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Upstream drilling news

Noble Corp. and Pacific Drilling to merge

Pro forma for the acquisition, Noble will own and operate a high specification fleet of 24 rigs, with 11 drillships, 1 semisubmersible, and 12 jackups.

 

Beach Energy finds gas in Otway Basin

The well in licence VIC/P43 intersected a gross gas column of 69.5 m in the Upper Waarre Formation, including 62.9 m of net gas pay, with a gaswater contact intersected at 1990 m measured depth.

 
 
 
 
 
 

Oil discovery made near Johan Castberg field

Recoverable resources at exploration well 7220/7-4 in production licence 532 are so far estimated at between 5 and 8 million m3 of recoverable oil, corresponding to 31 – 50 million bbl of recoverable oil.