Upstream drilling news

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.

The well is located to the west of the Snorre field in the Northern North Sea, in a block operated by Neptune Energy.

Wells 35/11-24 S and A will be drilled from the West Hercules drilling facility.

The backlog, which will likely increase in June, is equivalent to about two years of fraccing at the current pace, according to Rystad.

Strike Energy and Warrego Energy, the operators of the West Erregulla gas field in Western Australia, have entered a long-term contract with Ensign Energy Services for the provision of drilling services with the Ensign 970 drilling rig.