Drilling & production

Latest interim report focuses on Appalachian, Permian and STACK upstream activity over next ten years.

Following the latest forecast from the UK Oil and Gas Authority (OGA) for the UK’s offshore sector, Jonathan Markham, Senior Upstream Oil & Gas Analyst at GlobalData, offers his insight on the future of the UK’s upstream sector.

The company was responsible for the concept, detailed design, transportation and installation of the platform in 35 m water depth for the D28 oilfield Phase 1 project for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd.

The additional area awarded covers a new gas prospect that is similar to the Bainet discovery which Raffles and Prospex successfully drilled in November 2017 and started production in September 2018.

The Bénin Onshore Block B is located in the Dahomey Embayment (Coastal Basin) and covers an area of 4590 km2 (approximately 1.1 million acres). The Block is located to the west of Bénin's capital Cotonou continuing to the Togo border.

Empyrean had announced that the Ministry of Energy and Minerals in Indonesia has approved the plan of development (POD) for the Mako Gas Field at the Duyung PSC in Indonesia.

United Oil & Gas Plc has provided an operational update on the P1918 licence in the Wessex Basin and specifically the Colter appraisal campaign which has included the Colter North and the new Colter South prospects.

Significant increase in production rate at Norio wells 44 and 27, moving the combined current production rate at the Norio and Satskhenisi fields towards 60 bpd, a four-fold increase.

According to Rystad Energy, this turnaround is made possible by the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast.

The company has extended its concessions for the Ras Budran and Zeit Bay oilfields in the Gulf of Suez.

The center deploys the latest mechanical engineering expertise to build more durable motors that drill faster and allow for longer runs with a higher rate of penetration.

Following execution of term sheet on L15, as announced on 31 December 2018, a wholly owned subsidiary of Doriemus has now executed the Farmout Agreement with a wholly owned subsidiary of Rey Resources Limited.

The company has provided an update on operations following the end of the first half of its 2018-2019 financial year which ended on 31 January 2019.

Pentag Gears and Oilfield Equipment Ltd, a designer and manufacturer of gearing and machinery, has completed the delivery of its 35th beam pump for Wytch Farm oilfield in Dorset.

After activity levels fell to only 240 subsea trees installed globally in 2017 – the lowest level since the turn of the century – Rystad Energy forecasts that over 350 subsea trees will be installed per year by 2021.