jhump-permian-basin

Treaty Energy Expands Texas Drilling

With a prior commitment for funding the drilling of 5 wells on existing leases in Texas, Treaty Energy Corporation has decided to extend the fund to the full 9 well drilling program. “Treaty Energy Corporation completed the funding for their …

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Oil Rig

WilHunter Rig Arrives On Location to Drill Valiant’s Timon Prospect

With an estimated 30 million barrels of oil equivalent at stake, Valiant Petroleum now has the WilHunter semi-submersible drilling rig on location of the Timon prospect in the UK Northern North Sea. In an announcement on the company’s website, Valiant …

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jhump-siemens-purchases

Cove Reports 2nd Successful Flow Test of Well in Offshore Mozambique

The second test of the Barquentine-1 well flowed gas at an equipment constrained rate of approximately 100 million cubic feet per day (MMcf/d), with minimal pressure drawdown, targeting a deeper Oligocene sand formation than previously tested Barquentine-2 in March. In …

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AGR Field Operations

American Petro-Hunter Reaches Completion to Commence at South Oklahoma Project

American Petro-Hunter, Inc. has announced that the SOM-1H horizontal well at the company’s South Oklahoma Project has reached total depth (TD) after successfully drilling 2,500+-foot lateral arm into the Mississippi Lime reservoir. In an announcement on the company’s website, American …

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jhump-breitling-oil-gas

Breitling Oil and Gas Corp Announces Spud of Breitling-Warrior Exploratory Well

The first in a possible six horizontal well drilling program on Brietling Oil and Gas Corporation’s leased acreage in Oklahoma has spud, the company has announced. The Breitling-Warrior #1H is located in Pottawatomie County, OK. In an announcement on the …

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jhump-dno-report

DNO Reports Tawke-16 Well Flow at 25,000 BOPD

The Tawke-16 well in Iraq, flowed at a cumulative rate in excess of 25,000 barrels per day reported DNO International. The well, located in the Kurdistan Region of Iraq, is expected to be connected to existing pipeline and processing facilities …

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jhump-maersk-developer

Maersk Developer Extended $370 Million Contract Option By Statoil for US Gulf of Mexico Work

Statoil has declared the option included in a 4-year contract with ultra deepwater semi-submersible Maersk Developer. The 2 year option, worth $370 million, begins in November 2013 and extends the company’s work in the US Gulf of Mexico, Maersk announced …

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jhump-nostra-terra

Nostra Terra Begins Drilling of First Horizontal Well in Warrior Project

Drilling in the first of six potential horizontal wells in the Warrior prospect has begun, said Nostra Terra Oil & Gas Company representatives. The company has a 10% interest in the Warrior prospect, located in Oklahoma, said Nostra Terra in …

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jhump-permian-basin

Permian Basin Oil Production Estimated at $2 Trillion

Based on current oil prices and historical volume, RainChief Energy Inc., forecasts $2 trillion in crude oil production in the high oil producing region, the Permian Basin. In a release on the company website, RainChief officials say the prediction is …

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jhump-siemens-purchases

Siemens Purchases Expro Subsea Unit

In a deal worth $630 million, Expro has announced an agreement with Siemens to sell the company its Connectors & Measurements (C&M) business. The deal will also include the Tronic and Matre brands, Expro officials announced on the company website. …

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