Upstream drilling news

Xodus Group has won a contract with Cairn Oil and Gas of Vedanta Ltd to conduct exploration and appraisal work on its Rajasthan block in north-west India over the next two years.

The company has completed six wells and is drilling the seventh one. The average daily production exceeded 14 thousand tonnes of oil last June.

Statoil Brasil Óleo e Gas has awarded Seadrill Limited a contract for one well and one drill stem test for the West Saturn.

Lundin Petroleum has announced the successful completion of the drilling and production testing of Alta appraisal well 7220/11-4.

This includes a 41% increase in estimated development gas well completions and a dramatic 81% increase in total estimated oil well completions from year-ago levels.

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels.

Cairn Energy PLC has announced the results of the FAN South-1 well in the South Fan prospect, offshore Senegal.

Erin Energy Corporation has provided an update on its drilling operations and production levels.

Statoil has finalised an exploration drilling programme, which has not resulted in the discovery of hydrocarbons.

Conventional exploration performance has improved considerably in 2017, with commercial success rates above 50% and much lower finding costs than for the same period in 2016.