Drilling & production - 13 May 2020

Ecopetrol’s CAPEX for the year now sits in a range between US$2.5 billion and US$3 billion.

Premier Oil has said first gas from its Tolmount project is now expected in 2Q21.

The Japanese company has cuts its annual net profit forecast by 93%.

The operation was conducted from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.

The agreement enables Wellpro Group to enhance its existing well intervention portfolio.

The drilling programme for well 7321/8-2 S relates to the drilling of a wildcat well in production licence 719.

The Wressle oil discovery in Lincolnshire, UK, is expected to flow at a constrained rate of 500 bpd gross.