
Foothills Exploration expects to close on Montana acquisition in 3Q19
The company is aiming to complete the acquisition of 7000 acres and 87 oil and gas wells in the US state by 22 August.
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The company is aiming to complete the acquisition of 7000 acres and 87 oil and gas wells in the US state by 22 August.

The combined company, which will operate under the name Chisholm Oil and Gas and be headquartered in Tulsa, Oklahoma, US, will have net production of approximately 20 000 boe/d.

The combined gross resources of Jorvik and Tellus East are estimated to be between 4 and 37 million boe.

The discovery was made in exploration well Snadd Outer Outer/Black Vulture in production licence 159B in the Norwegian Sea.

A net 65 m hydrocarbon saturated interval has been encountered from within the Kirkham Abbey formation indicating a substantial hydrocarbon accumulation, including a significant liquids component.

Shell plan to use Trendsetter’s 15 000 psi 2 in. connectors to deliver gas lift service in the Princess Field located in the Gulf of Mexico.

Earlier this year, the Ministry of Mines and Hydrocarbons of Equatorial Guinea launched the 2019 oil and gas licensing round in the country.

The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia.

CGG geoscientists have been sifting through the evidence to re-evaluate opportunities offshore East Africa and in the West Indian Ocean.

The Dorado-2 appraisal well is in Commonwealth waters approximately 160 km north of Port Hedland, Australia, and 2 km away from the Dorado-1 discovery, made in July last year.

The licences are situated in the Moray Firth and East Shetland Platform.

TopSeis, a marine source-over-spread acquisition and imaging solution, is the outcome of five years of close technical collaboration between CGG and Lundin Norway AS.