Upstream drilling news

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for wells 6608/10-18, 6608/10-18 A and 6608/10-18 B, cf. Section 15 of the Resource Management Regulations.

Central Petroleum Limited announces that drilling continues without incident and is currently at 2274 m MD, with another 700 m to go. Logs will be run from 2360 m MD to evaluate completion options in the Lower Stairway 2.

Serica Energy plc has announced the submission of a Field Development Plan (FDP) for the Columbus Development.

Subsea 7 has announced the award of a substantial contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2 project, 150 km offshore Angola in water depths from 800 to 1000 m. 

Conglomerates and domestic independents among most active resource acquirers in region.

The company has announced the acquisition of an additional 20% interest in the highly prospective 36.5 km2 West Rustavi licence in Georgia, increasing its working interest (‘WI’) to 25%.

Equinor Energy AS, operator of production licence 120, has completed the drilling of wildcat well 34/8-19 S.

IKM have announced that Equinor has awarded IKM Subsea a services contract for ROV’s on at the Johan Sverdrup platform commencing Q3 2018.

Aquaterra Energy, a leader in global offshore engineering solutions, has been selected by Equinor to deliver early well construction operations, via its Well Start solution, for the Johan Sverdrup field. 

Well lateral lengths in the Permian have increased in average by more than 1500 ft since 2016 to approximately 7500 ft by the end of 2017, says GlobalData.