Upstream drilling news

Well 7325/4-1 is in the Hoop area in the Barents Sea, around 275 km from Nordkapp and 200 km from Bjørnøya (Bear Island).

Exxon Mobil has announced positive production well test results from the Muruk 1 sidetrack 3 well in the Papua New Guinea North Highlands located about 13 miles (21 km) northwest of the Hides gas field.

The well is to be drilled in a prospect named Carmen in block 6507/8 at Haltenbanken. The site is 222 km west of Brønnøysund in Nordland county and 10 km north-east of Heidrun.

UK Oil & Gas Investments PLC has announced that 13 ? in. steel casing was set and cemented successfully over the 855 ft thick Weald Clay section on its 100% interest Broadford Bridge-1 Kimmeridge Limestone exploration well.

Touchstone Exploration Inc. has provided an operational update with respect to the company’s 2017 drilling campaign and recompletion programme.

The percent of horizontal rigs in the Permian grew from 14% in January 2013 to 27% in January 2015. Now, the Permian accounts for over 42% of the active horizontal rigs in the US land market.

Postle Industries has developed a cost-saving procedure for re-application of hardbanding that promises cool tool joint internal diameters and protects the Internal Plastic Coating (IPC).

The DAV MX™ circulating sub from Churchill Drilling Tools, an oilfield service company specialising in drilling innovation, has been used to significantly cut process time and costs for two challenging deepwater cementing operations, without compromising string functionality.

Transocean Ltd. has announced that it has completed the previously disclosed transaction to sell its jackup fleet to Borr Drilling Limited for a total consideration of approximately US$1.35 billion.

Cooper Energy has announced that Callawonga-18, an appraisal and development well drilled by the PEL 92 Joint Venture in PPL 220, is being cased and suspended as a future oil producer.