New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 29, 2014
05:12 EDTSSNSamson Oil & Gas provides operational advisory
The infill development plan for North Stockyard is to drill 8 middle Bakken wells and 8 Three Forks wells.Production is down on the Sail and Anchor well because it has been shut-in to allow a workover rig to clean out the well and install an electric submersible pump for artificial lift. Production has also been shut down on the Blackdog 3-13-14 well as of April 27th, which shares the Tofte 1 Pad, to permit this workover operation to proceed. Production is also down on the Tooheys 4-15-14HBK and Little Creature 3-15-14H wells due to production facility issues. Production is likely to be down for a week until these operational problems are fixed. The Bootleg 4-14-15TFH well has been drilled to surface casing depth of 2,418 feet. Casing will be run in the hole and then the rig will be skidded to commence drilling on the Bootleg 5-14-15TFH well. Hydraulic fracture stimulation operations are planned to start on both Matilda Bay wells on May 9.
News For SSN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 14, 2015
05:07 EDTSSNSamson Oil & Gas reports March production 31,408 BOE
Subscribe for More Information
April 9, 2015
10:02 EDTSSNStatoil makes oil discovery in Gulf of Mexico
Statoil (STO) announced that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico. The Yeti discovery expands the proven sub-salt Miocene play further South and West of Big Foot," said Jez Averty, Statoil's senior vice president, exploration for North America. "We are analyzing data to determine the size of the discovery in order to consider future appraisal options." The Yeti discovery was made in Walker Ridge block 160, which is located approximately 15 km (9 miles) south of the Big Foot field, and 11 km from the Cascade field. All of the blocks making up Yeti were accessed by the current owners in recent years. Yeti was drilled with the Maersk Developer drilling rig, a sixth generation semi-submersible. Statoil reports that its drilling efficiency with Yeti was among the best of any well drilled in Walker Ridge, achieving a drilling performance level of approximately 120 meters per day. The rig has moved on and is currently drilling Statoil's Thorvald prospect in the Mississippi Canyon block 814. Statoil is the operator of Yeti, and its partners are Anadarko (APC) and Samson (SSN).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use