Upstream drilling news

The agreement has been signed to acquire 95% equity stake in Deep Well Services for US$223 million, in support of Enersol’s growth plans.

Touchstone Exploration Inc. has announced initial production from the Cascadura C well pad.

Mineral Resources has reached an agreement with Hancock Prospecting on gas and oil assets in the onshore Perth and Carnarvon basins.

Panoro Energy ASA has announced that following the provisional award of a 25% participating interest in exploration blocks Niosi Marin (previously G12-13) and Guduma Marin (previously H12-13) offshore shallow water Gabon, final terms have been agreed with the Government of Gabon and the Company has signed Production Sharing Contracts covering the two blocks

TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 km off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin.

wel-lok™ technology now deployed in more than 20 countries across the world.

Epsilon Energy Ltd. has reported the signing of definitive agreements to form a joint venture in the Garrington and Harmattan areas of Alberta, Canada, in the Western Canadian Sedimentary Basin.

Strike Energy has announced exceptional production testing results of the Kingia Sandstone gas discovery at Erregulla Deep-1, with strong flow rates and one of the highest flowing pressures ever measured in the basin.

Drilling will commence in the first half of 2025 and be complete in 2026, with the first wells coming onstream by the end of 2025.

With this expansion, TGS will add to the conventional 3D seismic data of the existing Benin MegaSurvey.