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Last updated on April 16, 2014 at 8:06 EDT

Latest Natural gas condensate Stories

2013-12-06 12:22:47

PORT MORESBY, Papua New Guinea and HOUSTON, Dec. 6, 2013 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) is pleased to announce that the PNG Department of Petroleum and Energy has approved the Company's application for Petroleum Retention License 39, which includes the Triceratops discovery. Additionally, InterOil is providing further clarification regarding the fixed and variable payments agreed to with Total S.A. (CAC: TOT; NYSE: TOT) in relation to the sale of a gross 61.3%...

2013-10-29 12:23:21

MOSCOW, Oct. 29, 2013 /PRNewswire/ -- OAO NOVATEK ("NOVATEK" and/or the "Company") announced today the launch of the Eastern dome of the North-Urengoyskoye field developed by the Nortgas joint venture. Eighteen (18) production wells have been completed at the Eastern dome, and its infrastructure includes a gas treatment facility with annual capacity of six (6) billion cubic meters (bcm), gas gathering networks, gas and gas condensate pipelines to the Western dome of the field. The...

2013-10-16 16:21:49

MOSCOW, Oct. 16, 2013 /PRNewswire/ -- OAO NOVATEK ("NOVATEK" and/or the "Company") announced today the completion of construction and the start of commissioning tests at the second stage of the Gas Condensate Fractionation and Transshipment Complex located at the port of Ust-Luga on the Baltic Sea. The second stage includes a stable gas condensate fractionation unit with nameplate capacity of three (3) million tons per annum and an additional deep-water berth. Following the launch...

2013-03-25 08:21:37

PORT MORESBY, Papua New Guinea and HOUSTON, March 25, 2013 /PRNewswire/ -- InterOil Corporation (NYSE:IOC) (POMSoX:IOC) is pleased to announce that it has completed the farm-in transaction with Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) ("PRE") relating to its acquisition of a 10.0% net (12.9% gross) participating interest in Petroleum Prospecting License 237 ("PPL 237") onshore Papua New Guinea, including the Triceratops structure and exploration acreage located...

2012-05-14 02:21:36

PORT MORESBY, Papua New Guinea, and HOUSTON, May 14, 2012 /PRNewswire/ -- InterOil Corporation (NYSE:IOC) (POMSoX:IOC) ("InterOil") announced that it has successfully drill stem tested the upper reservoir section in the Triceratops-2 well in Papua New Guinea. The test (DST#8) is conducted in the open hole interval from 4,111 feet (1,253 meters) to 4,859 (1,481 meters) and the well was opened to increasing choke settings before being closed for final buildup. As of May 14, 2012...

2012-03-30 10:20:52

PORT MORESBY, Papua New Guinea and HOUSTON, March 30, 2012 /PRNewswire/ -- InterOil Corporation (NYSE:IOC) (POMSoX:IOC) ("InterOil" or the "Company") announced that it will hold a technical update conference call on the Triceratops-2 well in Papua New Guinea, on Monday, April 2, 2012 at 9:00 a.m. Eastern (8:00 a.m. Central). To date InterOil has successfully drilled 1,489 feet of the target carbonate reservoir. Over the entire carbonate reservoir interval the Company has observed back...

2012-01-17 05:00:00

PORT MORESBY, Papua New Guinea and HOUSTON, Jan. 17, 2012 /PRNewswire/ -- InterOil Corporation (NYSE:IOC) (POMSoX:IOC) ("InterOil") announced that drilling has commenced on the Triceratops-2 appraisal well in Petroleum Prospecting License 237 in Papua New Guinea. The plan is to drill the entire reservoir interval with a predicted total depth of the well of approximately 7,579 feet (2,310 meters). The well is expected to take in the order of 60 to 120 days to drill, log and test...

2010-09-28 05:00:00

CAIRNS, Australia and HOUSTON, Sept. 28 /PRNewswire/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) today announced that during stabilized flow from drill stem test (DST) #7 at the Antelope-2 Horizontal 2A well in Papua New Guinea, the well flowed gas at rates between 2.5 to 4.5 million cubic feet of natural gas per day (MMcfd) through various choke sizes with limited formation water produced. A stabilized condensate-to-gas ratio (CGR) of approximately 24-27.7 barrels of condensate per...

2010-07-07 07:00:00

CAIRNS, Australia and HOUSTON, July 7 /PRNewswire-FirstCall/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) today announced that during two separate 24 hour flow periods of drill stem test (DST) #5 at the Antelope-2 horizontal well in Papua New Guinea, the well flowed at a stabilized gas rate between 5.7 and 7.3 million cubic feet of natural gas per day (MMcfd) through various choke sizes with no formation water produced. A stabilized condensate-to-gas (CGR) ratio of approximately 20-21...

2010-01-11 07:16:00

CAIRNS, Australia, and HOUSTON, Jan. 11 /PRNewswire-FirstCall/ -- InterOil Corporation (NYSE: IOC) (POMSoX: IOC) today announced that during the last seven hours of drill stem test (DST) 2 at the Antelope-2 well in Papua New Guinea the well flowed at a stabilized rate of approximately 11 MMcfd on a 48/64 inch choke and the condensate-to-gas ratio (CGR) averaged 20.7 barrels per million cubic feet of natural gas. This is a 15% increase in CGR from DST 1 which was performed at the top of the...