Ironbark-1 drilling regulatory approvals completed
Mobilisation of the Ocean Apex drilling rig for the Ironbark-1 well, located offshore Western Australia, is expected to commence mid-October, with drilling expected to begin by the end of October.
Browse the latest upstream news news and articles.
Mobilisation of the Ocean Apex drilling rig for the Ironbark-1 well, located offshore Western Australia, is expected to commence mid-October, with drilling expected to begin by the end of October.
Seagull is a high pressure, high temperature (HPHT) development located in the Central North Sea.
Oil prices rose a little on Tuesday as the market adjusted the scale of Monday’s decline, but downside risks remain.
The project is expected to reach its peak production of approximately 72 800 bpd in 2022.
The West Erregulla 3 well is located in the Perth Basin, onshore West Australia.
Oil prices are falling today in response to a combination of supply-demand bearish news.
The survey is anticipated to start in December 2020 with a project duration of approximately 80 days.
The 3D seismic survey covers surface area of 6200 km2 in Suriname’s Block 52 and will be carried out by the Geo Caribbean vessel.
Sapura Energy has been awarded contracts with Eni, Petrobras and Foxtrot International.
The well was drilled about 75 km north of the Gjøa field in the North Sea and 60 km northwest of Florø.
Maersk Drilling estimates that about half the target can be achieved via further efficiency gains and known technical solutions and concepts, while the other half will be facilitated by investments in innovation in this space.
Oil prices declined today as the market is correcting the exaggerated price levels reached in yesterday’s session. Meanwhile, Covid-19 demand concerns and US supply return.