Drilling & production

A joint industry project led by the company has led to the development of the ODIN diverless alternative for use on floating assets.

The Drilling Portal combines remote monitoring of information from multiple different systems to provide a quick and intuitive overview of all drilling operations.

The agreement, which has been terminated as of 29 August 2019, was for the Lake Albert licences in Uganda.

The company is to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea.

The treatment programme is designed to maximise the performance of declining wells, reducing the need for new drilling to maintain production rates.

Vaalco Energy has announced that it will begin its drilling campaign in the country’s offshore this September.

After a recently completed expansion of the regional airport, Lea County will be augmenting the existing non-stop United Express daily flight service to Houston with a new route to Denver, Colorado which begins on 27 October.

The exploration well being drilled is in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf.

The company's CAN technology aims to reduce field development costs and help with wells in difficult seabed conditions.

The company will provide regulatory testing and reporting services for 825 wells in the Texas Panhandle, US.

The deal makes Hilcorp the second-largest Alaska producer and reserves holder, behind ConocoPhillips.

The Vero system applies artificial intelligence to validate well integrity.

The money from this financing round will support the qualification and commercialisation phases for the company’s Slim Battery-powered Conveyor.

A vessel is en route to the field to undertake site preparation before a drilling rig is moved to the site.

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million t in June 2019.