Browse the latest drilling & production news and articles.
Once the expansion of the facilities is completed, this oil field will increase its production from 250 000 bpd of Arab light crude oil to more than 500 000 bpd, in addition to 40 000 bpd of condensed hydrocarbons.
The Railroad Commission of Texas issued a total of 820 original drilling permits in August 2023. The total includes 710 to drill new oil or gas wells, 8 to re-enter plugged wellbores and 92 for re-completions of existing wellbores.
The company has completed the drilling of four horizontal wells of the ten well multi-pad infill drill programme.
The company has announced new contracts and contract extensions after issuing its recent fleet status report.
DNO ASA has announced that Christopher Spencer has been appointed Managing Director of the company as Bjørn Dale steps down as part of a planned management transition initiated last year.
White Fleet acquired the out-of-service rig in 2022 and subsequently moved the rig to Gulf Copper's shipyard in Galveston, Texas, last July.
In line with the announcement on 31 August 2023, production at Montara restarted on 01 September 2023.
The project will include carbon capture units at the Habshan gas processing plant, pipeline infrastructure, and a network of wells for CO2 injection.
The players aim to bring a new level of intelligence and performance to drilling rigs.
Eni has announced the signing of an agreement with Oando PLC for the sale of Nigerian Agip Oil Company Ltd, the wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria, as well as power generation.
The contract values are calculated at around US$369 million for both firm periods.
The company has signed four memorandums of understanding (MOUs) with China Energy, SINOPEC, CNOOC and Citic Construction, China's main oil and energy groups.