As companies including OAO Gazprom, OAO Novatek and OAO Rosneft get new Siberian gas fields up and running, they’re also boosting output of ultralight condensate, Bloomberg said. 

Test results confirmed two 24 m-thick light oil intervals in good-porosity reservoirs. Well 3-BRSA-1296-SES is third extension well in Moita Bonita area, discovered August 2012.

Number of oil and natural gas wells forecast to be drilled this year will plunge to 5,320 from 10,830 in 2014, according to Petroleum Services Association of Canada, Bloomberg said. 

BP Plc plans to drill Great Australian Bight, home to several endangered species, in about a year, Bloomberg said. Environmentalists say full emergency spill response plans aren’t yet disclosed. 

Saturn Minerals Inc. received permit, license to drill first Bannock Creek conventional light oil well. Well’s location was found during 2-D seismic program in Red River, Winnipeg and Deadwood formations.

The BOP has been brought to surface for inspection and repairs, which are expected to take from 10 and 14 days.

BP Plc expects to drill in the Great Australian Bight offshore southern Australia later than expected, Bloomberg said. Delivery of  Diamond Offshore Drilling/Hyundai Heavy Industries rig could be delayed.

Det norske oljeselskap AS drilled appraisal wells 16/1-21 S and 16/1-21 A on the Ivar Aasen Field in the Norwegian North Sea. Both were terminated in the Upper Triassic Skagerrak. 

The quarter ended March 31. RMP Energy used slickwater fracks recently, on five horizontal wells at the Waskahigan and Grizzly areas in the Montney Formation.

U.S. Interior Secretary Sally Jewell said Arctic drilling mishaps taught Shell better management of companies handling its critical offshore aspects, Bloomberg said. Interior Department recently confirmed Shell’s Alaska exploration lease.

Average gross production in Turkmenistan’s Cheleken contract area was about 88,700 bbl/d in the first quarter. This was a 23% increase over the corresponding 2014 level.

In January Eni signed a new concession agreement to operate in the Melehia Southwest Block, where exploration and other activities will begin later this year.