Upstream drilling news
Statoil: Trestakk approved
Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.
Sercel launches Sentinel HR
Sercel has launched Sentinel HR, a high-resolution solid streamer designed to meet the specific imaging needs of shallow-target applications.
LGO Energy: Spud of Well GY-683, Goudron Field, Trinidad
LGO has confirmed that well GY-683 was spudded on Friday 31 March 2017 with Rig#18 at the Goudron Field in eastern Trinidad. The well is currently drilling ahead at a depth in excess of 350 ft.
Eco Atlantic notes ExxonMobil's "Snoek" oil discovery offshore Guyana
Eco (Atlantic) Oil & Gas Ltd has noted the announcement made overnight by ExxonMobil Corporation in relation to another new oil discovery in Guyana on its Snoek Oil Prospect.
Wood Mackenzie: revival of deepwater industry - best projects closing gap on LTO plays
According to a recent Wood Mackenzie report, a leaner and more cost-competitive deepwater industry is emerging from the downturn, with the most attractive projects now competing with US tight oil plays.
Wintershall recieves consent for use of Deepsea Stavanger at Maria
Wintershall Norge AS is the operator of the Maria field, an oil and gas field at Haltenbanken in the Norwegian Sea, around 230 km from the Trøndelag coast.
Statoil makes minor O&G discovery northeast of Gullfaks
Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.
Rystad Energy: Utica production declines in 4Q 2016, but early 2017 recovery seems realistic
The latest published well production data from the Ohio Department of Natural Resources (ODNR) suggests that shale gas production in Ohio contracted by 180 million ft3/d in 4Q 2016, with only 58 new wells turned in line.
UK OGA awards 25 licences in 29th Offshore Licensing Round
The Oil and Gas Authority (OGA) has offered for award 25 licences for 111 blocks or part blocks to 17 companies in the 29th Offshore Licensing Award to enable further exploration and production across frontier areas of the UK Continental Shelf (UKCS).
Halliburton introduces SPECTRUM FUSION coiled tubing service
Hybrid coiled tubing services combine diagnostic and intervention capabilities in a single trip downhole.