The drilling programme for well 25/2-20 relates to the drilling of a wildcat well in production licence 442. Aker BP ASA is the operator with an ownership interest of 90.26%.
The Mærsk Innovator is now firmly contracted to continue drilling infill wells at the Buzzard field on the UK Continental Shelf until February 2020.
The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round is to open at an event in Houston on 10 July 2019.
The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners and Getech, have announced the re-opening of the 4th licensing round as of 21 May 2019.
S-Cube says that its XWI algorithm has the predictive power to match rock measurements pre-drilling with up to 90% accuracy.
According to Westwood's 'State of Exploration' report, exploration drilling increased by nearly 30% in 2018 compared to 2017 but performance was down, with fewer big discoveries and a lower commercial success rate.
The development project is targeting 30 million boe of gas condensate reserves from two subsea production wells in the UK Central North Sea.