Upstream drilling news

The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.

Cervantes-1, an oil exploration well in the onshore Perth Basin licence L14, failed to encounter hydrocarbons.

Operated with power from the grid, KCA Deutag’s rig at the Adorf carboniferous gas field will use electrical motors in place of diesel-driven generators, removing an estimated 1000 t of CO2 emissions from the drilling operation.

The sale to Geoplex Drillteq Ltd. includes five drilling rigs.

The operations in the reservoir section are still at an early stage and it has yet to be confirmed if commercial volumes are present.

It is expected that, post-clean up, the MSD-25 infill development well will achieve a stabilised gross production rate of c.300 bpd, which is in line with pre-drill estimates.

The award for cementing services takes the total value of ADNOC’s drilling-related framework agreements and procurement awards since November 2021 to over US$8.5 billion.

The operations offshore Norway are expected to start from the end of 4Q22, upon termination of the works in which the Scarabeo 8 rig is currently engaged.

The contract, with an unnamed client, could see the harsh environment jack-up rig Maersk Resolve employed in the UK sector of the North Sea for the majority of 2022.

The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling and logging while drilling, drilling fluids, cementing and completing wells.