Edition:
United Kingdom

Oil & Gas Exploration and Production

Page 1

Nostrum says will not be possible to bring gas into GTU3 in 2017​

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Nostrum Oil & Gas Plc ::NOSTRUM OIL & GAS PLC - ‍DUE TO DELAYED DELIVERY OF SOME VALVES REQUIRED FOR GTU3 WITH GTU1&2 IT WILL NOT BE POSSIBLE TO BRING GAS INTO GTU3 IN 2017​.NOSTRUM OIL & GAS PLC - ‍PREVIOUSLY PLANNED THREE WEEK SHUT DOWN OF GTU1&2 HAS THEREFORE BEEN POSTPONED UNTIL AFTER WINTER PERIOD​.NOSTRUM OIL & GAS PLC - ‍SHUT DOWN AND TIE- IN OF GTU1&2 IS NOW SCHEDULED TO BE COMPLETED IN APRIL 2018​.NOSTRUM OIL & GAS PLC - ‍POSTPONEMENT OF GTU3 COMMISSIONING DOES MEAN THAT PRODUCTION GUIDANCE FOR FIRST SIX MONTHS OF 2018 WILL BE IMPACTED​.NOSTRUM OIL & GAS-NOT BE ABLE TO RAISE PRODUCTION ABOVE CURRENT CAPACITY OF 45,000 BOEPD; TARGET TO RAMP UP PRODUCTION TO 100,000 BOEPD BY 2020 UNCHANGED​.NOSTRUM OIL & GAS PLC - ‍TOTAL COST OF PLANT IS NOT IMPACTED BY DELAY TO TIE-IN AND COMMISSIONING AND REMAINS AT US$532 MILLION​.NOSTRUM OIL & GAS PLC - ‍COMPANY REMAINS FULLY FUNDED TO COMPLETE GTU3 AND RAMP UP PRODUCTION​.

Sanchez Midstream says ‍co entered into certain purchase and sale agreement with Dallas Petroleum on Oct 12

Monday, 16 Oct 2017

Oct 16 (Reuters) - Sanchez Midstream Partners Lp :Sanchez Midstream Partners LP - ‍ On October 12, co entered into that certain purchase and sale agreement with dallas petroleum group - SEC filing​.Sanchez-Pursuant to deal, co to sell specified oil and gas wells, leases, other associated assets, interests for cash consideration of $6.25 million.Sanchez Midstream-on Oct 12, deal entered by co's unit, sendero petroleum dated June 30 relating to sale of specified assets in Texas was terminated.

Encana successfully starts Sunrise processing plant on Sept 27

Thursday, 5 Oct 2017

Oct 5 (Reuters) - Encana Corp : :Encana Corp - ‍Encana successfully started up Sunrise processing plant on September 27, under budget and more than one month ahead of original schedule​.Encana - ‍in parallel with sunrise and tower facilities ramping up, third plant, Saturn remains ahead of schedule & is on track to start up before year-end​.Encana Corp - ‍in addition, Towerbirch lateral pipeline which connects all three plants to NGTL system started up on October 1​.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary