Drilling & production

Rystad Energy now predicts that US oil production grows so fast that an all-time high of 10 million bpd could be reached before December 31st this year.

Cooper Energy has announced that Callawonga-18, an appraisal and development well drilled by the PEL 92 Joint Venture in PPL 220, is being cased and suspended as a future oil producer.

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide the following update on drilling activities in the CPO-5 contract in Colombia.

In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands such as Borr Drilling’s acquisition of Transocean’s jackup fleet and Shelf Drilling’s acquisition of three Seadrill jackups.

Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has finalised an exclusive agreement with Brastech Serviços Téchnicos E Construçoes Náuticas LTDA (Brastech) as it expands within the South American market.

Cementing of the 4.5 in. liner in the production hole section (through the HRZ) was completed without incident.

Husky Energy is moving forward with the West White Rose Project offshore Newfoundland and Labrador.

Add Energy, the international energy consultancy provider, has been awarded a maintenance build contract worth more than £1 million with BP for work on West Nile Delta (WND), a development located just off the north coast of Egypt.

Tsubaki of Canada Limited has purchased Dia-Saw Manufacturing Ltd. Dia-Saw started as a manufacturer of shake and shingle mill equipment and has since evolved into a manufacturer of sprockets and related drive components.

Emerson’s Tempest™ ENABLE software is designed to help oil and gas producers gain better insight into reservoir production scenarios.

Faroe Petroleum has announced the commencement of the Faroe-operated Brasse appraisal well 31/7-2S in the Norwegian North Sea (Faroe 50%).

TAG Oil Ltd. has announced the successful drilling and flow testing of the Cheal-E8 exploration well, which will now be tied-in to TAG Oil’s existing infrastructure as a permanent producer.

Energy services company Proserv has been awarded a series of contracts worth a combined value of more than US$11million for its production control new-build and after-market services in the Middle East.

With abundant supply potential, Rystad Energy expects US gas companies to see a large LNG export potential to China after President Donald Trump and President Xi Jinping reached the bilateral trade agreement last month.

The Waitsia-3 well will be drilled to a planned maximum total depth of 3706 m MDRT and is forecast to take approximately seven weeks in total to complete.