Search results for: boepd

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  • 23 August 2012

    Premier Oil, a UK based independent oil and gas exploration and production company has released its half year financial and operational results. The company has reported record profit before tax of US$194.6 million (2011: US$32.5 million) and profit after tax of US$145.8 million (2011: US$88.5 million). Production averaged 58,400 boepd (2011: 36,900 boepd) during the […]

  • 6 October 2014
    Business & Finance, Project & Tenders

    Norwegian Energy Company ASA (Noreco) in September 2014 produced 7427 barrels of oil equivalents per day (boepd) on average. Net realised price in September was USD 85.7 per barrel of oil equivalents (USD 92.4 per barrel of oil) after adjustments for inventory, NGL and gas prices. For the third quarter 2014 production was 5 755 […]

  • 5 July 2013
    Business & Finance

    OGX announces that its average oil and natural gas production for June 2013 reached 23.0 thousand barrels of oil equivalent per day (boepd). Of this amount, 9.7 thousand boepd corresponds to the offshore average production at Tubarão Azul Field, in the Campos Basin, and 13.3 thousand boepd (2.1 million m3 per day) to OGX’s share […]

  • 3 October 2012
    Business & Finance

    Apache Corporation reported that its Gulf of Mexico production facilities are back online following suspended operations due to Hurricane Isaac. Also, production from North Sea assets has recovered following maintenance activities completed during the third quarter. As the company enters its fourth quarter reporting period, worldwide production is at an all-time high of approximately 800,000 […]

  • 7 March 2014
    Business & Finance, Project & Tenders

    The month saw gross Huntington production peak at 34,420 boepd

  • 19 July 2013
    Business & Finance, Project & Tenders

    Iona Energy Inc. provides an update related to its Huntington Oil Field located in the UK North Sea, as well as a total production update for the Company. Current production from the Huntington Oil Field is approximately 24,500 boepd gross (21,700 bopd of oil and 16.9 MMscf/d of natural gas). Net to Iona, production is […]

  • 30 July 2014
    Business & Finance

    Hess Corporation today reported net income of $931 million for the quarter ended June 30, 2014. Adjusted net income, which excludes items affecting comparability, was $432 million or $1.38 per common share, compared with $520 million or $1.51 per share in the prior year quarter.   The company said that the decrease in adjusted net […]

  • 7 August 2014

    Norwegian Energy Company (Noreco) in July 2014 produced 6 979 barrels of oil equivalents per day (boepd) on average, down from 7 350 boepd in June 2014. Net realised price in July was USD 92.2 per barrel of oil equivalents (USD 100.9 per barrel of oil) after adjustments for inventory, NGL and gas prices. As previously informed an unplanned shut-down […]

  • 3 January 2012
    Business & Finance

    Afren plc  announces exit 2011 Group Production ahead of year end guidance at circa 55,400 boepd. Afren announces that production at the Ebok field, located offshore south east Nigeria, has been increased to a stabilised rate of circa 40,000 bopd, following the commissioning and ramp up of all production wells associated with the initial phases […]

  • 19 July 2013
    Business & Finance, Operations & Maintenance

    Iona Energy Inc. provides an update related to its Huntington Oil Field located in the UK North Sea, as well as a total production update for the Company. Current production from the Huntington Oil Field is approximately 24,500 boepd gross (21,700 bopd of oil and 16.9 MMscf/d of natural gas). Net to Iona, production is […]

  • 27 January 2012
    Business & Finance

    EnQuest’s option to purchase Bluewater’s FPSO Uisge Gorm has been exercised and the sale was completed on Wednesday 25th of January 2012. EnQuest will deploy the FPSO on the UK Alma and Galia fields project. The Alma/Galia field development project is worth approximately $850 million and will add a fourth hub to EnQuest’s existing operating […]

  • 24 May 2019

    Soco International, an oil company focused on Vietnam, and as of recently on Egypt, has said its production for the 1Q was in line with expectations. It has also said it is looking at potential M&A opportunities

  • 11 May 2016
    Equipment

    Sweden’s Lundin Petroleum has returned to profit in the first quarter of 2016, reporting a net result of $114.3 million. For comparison, the group reported a net loss of $230 million in the corresponding quarter a year ago. The company said the profit in the first quarter of the year was mainly driven by the excellent production […]

  • 8 December 2015

    EnQuest, a UK-based independent oil and gas company, posted a significant production increase in its update for the second half of 2015. The company said its production averaged 35,022 barrels of oil equivalent per day to end of November, up 26% on the same period last year and with a 39% increase to 41,360 Boepd […]

  • 13 May 2014
    Business & Finance, Operations & Maintenance

    Norwegian Energy Company ASA (Noreco) has reported that production from the Huntington field in the UK resumed on 11 May, 2014. Production has been interrupted since 12 April, initially for replacement of couplings in the inert gas system on the floating production and storage unit, and then again from 26 April due to an unplanned […]

  • 6 August 2014

    Dana Gas, the Middle East’s largest regional private sector natural gas company, reported a 70% jump in net profit to $ 46 million (AED 169 m) in the second quarter of this year, as compared to $ 27 million (AED 100 m) in 2Q 2013. The increase in revenue was due to increased production across […]

  • 13 May 2014

    Norwegian oil company Noreco has announced that production from the Huntington field in the UK North Sea resumed on May 11, 2014. Production has been interrupted since 12 April, initially for replacement of couplings in the inert gas system on the floating production and storage vessel Voyageur Spirit, and then again from 26 April due to […]

  • 29 January 2020
    Business & Finance

    Hess Corporation sank deeper into the red in the last quarter of 2019 despite higher production levels when compared to the prior-year quarter.

  • 2 November 2016
    Business & Finance

    Sweden-based independent oil company Lundin Petroleum returned to profit during the third quarter this year after achieving a record high production that gave its revenues a boost.  Lundin’s profit for this year’s third quarter was $173.8 million, including a net foreign exchange gain of $135.8 million, compared to a loss of $201.6 million in 3Q 2015 […]

  • 9 August 2013
    Business & Finance

    OGX Petróleo e Gás Participações S.A. (“OGX”), announces that its average oil and natural gas production for July 2013 reached 13.7 thousand barrels of oil equivalent per day (boepd). Of this amount, 0.9 thousand boepd corresponds to the offshore average production at Tubarão Azul Field, in the Campos Basin, and 12.8 thousand boepd (2.0 million […]

  • 29 November 2011
    Business & Finance

    EnQuest has sanctioned the development of the Alma and Galia fields, subject to anticipated regulatory approvals. This $850 million project will add a fourth hub to EnQuest’s existing operating base, will increase EnQuest’s net 2P oil reserves by 29 MMboe and is expected to increase EnQuest’s production levels to over 40,000 Boepd in 2014. EnQuest […]

  • 31 January 2014
    Business & Finance, Operations & Maintenance

    Iona Energy Inc. (“Iona” or the “Company”) announces an operational update related to its Huntington Oil Field located in the UK North Sea.   During Q4 2013, Iona produced on average 3,280 boepd as Huntington ramp-up continued to increase following the previously announced curtailment of production by the operator of the Central Area Transmission System […]