Upstream drilling news

The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.

Sintana Energy Inc. has provided the following further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.

Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.

Under the agreements, Eni will be able to explore the area for up to 9 years.

The 35% y/y surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos Fiscales (YPF) and bolstered by local independent producers.

Union Jack Oil plc, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company has announced a positive drilling update in respect of the Taylor 1-16 well, located in Seminole County, Oklahoma, USA, in which Union Jack holds a 45% working interest.

GeoPark has announced that it has signed agreements to acquire Repsol upstream oil and gas assets in Colombia.

Gran Tierra Energy Inc. has announced exploration success in Ecuador and a strategic joint venture transaction and partnership to accelerate value in high-impact Canadian Montney oil play with Logan Energy Corp.

Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company.

Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand.