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The latest upstream news

SIMMONS EDECO wins North Sea contract

SIMMONS EDECO, a leading supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has been awarded a multi-million pound contract by a major North Sea oil and gas operator.



 
 

 
 
 

Oil production commences at Tecolutla

International Frontier Resources Corporation (IFR) joint venture Tonalli Energia (Tonalli), in partnership with Mexican petrochemical leader Grupo IDESA, has announced production test results of its workover of the previously drilled TEC-2 well.

 

Echo Energy announces gas discovery at ELM-1004 in Fraccion C

Echo Energy plc, the Latin American focused upstream oil and gas company, has announced the completion of drilling of the ELM-1004 exploration well at the Company's Fracción C asset, onshore Argentina and a gas discovery for the first well in its four well exploration campaign.

 

SDX Energy announce results of flow test at Ibn Yunus-1X discovery

SDX Energy Inc., the North Africa focused oil and gas company, has announced the positive results of the well test conducted on the Ibn Yunus 1X well following the recent conventional natural gas discovery at South Disouq, Egypt (SDX 55% working interest and operator).

 
 
 
 
 
 
 

CGG announces its 2018 first quarter results

"Our first quarter results are in line with expectations, with solid revenue growth and an improvement in our EBITDAs margin compared to the first quarter of 2017" – Sophie Zurquiyah, CGG CEO.

 

Wood awarded contract extension

Wood has extended its framework agreement with Chevron Australia to provide master contractor services to the Gorgon Stage Two development located offshore Western Australia.

 
 
 

 

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Comet Ridge drills Albany 1 appraisal well in the Galilee Basin

Comet Ridge Limited has announced that Easternwell’s Rig 101 spudded the Albany 1 sandstone appraisal well at 1430 hrs on Saturday 19 May 2018. At 0600 hrs on the morning of Monday 21 May 2018, the rig was drilling ahead at 711 m in 12 1/4 in. surface hole and was approaching surface casing point.

The total depth (TD) of the well is estimated to be approximately 2775 m with drilling operations expected to take approximately 25 days. The Albany 1 surface location is 220 m to the southwest of the Carmichael 1 well which was drilled in 1995 and flowed gas at low rates from three intervals.

The drilling of Albany 1 will be the first Phase in the farm-out work programme. Under this program, Vintage Energy Ltd is farming into the sandstone section of the block (the Deeps) by funding the first US$3.35 million of drilling cost for this first well to earn a 15% interest in the Deeps. Vintage can also fund half of the second phase programme which contains further drilling and seismic acquisition in order to acquire a further 15% interest.

The upper sections of the well will be drilled with a standard drilling mud to lubricate the drilling bit and lift rock cuttings out of the well. The lowest (reservoir) section of the well will be drilled with nitrogen. This “underbalance” will allow the gas reservoir section to flow at its full potential without risk of damage from drilling mud.

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