Upstream news

Baron Oil and its partners, Corallian Energy and Upland UK, have been formally awarded blocks by the UK Oil & Gas Authority following the UK 31st Offshore Licensing Round.

The company has provided an update on its onshore European oil and gas project operations.

Developed to operate in hostile environments up to 325°C (617°F), the UHT Dimension tool provides two continuous independent perpendicular measurements (X and Y) of the internal diameter of the casing.

Miller will be based in Houston and will focus on business development within the energy and private equity sectors.

The project saw Welaptega use its new edge tracking data system and its patented CMS technology to inspect the mooring system of BP’s PSVM FPSO, which is situated in Block 31 offshore Angola.

During the contract period, Maersk Drilling will complete upgrades to the Maersk Intrepid to turn the jack-up into the first hybrid, low-emission rig.

The waterflood project is Chevron’s first in the deepwater Wilcox trend and is expected to contribute an estimated ultimate recovery of more than 175 million boe.

Perenco has bought Petrofac's remaining 51% interest in its operations in Mexico.

The company will work with BP to drill and evaluate the Puma West prospect , while it has acquired from ExxonMobil the Hershey prospect.

The survey is taking place in the MSGBC Basin, with fast-track data available four months after acquisition.