Upstream news

Petroteq management is confident that operational costs and related discounts will be much lower than the discount on Canada's heavy crude, which reached a nearly five-year high last week.

United Oil & Gas Plc has announced that the fast track version of the recently acquired 3D seismic dataset over the Walton-Morant licence, offshore Jamaica, has been delivered by the operator, Tullow Jamaica Ltd.

His role will focus on developing and introducing new DNV GL services to the owners and operators of the gas network infrastructure.

Lone Star provides data analysis software and services which enables users to make quicker and more effective decisions based on accessible data.

The importance of the project was highlighted by the attendance of several high-level officials, including HE Jabbar Al-Luaib, the Minister of Oil of Iraq, at the agreement-signing ceremony.

The 145 square mile San Simon 3D survey, one of three ongoing surveys in the Delaware Basin, expands Fairfield Geotechnologies’ regional coverage in the Greater Delaware Basin to 4700 square miles.

Pathfinder Field’s contingent resources increases to 540 billion ft3 of gas & 54 million bbls of oil

The business has taken on 30 people in the last year and plans to recruit up to 20 by the end of the year across engineering, management and technical disciplines following new international contracts.

Secured under a long-standing master services agreement, this latest contract extends Wood’s 35-year relationship with Woodside across their asset portfolio.

The Shell-operated Brent field, is located 115 miles east of the Shetland Islands, in 140 m water depth, and has been in production since 1976.