Upstream news updates

The East Cendor field in Block PM304, operated by Petrofac and located 140 km offshore Peninsular Malaysia, achieved its first oil production on 23 June 2021.

The Oil & Gas Authority’s UKCS Energy Integration Report last year calculated that electrification could abate UKCS oil and gas operational emissions by 2 – 3 Mt CO2 per year by 2030.

Kentech has also rebranded as Kent.

HydroVolve, based in Aberdeen, UK, has appointed Jamie Airnes as CEO and launched a new range of technology solutions built on its patented hydraulic-powered downhole engine.

Jeff Gustavson has been named president of Chevron New Energies, which will intially focus on commercialisation opportunities in hydrogen, carbon capture and offsets and support of ongoing growth in biofuels.

Sapakara South in Block 58 encountered 30 m of net pay of oil, in a good quality Campano-Maastrichtian reservoir.

A tribunal ruled in September 2019 that Ecuador owed Perenco US$391 million as a result of its takeover of Blocks 7 and 21.

Equinor and TotalEnergies have transferred their interests in the Petrocedeño project to PdVSA.

Operator Neptune Energy estimates the reserves at the Duva field in the Norwegian North Sea to be approximately 11 million m3 of oil equivalent.

PETRONAS Carigali, Shell and PETROS EP have been awarded Block SK437 offshore Sarawak.

Production operations have resumed following the Aoka Mizu FPSO's scheduled annual maintenance shutdown.

The Whiptail-1 well encountered 246 ft (75 m) of net pay in high-quality oil bearing sandstone reservoirs.

ExpressFiber is a single-use fibre optic cable that offers accurate, direct subsurface measurements, including cross-well communication.

The systems will be manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, UK, and will be delivered in the second half of 2021.

FPSO Almirante Tamandaré will be deployed at the Búzios field in the Santos Basin, approximately 180 km offshore Rio de Janeiro in Brazil.

Proserv will manufacture and deliver 22 wellhead controls panels for use on the Majnoon oilfield in Iraq.

The Tornado Attic well is currently producing above the previously estimated 8 - 10 000 boe/d range, according to the company.

The newly fabricated topsides and bridges will replace the ageing facilities at TotalEnergies' Tyra field in the Danish North Sea.

The Whale development, owned by Shell Offshore Inc. and Chevron U.S.A. Inc., is expected to reach peak production of approximately 100 000 boe/d and currently has an estimated, recoverable resource volume of 490 million boe.

Malaysia is expected to contribute 3.1 billion ft3 of global natural gas production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 and 2025.

The Egyptian Vulture prospect marks the first of an anticipated seven well exploration programme which will involve Longboat Energy over the next 18 months on the Norwegian Continental Shelf.

Equinor will acquire a 40% participating interest in licences PL090 JS, PL248 I and PL925, while Wellesley will acquire a 10% participating interest in licence PL942.

Following completion and tie-in, the first well from the Van Gogh Phase 2 Infill Development offshore Western Australia has produced at a peak rate of 23 200 bpd.

Schlumberger reported net income of US$431 million for the three months to June 30, compared with US$299 million in the first quarter.