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INPEX Discovers Gas in Exploration Block WA-274-P Near Ichthys Gas-Condensate Field 08/26/2014 INPEX Discovers Gas in Exploration Block WA-274-P Near Ichthys Gas-Condensate Field
INPEX CORPORATION announced a gas discovery at the Lasseter-1/ST1 exploration well in block WA-274-P (the Block), where the company has been engaged in exploration through its wholly-owned subsidiary INPEX BROWSE E&P PTY LTD. The hydrocarbon pay at the well , where drilling began in March 2014, is assessed to be approximately 80 meters thick in total.

Production shutdown on Troll C 08/25/2014 Production shutdown on Troll C
Statoil shut down production on the Troll C platform in the North Sea on Sunday 17 August after an inspection programme on the platform detected corrosion damage to a pipe connected to the oil export system.

Gazprom Neft commences first sea transportation from the Novy Port field 08/22/2014 Gazprom Neft commences first sea transportation from the Novy Port field
Gazprom Neft has made a summer shipment of oil from the Novy Port oil field, with crude oil being delivered to European consumers by sea for the first time.

New Technologies of TatNIPIneft 08/21/2014 New Technologies of TatNIPIneft
TATNEFT Company is successfully implementing the technology developed by TatNIPIneft to reduce water influx in carbonate reservoirs through application of swellable elastomers.

Discovery of Gas and Condensate Offshore Southern Vietnam Blocks 05-1b and 05-1c 08/21/2014 Discovery of Gas and Condensate Offshore Southern Vietnam Blocks 05-1b and 05-1c
Idemitsu Oil & Gas Co., Ltd. (Operator, President: Kosuke Tsuji), JX Nippon Oil & Gas Exploration Corporation (President &CEO: Shunsaku Miyake) and Teikoku Oil (Con Son) Co., Ltd. (President: Kenji Kawano) are pleased to announce the discovery of gas and condensate at the fourth well in Blocks 05-1b and 05-1c offshore southern Vietnam.

Japans Inpex wins permit for LNG project in Indonesia 08/14/2014 Japans Inpex wins permit for LNG project in Indonesia
Japan’s oil and gas firm Inpex Corporation announced on August 11, 2014 that its affiliate Inpex Masela Ltd. has received an environmental permit from the Indonesian government for the Abadi liquefied natural gas (LNG) Project in the Masela Block, Arafura Sea, Indonesia.

US shale gas production continues to grow 08/13/2014 US shale gas production continues to grow
Natural gas production in the Marcellus Region exceeded 15 billion cubic feet (424.8 million cubic meters) per day through July 2014, the first time ever recorded, the U.S. Energy Information Administration (EIA) said August 5, 2014. Marcellus Region production has increased dramatically over the past four years, increasing from 2 billion cubic feet (56.6 million cubic meters) per day in 2010 to its current level.

Pakistani company finds gas in southern Pakistan 08/13/2014 Pakistani company finds gas in southern Pakistan
Pakistan-focused Oil and Gas Development Company Limited (OGDCL) discovered natural gas in district Hyderabad of Sindh province, the Pakistani Daily Times reported August 8, 2014. The development well was drilled to a depth of 3,460 meters, targeting the hydrocarbon potential of massive sands of the Lower Goru Formation. The zone was tested and flowed at 14 million cubic feet (396,000 cubic meters) of gas per day with 125 barrels per day of condensate on a 36/64-inch choke, the company said.


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