Clontarf Energy acquires 10% of Sasanof Prospect, offshore western Australia
The company plans to drill the main target horizon, the Sasanof-1 Well, in this prospect during May/June 2022.
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The company plans to drill the main target horizon, the Sasanof-1 Well, in this prospect during May/June 2022.
Strong initial performance from new Gulf of Mexico production and onshore wells, balance sheet strengthening with debt reduction announcement, and increasing shareholder returns.
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Petrofac has been appointed by PDC as the Decommissioning Services Provider in a contract valued at around US$200m.
The ONE Future Coalition is a group of more than 50 natural gas companies working together to voluntarily reduce methane emissions across the natural gas value chain to 1% (or less) by 2025.
The company has secured new renewable electricity supplies for its operated assets in Germany, reducing emissions by more than 11 000 t of CO2 per year.
The companies aim to expand the toolset for real-time quality control of stimulation performance with a focus on maximising value to E&P operators.
New geopolitical risk measure designed to gauge oil market sentiment and understand price beyond fundamental forecasts.
The rig acquisition is expected to create around 100 jobs in a variety of onshore and offshore roles.