www.upstreamonline.com http://www.upstreamonline.com/ www.upstreamonline.com US rig count inches downward http://www.upstreamonline.com/live/1400768/us-rig-count-inches-downward The decline in the US rig count continued, but just barely, in the week ending May 22, according to Baker Hughes’ weekly report. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1400768/us-rig-count-inches-downward Fri, 22 May 2015 18:41:48 +0000 live Petronas starts Bukit Tua flows http://www.upstreamonline.com/live/1400756/petronas-starts-bukit-tua-flows Petronas has begun production from an oil and gas field off East Java as the Malaysian state player also reported a drop in first-quarter profit. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400756/petronas-starts-bukit-tua-flows Fri, 22 May 2015 14:58:18 +0000 live Statoil gets nod for Gymir http://www.upstreamonline.com/live/1400742/statoil-gets-nod-for-gymir Statoil has been granted a drilling permit by the authorities to sink a new wildcat at the Gymir prospect in pursuit of additional resources near its under-development Aasta Hansteen gas field in the Norwegian Sea. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400742/statoil-gets-nod-for-gymir Fri, 22 May 2015 12:07:50 +0000 live Wintershall eyes on Syrah http://www.upstreamonline.com/live/1400722/wintershall-eyes-on-syrah Wintershall aims to drill a wildcat at the Syrah prospect in the northern North Sea off Norway later this year. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400722/wintershall-eyes-on-syrah Fri, 22 May 2015 09:11:56 +0000 live PetroNeft strikes oil at Russian well http://www.upstreamonline.com/incoming/1400718/petroneft-strikes-oil-at-russian-well PetroNeft has hit more oil with a follow-up well to its S-372 discovery in the Tomsk Oblast, Russia, propelling the London-listed player to consider bringing the field into production next year. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400718/petroneft-strikes-oil-at-russian-well Fri, 22 May 2015 08:36:43 +0000 ece_incoming LGO hits more pay in Trinidad http://www.upstreamonline.com/incoming/1400714/lgo-hits-more-pay-in-trinidad LGO Energy has struck more hydrocarbons at its prolific Goudron field in Trinidad and has set its sights on doubling this year’s drilling programme. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400714/lgo-hits-more-pay-in-trinidad Fri, 22 May 2015 07:58:43 +0000 ece_incoming Drilling starts on Olympic-1 http://www.upstreamonline.com/live/1400699/drilling-starts-on-olympic-1 Drilling has started on the Olympic-1 well on EP 473 in Western Australia's onshore Canning basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400699/drilling-starts-on-olympic-1 Fri, 22 May 2015 05:27:48 +0000 live Suncor eyes Norway wildcat http://www.upstreamonline.com/live/1400505/suncor-eyes-norway-wildcat Suncor Energy has secured a permit from the authorities to drill a wildcat at the Havfrue (Mermaid) prospect in the central North Sea off Norway. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400505/suncor-eyes-norway-wildcat Thu, 21 May 2015 07:05:03 +0000 live Oil Search commits to PNG spud http://www.upstreamonline.com/live/1400499/oil-search-commits-to-png-spud Australia-listed Oil Search has committed to drilling an exploration well in PPL 339 in Papua New Guinea. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400499/oil-search-commits-to-png-spud Thu, 21 May 2015 04:23:12 +0000 live MEO secures Beehive partner http://www.upstreamonline.com/live/1400498/meo-secures-beehive-partner MEO Australia has farmed out a 30% stake in its WA-488-P permit, in the Petrel sub-basin off the coast of Western Australia, to Singapore-listed Rex International Holding. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400498/meo-secures-beehive-partner Thu, 21 May 2015 04:10:21 +0000 live Colombia excited about Kronos results http://www.upstreamonline.com/live/1400497/colombia-excited-about-kronos-results Colombia's top oil regulator is optimistic about the outcome of Anadarko Petroleum’s closely watched Kronos-1 offshore wildcat, saying the operator has intersected its geological target with "very good results". Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1400497/colombia-excited-about-kronos-results Thu, 21 May 2015 03:28:00 +0000 live ExxonMobil Guyana discovery 'significant' http://www.upstreamonline.com/live/1400487/exxonmobil-guyana-discovery-significant ExxonMobil confirmed that the Liza well drilled offshore Guyana is a “significant oil discovery” with almost 300 feet of net pay. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1400487/exxonmobil-guyana-discovery-significant Wed, 20 May 2015 19:56:15 +0000 live Blackbird to spud Montney well http://www.upstreamonline.com/incoming/1400458/blackbird-to-spud-montney-well Blackbird Energy has plans to drill one horizontal well at its Elmworth Montney project in western Canada as part of its summer drill programme. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400458/blackbird-to-spud-montney-well Wed, 20 May 2015 13:19:51 +0000 ece_incoming Sevan looks to break Arctic ice http://www.upstreamonline.com/live/1400431/sevan-looks-to-break-arctic-ice Sevan Marine is looking to land a licence award this year for use of its cylindrical floater technology on a newbuild drilling rig for deployment in harsh-environment Arctic waters. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400431/sevan-looks-to-break-arctic-ice Wed, 20 May 2015 09:01:33 +0000 live Sound’s Nervesa well confirms gas http://www.upstreamonline.com/incoming/1400427/sounds-nervesa-well-confirms-gas Sound Oil has encountered a number of gas showing at its second Nervesa appraisal well in the Veneto region of northern Italy. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400427/sounds-nervesa-well-confirms-gas Wed, 20 May 2015 07:47:53 +0000 ece_incoming SacOil quits Nigerian block http://www.upstreamonline.com/live/1400426/sacoil-quits-nigerian-block SacOil has called time on its participation at a Nigerian offshore block less than a year after taking a stake. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400426/sacoil-quits-nigerian-block Wed, 20 May 2015 07:24:51 +0000 live Statoil comes up empty at Bister http://www.upstreamonline.com/live/1400421/statoil-comes-up-empty-at-bister An exploration well drilled by Statoil at the Bister prospect in the Norwegian Sea has failed to strike hydrocarbons, according to partner Faroe Petroleum. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400421/statoil-comes-up-empty-at-bister Wed, 20 May 2015 07:07:07 +0000 live Snomus duster for Talisman http://www.upstreamonline.com/live/1400416/snomus-duster-for-talisman Canadian explorer Talisman Energy has come up dry with a wildcat drilled at the Snomus prospect aimed at finding more hydrocarbons near its producing Varg field off Norway. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400416/snomus-duster-for-talisman Wed, 20 May 2015 06:49:38 +0000 live Schlumberger in Mexico shoot http://www.upstreamonline.com/live/1400375/schlumberger-in-mexico-shoot OIlfield services giant Schlumberger has forged a further seismic tie-up with Norwegian contractor Spectrum involving a joint survey in Mexico’s newly opened offshore waters. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400375/schlumberger-in-mexico-shoot Tue, 19 May 2015 14:24:55 +0000 live MOL hits gas in Pakistan http://www.upstreamonline.com/incoming/1400348/mol-hits-gas-in-pakistan Hungary’s MOL has made a commercial discovery at its Mardan Khel-1 exploration well on the Tal block in Pakistan. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400348/mol-hits-gas-in-pakistan Tue, 19 May 2015 09:50:21 +0000 ece_incoming Jura bites dust at Ismail-1 http://www.upstreamonline.com/incoming/1400343/jura-bites-dust-at-ismail-1 Jura Energy has abandoned its Ismail-1 well in the Guddu block, in Pakistan, after drilling revealed the formation to be water bearing. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400343/jura-bites-dust-at-ismail-1 Tue, 19 May 2015 08:33:55 +0000 ece_incoming Successful year for Oz exploration http://www.upstreamonline.com/live/1400333/successful-year-for-oz-exploration Australia in 2014 notched up impressive oil and gas discoveries, including some that opened new play types, according to MEO Australia chief executive Peter Stickland. (Amanda Battersby) http://www.upstreamonline.com/live/1400333/successful-year-for-oz-exploration Tue, 19 May 2015 07:29:28 +0000 live Oil shows at Isobel Deep http://www.upstreamonline.com/live/1400327/oil-shows-at-isobel-deep UK independent Premier Oil has encountered oil shows in an exploration well on the Isobel Deep prospect off the Falkland Islands. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400327/oil-shows-at-isobel-deep Tue, 19 May 2015 06:32:38 +0000 live Government confirms Australian block awards http://www.upstreamonline.com/live/1400324/government-confirms-australian-block-awards The Australian government has confirmed the award of eight offshore exploration blocks that were made available for competitive bids in the 2014 and 2013 licensing rounds. (Russell Searancke) http://www.upstreamonline.com/live/1400324/government-confirms-australian-block-awards Tue, 19 May 2015 05:35:31 +0000 live Ramba targeting Indonesian double http://www.upstreamonline.com/live/1400323/ramba-targeting-indonesian-double Singapore-listed Ramba Energy is gearing up to this year drill two exploration wells on its West Jambi block onshore South Sumatra, Indonesia (Amanda Battersby) http://www.upstreamonline.com/live/1400323/ramba-targeting-indonesian-double Tue, 19 May 2015 05:28:10 +0000 live Costs could hurt Australian exploration http://www.upstreamonline.com/live/1400321/costs-could-hurt-australian-exploration Australia must not rest on its laurels if it is to remain globally competitive and continue to enjoy high levels of upstream investment and also attract new entrants. (Amanda Battersby) http://www.upstreamonline.com/live/1400321/costs-could-hurt-australian-exploration Tue, 19 May 2015 03:51:41 +0000 live CNOOC wraps up Oz seismic http://www.upstreamonline.com/live/1400320/cnooc-wraps-up-oz-seismic China National Offshore Oil Corporation (CNOOC) has completed its 3D seismic acquisition obligation in its ultra-deep water exploration block off Western Australia. (Russell Searancke) http://www.upstreamonline.com/live/1400320/cnooc-wraps-up-oz-seismic Tue, 19 May 2015 03:38:13 +0000 live BP to farm out Ceduna stake http://www.upstreamonline.com/live/1400319/bp-to-farm-out-ceduna-stake BP will likely look to reduce the risk associated with exploring the offshore Ceduna sub-basin in the Great Australian Bight and farm down a portion of its interest in four exploration permits. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400319/bp-to-farm-out-ceduna-stake Tue, 19 May 2015 03:23:31 +0000 live BP preparing for frontier spud http://www.upstreamonline.com/live/1400318/bp-preparing-for-frontier-spud UK supermajor BP has firmed up the expected spud date for its first exploration well in the frontier Ceduna sub-basin off Australia’s south coast. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400318/bp-preparing-for-frontier-spud Tue, 19 May 2015 03:14:49 +0000 live Duo spud Cooper basin well http://www.upstreamonline.com/live/1400311/duo-spud-cooper-basin-well Australian duo Beach Energy and Cooper Energy have spudded the final well in their current drilling campaign in South Australia’s onshore Cooper basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400311/duo-spud-cooper-basin-well Mon, 18 May 2015 23:00:30 +0000 live Albania ‘seeks block offers’ http://www.upstreamonline.com/live/1400290/albania-seeks-block-offers Albania is soon to offer a plethora of blocks in a bidding round that will put both onshore and offshore acreage on the menu, according to a report. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400290/albania-seeks-block-offers Mon, 18 May 2015 16:21:05 +0000 live Eni pens Ocean Rig drillship deals http://www.upstreamonline.com/live/1400287/eni-pens-ocean-rig-drillship-deals Ocean Rig has secured a new $91 million contract for one of its drillships off Angola, as Eni signed on for more time with another of the Greek contractor’s units. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400287/eni-pens-ocean-rig-drillship-deals Mon, 18 May 2015 16:10:31 +0000 live Naftogaz in new Gazprom payment http://www.upstreamonline.com/live/1400264/naftogaz-in-new-gazprom-payment Ukraine’s state-run energy utility Naftogaz is reported to have made a further prepayment of $32 million to Gazprom to secure gas deliveries under a new agreement signed last month with the Russian supplier. Steve.Marshall@upstreamonline.com (Steve Marshall), (News Wires) http://www.upstreamonline.com/live/1400264/naftogaz-in-new-gazprom-payment Mon, 18 May 2015 12:27:01 +0000 live Kosmos hits more pay at Tortue West http://www.upstreamonline.com/live/1400262/kosmos-hits-more-pay-at-tortue-west Kosmos Energy has hit more pay at a well off Mauritania where it recently trumpeted a discovery of up to 12 trillion cubic feet of gross resources. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400262/kosmos-hits-more-pay-at-tortue-west Mon, 18 May 2015 12:19:31 +0000 live Real looking to firm up gas sale agreement http://www.upstreamonline.com/live/1400220/real-looking-to-firm-up-gas-sale-agreement Cooper basin-focused Real Energy has signed a non-binding letter of intent which could see it supply fellow Australia-listed company Incitec Pivot with 110 peta joules from its ATP 927P permit in Queensland. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400220/real-looking-to-firm-up-gas-sale-agreement Mon, 18 May 2015 09:15:31 +0000 live Origin eyes Beetaloo wells http://www.upstreamonline.com/live/1400204/origin-eyes-beetaloo-wells Origin Energy is gearing up for a nine-well unconventional drilling programme on its Beetaloo sub-basin acreage onshore Northern Territory, Australia that is intended to take the resource to commerciality. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400204/origin-eyes-beetaloo-wells Mon, 18 May 2015 08:35:38 +0000 live VietGazprom takes Odfjell drillship http://www.upstreamonline.com/live/1400210/vietgazprom-takes-odfjell-drillship Odfjell Drilling and a joint venture partner have secured a short-term drilling contract for an ultra-deepwater unit off Vietnam, but at a low rate. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1400210/vietgazprom-takes-odfjell-drillship Mon, 18 May 2015 08:13:09 +0000 live InfraStrata spuds Northern Ireland well http://www.upstreamonline.com/incoming/1400206/infrastrata-spuds-northern-ireland-well InfraStrata has commenced drilling operations at the Islandmagee-1 onshore salt well in Northern Ireland, the AIM- listed company said on Monday. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1400206/infrastrata-spuds-northern-ireland-well Mon, 18 May 2015 07:57:29 +0000 ece_incoming PGS kicks off Mexico shoot http://www.upstreamonline.com/live/1400200/pgs-kicks-off-mexico-shoot Petroleum Geo-Services (PGS) has kicked off a 2D seismic survey on acreage off Mexico set to be offered to international players later this year under the opening of the country’s offshore sector. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400200/pgs-kicks-off-mexico-shoot Mon, 18 May 2015 07:18:53 +0000 live Cutt expects prices to bounce back quicker http://www.upstreamonline.com/live/1400197/cutt-expects-prices-to-bounce-back-quicker BHP Billiton’s petroleum president Tim Cutt sees the oil price recovering at a quicker rate than previous price crashes. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400197/cutt-expects-prices-to-bounce-back-quicker Mon, 18 May 2015 06:36:39 +0000 live Bapex looking for partners http://www.upstreamonline.com/live/1400194/bapex-looking-for-partners State-owned upstream player Bangladesh Petroleum Exploration and Production Company (Bapex) has invited expressions of interest from international companies to jointly explore four gas structures in onshore Block 22. (Amanda Battersby) http://www.upstreamonline.com/live/1400194/bapex-looking-for-partners Mon, 18 May 2015 05:52:40 +0000 live BHP focusing on keeping prices competitive http://www.upstreamonline.com/live/1400190/bhp-focusing-on-keeping-prices-competitive The head of mining giant BHP Billiton's petroleum operations says the industry needs to address the challenge of meeting expected demand by the end of the next decade despite today’s lower oil prices. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400190/bhp-focusing-on-keeping-prices-competitive Mon, 18 May 2015 02:10:30 +0000 live OZ government working on policy reform http://www.upstreamonline.com/live/1400152/oz-government-working-on-policy-reform Australia’s industry minister has acknowledged that while the nation's liquefied natural gas exports are set to continue to grow, work needs to be done to ensure investment in the next wave of projects. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400152/oz-government-working-on-policy-reform Mon, 18 May 2015 00:37:18 +0000 live Oz puts offshore acreage on the menu http://www.upstreamonline.com/live/1400141/oz-puts-offshore-acreage-on-the-menu The Australian government has launched its 2015 licensing round for offshore exploration blocks with acreage available in a range of water depths from shallow to ultra deep. (Russell Searancke) http://www.upstreamonline.com/live/1400141/oz-puts-offshore-acreage-on-the-menu Sun, 17 May 2015 23:18:48 +0000 live Protesters paddle against Shell in Seattle http://www.upstreamonline.com/live/1400134/protesters-paddle-against-shell-in-seattle Hundreds of environmental activists on Saturday launched a flotilla of kayaks, canoes and other boats in Seattle’s Elliott Bay in the US to protest against Shell’s upcoming Arctic drilling campaign. (Amanda Battersby) http://www.upstreamonline.com/live/1400134/protesters-paddle-against-shell-in-seattle Sun, 17 May 2015 08:08:53 +0000 live Sinopec pitches Puffin sale http://www.upstreamonline.com/live/1400129/sinopec-pitches-puffin-sale China’s Sinopec is looking to divest its Timor Sea assets in the Vulcan sub-basin off Australia, including its abandoned Puffin oilfield. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400129/sinopec-pitches-puffin-sale Sun, 17 May 2015 07:39:11 +0000 live Tag targeting New Zealand prospects http://www.upstreamonline.com/live/1400128/tag-targeting-new-zealand-prospects Canadian producer Tag Oil is on the look-out for farm-in partners to help fund its work programmes on several of its permits in New Zealand. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400128/tag-targeting-new-zealand-prospects Sun, 17 May 2015 06:37:27 +0000 live Juniors in hunt for farm-out partners http://www.upstreamonline.com/live/1400127/juniors-in-hunt-for-farm-out-partners A number of oil and gas juniors are hoping to secure farm-in partners to help fund the exploration of their permits in the north-west of Australia. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400127/juniors-in-hunt-for-farm-out-partners Sun, 17 May 2015 05:25:29 +0000 live MEO closing in on Beehive farm-out http://www.upstreamonline.com/live/1400126/meo-closing-in-on-beehive-farm-out MEO Australia is on the verge of sealing a farm-in partner for an exploration permit in the Petrel sub-basin off the coast of north-west Australia. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400126/meo-closing-in-on-beehive-farm-out Sun, 17 May 2015 04:30:07 +0000 live Enquest books output rise http://www.upstreamonline.com/live/1400121/enquest-books-output-rise UK operator Enquest saw output rise 20.2% in the first quarter of the year, thanks to the inclusion of production from the PM8/Seligi oilfield in Malaysia offsetting a fall in production on the UK Continental Shelf. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400121/enquest-books-output-rise Sat, 16 May 2015 07:00:55 +0000 live Brent settles up, US crude down http://www.upstreamonline.com/live/1400117/brent-settles-up-us-crude-down Brent rebounded from Friday's early weakness while US crude held to losses as traders and investors debated whether oil's rally over the past month and a half should continue amid stubbornly high supplies. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1400117/brent-settles-up-us-crude-down Fri, 15 May 2015 22:32:29 +0000 live US sheds more rigs while Canada gains http://www.upstreamonline.com/live/1400114/us-sheds-more-rigs-while-canada-gains The number of rigs drilling in the US continued to slide, dropping by six to total 888 in the week ending 15 May, according to Baker Hughes' weekly tally. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1400114/us-sheds-more-rigs-while-canada-gains Fri, 15 May 2015 21:44:18 +0000 live Beta flop for Suncor http://www.upstreamonline.com/live/1400063/beta-flop-for-suncor Suncor Energy has failed to find hydrocarbons with an appraisal well drilled at the earlier Beta Statfjord discovery in the northern North Sea off Norway. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400063/beta-flop-for-suncor Fri, 15 May 2015 07:45:34 +0000 live Bjaaland duster for OMV http://www.upstreamonline.com/live/1400061/bjaaland-duster-for-omv OMV has come up dry with a controversial wildcat drilled at the Bjaaland prospect near its Wisting discovery in the frontier Hoop area of the Barents Sea off Norway. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400061/bjaaland-duster-for-omv Fri, 15 May 2015 07:23:16 +0000 live Citic to test Indonesian well http://www.upstreamonline.com/live/1400058/citic-to-test-indonesian-well China's Citic Resources will move ahead with testing of its Lofin-2 appraisal well on the Seram (Non Bula) production sharing contract in eastern Indonesia, despite operational setbacks. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400058/citic-to-test-indonesian-well Fri, 15 May 2015 06:27:00 +0000 live MEO renews offshore permits http://www.upstreamonline.com/live/1400054/meo-renews-offshore-permits MEO Australia has renewed its 100% interest in two permits off the coast off north-west Australia in the Vulcan sub-basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400054/meo-renews-offshore-permits Fri, 15 May 2015 02:45:40 +0000 live AWE looks to firm up Waitsia potential http://www.upstreamonline.com/live/1400053/awe-looks-to-firm-up-waitsia-potential Sydney-based AWE has spudded an appraisal well on the Waitsia field in Western Australia's onshore Perth basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1400053/awe-looks-to-firm-up-waitsia-potential Fri, 15 May 2015 02:01:48 +0000 live Trican cuts 2000 staff, 50% of US frack fleet http://www.upstreamonline.com/live/1400037/trican-cuts-2000-staff-50-percent-of-us-frack-fleet Canadian pressure pumper Trican Well Services has laid off 2000 people, including almost 60% of its US staff in response to the oil downturn and warned that further reductions could be necessary to keep the company afloat. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1400037/trican-cuts-2000-staff-50-percent-of-us-frack-fleet Thu, 14 May 2015 19:22:21 +0000 live Oilex faces Timor-Leste claim http://www.upstreamonline.com/live/1400006/oilex-faces-timor-leste-claim An Oilex-led consortium is facing a cash claim from the Timor-Leste authorities after being issued with a notice to terminate its production sharing contract for an offshore exploration permit in the Timor Sea. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1400006/oilex-faces-timor-leste-claim Thu, 14 May 2015 12:31:23 +0000 live Queensland releases more acreage http://www.upstreamonline.com/live/1399980/queensland-releases-more-acreage Areas opened up in the onshore Cooper, Eromanga and Surat basins for exploration Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399980/queensland-releases-more-acreage Thu, 14 May 2015 00:24:49 +0000 live BP readies for Juniper drilling http://www.upstreamonline.com/live/1399976/bp-readies-for-juniper-drilling BP is preparing to begin development drilling for its giant Juniper natural gas project offshore Trinidad & Tobago after the arrival of the drilling rig it plans to use in the campaign. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1399976/bp-readies-for-juniper-drilling Wed, 13 May 2015 21:26:36 +0000 live Brazil and Russia distort supply picture http://www.upstreamonline.com/live/1399828/brazil-and-russia-distort-supply-picture Optimism that global crude oversupply that has triggered a drop in oil prices is abating may be premature, with Russia and Brazil both defying negative forces by delivering surprising supply increases last month, according to the International Energy Agency (IEA). Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399828/brazil-and-russia-distort-supply-picture Wed, 13 May 2015 14:13:32 +0000 live Beach hits more Cooper oil http://www.upstreamonline.com/live/1399766/beach-hits-more-cooper-oil Australian operator Beach Energy has hit oil in its latest appraisal well on the Callawonga field in South Australia's onshore Cooper basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399766/beach-hits-more-cooper-oil Wed, 13 May 2015 02:40:38 +0000 live Circle spuds Morocco well http://www.upstreamonline.com/incoming/1399741/circle-spuds-morocco-well Circle Oil has started spudding of the LAM-1 well on the Lalla Mimouna permit, onshore Morocco. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1399741/circle-spuds-morocco-well Tue, 12 May 2015 15:22:13 +0000 ece_incoming BP suspends West Azeri platform http://www.upstreamonline.com/incoming/1399683/bp-suspends-west-azeri-platform BP has confirmed that it will suspend operations at its West Azeri platform in the Caspian Sea off Azerbaijan for planned maintenance at the end of this month. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1399683/bp-suspends-west-azeri-platform Tue, 12 May 2015 10:13:15 +0000 ece_incoming Norway oil cash flow slashed http://www.upstreamonline.com/live/1399678/norway-oil-cash-flow-slashed Estimated cash flow to the state this year from Norway’s key oil and gas sector has been slashed by Nkr80 billion ($10.7 billion) compared with a previous Budget estimate as low oil prices and high costs have taken a toll on oil company revenue and investments. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399678/norway-oil-cash-flow-slashed Tue, 12 May 2015 09:45:31 +0000 live Xana strike for Maersk http://www.upstreamonline.com/live/1399661/xana-strike-for-maersk Maersk Oil has made a hydrocarbon discovery at the Xana-1X well in the Danish sector of the North Sea. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399661/xana-strike-for-maersk Tue, 12 May 2015 07:57:00 +0000 live Premier resumes Isobel Deep drilling http://www.upstreamonline.com/live/1399653/premier-resumes-isobel-deep-drilling UK independent Premier Oil has resumed drilling at the Isobel Deep prospect off the Falkland Islands after rectifying a problem with the rigs blowout preventer. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399653/premier-resumes-isobel-deep-drilling Tue, 12 May 2015 06:36:29 +0000 live Incremental to buy Silver Tip field http://www.upstreamonline.com/live/1399648/incremental-to-buy-silver-tip-field Australia-listed Incremental Oil & Gas has entered into an agreement to purchase the Silver Tip oil and gas field in the Bighorn basin in the US state of Wyoming. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399648/incremental-to-buy-silver-tip-field Tue, 12 May 2015 02:34:57 +0000 live Shell wins Arctic approval http://www.upstreamonline.com/live/1399633/shell-wins-arctic-approval The US Bureau of Ocean Energy Management conditionally approved Royal Dutch Shell's revised exploration plan for the Chukchi Sea on Monday. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1399633/shell-wins-arctic-approval Mon, 11 May 2015 19:25:42 +0000 live Lundin eyes second Alta appraisal http://www.upstreamonline.com/live/1399592/lundin-eyes-second-alta-appraisal Lundin Petroleum has been given the green light by Norway’s safety agency to sink a second appraisal at the Alta discovery in the Barents Sea as it wraps up drilling of the first delineation well. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399592/lundin-eyes-second-alta-appraisal Mon, 11 May 2015 13:43:16 +0000 live Tunisia well below par for Serinus http://www.upstreamonline.com/incoming/1399591/tunisia-well-below-par-for-serinus Serinus Energy has brought on stream a further production well at its Sabria field in central Tunisia, although flow rates are “below expectations”. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1399591/tunisia-well-below-par-for-serinus Mon, 11 May 2015 12:41:05 +0000 ece_incoming Circle Oil hits pay in Morocco http://www.upstreamonline.com/incoming/1399556/circle-oil-hits-pay-in-morocco Circle Oil has struck gas with its first well drilled in the Sebou permit onshore Morocco, the London-listed player said on Monday. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1399556/circle-oil-hits-pay-in-morocco Mon, 11 May 2015 08:09:36 +0000 ece_incoming Higher estimate for Horse Hill http://www.upstreamonline.com/live/1399559/higher-estimate-for-horse-hill Resource potential at the Horse Hill discovery near Gatwick Airport in southern England has been given a further boost by a new study that indicates in-place oil volumes are more than double a previous estimate. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399559/higher-estimate-for-horse-hill Mon, 11 May 2015 08:01:22 +0000 live Cairn firms up Senegal drill effort http://www.upstreamonline.com/live/1399552/cairn-firms-up-senegal-drill-effort Cairn Energy has firmed up plans for an exploration and appraisal drilling campaign to be kicked off later this year in the vicinity of a pair of discoveries off Senegal. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399552/cairn-firms-up-senegal-drill-effort Mon, 11 May 2015 07:22:54 +0000 live Sound proposes Moroccan farm-in http://www.upstreamonline.com/live/1399550/sound-proposes-moroccan-farm-in London-listed Sound Oil has been given the opportunity to gain a 55% operated interest in the Tendrara licence, onshore Morocco. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399550/sound-proposes-moroccan-farm-in Mon, 11 May 2015 06:58:38 +0000 live Titan cheers Allen Dome flows http://www.upstreamonline.com/live/1399507/titan-cheers-allen-dome-flows Australian junior Titan Energy has started flowing oil from the initial test well of its multi-well developmental drilling programme on the Allen Dome project in Texas. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399507/titan-cheers-allen-dome-flows Mon, 11 May 2015 00:50:22 +0000 live AziPac to pick up Indonesian stake http://www.upstreamonline.com/live/1399503/azipac-to-pick-up-indonesian-stake Asia-focused E&P player AziPac is expected today to announce a new Indonesian asset for its upstream portfolio. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399503/azipac-to-pick-up-indonesian-stake Sun, 10 May 2015 23:09:15 +0000 live US rig count continues decline http://www.upstreamonline.com/live/1399491/us-rig-count-continues-decline The number of rigs drilling in the US continued to slide, dropping by 11 to 894 in the week ending 8 May, according to Baker Hughes' weekly tally. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1399491/us-rig-count-continues-decline Fri, 08 May 2015 18:20:45 +0000 live Zumba on Tullow's radar screen http://www.upstreamonline.com/live/1399463/zumba-on-tullows-radar-screen Tullow Oil has gained safety clearance from the authorities to spud a wildcat shortly at the Zumba prospect in the Norwegian Sea. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399463/zumba-on-tullows-radar-screen Fri, 08 May 2015 10:12:14 +0000 live Boomerang in sight for VNG http://www.upstreamonline.com/live/1399455/boomerang-in-sight-for-vng VNG has been given the safety nod to drill the first probe in a two-well exploration effort aimed at proving up more resources near its Pil & Bue discoveries in the Norwegian Sea. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399455/boomerang-in-sight-for-vng Fri, 08 May 2015 09:16:13 +0000 live ExxonMobil hits hydrocarbons at Liza http://www.upstreamonline.com/live/1399412/exxonmobil-hits-hydrocarbons-at-liza ExxonMobil “encountered hydrocarbons” at its closely watched wildcat on the Liza prospect offshore Guyana Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1399412/exxonmobil-hits-hydrocarbons-at-liza Thu, 07 May 2015 21:43:41 +0000 live BP probes Sullom Voe leak http://www.upstreamonline.com/live/1399366/bp-probes-sullom-voe-leak BP has launched a clean-up operation and an investigation after an oil sheen was spotted in a stream that runs alongside its Sullom Voe Terminal in the Shetland Islands. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399366/bp-probes-sullom-voe-leak Thu, 07 May 2015 12:27:09 +0000 live Norway report revives CCS prospects http://www.upstreamonline.com/live/1399360/norway-report-revives-ccs-prospects The prospect of a full-scale carbon capture and storage facility being realised in Norway, after an earlier scheme at Mongstad was scrapped, has been revived with the submission of a report to the government this week. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399360/norway-report-revives-ccs-prospects Thu, 07 May 2015 10:20:58 +0000 live Repsol gets Hagar green light http://www.upstreamonline.com/live/1399352/repsol-gets-hagar-green-light Repsol is set to drill a wildcat at the Hagar prospect in the Norwegian Sea later this month after gaining final safety clearance from the authorities. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399352/repsol-gets-hagar-green-light Thu, 07 May 2015 08:28:37 +0000 live Gazprom eyes Vietnam deep probe http://www.upstreamonline.com/live/1399350/gazprom-eyes-vietnam-deep-probe Gazprom aims to drill the first deep-water exploration well off Vietnam later this year under its joint venture with state-owned PetroVietnam, according to the Russian giant. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399350/gazprom-eyes-vietnam-deep-probe Thu, 07 May 2015 08:15:06 +0000 live Pantheon contracts rig http://www.upstreamonline.com/incoming/1399348/pantheon-contracts-rig Pantheon Resources has formally contracted the Nabors Rig F-12 for the drilling of two wells in East Texas, US. (Anamaria Deduleasa) http://www.upstreamonline.com/incoming/1399348/pantheon-contracts-rig Thu, 07 May 2015 07:49:44 +0000 ece_incoming Pair exit Ampasindava block http://www.upstreamonline.com/live/1399345/pair-exit-ampasindava-block ExxonMobil and partner Sterling Energy have decided to ditch their Ampasindava exploration block off Madagascar due to a perceived lack of resource prospectivity. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1399345/pair-exit-ampasindava-block Thu, 07 May 2015 07:34:32 +0000 live Oil Search to abandon Taza probe http://www.upstreamonline.com/live/1399335/oil-search-to-abandon-taza-probe Australia-listed Oil Search is abandoning its Taza-2 appraisal well in the Kurdistan region of Iraq following a disappointing testing programme. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399335/oil-search-to-abandon-taza-probe Thu, 07 May 2015 04:27:10 +0000 live Murphy to target Malaysian play http://www.upstreamonline.com/live/1399333/murphy-to-target-malaysian-play Murphy Oil will be lending its considerable deep-water experience to pursue the Paus play off Sarawak, Malaysia, when a commitment exploration well is drilled there in late 2015 or early 2016. (Russell Searancke) http://www.upstreamonline.com/live/1399333/murphy-to-target-malaysian-play Thu, 07 May 2015 02:48:07 +0000 live Karoon flows oil off Brazil http://www.upstreamonline.com/live/1399332/karoon-flows-oil-off-brazil Karoon Gas Australia has flowed oil from its Echidna-1 discovery on Block S-M-1102 in Brazil's offshore Santos basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399332/karoon-flows-oil-off-brazil Thu, 07 May 2015 01:28:15 +0000 live AWE confirms Perth basin find http://www.upstreamonline.com/live/1399330/awe-confirms-perth-basin-find Australian company AWE has confirmed it has made a gas discovery with its Irwin-1 exploration well in Western Australia's onshore Perth basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399330/awe-confirms-perth-basin-find Thu, 07 May 2015 00:32:27 +0000 live Ecopetrol on hunt for jack-up http://www.upstreamonline.com/live/1399328/ecopetrol-on-hunt-for-jack-up Colombia’s state oil company Ecopetrol is preparing to tap the rig market for a jack-up within the next two months, despite pushing back plans for drilling the Molusco wildcat into next year, according to a source in the company. (Gareth Chetwynd) http://www.upstreamonline.com/live/1399328/ecopetrol-on-hunt-for-jack-up Thu, 07 May 2015 00:05:52 +0000 live Kuwait Energy hits Egyptian pay http://www.upstreamonline.com/live/1399068/kuwait-energy-hits-egyptian-pay Kuwait Energy has flowed oil and gas from its latest exploration well on the Abu Sennan concession in Egypt. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399068/kuwait-energy-hits-egyptian-pay Wed, 06 May 2015 02:00:54 +0000 live Norwest wraps up Arrowsmith shoot http://www.upstreamonline.com/live/1399065/norwest-wraps-up-arrowsmith-shoot Australia-listed Norwest Energy has wrapped up a 3D seismic survey at its Arrowsmith project in Western Australia's onshore Perth basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399065/norwest-wraps-up-arrowsmith-shoot Wed, 06 May 2015 00:56:05 +0000 live Senex hits Cooper tight oil http://www.upstreamonline.com/live/1399063/senex-hits-cooper-tight-oil Brisbane-based Senex Energy has made two tight oil finds in separate wells in South Australia's onshore Cooper basin. Josh.Lewis@upstreamonline.com (Josh Lewis) http://www.upstreamonline.com/live/1399063/senex-hits-cooper-tight-oil Wed, 06 May 2015 00:24:09 +0000 live US 'needs Arctic rules changes' http://www.upstreamonline.com/live/1399048/us-needs-arctic-rules-changes Shell executive Ann Pickard says regulations need modernising if vast resources to be exploited Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1399048/us-needs-arctic-rules-changes Tue, 05 May 2015 21:35:42 +0000 live Petrobras nears Libra FPSO tender http://www.upstreamonline.com/live/1399047/petrobras-nears-libra-fpso-tender A Petrobras-led consortium will issue a tender for a chartered floating production, storage and offloading unit for the Libra field in June or July with the intention of deploying a pilot production system on the giant pre-salt asset in Brazil’s Santos basin. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1399047/petrobras-nears-libra-fpso-tender Tue, 05 May 2015 21:27:47 +0000 live Anadarko eyes Shenandoah well spud http://www.upstreamonline.com/live/1399021/anadarko-eyes-shenandoah-well-spud US independent Anadarko Petroleum is planning a second-quarter spud date for its closely-watched third appraisal well at its high-profile Shenandoah project in the deep-water Gulf of Mexico. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1399021/anadarko-eyes-shenandoah-well-spud Tue, 05 May 2015 17:18:20 +0000 live Noble chases down Cheetah spud http://www.upstreamonline.com/live/1399005/noble-chases-down-cheetah-spud Noble Energy will soon spud an exploration well off Cameroon after nailing down a rig contract. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1399005/noble-chases-down-cheetah-spud Tue, 05 May 2015 13:56:37 +0000 live