Upstream drilling news

Utgard is a gas and condensate field on Norwegian and UK continental shelf while Byrding is an oil and gas field north of the Troll field.

One year after the licence award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million bbls.

Farm-out of 10% interest on 2 for 1 promoted basis with farm-out option of further 10% on promoted basis. Dempsey-1 scheduled for drilling in April-May 2017, targeting 1 trillion ft3 conventional reservoir gas underneath a producing field.

As President Obama leaves the Oval Office on Friday, he leaves a legacy of mixed fortunes for the energy industry.

The Willow discovery wells, Tinmiaq 2 and 6, were drilled in early 2016 and encountered 72 ft and 42 ft of net pay, respectively, in the Brookian Nanushuk formation.

Aker BP ASA increases reserves and maintains good results in exploration, drilling and wells, projects and production.

Hess Corporation announced positive results from the Payara-1 well offshore Guyana, which is the second oil discovery on the Stabroek Block following the world-class Liza oil discovery in 2015.

Finalists for the 2017 Offshore Achievement Awards, sponsored by TAQA, have been announced today (Friday 13 January).

Cooper Energy reports the acquisition of the Victorian gas assets of Santos Limited announced to the ASX on 24 October 2016 has been completed for all except the 10% interest in the Minerva asset.

The iFMS is a modular, software-based management system designed for planning, data capture, analysis and reporting of activities related to the inspection, maintenance and testing of bolted joints and pipework.