CNOOC extends UKCS jack-up rig contract with Maersk Drilling
The Mærsk Innovator is now firmly contracted to continue drilling infill wells at the Buzzard field on the UK Continental Shelf until February 2020.
Drilling & production
Callon Petroleum closes southern Midland Basin divestiture
The non-core assets have been divested to Sequitur Permian for net cash proceeds of US$245 million.
TPG Sixth Street Partners and Glendale Energy Ventures form partnership to fund acquisitions of non-operated oil and gas properties
The new partnership will use its flexible capital mandate to directly invest in the development and acquisition of upstream oil and gas assets across the US.
Advertisement
Qualifying real time bit wear through innovative monitoring of alkenes - part two
In the second part of this article, Matt Regan, GEOLOG International, UAE, explains the importance of alkene detection as a tool for diagnosing the occurrence, character and severity of bit wear in real time.
Qualifying real time bit wear through innovative monitoring of alkenes - part one
Matt Regan, GEOLOG International, UAE, explores how the innovative monitoring of alkenes can be used to qualify real time bit wear.
Tommeliten Alpha Project passes important decision gate towards production in 2024
PGNiG Upstream Norway and its partners decided to move to the select phase of the project, during which key technical decisions regarding the field development will be made.
Israel will emerge as gas exporter in Eastern Mediterranean region by mid-2020s, says GlobalData
Currently, Israel’s remaining recoverable gas reserves are estimated to be around 26.2 trillion ft3.
Amerisur Resources receives approval for Occidental farm-out agreement
The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia.
Horse Hill-1 test reaches oil production landmark
The oilfield in Surrey, UK, had produced 50 000 bbl of light, sweet, dry oil as at close of business on 7 June.
More Drilling & production news
Ministry of Energy and Mines of the Dominican Republic and Wood Mackenzie have announced first licensing round
The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round is to open at an event in Houston on 10 July 2019.
Hurricane Energy achieves first oil at Lancaster field
The combined flow from both wells during a 72-hour production test earlier this week reached and maintained the planned production rate of 20 000 bpd.
Lukoil acquires interest in license in the Republic of Congo
The Marine XII license covering 571 km2 is located on the continental shelf of the Republic of Congo 20 km from the shore with the sea depth of 20 - 90 m.
Rystad Energy: US oil output poised to set yet another record in 2019
Rystad Energy is raising its forecast for US crude output to 13.4 million bpd by December 2019.
ExxonMobil and partners to invest in Angola Block 15
As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10% equity interest.
IHS Markit makes 10-year forecast for Canadian oilsands production
IHS Markit expects average y/y supply additions to be below 100 000 bpd in the coming decade.