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08.03.2010

Field restart increase Noreco production

Noreco's gas and oil production increased in February due to restart of shut down fields Nini and Siri.

Noreco's total production in February was 13.750 barrels of oil equivalents a day. Their net realized oil price reached 73 dollars a barrel, Noreco reports in a press release.

Fields Nini and Siri has beens hut down for five months due to structural problems at one of the platforms. The Brage field, where total production amounted to 36.900 barrels a day.

- A new infill well in the Statfjord reservoir was brought on stream at the end of the month. Drilling of the next infill well is ongoing and is expected to be completed in the second quarter this year, Noreco reports in a press release.

 

 

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09.09.2010 - Contracts & Agreements

GdF Suez enters Dovregubben

Det norske has sold five per cent of their share in the Dovregubben prospect to GdF Suez. The operator remains a 95 per cent share in the prospect.

» Read more » Contracts & Agreements
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09.09.2010 - Contracts & Agreements

500 million deal for BW Offshore

BW Offshore has signed a contract for the FPSO "BW Carmen" with Itacha Energy. The value is set to USD 450 to 500 million.

» Read more » Contracts & Agreements
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09.09.2010 - Contracts & Agreements

Songa Saturn to Trinidad

Songa Offshore has entered an agreement to use the rig "Songa Saturn" in Middle Americas to explore business opportunities in the area.

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08.09.2010 - World News

Shale gas can supersede oil and coal

Shale gas can change the global energy situation and replace oil and coal, a new report suggests.

» Read more » World News
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