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Upstream drilling news

 

Karoon Energy to plug and abandon Peru deepwater well

Mudlogging and LWD logging results from the Primary targets in the Tumbes Formation indicated that the Marina-1 well encountered thin water bearing sands with no oil and only minor gas shows.

 

SDX Energy begins drilling at South Disouq in Egypt

Salah is expected to a reach its targeted depth of approximately 9000 ft in late March/early April and is targeting gross P50 unrisked prospective resources of c.71 billion ft3 equivalent, as estimated by management.

 
 
 
 
 

Norway may limit access to Arctic resources

Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to which companies can go north in search of oil.