Cairn completes sale of stakes in Catcher and Kraken fields
The firm consideration payable to Cairn by Waldorf Production Ltd. is US$455 million.
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The firm consideration payable to Cairn by Waldorf Production Ltd. is US$455 million.
A total of 839.5 km of high-resolution 2D seismic data was acquired during the survey at the Cabora Bassa project in Zimbabwe.
With the start-up of phase 2, the entire Ærfugl field is now in production.
The workovers have added a total of approximately 1050 gross bpd (540 net bpd to VAALCO).
The Tyra field, operated by TotalEnergies, processes more than 90% of Denmark's natural gas production.
William Standifird has been appointed CEO of Intelligent Wellhead Systems.
Fixed wing and rotary drones equipped with methane-sensing equipment were deployed for the study on the Neptune-operated Cygnus gas production facility in the UK Southern North Sea, which assessed advanced methods for identifying and quantifying facility-level offshore methane emissions, and actions to reduce them.
The Sapote-1 well offshore Guyana encountered non-commercial hydrocarbons in one of the deeper exploration targets, following drilling by the Stena DrillMAX drillship.
Bureau Veritas will deploy its digitalised delivery model BV Compliance for Ithaca Energy to deliver verification (including remote) certification and classification services, and environmental verification and audit services across the assets.
Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in in exploration well 6407 / 1-9 - Egyptian Vulture, corresponding to 19-62 million barrels.
The acquisition from OMV Norge takes Lundin Energy’s working interest to 35% in the 500 million barrel oil development.
The project will encompass approximately 6800 km2, with final products expected in 4Q22.