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Upstream news

Zambia commissions first oil survey

Early-stage natural resources exploration marks milestone in Zambia’s diversification agenda as the nation moves towards becoming a middle-income country by 2030.

 
 
 
 

Aker BP: rig contract to Odfjell Drilling

Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for a period of approximately 9 months, with commencement in February 2018.

 

Range Resources: acquisition of producing assets in Trinidad

Range has entered into a binding sale and purchase agreement to acquire certain producing assets from a wholly owned subsidiary of Trinity Exploration and Production Plc for a cash consideration of US$4.55 million.

 

AWE: Waitsia-4 appraisal well reaches total depth

The Waitsia-4 appraisal well reached total depth (TD) of 3744 m measured depth below rotary table (MDRT) at 15:30 hours (3.30 pm) AWST on 10 August 2017 and preparations are now being made to commence a wireline logging programme.

 
 
 

Zion Oil & Gas continues drilling in Israel

Zion Oil & Gas, Inc. continues active drilling operations at its Megiddo-Jezreel #1 well in Israel. The company has reached a depth of approximately 5850 ft (~1785 m) toward a proposed total depth of up to ~15 000 ft.