NPD releases production figures for March 2021
Oil production in March was 0.7% lower than the Norwegian Petroleum Directorate’s forecast, and 0.2% lower than the forecast so far this year.
Oil production in March was 0.7% lower than the Norwegian Petroleum Directorate’s forecast, and 0.2% lower than the forecast so far this year.
York started production in 2013 and was planned to produce until 2020, but production has been extended until 2023/24.
Gas is being delivered to eastern Australia with the commissioning of the Gippsland Basin Joint Venture’s West Barracouta project.
The company has appointed commercial director Andrew Law as CEO, succeeding Enteq founder Martin Perry.
Welltec will deliver completion products and services across the Saudi Aramco portfolio in any environment.
The contract will see Ramco supply its latest generation pipe care unit, PCU4.
Drilling has begun at Neptune Energy's operated Adorf Z16 gas development well in the municipality of Hoogstede, north western Germany.
The agreement, which officially commenced on 1 April, appoints Welltec as the sole provider of downhole conveyance and powered mechanical services to Petronas in both East and West regions of Malaysia.
The extension, awarded eight months ahead of the renewal date, takes Petrofac’s contract for operations, maintenance, engineering and construction support for NEO Energy’s UK activities, through to December 2022.
Penspen has been chosen to provide the procurement and construction of flowlines and wellhead installations for 51 wells in ADNOC Onshore’s oilfields at Shah, Qusahwira and Mender in Abu Dhabi, UAE.
The Lake Albert development encompasses the Tilenga and Kingfisher upstream oil projects in Uganda and the construction of the East African Crude Oil Pipeline (EACOP) in Uganda and Tanzania.
A series of tests were successfully performed on a Weatherford test rig in Houston, US, to demonstrate and verify the integration and functionality of the managed pressure drilling and automated well control technology.
The sale consists of approximately 78 700 net acres located in the Little Knife and Murphy Creek acreage interests in the Bakken in North Dakota, US.
Enverus' summary of 1Q21 US upstream M&A activity shows US$3.4 billion in deal value was transacted during the quarter – an 88% decline from 4Q20.
Production start-up at the Mero 1 field has been delayed from 4Q21 to 1Q22.