Drilling & production

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.

The aim of the Odfjell Collaboration Alliance is to provide a complete service offering of rig, modular rig, jacking unit, wireline, plugs and all other services needed to successfully execute projects within P&A or slot recovery operations.

ADC’s recent project highlighted that Dynamically Positioned rigs operating in a closed-bus configuration can successfully reduce annual CO2 emissions by 4800 tpy – delivering a fuel saving of US$620 000 per year - while reducing engine running hours by 20%.

The company has signed an agreement to acquire the semi-submersible drilling rig Leo from Aquadrill LLC for a total consideration of US$14 million.

Expected recoverable reserves in Yme are estimated to be approximately 10 million standard cubic meters of oil – or 63 million barrels.

Fenja is scheduled to come online in the first half of 2023 and will produce approximately 28 000 boe/d at plateau.

The Gamba well DTM-7H has been successfully brought online, while the DTM-6H well in the Dentale formation is scheduled to come onstream in the coming days.

Halliburton posted net income attributable to the company of US$236 million, or 26 cents per share, in the 3 months ended 30 September, compared with a loss of US$17 million, or 2 cents per share, last year.

The new technology, operations and commercial Black Hills site has more than 5000 ft2 of office and networking space, a 3500 ft2 laboratory and an 80 000 ft2 production area.

SDX Energy has started a development drilling campaign in the West Gharib concession in Egypt that aims to grow production from c. 2400 bpd to c. 3500 - 4000 bpd by early 2023.

The Nabors Industries rig reached total depth on a horizontal well for ExxonMobil in the Permian Basin.

The Ondjaba-1 well will be drilled at a new world record water depth of 3628 m.