The new partnership will use its flexible capital mandate to directly invest in the development and acquisition of upstream oil and gas assets across the US.
In the second part of this article, Matt Regan, GEOLOG International, UAE, explains the importance of alkene detection as a tool for diagnosing the occurrence, character and severity of bit wear in real time.
Matt Regan, GEOLOG International, UAE, explores how the innovative monitoring of alkenes can be used to qualify real time bit wear.
PGNiG Upstream Norway and its partners decided to move to the select phase of the project, during which key technical decisions regarding the field development will be made.
Currently, Israel’s remaining recoverable gas reserves are estimated to be around 26.2 trillion ft3.
The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia.
The oilfield in Surrey, UK, had produced 50 000 bbl of light, sweet, dry oil as at close of business on 7 June.
The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round is to open at an event in Houston on 10 July 2019.
The combined flow from both wells during a 72-hour production test earlier this week reached and maintained the planned production rate of 20 000 bpd.
The Marine XII license covering 571 km2 is located on the continental shelf of the Republic of Congo 20 km from the shore with the sea depth of 20 - 90 m.
Rystad Energy is raising its forecast for US crude output to 13.4 million bpd by December 2019.
As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10% equity interest.
IHS Markit expects average y/y supply additions to be below 100 000 bpd in the coming decade.
The discovery was made at Gladden Deep in Mississippi Canyon block 800.
Gene Sweeney returns to Cudd after leading BP’s global well control team for the past seven years.