Upstream news
Santos receives approval for onshore shale gas exploration in Australia's Northern Territory
The approval relates to the Tanumbirini 2H and Inacumba 1/1H wells in Exploration Permit 161 in the McArthur Basin, east of Daly Waters.
Eni finds gas and condensate offshore Vietnam
The exploration well, located in block 114, Song Hong Basin, offshore Vietnam, has proven the presence of gas and condensate in the Ken Bau prospect.
Munro's Travel secures business travel contract with Archer
The two-year contract with Archer (UK) Ltd will see Munro’s Travel provide a full travel management service, including their in-house passport and visa service.
Clariant announces 1H19 results
The chemical company has announced sales from continuing operations grew by 4% in local currency in 1H19.
Equinor announces 2Q19 results
The company has reported adjusted earnings of US$3.15 billion and US$1.13 billion after tax in 2Q19.
URTeC delegates warned of risk to Permian production from produced water
Ryan Duman, Senior Analyst at Wood Mackenzie, highlighted the growing expense of water management in the basin and the issue of handling wastewater produced by completed wells.
Sparrows Group receives ABS certification
The accreditation for Sparrows Group's US business is for Dropped Objects Risk Inspection and Program Audits.
PW Power Systems gas turbine mobilised by US Well Services
PWPS delivered its first unit to USWS in late 2018, and it was mobilised to the first well pad in January 2019.
McKinsey report: US gas to hit below US$3/mmbtu in the next ten years
The report reveals US gas economics will reach below US$3/mmbtu in the next ten years due to ample supply, which will support North American gas exports and unlock further demand growth domestically.
Fotech technology enhances downhole imaging capabilities
The Helios Quasar solution is designed to provide more meaningful seismic and microseismic data.