Production
ConocoPhillips successfully achieved first gas delivery from the newly constructed Suban Phase 2 gas processing plant on December 23, 2006. In the first of a series of planned development wells in support of the Suban Phase 2 Project, the Suban-10 development well was drilled, completed and currently producing at a constrained rate of 150 million standard cubic feet per day (MMSCFD). 
Sunshine Gas Limited said that the Lacerta 7 well has been successfully brought on production as the first of 4 initial pilot production wells on the Lacerta Field to undergo testing. 
Shell’s largest onshore joint-venture project, the Changbei gas field, has come onstream on its way to dispensing 3 billion cubic metres per year from its sprawl in Inner Mongolia. 
Dana Petroleum will up flows to 40,000 barrels of oil equivalent per day in 2007, bolstering average daily flows from a record 22,300 boe with a pipeline to replace wave-beaten tankers in the North Sea’s Greater Kittiwake area.
Rocksource's production increase from US operations Feb 27, 2007
Rocksource ASA Group has through its US subsidiaries recently completed the Morian 4 well and started to deliver gas to sales. The current flow rate is ca. 1.5 million cubic feet/day, equivalent to ca. 250 barrels of oil equivalent (boe) per day, through an 8/64" choke. 
The Directors of Arrow Energy NL announces the signing of a Letter of Intent (“LOI”) with EIG Energy Infrastructure Group AB (“EIG”) of Sweden for a farm-in to a portfolio of predominantly exploration coal seam gas assets in the Eastern coastal region of Queensland. 
The North West Shelf Venture participant companies and Kyushu Electric Power Company, Incorporated of Japan have signed a heads of agreement for the ongoing supply of liquefied natural gas from Australia’s largest resources project. 
The National Gas Company of Trinidad and Tobago Limited (NGC) has concluded negotiations with three upstream producers - BHP Billiton consortium, EOG Resources and BG/Chevron - for the supply of 550 MMscf/d of natural gas commencing in the 2009/2010 timeframe. This incremental gas supply will grow NGC’s portfolio of gas supplies to exceed 2.1 Bcf by 2010. 
NGAS Resources, Inc’s year-end 2006 proved reserves increased 34.4% to a record 100.9 billion cubic feet equivalents (“Bcfe”). Proved reserves were 97% natural gas, with 41% attributable to proved developed reserves. In accordance with SEC guidelines, reserve estimates do not include any probable or possible reserves from the Company’s non-proved properties, which represent approximately 63% of its acreage. 
French oil major Total on Tuesday posted net profit of €12.58 billion, a smallish gain in part on divestments which culminated in fourth-quarter 2006 proceeds of over a billion euro. 
U.S. President George W. Bush told Amercians in a radio address at the weekend that his proposed new budget includes $2.7 billion for renewable energy research, a 53 percent hike over 2006. 
Indian petroleum minister Mr Murli Deora, has informed the Parliamentary Consultative Committee (PCC) attached to his ministry that with exploration and development efforts made under NELP, natural gas production in the country is likely to be doubled from the present level of about 95 million cubic metre per day to over 190 million cubic metre per day by March 2009. 
The Board of Arrow Energy N.L. (“Arrow”) announces that first gas was sold yesterday from the Tipton West Field to the Braemer Power Project (“BPP”).Under the terms of the Gas Sales Agreement, first gas deliveries were required by 31 March 2007.
GP Energy reports second gas discovery in South Dakota Feb 6, 2007
Gold Point Energy Corp. ("GP Energy") announces a second gas field discovery in the South Cedar Creek project with the successful drilling of the Spyglass State #4-35 well. 
Calgary-based North Sea player, Oilexco, announced Monday that severe weather has delayed the commissioning of the separate Brenda-Nicol and Balmoral projects in the central North Sea. |
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