Upstream drilling news

The Topaz Driller has been contracted to perform drilling services offshore Montenegro for 180 days.

The Performance Live service provides customers with instant access to data and collaboration with domain experts, enabling faster, more informed decision making for directional drilling, well logging, formation testing and other oil and gas operations.

The FPSO operating the well has the capacity to process up to 150 000 bpd and treat up to 6 million m3 of natural gas.

The platform enabled the customer to automate production monitoring, analysis, and optimisation asset-wide for 1700 electric submersible pump wells.

The agreement also establishes a framework where Proserv and Dril-Quip may pursue joint marketing and collaboration efforts, with Dril-Quip providing subsea trees and Proserv providing subsea controls.

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wells 6607/12-4 and 6607/12-4 A .

The GNN discovery, which contains an estimated 260 million bbl of oil in place, is located in the Geisum and Tawila West concession.

Exploratory drilling has begun at the Shirotno-Rakushechnaya prospect structure, located to the north of the V.I. Grayfer field in the North Caspian Sea.

Spirit Energy has received permission to drill a wildcat well in production licence 780, about 5 km north of the Ivar Aasen field in the central part of the North Sea.

High exploration and production costs in China are undoubtedly driving the companies to take preventive measures by slashing planned investments and cutting operational expenditures.