Upstream news
Magseis Fairfield awarded OBN survey in Gulf of Mexico
The duration of the survey is approximately four months and will be executed in 2021 using the company's ZXPLR deepwater ocean bottom node technology.
GlobalData: growth of US shale industry will hinge on discipline of operators with their capital budgets
The majority of operators have stated that they are planning to operate within free cash flow to fund their future capital expenditures, which means that the next few years of oil and gas production growth in the US will hinge on the discipline of operators with their capital budgets, says GlobalData.
Oil prices fall on gasoline stocks and AstraZeneca vaccine concerns
Oil prices fell today as a result of a steep rise in gasoline stock levels in the US and concerns over the AstraZeneca vaccine future usage.
Halliburton and Optime Subsea form alliance
The alliance will apply Optime’s Remotely Operated Controls System to Halliburton’s completion landing string services.
Production start-up at Santos Basin project delayed
Production start-up at the Mero 1 field has been delayed from 4Q21 to 1Q22.
Ithaca Energy sanctions Captain Field EOR project
Ithaca Energy has sanctioned EOR Stage 2, the next phase of development at the Captain Field in the UK Central North Sea.
Ambyint and Microsoft partner on production optimisation
The partnership will provide E&P companies with solutions that optimise rod lift and plunger lift wells.
ChampionX to deploy non-toxic chemicals for two North Sea operators
The company’s environmentally acceptable corrosion inhibitor product line has been developed to enable E&P organisations to economically extend the life of their assets in a sustainable way.
ADM Energy completes 15th lifting at Aje field offshore Nigeria
The lifting totalled 225 000 barrels with a net share of 27 675 barrels to ADM, which equates to ADM's paying interest of approximately 12.3%.
LYTT launches real-time well and reservoir data visualisation dashboard
spotLYTT™ livestreams reservoir insights from acoustic and temperature data sourced from fibre optic sensors alongside time-series data to users anywhere in the world via the cloud.