Upstream drilling news

Lundin Petroleum AB has announced that Statoil AS has completed the Korpfjell exploration well 7435/12-1 in PL859 in the southeastern Barents Sea. The well proved a small, non-commercial gas discovery.

The Goanna licence is located in the northern part of the Norwegian North Sea, near the border with the UK and adjacent to the giant producing Statfjord and Snorre fields.

Sacramento Basin-focused natural gas developer and producer, Sacgasco Limited has advised that the Dempsey 1-15 well in the Sacramento Basin in California is drilling ahead in the 8 ½ in. vertical hole.

Nexans AmerCable has launched a new category in top drive services loops. AmerLink 'jacketed' loops have a mould -cured outer jacket and are lighter, more flexible, smaller and have a significantly longer service life.

Despite a slowdown in the number of rigs being added in the shale basins, output targets will be met or exceeded as producers are adding to their hedged positions, according to ESAI Energy’s recently released North America Watch.

Wireline and mud logs have confirmed 4 zones of interpreted gas saturated sandstones at field production levels (depths from approximately 1000 metres (3300 ft) to 1560 m (5100 ft).

Sanchez Energy Corporation has announced that it has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately US$105 million in cash.

These two drilling contracts are to be deployed in PetroChina’s CBM (coal bed methane) Blocks - Fanzhuang and Anze - within Shanxi Province and are estimated to have an aggregate value of at least US$2 million.

Hyperdynamics Corporation has provided an update on the drilling status on the Fatala-1 exploration well offshore the Republic of Guinea as it nears completion of the initial portion of the well.

The company has received permission from the Oil and Gas Authority (OGA) to drill and then produce the Lidsey-X2 horizontal production well at its Lidsey production oilfield, license PL 241.