Drilling & production

The SA-01 appraisal well in the Serenity field in the North Sea has been spud.

Thirteen of the projects reported on are being developed by Equinor. Eight of the company's projects have reduced costs since submitting their plans for development and operation, one project remains unchanged, while four projects have reported higher costs.

The settlement is in relation to engineering, procurement and construction contracts for the construction of six semi-submersible drilling rigs for subsidiaries of Sete Brasil.

The KP-1 exploration well is located onshore southern Central Kalimantan in Indonesia.

Johan Sverdrup has expected recoverable reserves of 2.7 billion boe and the full field can produce up to 660 000 bpd at peak.

Preliminary evaluation of the Hibiscus Updip prospect in the Dussafu licence offshore Gabon indicates gross recoverable reserves of 40 to 50 million bbl of oil, significantly greater than the pre-drill expectations.

The Tambak-2 well is primarily designed as an appraisal of the southern area of the Mako gas field in the West Natuna Basin, offshore Indonesia.

To be competitive in today's oil and gas industry is first and foremost about upgrading the user experience and not by producing new rigs, says Andreas Grydeland Sulejewski, Neptune Software.

The company has won a contract with AS Norske Shell in Norway to provide rig support for the drilling and completion of a gas producer well on the Knarr field.

Delivery of the first three rigs to the drilling division of INK-Service Group is scheduled for 2020, with delivery of the remaining rigs the year after.

The company has agreed to sell its 5.0304% interest in the Nyhamna terminal to CapeOmega and its 13.2550% interest in the Polarled pipeline to Solveig Gas Norway.

Valaris will provide the Rowan Gorilla VI (VALARIS JU-248) to drill four firm wells for the development, which is located in the Central North Sea.

The transaction adds two new operated hubs to Chrysaor’s portfolio in the UK Central North Sea - Britannia and J-Block – in addition to an interest in the Clair Field area.

The well was delivered to ADNOC Drilling’s client, ADNOC Offshore – also a subsidiary of ADNOC.

Vår Energi will become the second largest E&P company on the Norwegian Continental Shelf after Equinor, with total reserves and resources of about 1900 million boe.