Drilling & production

In its latest report, ‘Key Upstream M&A Deals in 2021’, the data and analytics company reveals that the total number of deals in the US upstream sector grew from 388 in 2020 to 420 in 2021.

The combined company will be named Noble Corp., and will be headquartered in Houston, Texas.

Located in the southern sector of Norway's North Sea, Tommeliten A is estimated to hold reserves corresponding to 125 million boe.

Multiple rig extensions have been confirmed for KCA Deutag in Saudi Arabia and in Oman.

Ownership of the Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight and Noble Johnny Whitstine as well as employment of the crews has been transferred to a subsidiary of ADES International Holding Ltd.

With the start-up of phase 2, the entire Ærfugl field is now in production.

The workovers have added a total of approximately 1050 gross bpd (540 net bpd to VAALCO).

William Standifird has been appointed CEO of Intelligent Wellhead Systems.

The parties to the MoU will progress discussions with the view to signing final agreements to implement the Anchois Gas Development, with targeted Final Investment Decision in 2022 and first gas in 2024.

Nabors will be the preferred drilling contractor for Chesapeake across its unconventional oil and natural gas assets in the US.

Inteliwell’s digital well construction solution will integrate digital systems for well construction, drilling control and real-time data monitoring.

Three companies currently operating FPSOs on the UKCS have submitted detailed proposals to Orcadian.

As part of the transaction, Repsol has assumed responsibility for the day-to-day operation of the rig on the Yme field, leasing the rig from Havila Sirius on behalf of the Yme licensees.

A disruption at a gas well in Indonesia's Merakes gas field is likely to affect the project's production for as long as 6 months.

The company has pledged to become a net zero emissions company by 2050, but has come under pressure to make faster progress.