Exploration

The assets, primarily located in Louisiana’s DeSoto and Bossier Parishes, consist of approximately 52 933 gross (34 167 net) acres with 4Q15 average production of 113 million ft3/d.

Oceaneering International, Inc. has named William (Bill) J. Boyle as Senior Vice President, Asset Integrity.

Petrobras has stated that the Libra Consortium has concluded the drilling and the evaluation of the well 3-BRSA-1322-RJS and has confirmed the discovery of good quality oil.

Dan Purkis of Well-SENSE Technology collected the prestigious Significant Contribution accolade.

UK Chancellor George Osborne has announced a major reduction in taxes for the North Sea.

Borets has completed eight applications of its WR2 pump system.

Result from Cheptuket-1 wildcat well in Northern Kenya has resulted in the evaluation of further exploration activities in the region.

The company held that the 2D seismic data recovered from the block to date had not sufficiently de-risked the block potential.

Petrex Developments has received a decommissioning contract from Maersk Oil North Sea (UK) Ltd.

Optimarin has signed a fleet agreement with UK shipowner and management company, Carisbrooke, for its market leading Optimarin Ballast System.

Range has announced that approval for the new 4000 m drilling rig has been granted to RRDSL.

Sequa Petroleum N.V. has announced an update to its planned acquisition of a 15% interest in Gina Krog.

Fitch Ratings has stated that an upcoming bankruptcy court ruling on Sabine Oil & Gas could have broad effects on the US midstream market.

As Duty Holder, the company is to support AOC, license operator of the Anasuria cluster.

The Norwegian Petroleum Directorate has granted Det norske oljeselskap AS a drilling permit for well 16/1-26 S, cf. Section 8 of the Resource Management Regulations.