Drilling & production

The acquisition of Maersk Oil allows the Group to reinforce its existing leading positions in the U.K. and in Norway, as well as to enter Denmark, making Total the second-largest operator in the North Sea.

According to Rystad Energy’s latest assessment, Halliburton has surpassed 4 million horsepower by adding roughly 700 000 horsepower since the first quarter of 2017.

The well will now be completed, tested and connected to existing infrastructure. SDX expects to provide a further update on testing results in early April.

Headquartered in Houston, Rival Downhole Tools rents, sells and services and drilling and thru tubing downhole tools to the upstream oil and gas industry.

Comet Ridge Limited has announced a material reserves upgrade for their share of the Mahalo Gas Project (Mahalo Project) located in ATP1191 (formerly ATP337P).

The underwater operations will be undertaken by Aker BP's contractor, Subsea 7.

In order to drill the well the Joint Venture was required to apply to the Ministry of Mines and Energy in Namibia for permission to enter the next phase of the licence, the Second Renewal Exploration Period.

The Company increased proved reserves by 20% or 1 756 000 bbls after production and increased proved plus probable reserves by 18% or 2 837 000 bbls after production.

Triangle Energy (Global) Ltd has provided an Operations Update on its Cliff Head Oil Field (Cliff Head; 78.75%) assets.

Rystad Energy estimates that liquid resources from mature assets grew 151 billion barrels over the last four years, which is almost 17% more than the amount produced in those years.

UK Oil & Gas Investments PLC has been informed by its 100% owned subsidiary Kimmeridge Oil & Gas Limited (KOGL) that Oil and Gas Authority consent for flow testing its Broadford Bridge-1/1z (BB-1/1z) oil discovery has been extended to the end of March 2018. 

With an East Coast gas crisis looming, a significant new gas field has just been proved up in Central Queensland and could prove invaluable in helping to alleviate a forecast domestic market shortfall of about 50 Petajoules (PJ) a year.

McDermott International, Inc. has been awarded a detailed engineering and long lead procurement services contract from BP Trinidad & Tobago, LLC (bpTT) for the Cassia C Compression Platform, located 40 miles (65 km) off the southeast coast of Trinidad and Tobago.

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 7220/11-5 S, cf. Section 15 of the Resource Management Regulations.

Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018.