Drilling & production

Gross production increased in the current quarter to over 1000 million ft3/d.

Noble Energy, Inc. announced total proved reserves of 1.965 billion boe as of December 31, 2017, a net increase of 528 million boe versus year-end 2016. 

SDX Energy Inc., the North Africa focused oil and gas company, announces that the KSS-2 well on the Sebou permit in Morocco was drilled to a total depth of 1293 m encountering 8 m of high quality reservoir interval in the Gaddari and Guebbas sequences with an average porosity of 30%.

UK Oil & Gas Investments PLC announces that oil has flowed to surface from the naturally fractured KL5 reservoir at its 100% owned BB-1/1z exploration discovery, located in licence PEDL234.

API Q2 is a risk-based quality management system approach that focuses on competency, service design, contingency planning, supply chain controls, preventive maintenance, inspection, service quality plans and management of change.

Noble Energy, Inc. announced it has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt. 

The technology group Wärtsilä and the global drilling contractor Maersk Drilling have joined forces in a unique co-operation to create a 25 year thruster maintenance strategy for Maersk’s three semi-submersible rigs and four drillships.

Total S.A. (Total), Borealis AG (Borealis) and NOVA Chemicals Corporation (NOVA Chemicals) have announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.

The company's average net oil production for January 2018 was 777 bpd. This is an increase of 23% on the production for the quarter ended 31 December 2017.

T-45, the first well of current three well drilling programme at the Taribani Complex of Block 12 in Georgia, has now been drilled to a target depth of 2700 m, in the Eldari Formation.

Mosman identified the development potential would be to drill horizontal wells which it expected would increase both Reserves and production.

Effective immediately, the contract is for five years with a two-year extension option and will be executed from Wood’s offices in Perth, Australia.

PAO NOVATEK (NOVATEK) won the open auction to acquire a 100% stake in Maretiom Investments Limited and 100% of Velarion Investments Limited from ALROSA.

Northern Offshore announces it has sold its semi-submersible Energy Driller to an unnamed party for conversion to alternative use. 

The international energy consultancy provider has more than doubled its workforce in Aberdeen, UK and Houston, Texas thanks to contract wins and software developments in the past year.