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'Megafire' that torched town now common in California

9 hours ago DieselGasoil Comments Off on 'Megafire' that torched town now common in California
(Reuters) – Paradise, California had long prepared for wildfires but only in its worst nightmares did it imagine the kind of “megafire” that last week destroyed most of the town and killed at least 42 people. The burnt wreckage of a vehicle and debris are seen in the aftermath of the Woolsey fire in Malibu, Read More

Brazil's Senate to vote on transfer-of-rights bill November 27

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Rio de Janeiro — Brazil’s Senate will vote November 27 on a bill that would allow state-run oil company Petrobras to sell down its 100% stake in the subsalt transfer-of-rights areas and potentially open the door for an auction to sell development rights to as much as 15 billion barrels of crude, making it one Read More

Chaparral Energy Announces Third Quarter 2018 Financial and Operational Results

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OKLAHOMA CITY, Nov. 13, 2018 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) today announced its third quarter 2018 financial and operational results with the filing of its form 10-Q. The company will hold its quarterly financial and operating results conference call this morning, November 13, at 10 a.m. Central. Third Quarter Highlights and Recent Read More

Rockhopper Exploration produces commercial volumes of oil from Bahariva formation

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11/12/2018 Map: Rockhopper Exploration’s Abu Sennan concession. LONDON — Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update in relation to its Egyptian portfolio. Current production from the Abu Sennan concession is approximately Read More

Feature: Africa's upstream oil sector showing new sense of purpose

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Highlights Significant rise in drilling programs for 2019 Continent reasserting itself as exploration hub Investors’ attention spans are lengthening Cape Town — Oil and natural gas exploration in Africa is experiencing a revival after a long period in the wilderness. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now It Read More

HPHT 2018: Industry and BSEE work together to further U.S. offshore development

4 days ago DieselGasoil Comments Off on HPHT 2018: Industry and BSEE work together to further U.S. offshore development
By craig fleming on 11/9/2018 HOUSTON – Recently, at World Oil’s HPHT Drilling, Completion and Production Conference, National Ocean Industries Association (NOIA) President Randall Luthi said in a keynote address that his Washington, D.C.-based lobbying group is committed to providing the oil and gas industry with reliable access to the nation’s government officials. He stressed Read More

Kakwa North well tests at 2,900 boe/d

5 days ago DieselGasoil Comments Off on Kakwa North well tests at 2,900 boe/d
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 09, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the test results from its Kakwa North acreage. The operator recently completed the Read More

Interview: Africa upstream sector making smarter decisions: Kosmos exploration VP

5 days ago DieselGasoil Comments Off on Interview: Africa upstream sector making smarter decisions: Kosmos exploration VP
Highlights Cost control to persist despite higher prices African oil ministries offering better terms Cape Town — Africa’s upstream industry has learned from the recent oil price slump and is now better positioned to take advantage of the improved sentiment, Tracey Henderson, senior vice president of exploration at Kosmos Energy, said Thursday. Not registered? Receive Read More