Posts Tagged ‘horizontal wells’

Statoil and Sinochem submit Brazil Peregrino-2 development plan

Statoil and Sinochem add new platform in Peregrino II The state-owned companies Statoil from Norway and Sinochem from China, partnering in the offshore Peregrino field, submitted the plan of development (POD) for its southwest expansion in the Campos Basin to Brazil National agency of Petroleum, Natural Gas and Biofuel (ANP). […]

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Wintershall farm-in agreement to explore Argentina Vaca Muerta

Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal […]

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QGEP about to decide Brazil Atlanta development scheme

QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore […]

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Non-Condensable Gas Co-Injection

Definition Non-Condensable Gas Co-Injection (NCG) belongs to the in-situ exploration and production of oil sands. Non-Condensable Gas Co-Injection refers to the process which is to inject NCG together with the steam  in the oil sands reservoir. Comments Canada is the country with the biggest unconventional oil resources called bitumen. This bitumen […]

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MEG to increase Christina Lake enhancement program by 30%

$185 million program to boost production by 30% MEG Energy Corp (MEG) from Calgary in Alberta, Canada, announced last July to revise upward its Christina Lake oil field production enhancement program called RISER. Christina Lake is an in situ oil sands field located 150 kilometers south of Fort McMurray in […]

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$1.4 billion Devon-Sumitomo joint venture in shale oil

Devon and Sumitomo to develop Permian Basin tight oil Devon Energy Corporation (Devon) and Sumitomo Corporation (Sumitomo) entered an Agreement to jointly develop the Cline Shale and the Midland-Wolfcamp tight oil fields within the Permian Basin. The Cline Shale and the Midland-Wolfcamp tight oil fields are part of Devon‘s operations in USA where Devon has still […]

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