Drilling & production - 06 June 2019

Rystad Energy is raising its forecast for US crude output to 13.4 million bpd by December 2019.

As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10% equity interest.

IHS Markit expects average y/y supply additions to be below 100 000 bpd in the coming decade.

The discovery was made at Gladden Deep in Mississippi Canyon block 800.