Investing NOK 2.3 billion to recover more oil from Gullfaks
The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million bbls with good profitability.
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The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million bbls with good profitability.
The Board of Triangle Energy Limited has provided the following update on its Cliff Head oilfield operations, located in the Perth Basin approximately 270 km north of Perth in Western Australia.
BP signed a cooperation contract with Tenaris to provide high quality OCTG products and accessories with Rig Direct service, to support drilling activities in Indonesia’s Tangguh region.
The work programme at Norio, which consists of eight workovers and one sidetrack, is targeting a 25-fold increase in production to 250 bpd by H1 2019. Norio has gross oil reserves of 1.631 million bbls.
In November last year, UK-based Corallian Energy revealed its plan to commence a two-well work programme, starting with the drilling of the Wick well, followed by drilling of Colter scheduled for Q1 2019.
Prospex holds a 17% interest in Selva, which sits within the 331 km² Podere Gallina Exploration Permit (the ‘Podere Gallina’) in the Po Valley region of Italy.
The SRM-3 well at South Ramadan (SDX 12.75% working interest and non-operator), reached a target depth of 15 635 ft.
The company has announced that the Company and Rockies Standard Oil Company, its joint venture partner has successfully participated in the December 2018 Bureau of Land Management Utah lease sale.
The companies have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 47 with the Government of the Sultanate of Oman.
Europa Oil & Gas (Holdings) plc has provided its investors with the following update on its portfolio of multistage licences offshore Ireland and onshore UK.
Centurion Law Group considers whether the Nigerian experience with marginal oilfield development had measurable success can be applied elsewhere.
Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.