Upstream drilling news
Equinor makes CAPEX cuts
US onshore drilling and completion activities are being halted by Equinor.
EnQuest to halt production at two North Sea fields
The two affected sites are the Heather and Thistle/Deveron fields.
Dolphin Drilling to carry out North Sea campaign for i3 Energy
i3 Energy will utilise either the Borgland Dolphin or Blackford Dolphin semi-submersible drilling rig for a minimum 82-day programme.
Hess downsizes 2020 capital and exploratory budget
The reductions to the company’s 2020 capital budget will be primarily achieved by shifting from a six rig programme to one rig in the Bakken, which is expected to be completed by the end of May.
Gulf Keystone Petroleum suspends drilling activities at well in Iraqi Kurdistan
Drilling activities at the SH-13 well have been suspended due to Covid-19.
Equinor granted drilling permit for North Sea well
Well 35/10-5 will be drilled from the West Hercules drilling facility.
US drilled but uncompleted wells first to feel oil price shock, says Rystad Energy
A Rystad Energy impact analysis shows that US drilled but uncompleted wells will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices.
Esso Australia drilling gas wells in West Barracouta
The company anticipates West Barracouta gas flowing to the Australian domestic gas market by early 2021.
Logan Industries to provide condition-based monitoring for Diamond Offshore’s wireline tensioners
Logan will provide turn-around upgrade and repairs to a fleet of wireline tensioners onboard five active drilling and completion vessels.
Shelf Drilling receives extension on jack-up rig for Egypt operations
The contract extension is for the Trident 16 jack-up rig, which is operating in the Gulf of Suez offshore Egypt.