Drilling & production - 01 April 2020

Oil production will be cut by 200 000 bpd, a volume that includes the reduction of 100 000 bpd announced on 26 March 2020.

At 4265 ft (1300 m), the first well that has been opened for early first gas is the deepest water depth opened by ONGC.

BP has cut its 2020 spending plans by 25% and will reduce output from its US shale oil and gas business.

Applied Petroleum Technology will provide geochemical analyses including consultancy services to deliver interpretation of drilling samples and other reservoir data.

The company's 2019 projects were mainly concentrated in Russia and Uzbekistan.

Silver Eagle says the self-propelled design is capable of working at greater water depths and in harsh environments.

Key has made an application a 12-month Suspension and Extension for Permit Year 3 in which the Wye Knot-1 well was to be drilled.

Mitquq 1 ST1 flowed at a stabilised rate of 1730 bpd from a single stimulated zone, while the Stirrup 1 exploration well flowed at a stabilised rate of 3520 bpd from a single stimulated zone.