Offshore & subsea - 22 May 2020

The 900 km2 survey provides increased resolution and sharper imaging of prolific Upper Cretaceous plays in Ivory Coast block CI-706.

The license holders of the Duyung PSC are now Conrad Petroleum (76.5% operated interest), Coro (15% non-operated interest) and Empyrean Energy (8.5% non-operated interest).

Shell is the operator of the block with a 45% stake, along with Chevron, also at 45%, and Ecopetrol, with 10%.

The Parque das Baleias Area offshore Brazil has reached the mark of 1 billion bbl of oil produced.

The Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project is expected to reach its peak production of approximately 15 681 bpd in 2022.

The Archer Topaz modular rig has been contracted by TAQA to perform a 21-well plug and abandonment campaign for their Northern North Sea Cormorant Alpha platform.

The company has shut in the 205/21a-7Z well as it was unable to achieve its target rate sustainably from the two Lancaster Early Production System wells.