Upstream drilling news

As stated at the time of submission, Energean Israel owns 100% of the Karish and Tanin Fields, which combined have 2.7 TCF of natural gas and 41 million boe of light hydrocarbon liquids, totalling 531 million boe of 2C resources.

Since the last update mud logs have indicated additional zones of significant gas shows. These have occurred even though the drilling mud weight has been increased to control the levels of background gas for safe drilling.

The Edradour and Glenlivet development will bring additional production capacity of up to 56 000 boe/d.

In early 2018 IKM Cleandrill will start their first offshore operations in the Caspian Sea, after being awarded a contract for riserless mud circulating system services by Total E&P ABSHERON BV.

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).