
Operators save rig time and improve safety using Churchill’s drift tool
Churchill’s Drift Catcher™, run by operators across the globe to secure positive drift confirmations, celebrated its 2000 th run.
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Churchill’s Drift Catcher™, run by operators across the globe to secure positive drift confirmations, celebrated its 2000 th run.

Following a drastic drop in the Waha Hub natural gas price earlier this week, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, offers his view on the impact on the upstream sector.

The company announced that it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion boe.

The Petroleum Safety Authority has granted the company consent to drill on the Bøyla field.

The company has announced the spudding of a new deep well A8 within the Airshagyl field of the BNG contract area. It has reached a depth of 350 m without incident.

The Petroleum Safety Authority have given the company consent to use Songa Endurance for drilling, completion and slot recovery of well 31/2 D-7 BY1H/BY2H/BY3H on the Troll field in the North Sea.

Agreements demonstrate Iraq in-country value commitment.

The well is situated inside the Taribani field area located in onshore Block 12 in Georgia.

The company has provided an update on its current drilling programme at the Puesto Flores/Estancia Vieja Concession.

Project Capex expected to increase gradually, peaking at US$60 billion in 2022.

The rig is now contracted to Equinor until the end of February 2020.

Faroe Petroleum Norge AS, operator of production licence 825, is in the process of concluding the drilling of wildcat well 30/6-30.