Current Headlines

  1. ACCC Clears Way For Quadrant Energy Acquisition

    Santos announced on 22 August 2018 the proposed acquisition of 100% of Quadrant Energy (Quadrant) for US$2.15B plus potential contingent payments.

  2. Encore Energy, Inc. Announces Horizontal Oil Well Discovery In Kentucky And 100% Year-End Tax Deduction For 2018

    Tier I Horizontal Berea oil wells in the productive oil window of Lawrence County have reportedly averaged in the range of ~100 - 150 BOPD over the initial 90 days of production where the well development costs are significantly lower, as compared to other plays across the US. Berea oil production from Lawrence County, Kentucky represented nearly 25% of the states total annual oil production in 2014.

  3. PetroTal Announces Increased Production From Bretaña Field And Provides Operations Update

    PetroTal Corp. is pleased to announce that it has successfully increased oil production from the Bretaña Norte discovery well (the “Discovery Well” or the “Well”) at the Bretaña field in Block 95, Peru.

  4. Packers Plus Combines Casing Integrity Testing And Toe Stimulation Into One Tool With The Toe-XT Hydraulic Sleeve

    The latest innovation from Packers Plus Energy Services Inc. brings simplicity and reliability to operators for stimulating the first stage of oil and gas wells.

  5. McDermott Awarded Conceptual And Engineering Services Contract By Talos Energy For Zama Field Development Project In Mexico

    McDermott International, Inc. (NYSE: MDR) announced today a contract award for concept and engineering services for Talos Energy Inc. for the Zama field development project – the first offshore Mexico block awarded to a private operator.

  6. MGX Minerals Announces Patent Acceptance For Low Cost Combined Heat And Power Cogeneration (CHP) For Heavy Oil And Oilsands Producers; Combines Steam And Electricity Production, With Wastewater Treatment And Mineral Extraction Technologies

    MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) and engineering subsidiary PurLucid Treatment Solutions Inc.(“PurLucid”) are pleased to announce they have received notice of publication of its patent for a new method to produce boiler feed water using low energy water treatment.

  7. LUKOIL Drilled The Second Well In The Eastern Part Of The Yury Korchagin Field

    PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.

  8. Petroteq Delivers Oil To The Market

    Petroteq Energy Inc. (“Petroteq” or the “Company”), a fully integrated oil and gas company, is pleased to announce that it has begun delivering oil into its regional market.

  9. Fluor Joint Venture Creates One Of The World's Largest Plant Designs For Tengiz Oil & Gas Megaproject In Kazakhstan

    Fluor Corporation announced recently that its joint venture team, KPJV, has developed one of the world’s largest, single 3D intelligent plant design models for Tengizchevroil LLP’s Future Growth Project – Wellhead Pressure Management Project (FGP-WPMP).

  10. ICYMI: API Previews Industry’s Comments On EPA’s Proposed Amendments To NSPS OOOOa

    On November 13, 2018, API Senior Director of Regulatory and Scientific Affairs Howard Feldman held a press call to preview comments that will be delivered for the record on Wednesday, November 14, in Denver during the EPA’s public hearing on the proposed rule, titled  “Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources Reconsideration.”