Drilling & production

At this stage, the mill will support Tenaris’s ramp up of seamless activity in the US with the heat treatment and finishing of pipe products.

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for well 7322/7-1, cf. Section 15 of the Resource Management Regulations.

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wells 25/10-16 S, 25/10-16 A and 25/10-16 B, cf. Section 15 of the Resource Management Regulations.

International Frontier Resources Corporation (IFR) joint venture Tonalli Energia, in partnership with Mexican petrochemical leader Grupo IDESA, announced that service equipment is being mobilised for stimulation and production testing after successfully receiving a perforation permit for the TEC-10 well.

The BaraOmni™ hybrid separation system is a new separation technology that removes ultra-fine low gravity solids (LGS), resulting in better performing, longer lasting fluid systems to help operators reduce costs.

VAALCO Energy, Inc. have announced that the workover operations on the Avouma 2H well are complete and replacement of the Electrical Submersible Pump (ESP) system was conducted safely and efficiently with no injuries or environmental incidents.  

Tap Oil Limited (Tap Oil or the Company) provides the following update on drilling activities at the Manora Oil Field in the G1/48 concession, located in the Gulf of Thailand (Tap Oil 30% interest). Mubadala Petroleum (Thailand) Ltd is the operator of the G1/48 concession.

Diamond Offshore Drilling have extended the exclusive license for Trelleborg’s offshore operation to this patented technology until 2029.

Marketed utilisation rates would also rebound to 89% by 2020, surpassing rates seen during the heydays before the downturn.

The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 6304/3-1, cf. Section 15 of the Resource Management Regulations.

Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.

The US has added close to 50 billion bbls over the last year and now holds an estimated 310 billion bbls of recoverable oil with current technologies, equal to 79 years of US oil production at present output levels.

The multi-phase work programme, consisting of workover, new drill and pressure maintenance operations, is focused on increasing production and proving up substantial reserves at Zink Ranch that are believed by the Company to be economically recoverable.

This partnership aims to significantly improve operational efficiencies and reduce well costs over the life of the project through a holistic and collaborative development approach.

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).