Drilling & production

Trinity has now completed four new onshore infill wells as part of its H2 drilling programme.

The acquisition includes the the Jumping Pound, Caroline and Waterton gas plants, 29 000 boe/d of production, a partial ownership of the Shantz sulfur plant and 1700 km of pipelines.

Rystad Energy says it is anticipating around 30 to 50 exploration wells will be drilled per year towards 2023.

TMK provides tubular products for the oil and gas industry.

The agreement entails a new GustoMSC drilling jack-up design which will utilise the modern manufacturing capabilities currently planned for at IMI.

Ghasha is aiming to develop previously undeveloped deposits of gas, oil and gas condensate as part of nine shallow fields in the Arabian Gulf west of Abu Dhabi.

The assets will provide Neptune with an estimated 30 million boe of 2P reserves.

The next step in the campaign is an extensive Drill Stem Test (DST) programme.

The contract is for supply of ‘cesium drilling and completion fluids’ to Equinor’s operations on the Norwegian Continental Shelf.

Wood Mackenzie senior analyst David Low said that he expects ConocoPhillips to redeploy its capital into its North American unconventional and Alaskan positions.

The service will be provided using Vantage's Tungsten Explorer and covers one firm well, "Nigma 1", with the contract estimated to last 73 days.

The assets being sold include interests in the Barossa project and the Caldita, Bayu-Undan, Poseidon and Athena fields.

Trinity is an E&P company focused on Trinidad and Tobago.

The facility is intended to help global oil and gas operators to ensure that production remains economically viable.

The company has announced its final results for the 12 month period ended 31 July 2019.