Upstream drilling news

Production at the Liza Unity FPSO vessel is expected to reach its target of 220 000 barrels of oil later this year.

The Noble Tom Prosser jack-up drilling rig has completed the move to the Pavo-1 well location offshore Western Australia and has concluded the jack-down and other pre-drill operations.

Drilling is expected to commence within the next week after allowing for towing and set up.

The extended contract covers 2 drilling rigs, 13 workover units and 13 pulling units on Pan American’s Cerro Dragon field in the Golfo San Jorge basin in southern Argentina.

The well was drilled about 65 km northwest of Florø and about 60 km north of Gjøafeltet in the northern part of the North Sea.

Wireline logging operations have been completed on the well, with the oil column deemed to be residual and uncommercial.

The Theta West #1 well on Alaska's North Slope is targeting two primary targets which combined are estimated by the company to contain 12.1 billion barrels of oil in place with an estimated 1.4 billion barrels of recoverable resource.

The contract is expected to commence in July 2022, with a duration of 21 months.

Drilling operations have been completed on the Anchois gas project within the Lixus licence, offshore Morocco.

Valaris has been awarded two one-well contracts by Murphy Oil Corp. for semisubmersible VALARIS DPS-5.