Exploration

The Obiafu-41 Deep well is anticipated to deliver in excess of 100 million ft3/d of gas and 3000 bpd of associated condensates.

CGG is expecting to generate positive Net Cash Flow this year, for the first time since 2012.

The licenses were given to INA, Vermilion Energy, Aspect Croatia and Crodux Derivati.

The acquisition of approximately 200 000 datasets quadruples Enverus’ interpreted well log catalogue.

Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.

The XWI algorithm, which enables data-driven earth model building, helped Tullow Oil to strike oil at the Jethro-1 well earlier this month.

The Aseng 6P well was drilled to a total depth of 4417 m and is expected to produce first oil in October 2019.

CGG Geoscience’s Subsurface Imaging Center in Rio will deliver imaging of pre-salt structures in the Campos and Santos Basins.

The company has also opened a new office in Rio de Janerio.

Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea.

The preliminary gross resources from well 16/5-8s, approximately 14 km south of the Edvard Grieg field in the Norwegian North Sea, are estimated to be between 1 and 10 million boe.

Presentations will take place in Luanda, Angola, Houston, US, London, UK, and Dubai, United Arab Emirates, during September.

Completion of the acquisition and the merger plan has been registered with the Norwegian Register of Business Enterprises.

The well encountered 55 m of net oil pay which supports a recoverable oil resource estimate which exceeds Tullow’s pre-drill forecast.

Linn Katrine Høie has been appointed as managing director of the company.