http://www.worldoil.com WorldOil Sterling Energy commences 3D seismic survey at Ambilobe Block off Madagascar https://www.worldoil.com/news/2015/4/27/sterling-energy-commences-3d-seismic-survey-at-ambilobe-block-off-madagascar Sterling Energy has commenced its planned 3D seismic survey of 1,250 sq km over a high-graded portion of the Ambilobe Block, offshore Madagascar. Texas proceeds against two shale disposal wells linked to seismic activity https://www.worldoil.com/news/2015/4/26/texas-proceeds-against-two-shale-disposal-wells-linked-to-seismic-activity The Texas Railroad Commission has initiated proceedings requiring the operators of two disposal wells in the area of Azle, Texas, to show cause why the injection permits for the wells should not be cancelled due to an alleged connection raised by new seismic research. Shell's pipeline transports first oil from Delta House platform in deepwater Gulf of Mexico https://www.worldoil.com/news/2015/4/25/shells-pipeline-transports-first-oil-from-delta-house-platform-in-deepwater-gulf-of-mexico Shell Pipeline Company's Odyssey Pipeline System has successfully transported the first crude oil produced from the LLOG-operated Delta House platform in the Mississippi Canyon protraction area of the Gulf of Mexico. Oil at $65 could free 500,000 bopd from shale ’fracklog’ https://www.worldoil.com/news/2015/4/24/oil-at-65-could-free-500-000-bopd-from-shale-fracklog Oil needs to recover to $65/bbl for U.S. drillers to tap a pent-up supply locked in shale wells and unleash more crude on markets than is produced by Libya. Gazprom signs cooperation agreement with Argentina's YPF https://www.worldoil.com/news/2015/4/24/gazprom-signs-cooperation-agreement-with-argentinas-ypf Alexey Miller, chairman of the Gazprom Management Committee, and Miguel Galuccio, CEO of Argentine national petroleum company YPF, signed a memorandum of cooperation on Thursday. Premier Oil suspends Falklands well on BOP problem https://www.worldoil.com/news/2015/4/24/premier-oil-suspends-falklands-well-on-bop-problem Premier Oil’s Isobel Deep exploration well offshore the Falkland Islands has been temporarily suspended, Falkland Oil and Gas Limited, a partner in the well, reports. Cnooc retains annual output target as sales slump on lower crude https://www.worldoil.com/news/2015/4/24/cnooc-retains-annual-output-target-as-sales-slump-on-lower-crude Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40% plunge in first-quarter sales. Increased brownfield focus for ADIL https://www.worldoil.com/news/2015/4/24/increased-brownfield-focus-for-adil Independent energy consultancy ADIL has refocused its specialist brownfield project management team to help operators drive improved efficiency in this challenging sector of the North Sea oil and gas industry. KrisEnergy spuds Gulf of Thailand exploration well https://www.worldoil.com/news/2015/4/24/krisenergy-spuds-gulf-of-thailand-exploration-well KrisEnergy has started drilling the Rayrai-1 exploration well in Block G10/48 in the Gulf of Thailand, with the Key Gibraltar jackup rig, where the company is currently developing Wassana oil field. Saudi Arabia’s solution to global oil glut: Pump even more crude https://www.worldoil.com/news/2015/4/24/saudi-arabia-s-solution-to-global-oil-glut-pump-even-more-crude Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels, and then pump even more. Schlumberger to acquire ownership in Spectrum's Pelotas program https://www.worldoil.com/news/2015/4/24/schlumberger-to-acquire-ownership-in-spectrums-pelotas-program Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program.