Drilling & production

The award recognises a service company or operator who has pushed the boundaries of well intervention and coiled tubing technology.

Experts predict that 2019 and beyond will see deep offshore exploration and mega gas finds in Africa.

Planning permission for development of the Wressle oilfield in North Lincolnshire, UK, has yet to be granted.

Production resumed on 11 July and since testing began the well has produced at an average rate of approximately 360 boe/d (295 bpd plus 390 million ft3/d).

Delegates at URTeC 2019 have been warned that rapidly rising production in the Permian Basin has led to soaring levels of associated gas, outpacing pipeline infrastructure and placing increasing slowdown pressure on other production streams like crude oil and NGLs.

The two-year contract with Archer (UK) Ltd will see Munro’s Travel provide a full travel management service, including their in-house passport and visa service.

The chemical company has announced sales from continuing operations grew by 4% in local currency in 1H19.

Ryan Duman, Senior Analyst at Wood Mackenzie, highlighted the growing expense of water management in the basin and the issue of handling wastewater produced by completed wells.

The Helios Quasar solution is designed to provide more meaningful seismic and microseismic data.

The contract is for the West Polaris drillship in Southern Asia.

In May and July, Apache closed the sale of noncore assets in two separate transactions, which included assets in the Western Anadarko Basin and the SCOOP/STACK play.

The company is to sell a a 2% proportionately reduced overriding royalty interest in 350 000 net surface acres in southwest Appalachia, US.

Olivier Le Peuch succeeds Paal Kibsgaard, who will retire as CEO effective 1 August 2019.

The plant to be installed on the Gudrun field in the North Sea is expected to extend field life by three years compared to the original plan.

When Trestakk comes onstream it will produce approximately 22 000 bpd, with peak production expected to be approximately 44 000 bpd.