Devon Energy reports 3Q19 results
The company's operating cash flow totalled US$597 million, a 22% increase compared to the second quarter. Third-quarter oil production increased 19% year-over-year, exceeding guidance.
The company's operating cash flow totalled US$597 million, a 22% increase compared to the second quarter. Third-quarter oil production increased 19% year-over-year, exceeding guidance.
Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing contracts worth in excess of £55 million in the past three months.
The company has expanded its teams in the Middle East and Mexico.
The Tambak-1 well is located approximately 4.5 km north of the Mako South-1 location and is designed to both appraise the extent of the Mako gas field as well to test the underlying Tambak prospect.
The discovery was the first well drilled in Kosmos’ infrastructure-led exploration (ILX) in offshore Equatorial Guinea.
Ashley Sherman, principal analyst, Caspian upstream reflects on Chevron's confirmed cost increases and delays.
Tower Resources plc provides an update on operations on the Thali block in Cameroon.
The company is currently working on several geothermal projects in Bavaria, Germany.
Through collaboration, innovative technologies and digitisation the newly formed alliance endeavours to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian Continental Shelf.
Fluor’s scope of work at the Karachaganak field in Kazakhstan includes feasibility studies, front-end engineering design and other engineering services.
Eric Lookofsky and Matt Miller, Newpark Drilling Fluids, USA, discuss how key facility investments have aided the development of drilling, completion and stimulation products.
A study by Rystad Energy has concluded that offshore projects sanctioned between 2010 and 2012 have barely been able to generate any value for E&P companies.
The contract is with Serica Energy and is expected to commence in 4Q20.
The company has acquired a 20% interest in the exploration and production licence covering Block 56 onshore Oman.
South Sudan also announced at South Sudan Oil & Power 2019 that it would launch its first ever licensing round in 1Q20, putting up 13 onshore blocks for tender.