Mayan, the AIM listed oil and gas company, has announced the initiation of production at the Gilbreath #19 well at Forest Hill Field, Wood County, Texas and the Morris #1 well at Stockdale Field, Wilson County, Texas.
Russian and Norwegian gas exports to Europe (including Turkey) reached 194 billion m3 and 122 billion m3, respectively, in 2017.
Spending is predicted to top in 2021, at US$20.5 billion, according to GlobalData.
The contract is part of Saudi Aramco’s multi-billion dollar Marjan Crude Increment Program; one of the company’s oil and gas mega-projects designed to enhance its energy sustainability, diversify the economy, expand gas production, and localise domestic content.
Carnarvon aims to mature the identified leads to prospects within the block, with a number of geoscience work-flows as part of the work programme, including a satellite seep survey, petrophysical reviews, burial modelling, fault seal analysis, rock physics analysis and seismic inversion of the Cygnus MC3D.
Mayan has announced the initiation of production at the Gilbreath #19 well at Forest Hill Field, Wood County, Texas and the Morris #1 well at Stockdale Field, Wilson County, Texas.
Drilling operations at T-45 well are progressing as planned and the Company looks forward to updating the market in due course.
Production levels at the Seven Assets in February have continued to strongly increase, with month to date average production being 25.7 kboepd gross and 20.7 kboepd net, largely driven by increased sales to the Calabar NIPP which are supported by a World Bank Partial Risk Guarantee.
Weatherford International plc has announced the successful execution of a shallow-angle casing exit in Sakhalin Island, Russia, using the AccuView real time remote support system. This marks the first deployment of the AccuView system in the Russian Federation.
Exxon Mobil Corporation has announced it has added 2.7 billion boe of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil's proved reserves totaled 21.2 billion boe at year-end 2017. Liquids represented 57% of the reserves, up from 53% in 2016. ExxonMobil’s reserves life at current production rates is 14 years.
The project will be executed on a fast track, with offshore operations commencing as soon as March/April of 2018. The scope of the project includes disconnection, laydown and wet storage of flexible risers, umbilical and mooring lines from the FPSO.
Enpro Subsea will support Tullow Oil’s plans in the Jubilee and TEN fields in Ghana.
This contract award builds on Jacobs momentum of securing several significant maintenance and turnarounds contracts in North America this past year.
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/1-29 S, cf. Section 15 of the Resource Management Regulations.
Further to the announcement on 27 December 2017, the completion of flow testing at its 100% owned Broadford Bridge-1z exploration discovery is now expected during February 2018.