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Upstream drilling news

 
 
 
 
 
 
 

Pemex halting production at newly drilled wells

The announcement by Mexico's president, Andres Manuel Lopez Obrador, did not make clear how much production would be removed by the closure of new fields and whether it would exceed a 100 000 bpd quota already agreed with the OPEC+ group of producing countries.

 
 

Beach Energy cancels Otway Basin rig contract

Beach Energy and Diamond Offshore are engaging in discussions with regard to the future operations of the Ocean Onyx rig and the Victorian Otway Basin offshore drilling campaign, with a view to agreeing a new contract in due course.