Novatek and Gazprom Neft to develop East Siberia offshore licence
The companies will carry out exploration work at the North-Vrangelevskiy licence area located in the eastern part of the East Siberian Sea.
The companies will carry out exploration work at the North-Vrangelevskiy licence area located in the eastern part of the East Siberian Sea.
Completion of phase 2 of the 11 000 km2 UK Mid North Sea High 3D seismic survey, expected in mid-October, will increase the programme survey area six-fold.
Talos Energy has said that it expects the Tornado Attic well to produce approximately 8000 - 10 000 boe/d gross (approximately 80% oil) once online.
In order to maintain the same level of production in the mid-term, the country needs to stimulate the exploration sector and pour investments in less explored areas such as deepwater offshore T&T, says GlobalData.