Upstream news

According to EIA, An average of 13.4 million bpd of crude oil was produced in the United States during August 2024, a new record according to data from EIA.

Kent, a provider of engineering and project management services in the energy sector, has been awarded a contract for engineering services by BASF to support the company’s gas treatment initiatives in the UAE.

QatarEnergy has entered into an agreement with TotalEnergies to acquire an additional 5.25% interest in block 2913B (PEL 56) and an additional 4.695% interest in block 2912 (PEL 91), both located in the Orange Basin, offshore Namibia.

Falcon Oil & Gas Ltd. has announced the spudding of the Shenandoah S2-4H horizontal well (previously referred to as the SS3H well) in exploration permit 98 in the Beetaloo Sub-basin, Northern Territory, Australia with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

Glamox wins smart lighting contracts for new hi-tech North Sea oil and gas platforms.

bp has announced that it has been awarded the NCMA 2 block offshore Trinidad as part of the Shallow Water 2023/24 bid round that closed in May 2024.

Cameron Devers, Tyler Abla, and Gage Russell, Taurex Drill Bits, USA, delve into the use of computer vision for PDC cutter damage classification, demonstrating how advanced image analysis is transforming the field.

ExxonMobil Exploration & Production Suriname B.V. has formally notified Suriname’s national energy company, Staatsolie, that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.

DUG Technology has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.

The acquisition increases LandBridge holdings to roughly 272 000 surface acres.