Upstream drilling news

IFR and SIMMONS EDECO will work together to pursue oil and gas opportunities in the Mexican market primarily focused on upstream oil and gas.

IKM Production Technology UK has been awarded a 12-month contract to support CNOOC Petroleum Europe with the provision of slops treatment services.

The existing US$50 million bank delivery financing for the rig will be replaced with a new US$100 million take out facility maturing in 31 December 2021.

Faithful+Gould and Atkins have been awarded the pre-final investment decision upstream facilities and shared project management team services for the Zama development project from Talos Energy Inc.

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.

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.

The ultra-deepwater drillships Noble Bob Douglas, Noble Tom Madden and Noble Don Taylor, which are currently executing drilling assignments for ExxonMobil offshore Guyana, are included in the framework agreement, and other drilling rigs may be added to the agreement.

Gaffney Cline and Associates has been commissioned by the operator on behalf of the Duyung PSC partners to update its view of the Mako field.

Rystad Energy has predicted that of the top 30 high-impact wells to be drilled in 2020, five are located in North America, seven in South America and six in Africa.

Grupo R is to lease the La Muralla IV platform for Shell to operate in the deepwaters of the Gulf of Mexico.