TGS begins survey offshore north-west Africa
The survey is taking place in the MSGBC Basin, with fast-track data available four months after acquisition.
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The survey is taking place in the MSGBC Basin, with fast-track data available four months after acquisition.
Europa will be assigned a 75% interest in, and operatorship of the licence, located in the Agadir Basin.
Wood Mackenzie research director, Angus Rodger, said that he expects strong interest in the assets from Australian companies.
The work scope, valued at a seven figure sum, includes the inspection of infrastructure on five manned platforms and multiple unmanned satellite platforms.
Recoverable Utgard resources are estimated at around 40 million boe and daily production on plateau will be around 43 000 boe.
The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS) in Equinor’s Askeladd and Johan Castberg fields.
The survey is in the the Salina del Istmo Basin in the Bay of Campeche and includes the recent Zama-1 discovery.
Recoverable resources in the Ørn exploration well are estimated at 8 – 14 million m3 of oil equivalent, corresponding to 50 – 88 million boe.
The agreement with Koru Energy is for a potential acquisition of up to a 50% relevant interest in the Knox and Lowry, and Whitbeck gas discoveries in the East Irish Sea.
Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which the company will commence drilling the Etame 9H development well targeting the Gamba reservoir.
Evaluation of logging and sampling data has confirmed that Joe-1 has encountered 14 m of net oil pay in high-quality oil bearing sandstone reservoirs.
The MoU between STATS, Sakhalin Energy and OOO INTRA Services Company was signed during the Eastern Economic Forum in Vladivostok, which was attended by Russian Federation President, Vladimir Putin.