Drilling & production

Condor Petroleum has announced that it has entered into an agreement with Marsa Energy Inc. in which Condor will acquire Marsa Energy.

Cunningham Energy LLC has announced plans for two new shallow horizontal oil wells to be drilled in Kanawha County, West Virginia.

The drilling update shows that production in December was lower than in previous months of 2015.

Wood Group will deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 km off the coast of Rio de Janeiro.

The joint venture company will serve the Malaysian market and intends to become a leading solutions provider in the region.

The new guidance notes will cover the use of products made through additive manufacturing processes.

Kongsberg Oil & Gas Technologies AS has announced it has received a 3-year contract by Wintershall Holding GmbH.

Gulfsands Petroleum Plc has announced that the Tunisian Ministry of Industry, Energy and Mines has approved the Comité Consultatif des Hydrocarbures’ decision to extend the duration of validity of the first renewal period of the Chorbane Licence by two years.

API highlights the energy issues that will shape America’s economic and political news this year.

Positive results for the SNE-2 appraisal well which has completed drilling.

Patterson-UTI reports positive operating results in the US and Canada.

San Leon Energy has reported that the Rawicz-15 well has been successfully drilled to a total depth of 1580 m.

Total transaction value for global upstream oil and gas M&A deals in 2015 declined 22%.

New global framework agreement designed to drive efficiency in engineering and subsea O&G projects.

Natural gas spot prices in 2015 at the Henry Hub in Louisiana averaged US$2.61/million Btu, the lowest annual average level since 1999.