The work programme at Norio, which consists of eight workovers and one sidetrack, is targeting a 25-fold increase in production to 250 bpd by H1 2019. Norio has gross oil reserves of 1.631 million bbls.
In November last year, UK-based Corallian Energy revealed its plan to commence a two-well work programme, starting with the drilling of the Wick well, followed by drilling of Colter scheduled for Q1 2019.
Prospex holds a 17% interest in Selva, which sits within the 331 km² Podere Gallina Exploration Permit (the ‘Podere Gallina’) in the Po Valley region of Italy.
The SRM-3 well at South Ramadan (SDX 12.75% working interest and non-operator), reached a target depth of 15 635 ft.
The company has announced that the Company and Rockies Standard Oil Company, its joint venture partner has successfully participated in the December 2018 Bureau of Land Management Utah lease sale.
The companies have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 47 with the Government of the Sultanate of Oman.
Europa Oil & Gas (Holdings) plc has provided its investors with the following update on its portfolio of multistage licences offshore Ireland and onshore UK.
Centurion Law Group considers whether the Nigerian experience with marginal oilfield development had measurable success can be applied elsewhere.
Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.
The contract will see Petrofac, along with its partner Serikandi Oilfield and Services Sdn Bhd, support Brunei Shell Petroleum and Brunei LNG.
The restart follows the oilfield’s maintenance and inspection shutdown.
The agreement will see Tendeka provide reservoir modelling and the installation of its FloSure Autonomous Inflow Control Devices.
The well was drilled at the Pecan field in the DWT/CTP block, approximately 166 km southwest of Takoradi in Ghana.
The company will provide optimisation services using its SeaCure technology for all 20 in. surface casings, which will be drilled from the Stena DrillMAX in approximately 1750 m of water.
The two wellhead outlets and a cable splice build upon recent growth in the market; product orders are up 26% year-on-year, following a growth of 15% in financial year 2016 - 17.