Equinor drills dry well near the Oseberg field
Wildcat well 30/6-31 S encountered poorly developed sandstones in the Intra Heather Formation with poor reservoir quality and no traces of petroleum.
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Wildcat well 30/6-31 S encountered poorly developed sandstones in the Intra Heather Formation with poor reservoir quality and no traces of petroleum.
Shell's 1Q20 net income fell 46% from a year earlier to US$2.9 billion.
CAN-complete will provide clients with a full service EPCI solution for the subsea well tophole and structural foundation.
US oil production of at least 300 000 bpd will be shut during May and June, according to a Rystad Energy analysis of early communication from US oil producers.
The company has reduced its annual net production target and CAPEX for 2020.
The announcement is a result of higher-than-expected demand for certain fuels.
OKEA has announced that its assets produced a total of 19 099 boe/d in 1Q20, compared to 19 498 boe/d in 1Q19.
Under the agreement, Sumitomo will have a 25% stake in the FPSO Anna Nery project, which was awarded to Yinson by Petrobras in October 2019.
The agreement has been signed with an unnamed European E&P company for licence P2478 in the Inner Moray Firth, UK.
The oil price has reversed morning losses and now enjoys limited gains.
Fenja is Neptune’s first operated development project on the Norwegian Shelf and is estimated to contain 97 million boe.
The current Covid-19 virus crisis has accelerated the need to reduce personnel on board (POB) on floating assets to a minimum.