Drilling & production - 27 March 2020

First gas has been achieved from a new well in the Chiswick field in the Southern North Sea, while first oil has been achieved from a new well in the Chestnut field.

The company is in discussions with Total regarding the notice.

Africa Oil & Power (AOP) is working with Senegalese government partners to confirm a new date for the conference.

Incitec Pivot Ltd's 50/50 joint venture project with Central Petroleum concerning the coal seam gas acreage (ATP 2031) in Queensland’s Surat Basin has been temporarily paused.

In an operations update, the company said it remains focused on operating in a low oil price environment.

Planned 2020 CAPEX on the company's UK producing assets is expected to be below US$45 million, reduced from the original forecast of US$65 million.

The contract, which is to provide four annular injection mixers for a gathering and separation plant, was signed earlier last month.

The ARO-2003 (SAR201) jack-up rig has been repaired and overhauled for ARO Drilling.

The company will reduce planned investments for 2020 from US$12 billion to US$8.5 billion.