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High exploration and production costs in China are undoubtedly driving the companies to take preventive measures by slashing planned investments and cutting operational expenditures.
This process significantly reduces the impact on the environment, when compared to historic methods.
The announcement comes a day after Petrolia, a partner in the programme along with Concedo and Idemitsu Petroleum, had said that drilling would start by 19 June.
The well is located to the west of the Snorre field in the Northern North Sea, in a block operated by Neptune Energy.
Wells 35/11-24 S and A will be drilled from the West Hercules drilling facility.
The backlog, which will likely increase in June, is equivalent to about two years of fraccing at the current pace, according to Rystad.
Strike Energy and Warrego Energy, the operators of the West Erregulla gas field in Western Australia, have entered a long-term contract with Ensign Energy Services for the provision of drilling services with the Ensign 970 drilling rig.
The Kharasaveyskoye field, in the Yamal peninsula, has estimated gas reserves of approximately 2 trillion m3.
The Balder Future project is aiming to extend the life of the area to 2045.
The suspension will last for up to 12 months.
Wells 34/4-15 S and 34/4-15 A in production licence 882 will be drilled from the Deepsea Yantai drilling facility.
The company will provide its continuous environmental compliance and drilling performance management services on both projects.