Total of Paris has had to halve production at its 220,000-barrel-per-day Dalia field offshore Angola, after a turbo generator failed, it was understood Thursday. 
Ireland-based Caspian explorer Dragon Oil has increased its first-half 2007 production by 52 percent to 28,300 barrels of oil per day, with an eighth new well planned for month’s end. 
Venture Production expects 2007 to end with the company producing 60,000 barrels of oil equivalent per day after a year in which downtime sent volumes lower by three percent for a damaged tanker, foul weather and gas “blow down”. 
Southern Pacific Resource Corp. has received the results of the updated resource report from Degolyer MacNaughton Canada Ltd. (“D&M”) in regard to their South Leismer area. The Leismer South area consists of 25 contiguous sections of 80% owned lands in Townships 75–76-10W4. The Corporation’s bitumen resource base increase reflects the completion of the seismic and successful drilling at South Leismer, which was completed in the spring of 2007. 
Independent Russia producer Imperial Energy has rejected reports in the Russian English-language press in which Russia’s Ministery of Natural Resources reportedly disputes the oil company’s reserves claims. 
Independent U.K. Central Asia explorer Burren Energy is producing nearly 4,000 more barrels of oil per day than in 2006, as water injection boosts reservoirs from Turmenistan to the Congo and forcing the “purchase” of an oil rig.
Kimu field seismic survey underway Jul 13, 2007
Cue announces that line preparation for seismic acquisition over the Kimu gas field in PRL-08, Papua New Guinea has commenced. 
Black Dragon Resource Companies, Inc. management today announced that 63 more wells were made operational in June, bringing the Company's total to 513 wells. 
Talisman Energy Norge AS (Talisman) has been granted consent for use of Blane. 
Northern provides the following update on the activities associated with the re-entry drilling of the Ottoland discovery well: |
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Wellstream International Ltd and its Seastream JV announce the receipt of contracts from BHP Billiton for the Pyrenees development, offshore Western Australia. This development covers three separate fields; Crosby, Ravensworth and Stickle all to be tied back to an FPSO in water depths of 250m. 
Investments offshore the United Kingdom are seen falling off £1 billion or £1.5 billion to as low as £10 billion in 2007 after the 20 percent hike in spending recorded for 2006, Oil & Gas UK reported Tuesday. 
Brazil's Petrobras workers appear to have agreed a five-day strike just as the government announced a report suggesting worldwide oil companies will help investments in the oil province reach $133 billion by 2016, it was learned Tuesday. 
Sibir today announces that the crude oil production rate at its Salym fields now exceeds 80,000 barrels per day (bopd), a new record for the company. The Salym fields are located in western Siberia and are operated by Salym Petroleum Development NV (SPD, Sibir’s 50:50 joint venture with Shell). 
Transmeridian Exploration Incorporated will commission the permanent central production facility, including the associated de-mercaptan unit, for its South Alibek field in western Kazakhstan and temporarily curtail production from the field for an estimated two weeks. 
Total has turned on the taps for Sonangol and partners at the two-year-long Rosa development, where the production of oil has begun 135 kilometres offshore the rebuilding African contry. 
Contact Exploration Inc. has received final regulatory approvals required from the New Brunswick Department of Environment to begin production from its second horizontal Stoney Creek well (I-88-2328) and its first reworked vertical well (N-78-2328). 
JKX Oil & Gas plc has completed and tested Well I127 as part of its ongoing drilling programme at Poltava, Ukraine. The well is currently tied back to the Company’s production facility via an existing flowline. 
Victoria Petroleum N.L. advises that testing of the West Florence-1 well is planned for the third week of July 2007 to evaluate the oil and gas shows observed while drilling the primary target, the Muddy J sand and two zones in the underlying Main Dakota Formation. 
Revus Energy has agreed to buy from Statoil a stake in the Murchison field and the Delta discovery via new stakeholdings, it was understood Monday. |
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