Oil & gas news

Encana delivered strong performance in the fourth quarter of 2016, and the company now expects that its 2017 plan will exceed forecasts previously shared at its Investor Day in October 2016.

Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced – thus more than three times what was expected at the opening of the field in 1982.

The contract will cover the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms offshore Saudi Arabia. The total weight of all structures combined is 11 595 t.

Sound Energy has confirmed that: ground works at the well site are now complete; the conductor pipe was set last week ; and the 3000 HP EMSCO C3 rig, owned by Pergemine S.p.A, has been mobilised.

Expro, has strengthened its well abandonment services with the appointment of senior project manager, Bill Inglis.

Peak’s advanced flow control products and well intervention solutions will help expand Schlumberger's Production Services portfolio.

Cub Energy Inc. has announced that its wholly-owned subsidiary, Tysagaz LLC, has been granted a new production licence with additional acreage in western Ukraine.

Delek Group has provided an update related to its submission for a bid or a tender issued by the Government of Cyprus for the acquisition of exploration rights for oil and/or natural gas.

GeoPark Limited has announced the successful drilling and testing of the Tigana Sur 4 development well in the Tigana oil field in the Llanos 34 Block in Colombia, resulting in consolidated net exit production of approximately 24 400 boe/d.

Cooper Energy Limited reports that Worrior-11, an oil development well located in PPL 207 in the Cooper Basin, South Australia, has been cased and suspended after reaching a total depth of 1669 m.