Upstream project news

The company has shut in the 205/21a-7Z well as it was unable to achieve its target rate sustainably from the two Lancaster Early Production System wells.

Despite the recent relative oil price recovery, dozens of US operators are still threatened by bankruptcies even at a WTI oil price of US$30/bbl, according to Rystad Energy.

The award includes the provision of general and advanced non-destructive testing and fabric maintenance inspection services across the operator’s onshore and offshore facilities in the Middle East.

The survey took place in the Petrel field, located in the Bonaparte Basin.

Tendeka will provide its inflow control technology to help increase production from Malaysian assets of an independent operator.

The increase in production in 1Q20 was driven by strong production levels at the South Disouq onshore gas area in Egypt.

Maersk Supply Service will remove four 30 in. jacket-mounted drilling conductors and two associated conductor guide frames using an I-class vessel.

Santos has named Weatherford its Contractor of the Year.

The contract is for work on the onshore Mahani gas and condensate field in Sharjah, United Arab Emirates.

The company's Ruche project has also been deferred until efficient project execution can be assured.