Upstream drilling news

88 Energy has announced successful flow testing of the Upper SFS reservoir in the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.

APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.

Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.

Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.

PTTEP has ramped up the G1/61 Project’s sales volume to 800 million ft3/d as planned. The increased gas delivery will help minimise the impact of electricity price and enhance national energy security.

BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.

DNO ASA has announced completion of an appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.

Dril-Quip and Innovex Downhole Solutions has announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform.

The United States produced more crude oil than any nation at any time, according to the International Energy Statistics, for the past six years in a row.