Upstream drilling news

SDX Energy Inc., the North Africa focused oil and gas company, announces that the KSS-2 well on the Sebou permit in Morocco was drilled to a total depth of 1293 m encountering 8 m of high quality reservoir interval in the Gaddari and Guebbas sequences with an average porosity of 30%.

This significant find marks the first documented occurrence of ‘live’, or flowing, oil from onshore Jamaica and will be of particular interest to oil explorationists focused on Central America and the Caribbean.

Po Valley Energy Limited has reported an upgrade of its oil and gas reserves and resources for its 100% owned subsidiary Po Valley Operations Pty Ltd (PVO) as part of the release of an extensive Competent Persons Report (CPR) prepared on PVO, Po Valleys 50% owned Saffron Energy Plc (Saffron) and Appenine Energy. The CPR has been lodged in full with the ASX in conjunction with this release.

Noble Energy, Inc. announced it has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt. 

The technology group Wärtsilä and the global drilling contractor Maersk Drilling have joined forces in a unique co-operation to create a 25 year thruster maintenance strategy for Maersk’s three semi-submersible rigs and four drillships.

Total S.A. (Total), Borealis AG (Borealis) and NOVA Chemicals Corporation (NOVA Chemicals) have announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.

T-45, the first well of current three well drilling programme at the Taribani Complex of Block 12 in Georgia, has now been drilled to a target depth of 2700 m, in the Eldari Formation.

Mosman identified the development potential would be to drill horizontal wells which it expected would increase both Reserves and production.

Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil. Preliminary analysis indicate a discovery size of 30 - 60 million boe, which is significantly more than the company’s pre-drill estimates of 3 - 21 million boe.

On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20% stake in Abu Dhabi’s offshore SARB and Umm Lulu concession.