Drilling & production - 23 February 2018

Production start-up for the F1 well on South Marsh Island Block 71 in the Gulf of Mexico is expected to begin in March 2018.

President Energy the upstream oil and gas company focused primarily in Argentina, reports recorded record results in January with each concession making good returns and contributing profits.

Dril-Quip, Inc. have announced that Dril-Quip Asia Pacific Pte Ltd, its wholly-owned subsidiary based in Singapore, has been awarded a contract to supply top tensioned riser (TTR) systems and related services for the development of  the Ca Rong Do Project located offshore Vietnam operated by Repsolwith the participation of Mubadala, PVEP and PetroVietnam. 

Gross production increased in the current quarter to over 1000 million ft3/d.