Upstream drilling news

Triangle Energy (Global) Ltd has provided an Operations Update on its Cliff Head Oil Field (Cliff Head; 78.75%) assets.

UK Oil & Gas Investments PLC has been informed by its 100% owned subsidiary Kimmeridge Oil & Gas Limited (KOGL) that Oil and Gas Authority consent for flow testing its Broadford Bridge-1/1z (BB-1/1z) oil discovery has been extended to the end of March 2018. 

With an East Coast gas crisis looming, a significant new gas field has just been proved up in Central Queensland and could prove invaluable in helping to alleviate a forecast domestic market shortfall of about 50 Petajoules (PJ) a year.

McDermott International, Inc. has been awarded a detailed engineering and long lead procurement services contract from BP Trinidad & Tobago, LLC (bpTT) for the Cassia C Compression Platform, located 40 miles (65 km) off the southeast coast of Trinidad and Tobago.

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 7220/11-5 S, cf. Section 15 of the Resource Management Regulations.

Borders & Southern, the London based independent oil and gas exploration company with assets offshore the Falkland Islands, announces the results of an independent evaluation of the Darwin East discovery and the adjacent Darwin West untested fault block.

SDX Energy Inc., the North Africa focused oil and gas company, has spud its SAH-2 development well on the Sebou permit in Morocco.

TAG Oil Ltd. has provided the following update with respect to TAG Oil’s operated Pukatea-1 exploration well located in the Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki Basin of New Zealand.

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, is has announced that the Saipem 12000, a sixth generation ultra-deepwater drillship, has commenced its mobilisation to drill the RD-1 well on the Rabat Deep Permits in Morocco.

FAR Ltd has signed a Farm-out Agreement (FOA) with a subsidiary of Petroliam Nasional Berhad (PETRONAS) to assign a 40% interest in each of the highly prospective offshore petroleum licences, Blocks A2 and A5 in The Gambia. FAR is to retain a 40% interest in each of the licences.