Upstream drilling news

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.

This process significantly reduces the impact on the environment, when compared to historic methods.

The announcement comes a day after Petrolia, a partner in the programme along with Concedo and Idemitsu Petroleum, had said that drilling would start by 19 June.