Drilling & production

Oil discovery in the main bore of the Boomerang exploration well.

VNG Norge AS, operator of production licence 586, is in the process of completing the drilling of wildcat wells 6406/12-4 S and 6406/12-4 A.

Oil production offshore Nigeria starts ahead of schedule and below budget.

Mosman Oil and Gas Ltd has sold a 2% STEP Royalty for NZ$4 million to Ridge Royalty Corp.

Iran has forecasted average oil prices at US$42 to US$50 per bbl for the year to March 2017, according to Reuters.

Research and Markets introduces a new report titled, ‘Distributed Acoustic Sensing (DAS) Market by Fibre Type, by Vertical and by Geography – Global Forecast to 2015 - 2020’, that discusses DAS technology and the growth in its fibre optic market.

The contracts cover zonal isolation and inflow control technology.

Event sent out clear message that the industry has a future for many years to come.

As the year approaches the fourth quarter, many industry observers are dusting off their forecasts for 2016 and re-thinking.

Norske Shell is close to completing the drilling of wildcat well 6407/10-5 in the Norwegian Sea.

Participants who successfully complete and pass the course will receive The Well Control School and IADC WellSharp™ Introductory Level certifications.

Statoil awarded contract for the delivery of steel platform jackets.

Faroe Petroleum announces results of exploration well 6407/10-5.

The Norwegian Petroleum Directorate has granted a drilling permit to Lundin Norway AS for well 7220/11-3 A, cf. Section 8 of the Resource Management Regulations.

CEDIGAZ analyses the consequences of the oil price decline on the US oil and gas sector.