Drilling & production

Savannah Petroleum PLC, the West African focused British independent oil and gas company, has announced that the fourth well in its current Niger drilling campaign, Eridal-1, was spudded on 27 July 2018.

Triangle confirms that after following the requirements in its Oil Pollution Emergency Plan (OPEP) and conducting the required safety and environmental assessments, the Company has stood down its Incident Management Team (IMT).

Total has reported an increase of 44% on its adjusted net profit for 2Q18. The oil and gas major said its profit for the period was US$3.6 billion, surpassing analysts’ expectations of US$3.4 billion.

The transaction is expected to close in 4Q18.

The joint venture, which will be jointly owned and managed, will be called Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company).

The company also marked the first tool setting on telecoil in its history during the project, carried out on behalf of an operator active in the region.

Carnarvon Petroleum Limited confirms that the QuadrantCarnarvon Joint Venture have completed additional wireline evaluation since the last update

PJSC "LUKOIL" announces the completion of drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.

Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, through its joint-venture subsidiary Elcrest Exploration and Production Nigeria Ltd has announced the following update on the Opuama-10 well on Opuama Field, OML 40.

Wellesley Petroleum AS, operator of production licence 925, is in the process of completing the drilling of wildcat well 35/12-7 in the North Sea.

Since the previous report, the company has added approximately US$405 million in contract backlog.

Europa holds a 20% interest in the Holmwood conventional oil exploration prospect in the Weald Basin in Surrey, UK.

Sound Energy is converting existing synthetic interests held by an affiliate of Schlumberger in several Moroccan gas licences into joint venture licence participating interests.

The well was drilled to a total depth of 7842 ft and encountered 32.6 ft of net conventional natural gas pay.

The well began producing on 10 July, approximately 60 days ahead of schedule.