Upstream project news

The second Wood Mackenzie Exploration Awards ceremony was held in June this year.

Brazil alone is expected to contribute around 18% or 1455 thousand bpd of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025.

The energy-saving marine compressed air system is to be delivered for a mid-water semi-submersible drilling rig.

Churchill Drilling Tools' dart activated HyPR HoleSaver was used to sever the drill string and plug and abandon the section.

The agreement secures for the company immediate access to up to 90 000 bbl of storage capacity at Georgian Oil and Gas Corporation's main facility near the town of Sartichala, located some 30 km from West Rustavi.

The Zama appraisal programme in Block 7 in Mexico's Sureste Basin is operated by Talos in a consortium with Sierra Oil & Gas and Premier Oil.

The Rabul-7 development well was drilled to a total depth of 5323 ft and encountered approximately 134 ft of net heavy oil pay across the Yusr and Bakr formations, with an average porosity of 18%.

The contract will see the Netherlands-headquartered business supplying a 2 in. ID 345 psi rated Gas Lift Jumper to support the independent E&P company’s operations in the Guillemot field, approximately 175 km east of Aberdeen.

The reference well used was the Cambo Well in the UK, which was drilled by Siccar Point Energy in 2018.

Senate Bill 181, signed in mid-April and also known as Protect Public Welfare Oil and Gas Operations, amends the Oil and Gas Conservation Act and gives counties and municipalities increased regulatory authority over oil and natural gas development in their jurisdictions.