Drilling & production

600 projects to be decommissioned during next five years with 2000 more to follow through 2040, as market spending grows 540%.

Nostra Terra has paid US$1025 000 to complete the acquisition.

The company have concluded the sale of accumulated surplus stocks of oil built up at the Ayoluengo field over 2016.

Metso's Installed Base Management Services is designed to enable the oil and gas industry to be better prepared for turnarounds and improves the long-term availability and reliability of their field devices.

Reservoir modelling software selected to determine well placing and reduce geosteering risk.

The company used its software to help mine 50 years of North Sea exploration data, as part of a Data Challenge set by Common Data Access (CDA).

The company has reported that deepwater exploration and appraisal activity has dramatically declined.

The interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field is worth US$375 million.

Hurricane Energy has announced plans to drill the Halifax prospect.

The programme will consist of two appraisal wells on the world class SNE oilfield.

The company's second Tendrara well (TE-7) was drilled successfully to a total measured depth of 3459 m.

The company has provided an update on the status of the on-going Stella field commissioning programme and the expected schedule for start-up of production.

Melbana is focussing on completing the resource prospectivity assessment for the remaining two play types and identifying early drilling opportunities.

Following successful appraisal drilling of the Jacana 6 appraisal well, activity in the Llanos 34 Block will be increased.

Drilling permit for well 6608/10-17 S in production licence 128.