Upstream news

Statoil reports adjusted earnings of US$3.0 billion and adjusted earnings after tax of US$1.3 billion in the second quarter of 2017. IFRS net operating income was US$3.2 billion and the IFRS net income was US$1.4 billion.

ION Geophysical Corporation has announced that its imaging services supported the historic Zama-1 discovery offshore Mexico made by Talos Energy, LLC (Talos) and their partners.

Halliburton has announced its annual Landmark Innovation Forum and Expo, which will address the digital future of oil and gas.

Exxon Mobil Corporation has discovered additional oil in the Payara reservoir offshore Guyana.

Optical-gas imaging makes gas clouds visible and operates as an infrared sensor capable of operating within the thermal spectrum, Laith Amin, Advisian, explains.

CGG has extended its Santos VII multi-client survey to optimise Saturno field imaging.

Halliburton has released an advanced imaging and borehole inclination service for improving reservoir insight.

While active drilling operations continue at the Megiddo-Jezreel #1 well in Israel, Zion Oil & Gas, Inc. has reached a depth of approximately 5345 ft.

Senex has announced a Birkhead oil discovery on the western flank of the South Australian Cooper Basin.

Proserv has been awarded US$4 million of contracts for its well severance, platform and FPSO decommissioning services in the Asia Pacific region.