Drilling & production

Initial engineering work will begin in Perth, Australia, later this year, and then will transfer to Dakar, Senegal in 2020.

The Dvalin gas field is being developed as a subsea field tied back to Heidrun, which lies some 15 km to the northwest.

Linn Katrine Høie has been appointed as managing director of the company.

The closing of the transaction follows approval of the transaction by Anadarko’s shareholders at a Special Meeting held earlier this week.

The project has estimated recoverable 2C resources of 13.2 million bbl of oil (100% basis) and 274 billion ft3 of natural gas (100% basis).

Peterson will provide Repsol with integrated supply base operations management, logistics and pipe yard operations.

MOL's upstream EBITDA was 10% lower in 1H19 at US$553 million, while average daily hydrocarbon production was 111.8 boe/d higher by 2% y/yr.

The joint venture, InVision Offshore, Inc., will be based in Houston, Texas, US.

The contracts are for coiled and N2, stimulation services and cementing services for a period of 5 years with possible extensions of up to 2 years.

The JV enables Ecopetrol to book approximately 160 million boe of proved undeveloped reserves at transaction closing.

The drilling programme for well 25/7-7 relates to the drilling of a wildcat well in production licence 782 S.

The agreement covers Block 77 in central Oman, with each company holding a 50% interest.

The permitting work for the Appomattox project, which saw first oil in May 2019, helped define and clarify the safety requirements in BSEE’s recently published high pressure and high temperature related guidance documents.

The acquisition adds approximately 6001 boe of daily net production to Neptune’s production in Germany – an increase of approximately 5%.

11 wells were drilled and four discoveries made by the company in 1H19.