Upstream drilling news

IEC now plans to conduct stimulation work and commence production from the Kruh 26 and Kruh 25 wells in October 2021.

The two wells, north of the Edvard Grieg field, have confirmed a combined updated gross resource range of 12 – 60 million boe.

Halliburton will collaborate with Energean to deliver exploration, appraisal, and development wells offshore Israel.

The job was completed as the Stena Carron ship sailed from the Caribbean to a position off the Guyana coast, where it is currently carrying out drilling operations.

The drilling programme for wells 35/10-7 S and A relates to the drilling of a wildcat well and an appraisal well.

Chariot will use the Stena Don rig for the planned Anchois gas appraisal well.

Offering and price range are expected on 13 September, and the final offer price will be set on 27 September.

Demand for land rigs is estimated to return to pre-pandemic (2019) levels by 2025, according to analysis by Westwood Global Energy Group.

The potential of the discovery can be preliminarily estimated at between 1.5 and 2 billion barrels of oil in place and between 1.8 and 2.4 trillion ft3 of associated gas.

The Sapote-1 prospect is located in the south eastern section of the Canje Block, operated by ExxonMobil.