Oil & gas news

Well construction specialist, DeltaTek Global, has announced the key appointment of Chris Johnstone as Operations Supervisor.

The company has signed a service agreement for the provision of an advanced downhole perforation technology with a proven record of significantly enhancing recovery rates.

The company has announced that drilling at Indico-1 well on the CPO-5 block has reached target depth of 10 604 ft measured depth and has encountered the targeted Lower Sands of the Une formation.

The company has announced that following receipt of necessary approvals, the sale of its interests in the Babbage Area to Verus Petroleum SNS Ltd has now completed.

Afoxé discovery is a further confirmation of the oil exploration potential still held in southern part of Block 15/06, previously considered mainly gas prone.

The TE-10 well will test the North East Lakbir prospect in the Company's Greater Tendrara permit, and is located approximately 25 km to the northeast of the recently awarded Tendrara production concession.

The Ministry of Petroleum and Energy has approved the plan for development and operation of the Troll Phase 3 development.

The company and its licence partners have submitted the report to the Ministry of Petroleum and Energy, with a final investment decision due early in 2019.

The Paus Biru-1 exploration well has resulted in a gas discovery.

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to provide an update on its initial work programme focused on achieving a 25 fold increase in production at its Norio oilfield to 250 bpd by H1 2019.