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Upstream News

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

18th June 2012

Exxon Mobil has decided not to go ahead with its shale gas exploration projects in Poland because its test wells failed to produce commercial quantities of gas, daily Gazeta Wyborcza reported in its weekend...
15th June 2012

Abu Dhabi National Oil Company (Adnoc) and China National Petroleum Corporation (CNPC) are expected to start detailed talks next month building on a strategic cooperation agreement signed in January during...
14th June 2012

Bulgaria's parliament eased a ban on hydraulic fracturing on Thursday to make it easier to allow exploration for conventional natural gas.In January, the country banned exploration for shale oil and gas...
14th June 2012

Schlumberger announced today the release of the Mangrove reservoir-centric stimulation design software that enables better decision making for well completion and fracturing programs. Developed on the...
13th June 2012

The US is seeing a dramatic surge in oil and gas production and could overtake the world's biggest producers, Russia and Saudi Arabia, in another decade, a US official said."Some of the numbers are eye-...
12th June 2012

BP has begun the initial start-up of the Galapagos development in the deepwater US Gulf of Mexico, one of a series of new major upstream projects that the company expects to bring into production this year...
12th June 2012

Energy company, Anadarko gas found more than of 300 net feet of natural gas pay in two areas in its Atum exploration well in the Rovuma Basin.It appears to be connected to a recent discovery about 10 miles...
11th June 2012

The reserves are in the third well in a field located 320 km off the southeastern state of Sao Paulo in the pre-salt layer, which is estimated to contain billions of barrels of oil equivalent and could...
8th June 2012

Guyana's government reacted with surprise yesterday after Venezuela's opposition coalition condemned such oil concessions and demanded a response by president Hugo Chavez's government.Natural Resources...
6th June 2012

Exxon Mobil is starting work with Russia's OAO Rosneft in assessing what could be massive reserves of shale oil in Western Siberia, the US giant's chief executive Rex Tillerson"There is huge shale potential...

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