Noble Corporation (NYSE: NE) today announced that the Company has entered into a three-year term drilling contract with Anadarko Petroleum Corporation (NYSE: APC) for the Noble Bob Douglas, one of Noble's new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. shipyard in Ulsan, South Korea. The drillship, which is being constructed on a fixed price basis, is expected to be utilized for operations primarily in the U.S. Gulf of Mexico.
Treaty Energy Corporation (OTCQB: TECO), a growth-oriented international energy company, today announced an update on progress on the San Juan #2 Well in Belize.
The Organization of the Petroleum Exporting Countries' (OPEC) crude output dipped by 30,000 barrels per day (b/d) to 31.72 million b/d in June from 31.75 million b/d in May, reversing most of the 40,000-b/d increment of the previous month, a Platts survey of OPEC and oil industry officials and analysts showed July 9.
Industrial employment in North Dakota shot up 15.8% over the past twelve months according to the 2013 North Dakota Manufacturers Register, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports North Dakota gained 5,899 industrial jobs between May 2011 and May 2012, with employment in the oil and gas extraction sector more than doubling in response to the Bakken Shale oil boom.
Breitling Oil and Gas today announced that the Breitling-Warrior #1H in Pottawatomie County, Oklahoma has been completed as an oil and gas producer after reaching a total measured depth of 6,300 feet.
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Gullfaks South field development. The contract has an estimated value of $200 million in revenue to FMC Technologies.
Orca Exploration Group Inc. announces the successful completion of its SS-11 development well in Tanzania, provides an update on the Company's operations and announces a bridge loan facility.
To obtain a stake in the Gulf of Mexico Lucius project, Anadarko Petroleum has made a deal with an undisclosed entity, according to which Anadarko’s investment of 556 million dollars, which would cover the entire capital requirement up to the initial production of the Lucius project, will obtain for Anadarko a 7.2% working interest in the development and retain a 27.8% working interest when Anadarko continues as a operator.
US Seismic Systems, Inc., an Acorn Energy, Inc. company announced today it has built and shipped the world's largest commercial high temperature down-hole fiber-optic seismic array. The 40-level array is designed for monitoring wells that use the latest unconventional oil and gas extraction technique known as hydrofracking.
Manas Petroleum Corp. is pleased to provide this update on the progress of the exploration program in Mongolia, which is focused on drilling two wells in 2012, through its subsidiary Gobi Energy Partners LLC.
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