Tight Oil News

Daqing Field Changyuan South Tight Oil Vertical Well Fracturing Production Achieved
China >> 7/27/2024 - Good news came from the Daqing Oilfield Production Technology Research Institute. The Pu 4031 well, which is responsible for the fracturing scheme design and on-site construction technical guidance, p...
INPEX to Divest from Tight Oil Development and Production in Texas, USA
United States >> 2/1/2023 - INPEX CORPORATION (INPEX) announced it has sold its subsidiary INPEX Eagle Ford, LLC to Repsol Oil & Gas USA, LLC, a subsidiary of Repsol, thereby divesting from all its tight oil development and pr...
JAPEX Announced Expansion of Investment to Tight Oil Development Business in the US
United States >> 5/13/2022 - Japan Petroleum Exploration Co., Ltd. (JAPEX) announced that JAPEX (U.S.) Corp. (JUS), its overseas consolidated subsidiary that holds tight oil interests in the United States, will invest approximate...
Bahrain's largest Oil Find Estimated at 80 Billion Barrels
Bahrain >> 4/4/2018 - A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the kingdom’s biggest ever find, its oil minister said. ...
Bahrain Makes Biggest Oil Discovery Since 1932
Bahrain >> 4/1/2018 - Bahrain said it had discovered the country’s largest oilfield in decades, located off the west coast of the kingdom, according to state news agency BNA. ...
Statoil & Rosneft Move Forward with Samara Region Tight Oil Cooperation
Russia >> 3/9/2017 - The document was signed by Rosneft president Igor Sechin and Statoil CEO Helge Lund. This is another significant step forward following the heads of agreement for tight oil cooperation signed in June ...
Lilis Energy to Acquire Shoreline Energy
United States >> 2/6/2014 - Lilis Energy, Inc. has entered into a letter of intent (LOI) to acquire all of the issued and outstanding common shares of Calgary-based Shoreline Energy Corp. (Toronto Stock Exchange: SEQ). The Board...
Rosneft & ExxonMobil Complete JV Formation to Develop Tight Oil
Rosneft & ExxonMobil Complete JV Formation to Develop Tight Oil Russia >> 12/17/2013 - Rosneft and ExxonMobil signed documents establishing a joint venture to implement a pilot project for tight oil reserves development in Western Siberia as part of the implementation of the agreement o...
JAPEX Reports on its Tight Oil Initiative in Akita Prefecture
Japan >> 7/25/2013 - Japan Petroleum Exploration Co., Ltd. (hereafter, “JAPEX”) has, since March last year, been undertaking research and development project, including demonstration experiment, at its oil fields in Akita...
Sun & Petro-Huntto Jointly Explore and Develop Woodbine
United States >> 6/12/2013 - Sun Resources NL (Sun Resources, Sun or the Company) has executed a binding agreement with Petro-Hunt LLC to jointly explore and develop an Area of Mutual Interest (AMI) consisting of approximately 7,...
Cenovus Sells Shaunavon Tight Oil Asset
Canada >> 6/11/2013 - Cenovus Energy Inc. has entered into an agreement to sell its Shaunavon tight oil asset in southern Saskatchewan to Surge Energy Inc. for $240 million cash consideration. The transaction has an effect...
Mountainview IP Production Test on Its Olson Well
United States >> 4/17/2013 - Mountainview Energy Ltd. is pleased to provide an operational update on Mountainview’s 12 Gage Project in the Williston basin:

- The Company has repaired the artificial lift system on the W...
Russia Tax Breaks for Shale & Offshore Oil
Russia >> 3/18/2013 - Russian tax breaks for shale and offshore oil, to unlock millions of barrels, will come in to force on Jan. 1 2014, a Finance Ministry official said on Monday. ...
Big Sky Acquires Additional 1,100 Acres in Wolfcamp
United States >> 3/12/2013 - Big Sky Petroleum Corp has acquired a 90 percent working interest in 1,100 acres contiguous to its Midland Basin Wolfcamp Prospect. This lease acquisition is in addition to the previously announced 2,...
Gazprom Neft Begins Second Tight Oil Project
Gazprom Neft Begins Second Tight Oil Project Russia >> 1/11/2013 - Gazprom Neft has begun drilling the first appraisal well to research and assess potential production at the Bazheno-Abalaksky horizon of the Palyanovskaya zone at the Krasnoleninsky deposit (developed...
Rosneft & ExxonMobil Sign Tight Oil Agreement
Rosneft & ExxonMobil Sign Tight Oil Agreement Russia >> 12/7/2012 - Rosneft and ExxonMobil signed a Pilot Development Agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations...
CLR Completes Initial Test Well in Three Forks Reservoir
United States >> 12/3/2012 - Continental Resources, Inc. (CLR) announced it successfully completed the Charlotte 3-22H (91% WI), the first horizontal well to test the third bench (TF3) of the Three Forks zone in the Bakken field ...
Breitling Spuds Breitling-Diego #1 Well
United States >> 10/29/2012 - Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced today that it has spud the Breitling-Diego #1 in Duval County, Texas as it contin...
Snake River Project Update
United States >> 10/22/2012 - AusTex Oil Limited (ATXDY) is pleased to update shareholders on its continued well development program at the company’s 100% owned 5,500 acre Snake River Project in Kay County, Oklahoma. ...
American Petro-Hunter Completes NOS2-22 Well Program
United States >> 10/15/2012 - American Petro-Hunter, Inc. (AAPH) (American Petro-Hunter) is pleased to announce that the NOS2-22 oil well in Payne County, Oklahoma successfully encountered oil filled pay in the primary Skinner San...

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