Browse the latest upstream drilling news news and articles.
Production levels at the Seven Assets in February have continued to strongly increase, with month to date average production being 25.7 kboepd gross and 20.7 kboepd net, largely driven by increased sales to the Calabar NIPP which are supported by a World Bank Partial Risk Guarantee.
Weatherford International plc has announced the successful execution of a shallow-angle casing exit in Sakhalin Island, Russia, using the AccuView real time remote support system. This marks the first deployment of the AccuView system in the Russian Federation.
The project will be executed on a fast track, with offshore operations commencing as soon as March/April of 2018. The scope of the project includes disconnection, laydown and wet storage of flexible risers, umbilical and mooring lines from the FPSO.
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/1-29 S, cf. Section 15 of the Resource Management Regulations.
Further to the announcement on 27 December 2017, the completion of flow testing at its 100% owned Broadford Bridge-1z exploration discovery is now expected during February 2018.
Comet Ridge Limited has provided an operational update on the progress of the Mira Pilot Scheme in the Mahalo Block in central Queensland.
Effective immediately, the contract is for two years with three one-year extension options, and includes the provision of rigging and scaffolding services on the facility, currently operating in the Pierce field.
Over US$54 billion will be spent on Brazil’s upstream oil & gas capital expenditure to 2020, says GlobalData.
The ONZ-7 well on the Sebou permit in Morocco has been completed and tested.
Three production wells are currently completed, and production is expected to ramp up through 2018.
Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following update relating to Sea Lion Phase 1, in the North Falkland Basin (RKH 40% working interest).
WorleyParsons will provide engineering, procurement, construction management and project management services to support QGC across the upstream and midstream facilities from the Surat Basin to Curtis Island.