Drilling & production

Trillion Energy International has announced the spudding of the Alapi-2 natural gas well at the SASB gas field.

Equinor Energy AS, has completed the drilling of wildcat well 31/2-24. The well was drilled about 3 km west of the Troll field in the North Sea and about 115 km Northwest of Bergen.

Rig demand is expected to increase 20% from 2024 – 2025, meaning rates are up 40% from the past year.

Weatherford International has announced it has been awarded a three-year contract with Aramco to deliver drilling services.

Vår Energi and Halliburton are intending to enter into a long-term strategic relationship for drilling services to further improve drilling and well performance.

Aker BP has successfully completed the drilling of the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area.

VTX has announced an acquisition of 12 000 acres in Delaware, US.

The company has delivered additional land acquisition systems and digital vibrator control sets to a major North African geophysical services provider.

TÜV SÜD has launched an international research project to validate the performance of Coriolis meters when used in multiphase flows.

The company has secured a late life asset management renewal in the Gulf of Thailand.

CNOOC Limited has announced that Buzios5 Project has commenced production safely.

Equinor Energy AS, operator of production licence 923, has concluded the drilling of wildcat well 31/2-23 S.

Oil production in Argentina’s Vaca Muerta shale patch is estimated to surge in the coming years.

The company has accepted the award by the State of Alaska Department of Natural Resources (DNR) for the 39 540 acres that it was the successful bidder of in last year’s state lease sale.

The S&P Global Commodity Insights has raised its 10-year production outlook for Canadian oil sands for first time in more than half decade.