Upstream news

Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, multicomponent, time-lapse 4D processing and advanced imaging offered by the Shearwater Reveal software platform.

The interval just drilled by Melbana Energy at the Alameda-1 exploration well commenced at approximately 3077 mMD (2970 mTVD), indicating a potential gross reservoir interval of possibly as much as 500 mMD (450 mTVD).

The organisation will provide resident focal points, onshore engineering, process and maintenance services on North Sea platform, Bruce.

Petrofac has been awarded two new contracts with Cairn Oil & Gas, Vedanta Ltd.

It is anticipated that further exploration activity, including a second exploration well, will be required to determine the size and recoverable potential of the identified hydrocarbons at the Graff-1 deepwater exploration well.

Drilling is expected to commence within the next week after allowing for towing and set up.

Rami Khrais, Oil & Gas Analyst at GlobalData, has said that the project will be one of the largest oil developments seen in Africa over the last 20 years, expecting to recover over 1.5 billion barrels of oil.

Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni, indicate between 1.5 – 2 trillion ft3 of raw gas in place.

JDR’s thermoplastic umbilical system will allow Beach Energy to increase production from its Otway Gas Plant and deliver a new supply of gas to Australia’s East Coast.

The extended contract covers 2 drilling rigs, 13 workover units and 13 pulling units on Pan American’s Cerro Dragon field in the Golfo San Jorge basin in southern Argentina.