Upstream news
ADNOC Drilling and Alpha Dhabi’s joint venture Enersol to acquire Deep Well Services
The agreement has been signed to acquire 95% equity stake in Deep Well Services for US$223 million, in support of Enersol’s growth plans.
Eni announces completion of sale of Alaska upstream assets to Hilcorp
Eni has announced that it has achieved the closing for the sale to Hilcorp of 100% of the Nikaitchuq and Oooguruk assets owned in Alaska for a value of US$1 billion.
Touchstone exploration announces initial production from Cascadura C
Touchstone Exploration Inc. has announced initial production from the Cascadura C well pad.
Improving well integrity and oilfield efficiencies through biocide deployment in the Permian Basin
Macy Ayala and Irwan Yunus, Champion X, discuss how, as the oil and gas industry continues to face increasing costs and sustainability requirements, new methodologies and technologies that support more efficient production are required. This is particularly true within the hydraulic fracturing (fracking) industry, which is continuing to grow globally.
EIA: Share of natural gas production in US tight oil plays increased over the last decade
According to the EIA, natural gas comprised 40% of total production from the Bakken, the Eagle Ford, and the Permian compared with 29% in 2014.
Linde selected by NEXTCHEM to supply new carbon capture technology to ADNOC’S Hail and Ghasha project
Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to Abu Dhabi National Oil Company’s (ADNOC) Hail and Ghasha project.
Panoro Energy announces it has signed agreements for blocks Niosi and Guduma offshore Gabon
Panoro Energy ASA has announced that following the provisional award of a 25% participating interest in exploration blocks Niosi Marin (previously G12-13) and Guduma Marin (previously H12-13) offshore shallow water Gabon, final terms have been agreed with the Government of Gabon and the Company has signed Production Sharing Contracts covering the two blocks
Sustaining the pressure
Neil Wilson, Expro, UK, outlines a new intervention system for treatment of sustained annulus pressure.
Deltic Energy confirms gas discovery at North Sea Selene prospect
Deltic Energy Plc, AIM quoted natural resources investing company, has provided an update on drilling operations at the Selene prospect in the UK Southern North Sea.
TotalEnergies announces first oil from third development phase of Mero field offshore Brazil
TotalEnergies has announced first oil from the third development phase of the Mero field on the Libra block, located 180 km off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin.