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Upstream drilling news

 

Mayan Energy initiates production at two US onshore wells

Mayan, the AIM listed oil and gas company, has announced the initiation of production at the Gilbreath #19 well at Forest Hill Field, Wood County, Texas and the Morris #1 well at Stockdale Field, Wilson County, Texas.

 

Wood wins new contract delivering mega-project for Saudi Aramco

The contract is part of Saudi Aramco’s multi-billion dollar Marjan Crude Increment Program; one of the company’s oil and gas mega-projects designed to enhance its energy sustainability, diversify the economy, expand gas production, and localise domestic content.

 

Faroe announce sale of 17.5% Interest in PL586 to Suncor

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has executed a transaction with Suncor Energy Norge AS for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea.

 

Total enters two exploration blocks offshore Lebanon

The blocks were awarded to the consortium of Total (operator, 40%), ENI (40%) and Novatek (20%) in the frame of the 1st offshore licensing round, launched by the Lebanese government in January 2017.

 
 

Savannah Petroleum provides update on Seven Energy production

Production levels at the Seven Assets in February have continued to strongly increase, with month to date average production being 25.7 kboepd gross and 20.7 kboepd net, largely driven by increased sales to the Calabar NIPP which are supported by a World Bank Partial Risk Guarantee.

 
 

Ocean Installer awarded decommissioning job in Mauritania

The project will be executed on a fast track, with offshore operations commencing as soon as March/April of 2018. The scope of the project includes disconnection, laydown and wet storage of flexible risers, umbilical and mooring lines from the FPSO.