Axxis Geo Solutions completes OBN survey in Middle East
The project's crew is now demobilising to the North Sea for work in late 2Q20.
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The project's crew is now demobilising to the North Sea for work in late 2Q20.
A joint venture, including PTTEP, Petronas, Repsol and Wintershall Dea, made the discoveries in the Salina Basin.
Ascent Resources is currently the only London-listed company to venture into the Cuban oil and gas market.
The survey has gathered over 6100 km2 of seismic data from the Papuan Basin.
The two wells drilled and completed in Block B-80 are expected to have an average production of 8000 bpd.
A Rystad Energy analysis shows that global E&P revenues are now forecasted to fall by about US$1 trillion in 2020, a drop of 40% to US$1.47 trillion from last year’s US$2.47 trillion.
Wildcat well 30/6-31 S encountered poorly developed sandstones in the Intra Heather Formation with poor reservoir quality and no traces of petroleum.
Fenja is Neptune’s first operated development project on the Norwegian Shelf and is estimated to contain 97 million boe.
The decision document, received on 24 April from the UK Environment Agency, grants a variation to the permit for the West Newton A site and associated WNA-2 testing operations.
Pre-Stack Pro enables users to fully leverage 100% of their seismic data using advanced tools for AVO processing and quantitative amplitude interpretation.
The government has proposed an extension of the so-called ice edge boundary to the constantly changing southern fringe of the permanent ice sheet.
The company is reducing its 2020 CAPEX and cold-stacking two vessels in 2Q20.