Upstream project news

Preliminary estimates of the size of the discovery in the Berkine North Basin are around 140 million barrels of oil in place.

The operations in the reservoir section are still at an early stage and it has yet to be confirmed if commercial volumes are present.

Shell said in the new environmental development plan of the Jackdaw field that it aims to start production from the field, which will supply 6.5% of Britain's gas output, by 3Q25 or 4Q25.

Esso Australia has made a final investment decision to develop additional gas from the Gippsland Basin Kipper field.

It is expected that, post-clean up, the MSD-25 infill development well will achieve a stabilised gross production rate of c.300 bpd, which is in line with pre-drill estimates.

The award for cementing services takes the total value of ADNOC’s drilling-related framework agreements and procurement awards since November 2021 to over US$8.5 billion.

The operations offshore Norway are expected to start from the end of 4Q22, upon termination of the works in which the Scarabeo 8 rig is currently engaged.

The contract, with an unnamed client, could see the harsh environment jack-up rig Maersk Resolve employed in the UK sector of the North Sea for the majority of 2022.

IOG has started up the Elgood and Blythe gas fields in the UK North Sea this week.

The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling and logging while drilling, drilling fluids, cementing and completing wells.