Upstream drilling news

Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of US$3.0 billion.

Egdon Resources plc has announced that it has now completed the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area.

Lundin has received consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field.

Pantheon confirms that the VOBM#2H sidetrack well, Polk County, onshore East Texas, has been drilled to a total measured depth of ~16 450 ft and will now be completed ahead of testing.

Subsea 7 has won the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil. (Image: Maersk).

AzEire Ltd., the Ireland focused oil and gas exploration company has announced that it has been awarded an extension to its 100% working interest FEL 1/13 Licence in the Porcupine Basin.

Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordland county. The field has been developed using a floating production and storage unit, tied to the well templates on the seabed. Water depth at the Norne field is 380 m.

Aberdeen-based Zilift, has achieved more than one year’s production from its TorqueDrive technology in a cyclic steam operated, previously sub economic, well in California.

Hawkwood Energy, has announced that it has reached a definitive agreement for its wholly-owned subsidiary Hawkwood Energy East Texas, LLC to acquire producing and non-producing assets from subsidiaries of Halcon Resources for US$500 million.

Fluor Corporation has announced that it was awarded a two-year engineering services framework agreement with North Caspian Operating Company (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region.