Oil & gas news

Petrofac will continue to provide operations and maintenance services for Neptune Energy's Cygnus Alpha platform in the Southern North Sea for another three years.

Talos Energy has said it is "very disappointed" with the decision of Mexico's Ministry of Energy to designate Pemex as the operator of the Zama unit offshore Mexico and will explore all legal and strategic options.

The company is using Kongsberg Digital’s digital twin technology to create a virtual representation of the Ormen Lange deepwater gas field.

The module is currently on barge at Stord, Norway, and will be towed to the Johan Sverdrup field and lifted on board the riser platform by the heavy-lift vessel Sleipnir.

The Lewis Hills 3D volume is positioned in the Orphan Basin, with recent discoveries in the Flemish Pass and connecting further south to the productive Jeanne D’Arc Basin.

The Jabillo-1 well drilled by ExxonMobil in the Canje Block, offshore Guyana, did not show evidence of commercial hydrocarbons.

According to GlobalData’s latest report, ‘Bakken Shale in the US, 2021 – Oil and Gas Shale Market Analysis and Outlook to 2025’, Bakken Shale accounted for a mere 11% of oil and 2.8% of natural gas production in the US Lower 48 for 2020, which is a drop from 12% for crude oil and 3% for natural gas in 2019.

The acquisition will complement Stratagraph’s existing portfolio by adding nearly 20 mud logging units to the company’s fleet.

The project includes two blocks, 58 km2 in total, which are located 42 km offshore Mexico in the Gulf of Mexico.

The purchase from the unnamed company included 11 wireline trucks, eight offshore wireline skid units, four cranes, pipe recovery equipment and cased hole logging tools.