Drilling & production - 30 January 2018

The well reached a total depth of 7717 ft MD in 22 days and ahead of schedule. First production from all three wells is expected March 2018.

A global oil producer has kicked off initial five well campaign.

NEL, the flow measurement R&D specialist, is the first laboratory in the world to invest in 2D flow visualisation technology, as part of its continual programme to deliver industry-leading test facilities.

Sec PV-10 value more than doubled to US$22.5 million while forward strip based PV-10 value was US$39.93

Iraq’s oil minister said that the country would follow the rest of OPEC in reducing output despite Baghdad’s attempts to increase oil export capacity.

Targa will manage the construction of LM4 and will operate the plant. Hess Midstream’s 50% interest in the joint venture will be held through Hess TGP Operations LP, in which Hess Midstream owns a 20% controlling economic interest.

Independent global completions service company Tendeka has completed field testing of its wireless intelligent completions technology, PulseEight.