Drilling & production

The operation has encountered gas in good-quality Toro and Digimu sands.

This is the second well to be drilled within the licence area.

TAG Oil and its joint venture partner (Melbana Energy – 30% WI) have begun operations on the Pukatea-1 exploration well.

The contract has been awarded to Alcatel Submarine Networks for permanent reservoir monitoring (PRM) on the Johan Sverdrup field.

The decision authorises the construction of a floating production, storage and offloading (FPSO) vessel, the first new manned installation for Shell in the northern North Sea in almost 30 years.

The consideration for the transactions amounts to US$1.95 billion, including closing adjustments.

Early production from the Catcher field in the North Sea is expected to be approximately 10 000 bpd.

It is introducing over 180 additional part numbers in outer diameters from 1 to 12 in.

The ONZ-7 well is the fifth well in the Company's nine well campaign.

The company has announced the successful completion of workovers of third and fourth wells at Puesto Flores Field.

The flow test results are anticipated within the next four days.

BNK Petroleum have begun drilling the Glenn 16-2H well in the company's Tishomingo Field.

The Petroleum Safety Authority have given Spirit Energy (formerly Centrica E&P Norge) consent to use the Island Innovator mobile drilling facility.

The Mt. Providence well encountered approximately 153 net ft of high quality, primarily oil pay in one Miocene interval with no visible water level.

ADES International Holding Ltd has successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI, all of which are in the Gulf of Suez area.