Pipelines Oil

Company news: ExxonMobil, Comet Ridge and more

PPO News provides you with a wrap of this week’s company news and movements in the Australian oil and gas industry.

Triangle Energy has activated a comprehensive forward works program to upgrade reserves at its Cliff Head oil field in WA-286-P in the offshore Perth Basin, Western Australia.

The Pukatea-1 exploration well located in PEP 51135 in New Zealand’s Taranaki Basin, has encountered an oil play in the secondary Mt. Messenger target.

Heavy rain in Western Australia’s Kimberley region has closed the Ungani access road and the Great Northern Highway, effectively isolating Buru Energy’s Ungani oil field.

Beach commences Stunsail development

Beach Energy has commenced its full field oil development campaign at the Stunsail Field in ex PEL 91 in the Cooper and Eromanga Basins.

Valmec completes APTS acquisition

Valmec Limited has completed the acquisition of the business and assets of specialist pipeline testing company APTS Pty Ltd.

The oil and gas industry has welcomed the South Australian Government’s commitment of funding towards the sealing of the Strzelecki Track in the State’s far north.

Buru Energy’s Ungani-4 completion program is currently underway in Western Australia’s Canning Basin, after an oil column was hit at Ungani-4.

Global oil prices have topped US$70 a barrel for the first time in three years as rising demand eats away at a surplus of the commodity.

Enter your details to receive a free trial to Pipeline, Plant & Offshore

Thank you for signing up for the Pipeline, Plant & Offshore trial.