Upstream news

Production at the Liza Unity FPSO vessel is expected to reach its target of 220 000 barrels of oil later this year.

Start-up is expected during 2Q22 and the project will run for approximately 1 month.

The project, in support of India's licence round schedule, encompasses over 250 000-line km of existing 2D data across an area of over half a million km2 offshore India's east coast.

TotalEnergies will resign as operator of the North Platte deepwater project in the US Gulf of Mexico.

In 4Q21, the oil and gas industry saw an increase of 77% in overall contract value.

The field-proven StageCoach model accurately predicts how proppant and fluid will flow through wells to measurably improve well productivity by 10-15%.

The Noble Tom Prosser jack-up drilling rig has completed the move to the Pavo-1 well location offshore Western Australia and has concluded the jack-down and other pre-drill operations.

ReconAfrica is to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence in the Kavango Basin, Namibia.

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).