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Latest South Pars / North Dome Gas-Condensate field Stories

2012-05-22 02:23:33

TORONTO, May 22, 2012 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) provided today a strategic and operational update relating to the results of the recent testing of the Triceratops-2 appraisal well where the Company holds a net 10% non-operated participating interest in the well drilling on Petroleum Prospective License 237 ("PPL-237"), onshore Papua New Guinea. As announced earlier by the operator, InterOil Corporation (NYSE: IOC;...

2012-01-04 06:01:00

HOUSTON, Jan. 4, 2012 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today announced a new milestone for its Marcellus production with the achievement of 606 Mmcf per day (before royalty) for a 24 hour period and an average of 600 Mmcf per day for the final two days of 2011. This level represents a 154% increase over the 2010 Marcellus exit rate of 236 Mmcf per day. Contributing to the additional volumes is a recently commissioned upgrade to the Teel compressor station that...

2011-12-19 15:05:00

LAFAYETTE, La., Dec. 19, 2011 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) announced today that 11 wells in its Mary field in Wetzel County, West Virginia have all flow tested into the Caiman pipeline at rates ranging from 3 to 5 million cubic feet (MMcf) of gas per day. The wells also had an initial condensate production rate ranging from 70 barrels to in excess of 100 barrels of condensate per MMcf of gas produced, which Stone expects will significantly enhance the...

2011-11-23 09:30:00

HOUSTON, Nov. 23, 2011 /PRNewswire/ -- Shell Lubricants announced today the arrival of its first shipment of gas-to-liquid (GTL) base oil at the Port of Houston. The high-quality product, the first from the Qatar-based Pearl GTL plant to reach the Americas, will be stored at a hub in Houston and routed to Shell Lubricants' GTL-enabled blending facilities throughout the United States. Shell Lubricants will use Pearl GTL base oil, a high-quality Group III base oil, in the manufacture of its...

2011-11-22 05:42:00

THE HAGUE, Netherlands, November 22, 2011 /PRNewswire/ -- His Highness Sheikh Hamad bin Khalifa Al-Thani, The Emir of Qatar today officially inaugurated the Pearl Gas to Liquids (GTL) Project, the largest GTL plant in the world and the largest energy project in the state of Qatar. Visiting dignitaries including HRH Prince Andrew, The Duke of York, toured the facility and were briefed on the state-of-the-art technologies used to convert natural gas resources from Qatar's North...

2011-06-13 03:33:00

THE HAGUE, Netherlands, June 13, 2011 /PRNewswire/ -- Qatar Petroleum and Shell (NYSE: RDS.A) (NYSE: RDS.B) today announced that the Pearl gas-to-liquids (GTL) plant, located in Ras Laffan Industrial City in the State of Qatar, has sold its first commercial shipment of GTLGasoil. The sale marks the start of production of GTL products when the State of Qatar and Shell, the operator of the Pearl GTL plant, begin to receive revenue from the project. Over the coming months,...

2010-05-24 14:03:04

An estimated 223 trillion cubic feet (tcf) (mean estimate) of undiscovered, technically recoverable natural gas are in the Nile Delta Basin Province, located in the Eastern Mediterranean region. Undiscovered, technically recoverable resources are those that have yet to be discovered, but if found, could be produced using currently available technology and industry practices. This is the first U.S. Geological Survey assessment of this basin to identify potentially extractable resources. ...

2010-04-09 09:23:11

An estimated 122 trillion cubic feet (tcf) (mean estimate) of undiscovered, technically recoverable natural gas are in the Levant Basin Province, located in the Eastern Mediterranean region. Technically recoverable resources are those producible using currently available technology and industry practices. This is the first U.S. Geological Survey assessment of this basin to identify potentially extractable resources. "The Levant Basin Province is comparable to some of the other large provinces...

2009-11-23 06:34:00

DOHA, Qatar, November 23 /PRNewswire-FirstCall/ -- Royal Dutch Shell plc (Shell) (NYSE: RDS.A) (NYSE: RDS.B) reconfirmed good progress of the Pearl GTL and the Qatargas 4 projects for a group of its shareholders and investment analysts. Shell is partnering in both Pearl GTL and Qatargas 4 with Qatar Petroleum. Pearl GTL will use Shell's proprietary Gas-to-Liquids (GTL) technology to convert some 1.6 billion cubic feet (bcf/d) of gas per day into high quality, clean-burning oil...

2009-11-19 13:15:00

WASHINGTON, Nov. 19 /PRNewswire-USNewswire/ -- After three years of satisfying obligations under a deferred prosecution agreement, the charges against Statoil ASA for violating the anti-bribery and accounting provisions of the Foreign Corrupt Practices Act (FCPA) have been dismissed with prejudice, Assistant Attorney General Lanny A. Breuer of the Criminal Division and U.S. Attorney for the Southern District of New York Preet Bharara announced today. Statoil is an international oil company...