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Production at Thailand's Bongkot offshore gas field got under way this month at an initial output rate of 150 MMcfd. Operator Total said output would be raised to 200 MMcfd next January and to 250 MMcfd a year later.
Development costs on the field are

Ocelot Energy of Canada has signed up TransCanada Pipelines as a partner in its long-running bid for a $300 milliob offshore gasfield and pipeline project in Tanzania. Output from the project will be delivered for electricity generation, and work has bee

Norsk Hydro and Statoil of Norway have agreed to exchange minority interests in two North Sea oil and gas fields in a complicated swap also involving a small stake in the planned Haltenpipe pipeline project. The deal is subject to government approval.
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Canadian gas producers fell behind sharply replacing reserves, according to a survey by Zoff Energy Group. The survey of 30 leading companies with 75% of the country's gasfields showed that discoveries last year equalled only 26%of gas produced in the sa

Shell and Chevron have both cut back their North Sea drilling programmes, but take very different views as to whether this has anything to do with the reduction of UK tax relief on exploration costs.
Shell UK is said to have shelved or cancelled up to ha

Conoco says gas flowed 28 MMcfd from an appraisal well on its un-named UK North Sea block 9/19. The well also produced 1,636 b/d of condensates at a total depth of just over 13,000 ft. The well was about 15 kilometres south east of the Beryl field, and

Phillips Petroleum and its partners plan to spend $3 billion to $4 billion on revamping the Ekofisk oil and gas complex, which Norway last year threatened to close down.
The group announced its "conceptual plan" on July 1 – the Norwegian Petroleum Direct

Higher gas prices are persuading more companies to increase outlays on exploration and production, according to a survey by Salomon Brothers. The investment bankers found that 47% of the companies in the worldwide survey were planning to raise budgets fo

Mobil's Arthurian offshore gas empire continues to grow apace off the east coast of England, with two new fields coming on stream in mid-July. The latest arrivals, Lancelot and Guinevere, are producing up to 200 MMcfd from two platforms on blocks 48/17a,

According to a recent report in the Opec news agency (Opecna) Indonesia has finally conceded Exxon's demand for a higher profit share in the production-sharing contract to develop the Natuna gas field for LNG. "Pertamina exploration director Gustaff A S N