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The major oil plays within the L48 region include the Permian, Bakken, Eagle Ford and DJ basins. Together, they are expected to cumulatively produce around 7.5 million bpd of crude oil in 2022.
ExxonMobil’s stake in Chad and Cameroon, previously estimated at US$360 million, contains fields producing 33 700 bpd.
Tracerco, part of Johnson Matthey Plc, has announced the launch of its cloud-based platform that will provide customers with a platform to virtually visualise all scanning projects across the globe.
The UK government is potentially facing three separate legal challenges as Greenpeace, Friends of the Earth and Uplift seek to stop up to 130 new oil and gas licences from going ahead.
The call for tenders to secure the drilling rig has been launched and should lead to a selection of the rig in the first quarter of 2023.
The contract, which is worth US$250 000, is scheduled for the first quarter of 2023 and expected to take around a month to complete.
ChampionX is first company to receive new annual supplier recognition award based on performance, service quality, and responsiveness.
Cassia C is expected to produce, at peak, about 200 – 300 million standard cubic feet a day of gas.
The analysis found that, on average, UK production in the North Sea was nearly three times more GHG intensive (23 kgCO2e/boe) than Norwegian production (8 kgCO2e/boe).
The discovery is located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia.
The discoveries were proven in 2017 and 2020 respectively and contain a total of 36.3 million bbl of recoverable oil equivalent.
Offshore drilling operator Valaris has confirmed it has renewed, for an additional three years, the service agreement it has in place with survival technology solutions provider, Survitec.