Wood Mackenzie: New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade
The global oil and gas exploration sector had its strongest year in 2022 in more than a decade according to Wood Mackenzie.
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The global oil and gas exploration sector had its strongest year in 2022 in more than a decade according to Wood Mackenzie.
TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.
The company has been awarded a multi-million-dollar contract for the supply of an 80 000-channel nodal acquisition system in the Middle East.
The company’s strategic growth plans follow on from a successful year which saw the company establish new bases in Brazil and Australia and grow its global headcount by more than 30%.
The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialised physical and digital services, representing a volume of supply above 110 kt of products and accessories.
The well is being drilled by KCA Deutag, with final depth of around 4700 m expected to be reached in June this year.
The first contract, in partnership with Aker Solutions do Brasil, has been awarded by Total Energies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oilfield in the Santos Basin in the South Atlantic.
Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.
The Uaru field development award marks Strohm’s largest order.
Each participant in the SoG Training Courses will gain expertise in functionality tests, best practices, configuration, troubleshooting, certificate of attendance and compliance.
Assets to be acquired include production from over 1230 horizontal wells, 157 line of site wells, and 44 permitted wells all in the core of the Haynesville Shale.
The company and partners Wintershall Dea and Petoro have made a commercial gas discovery in production licence 1128, estimated at between two and eleven billion standard cubic metres of recoverable gas, or about 12.6 – 69.2 million barrels of oil equivalent.