Upstream drilling news

The independent operator has recently completed three significant acquisitions; an interest in the Babbage gas field acquired from Premier Oil on 6 December.

Following the company's most recent update of November 2, 2018, Zenith can confirm that the primary phase of its well C-37 well intervention has entered the final stage.

Anglo African Oil & Gas plc has announced that drilling operations have now recommenced on well TLP-103C at its Tilapia site in the Republic of the Congo.

Questerre Energy Corporation updated activities at Kakwa North, offsetting its joint venture production in the area.

International Frontier Resources Corporation has announced that Tonalli Energia, IFR’s joint venture (JV) with Mexican petrochemical leader Grupo IDESA, has spudded the first conventional horizontal well, (“TEC-11”), at its onshore Tecolutla block.

Improved data-capturing system increases efficiency and reduces costs.

Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the prospects for the sector.

Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint.

BHGE will acquire a five percent stake in ADNOC Drilling, valuing the business at US$11 billion, and the partnership will enable ADNOC Drilling to gain greater market access and new business opportunities

The contract is based on a master framework agreement established between Seadrill and Equinor.