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Iran: Gas field discovered with $40 billion worth of reserves

A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.

read more... 15/10/2019

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Chongqing gas mine plans to build 10 billion square gas field

Chongqing Daily reporter learned that the gas mine is speeding up the shale gas business and tapping the potential of the old area, and plans to stop the decline and pick up natural gas production by 2020, with natural gas production exceeding 5 billion square meters by 2025 and 8 billion square meters by 2035 and striving to reach 10 billion square meters.

read more... 11/10/2019

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Shell to launch gas expansion project at UK's Pierce field

Shell and its partner Ithaca Energy have taken a final investment decision to build new gas production facilities at the UK's Pierce field in the Central North Sea.

read more... 07/10/2019

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PGNiG gets nod to drill its second operated well in Norway

PGNiG’s subsidiary PGNiG Upstream Norway AS will drill the well 6507/5-9 A using the Deepsea Nordkapp semi-submersible drilling rig. The well is located in the production license 838, southeast of the Skarv field.

read more... 02/10/2019

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Rosneft Discovers New Field Offshore Sakhalin

As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, resulting in the discovery of a new oil field.

read more... 01/10/2019

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