Upstream News

Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments

	Fracking impeded by regulatory framework – report 13th March 2012 The natural gas industry is technologically capable of tapping vast shale gas resources in the US, but it is unclear if all companies can successfully manage the complex array of environmental and social...
	Petrobras finds new offshore oil reserves 13th March 2012 Huge quantities of high-quality crude have been discovered by Brazilian energy giant Petrobras off the coast of Rio de Janeiro. Between 50-80bn barrels of crude, roughly five times Brazil’s current...
	Logging-while-drilling product launched 13th March 2012 MicroScope*, a new high-resolution resistivity and imaging-while-drilling service, was announced this month by leading oil and gas technology supplier, Schlumberger. The product is designed to provide high-...
	Chevron unlocks new LNG reserves 13th March 2012 Chevron in 2011 discovered huge gas fields containing an estimated 40 trillion cubic feet of natural gas off the remote northwest coast of Western Australia.This is enough energy to power a city of 1...
	Second well discovered in Tupi oilfields 13th March 2012 The second well could be drilled after a Transfer of Rights Agreement was executed with the Brazilian National Oil, Natural Gas and Biofuels Agency (ANP). The first well drilled in the Transfer of Rights...