Upstream news

Cadogan Petroleum plc, an independent, oil & gas company listed on the London Stock Exchange, has announced that production from the Blazh-3 well in the Monastyretska license has increased from 45 bpd to circa 125 bpd following the successful completion of a workover to re-perforate some of the old intervals and open new ones.

A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.

CGG GeoSoftware has donated its Jason and HampsonRussell seismic reservoir characterization software suites to Delft University of Technology (TU Delft) in the Netherlands.

The VIVID platform uses full-spectrum acoustic sensors tomeasure the broadest frequency bandwidth and amplitude of acoustic energy, locating previously indiscernible low energy leaks.

The LJ43 design has been selected as the bases for a new building programme of drilling jack-ups which are to be built at the new IMI yard in Ras Al Khair, eastern Saudi Arabia.

Tempo instrumented docking perforating gun system increases well productivity by efficiently deploying maximum payloads.

Marubeni Corporation announces that Marubeni, through its subsidiaries, has reached agreements with two independent oil and gas companies in the US to sell a part of Marubeni’s interests in the Eagle Ford shale oil & gas assets located in the state of Texas.

Byron Energy Limited has announced that production has commenced at its flagship South Marsh Island Block 71 (SM71) oil development, in the shallow water of the Gulf of Mexico.

SDX Energy Inc., the North Africa focused oil and gas company, has announced that it has spud its Ibn Yunus-1X exploration well at South Disouq, Egypt.

OKEA has announced that Chrysaor, the leading oil & gas independent, has through its Norwegian subsidiary Chrysaor Norge A.S. entered into an agreement with OKEA to acquire a 15% interest in the PL038D license, covering the Grevling oil discovery in the Norwegian North Sea.