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Chevron sanctions waterflood project to boost St. Malo production

9 hours ago DieselGasoil Comments Off on Chevron sanctions waterflood project to boost St. Malo production
9/19/2019 SAN RAMON, CA- Chevron has sanctioned a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. Chevron St. Malo project “The St. Malo field is a world-class asset that is positioned Read More

Schlumberger highlights “The Future is Open” at SIS Global Forum

14 hours ago DieselGasoil Comments Off on Schlumberger highlights “The Future is Open” at SIS Global Forum
9/19/2019 LONDON – Schlumberger announced today its biennial event, the SIS Global Forum 2019, has surpassed expectations, laying firm foundations for a new era of openness and widespread collaboration in the oil and gas industry. This reaffirms the importance of the Forum in bringing together key industry players and enabling the acceleration of the digital Read More

TGS kicks off latest 3D survey offshore Africa

14 hours ago DieselGasoil Comments Off on TGS kicks off latest 3D survey offshore Africa
9/19/2019 ASKER, NORWAY – TGS has has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. It is being undertaken in partnership with GeoPartners – using the vessel, BGP Prospector – and has the Read More

Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil

14 hours ago DieselGasoil Comments Off on Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil
9/19/2019 HOUSTON – Talos Energy has entered into two separate agreements with BP and Exxon Mobil related to new exploration opportunities in the U.S. Gulf of Mexico. The Company will work with BP to drill and evaluate the Puma West prospect, located in Talos-owned Green Canyon Block 821, in the fourth quarter of 2019. Additionally, Read More

Rosehill Resources Inc. Provides Operational Update

14 hours ago DieselGasoil Comments Off on Rosehill Resources Inc. Provides Operational Update
HOUSTON, Sept. 19, 2019 (GLOBE NEWSWIRE) — Rosehill Resources Inc. (“Rosehill” or the “Company”) (NASDAQ: ROSE, ROSEW, ROSEU) today provided an operational update for recent activity as well as expected production for the quarter ending September 30, 2019. Highlights Placed onto production nine wells in the Northern Delaware area and four wells in the Southern Read More

McDermott is said to hire restructuring firm for turnaround advice

15 hours ago DieselGasoil Comments Off on McDermott is said to hire restructuring firm for turnaround advice
By Allison McNeely and David Wethe on 9/19/2019 NEW YORK (Bloomberg) – McDermott International hired restructuring firm AlixPartners for strategic and operational advice as the company seeks to shore up its balance sheet, according to a person with knowledge of the matter. The Houston-based company’s stock plunged as much as 76% Wednesday — trading was Read More

SeaBird Exploration: new 2D survey award – Africa region

18 hours ago DieselGasoil Comments Off on SeaBird Exploration: new 2D survey award – Africa region
19 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has signed a contract to acquire a 2D seismic survey for an international oil & gas company in the Africa region. The survey is due to commence towards the end of September and is estimated to run for approximately three weeks. Read More

Greenfields Petroleum Corporation Announces Extension of Senior Debt Payment

1 day ago DieselGasoil Comments Off on Greenfields Petroleum Corporation Announces Extension of Senior Debt Payment
HOUSTON, Sept. 18, 2019 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces the execution of a deferral letter with its senior debt lender, Vitol Energy (Bermuda) Ltd. (“Vitol”), to defer payments in the aggregate of $14.3 million (including restructuring fee-$1.4m) Read More

Extraction Oil & Gas, Inc. Announces the Appointment of Audrey Robertson to its Board of Directors

1 day ago DieselGasoil Comments Off on Extraction Oil & Gas, Inc. Announces the Appointment of Audrey Robertson to its Board of Directors
DENVER, Sept. 18, 2019 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction”) today announced that its Board of Directors has appointed Audrey Robertson to serve as an independent member of the Company’s Board. Ms. Robertson will serve as a member of the Audit Committee. The appointment is effective immediately and now brings Read More

Prairie Provident Announces Significant Incremental Reserves Booking Attributable to Evi Waterflood

1 day ago DieselGasoil Comments Off on Prairie Provident Announces Significant Incremental Reserves Booking Attributable to Evi Waterflood
CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of an updated independent reserves evaluation of the Company’s interests in respect to specific reserve entities within three future undeveloped waterflood expansion areas in Evi (“Evi Waterflood Areas”). The evaluation was Read More