Upstream news

Churchill Drilling Tools' dart activated HyPR HoleSaver was used to sever the drill string and plug and abandon the section.

The agreement secures for the company immediate access to up to 90 000 bbl of storage capacity at Georgian Oil and Gas Corporation's main facility near the town of Sartichala, located some 30 km from West Rustavi.

The Zama appraisal programme in Block 7 in Mexico's Sureste Basin is operated by Talos in a consortium with Sierra Oil & Gas and Premier Oil.

The Rabul-7 development well was drilled to a total depth of 5323 ft and encountered approximately 134 ft of net heavy oil pay across the Yusr and Bakr formations, with an average porosity of 18%.

The contract will see the Netherlands-headquartered business supplying a 2 in. ID 345 psi rated Gas Lift Jumper to support the independent E&P company’s operations in the Guillemot field, approximately 175 km east of Aberdeen.

GulfSlope Energy will retain and deploy a supra salt evaluation team consisting of three geoscientists and a manager to identify, evaluate and recommend targets for lease acquisition, farm-in and drilling.

The contracts are for a two-well project in Block 10 and 29 in the Gulf of Mexico.

The exploration well 208/02-1 on the Lyon Prospect in Licence P1854 in the West of Shetland, UK, has been plugged and abandoned.

DP World's acquisition of Topaz Energy & Marine from Renaissance Services SAOG and Standard Chartered Private Equity / Affirma Capital is for an enterprise value of US$1079 million.

The increase in medium crude from Brazil will be one of the few sources of non-US supply growth this year, says ESAI Energy's Latin America Watch.