Upstream project news

DST2 was performed over a 12 m interval from 2834 m in the upper portion of the Lower Tsagaantsav Formation. The zone flowed oil and some associated gas to surface without the need for any artificial lift.

The 2D seismic acquisition programme in the Beetaloo Sub-basin in Australia's Northern Territory is expected to take 3 weeks to complete, after which the data will be processed.

At the end of ramp-up, production will reach a capacity of approximately 3 million m3 of gas and 3000 bpd of condensate.

The agreement was made at the Russia-Africa summit in Sochi, Russia.

Talos plan to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.

Dragon Oil will invest US$1 billion over five years to boost and extend the production of the oil concessions in Egypt's Gulf of Suez.

The well is located in Armour’s 100% owned PL227, part of the company’s Kincora Project on the Roma Shelf in south west Queensland, Australia.

Petrofac will provide FEED and conceptualisation studies to clients in Oman and Libya.

Under the agreement, Shell will reduce its stake in the discovery from 80% to 50% and continue as operator, while Total will retain the remaining 20%.