outlook (STEO) update released this week, EIA forecasts that U.S crude oil production will average 9.4 MMbpd in…
InOILWIREbyOILWIRE·Oct 12, 2017Dakota Access boosts drillers, but won’t be a Bakken game-changerOnce hailed as the spur for a North American “energy renaissance,” the $3.8 billion Dakota Access pipeline has limited driller costs in its…
InOILWIREbyOILWIRE·Oct 12, 2017Tullow acquires ninety-percent stakes in four onshore blocks in Côte d’IvoireTullow has acquired 90% stakes in four onshore blocks in Côte d’Ivoire. Petroci, the national oil company of Côte d’Ivoire, holds the…
InOILWIREbyOILWIRE·Oct 12, 2017Groundhog Day in London as oil stock soars on North Sea reservesShares of Independent Oil & Gas (IOG) Plc rose as much as 100% on Thursday, the second dramatic increase for a North Sea explorer this…
InOILWIREbyOILWIRE·Oct 12, 2017DNV GL acquires specialist in CFD for fire, explosion analysisWorld-leading capabilities in the CFD domain
InOILWIREbyOILWIRE·Oct 12, 2017AADE Lafayette Chapter elects 2017–2018 board, committee membersThe Lafayette Chapter of the American Association of Drilling Engineers (AADE) has elected its 2017–2018 board and committee members…
InOILWIREbyOILWIRE·Oct 12, 2017OPEC said to see oil inventory glut disappear in one yearOPEC expects its efforts to clear the surplus in oil inventories to finally succeed by the end of the third quarter of next year, said…
InRIGWIREbyOILWIRE·Oct 12, 2017Maersk Drilling secures two contract extensions in North SeaMaersk Drilling has been awarded two contract extensions in the North Sea. Both rigs have recently been re-activated to the North Sea from…
