Exploration

The Uaru-2 discovery will add to the gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.

Explor has recently completed the first three-component seismic survey with STRYDE nodes, following the development of a mechanical convertor to enable attachment in either single- or three-component configuration.

The work scope, which will support Total’s ongoing offshore exploration activity as operator of Block 58 offshore Suriname, sees ASCO Trinidad provide onshore logistics, pipe yard, plant and procurement services, as well as specialist lifting and training activity.

Because US producers have increased access to debt and equity (among other factors), the EIA is forecasting that US crude oil production will increase from 10.7 million bpd in 1Q21 to 12.2 million bpd in 4Q22.

The contract contains one firm-well in the Corentyne Block and one optional well for the Demerara Block.

CGG will support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK (which include geothermal energy and storage sites for CO2, hydrogen and ammonia).

The new PleXus system offers E&P industry users access to subsurface geoscience assets.

In direct continuation of the Maersk Integrator rig’s work scope, the rig will drill an exploration well for Aker BP offshore Norway.

Polaris Natural Resources Inc. will provide acquisition services for a 2D seismic programme in the Cabora Bassa Basin in Zimbabwe.

The drillship Maersk Viking will be employed to drill an ultra-deepwater exploration well in Block F13 offshore Gabon.

For the first time in Europe, Focused Magnetic Resonance (FMR) technology, developed by Weatherford International was used in undertaking the comprehensive study of the reservoir.

The eight-year contract with the Norwegian Petroleum Directorate will see Halliburton deploy and operate Diskos, Norway's national repository of seismic, well and production data.

The company is reprocessing the Kyranis 3D seismic survey, which covers blocks in current exploration license rounds offshore Timor-Leste and Australia.

The two-and-a-half-month project will commence in April 2021 and will be conducted by the SW Vespucci.

The wildcat wells will be drilled about 10 km west of the Fram field.