Jericho Oil Corporation announced it signed a letter of intent to purchase a 50 percent working interest in 2,050 acres of land in Oklahoma, according to a press release. The new land will bring Jericho's acreage up ...
Exxon Mobil Corporation (NYSE:XOM) announced today that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed.
The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d.
Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash “C” member oil producer.
Iraq's crude oil exports reached 2.94 million b/d in December, a new record high, taking the country's 2014 monthly average to 2.517 million b/d, as the recent deal with Kurdish authorities begins to bear fruit.
JSC Gazprom Neft said a third well in the Badra field in eastern Iraq has come on production, ensuring “sustainable” rates of at least 15,000 b/d. Drilling of another three wells continues.