Cuadrilla completes second UK shale gas well in Lancashire

It is seeking consent from the government to frack at Preston New Road later this year

Centrica joint venture to drill new North Sea well

Spirit Energy, the joint venture between Centrica and Norweigan firm Bayerngas Norge, is to drill a new gas well in the Southern North Sea. The £75 million Chiswick field investment is expected to produce around 50 billion cubic feet of gas. Oil & Gas UK Chief Executive Deirdre Michie said: “Spirit Energy’s announcement provides evidence […]

Rig evacuated after Gulf of Mexico fire

A fire broke out at an offshore oil and gas rig in the Gulf of Mexico late yesterday hours after 44 workers were safely evacuated. Yesterday a well blowout at the Hercules 265 rig (pictured) saw gas freely flowing from the well which is 55 miles off the coast of Louisiana in 154 feet of […]

First oil discovery offshore Namibia

A Brazilian energy firm has announced the first discovery of oil off the coast of Namibia. Rio de Janeiro based HRT found oil in the Wingat exploration well in the Walvis basin, although not in commercial volumes yet. Findings have led to HRT identifying “two well-developed source rocks” and “several thin-bedded sandy reservoirs that are […]

Statoil call to tender for new efficient rigs

Exploration giants Statoil have called to tender a new type of drilling rig, which they claim will improve efficiency of extraction by 20%. The new category J rigs will operate at water depths from 70 to 150 metres and drill wells down to 10,000 meters. It is a tailor-made rig for operations in harsh environment […]

Statoil discovers significant amounts of oil

Norwegian oil giants Statoil have made a potentially significant discovery in the North Sea. The company have been drilling at the Aldous structure and estimate the amount under the waves to be between 400 and 800 million barrels of recoverable oil equivalent.
 Statoil spokesman Ola Anders Skauby told Reuters: “Discoveries are always positive, and this […]