Schlumberger releases 1Q19 results
The oilfield services provider recorded revenue of US$7.9 billion in 1Q19, a decrease of 4% sequentially but a 1% increase y/y.
Drilling & production
Eni signs agreement for Block A Offshore Ras Al Khaimah Emirate
The company has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agreement.
COOEC-Fluor completes module fabrication for Dongfang gas fields development project
The joint venture COOEC-Fluor Heavy Industries Co., Ltd. (COOEC-Fluor) fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfang 13-2 gas fields development project.
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DNV GL in UK extends contract for Dana Petroleum
DNV GL has secured a 3 year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).
Black Sea Oil & Gas receives approval for Ana and Doina gas fields development
The company received the approval from the Romanian Government through the National Agency for Mineral Resources.
Energean announce significant new gas discovery at Karish North
The well reached an intermediate TD of 4880 m approximately 7 days ahead of schedule.
Caspian Sunrise updates shareholders with developments at its BNG Contract Area.
Production from shallow wells for March 2019, was in aggregate 44 566 or 1658 bpd (February 2019 42 913 bbls or 1533 bpd), with oil sold at an average price of US$18/bbl (February US$20.50/bbl).
GlobalData: Eastern Europe failing to boost domestic gas production as a result of economic and political difficulties
Moscow expects to reinforce its position as Europe’s largest natural gas supplier with Russia’s construction of two new pipelines.
ESAI Energy: Russian crude exports soar in April
Russian crude exports will reach a multiyear high of 5.7 million bpd in April, 400 000 bpd higher than average exports in the previous 5 months, according to a Market Alert released by ESAI Energy.
More Drilling & production news
Sapura Energy secures new contracts worth RM1.3 billion
Among the new wins is the Submarine Rescue Service contract for The Royal Australian Navy.
Alba Mineral Resources plc. announces Horse Hill aggregate total Portland volume exceeding 15 000 bbls to date
Alba has also been advised by the Operator that preparations for the planned drilling start of HH-1z and HH-2 in the second quarter of 2019 are nearing finalisation.
CSI Compressco opens new 'Center of Excellence' facility in East Texas
The new location will also offer a hub facility for the company’s expanded field service and parts stocking capabilities in the region.
Borets installs 250th permanent magnet motor in Permian
Borets, a leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully installed its 250th permanent magnet motor (PMM) ESP system in the US.
PetroTal reaches total depth on second Bretaña oil well
The well is being completed as a producer in the Vivian formation in the northern portion of the Bretaña structure.
Drillinginfo and B3 Insight announce Permian water outlook
The two companies completed a multi-phased study addressing the challenges associated with produced water in the Permian Basin.