Upstream project news

The agreement allows the consortium to acquire, promote and license multi-client seismic programmes, including new 3D acquisition and legacy data reprocessing, in the shallow water acreage offshore Suriname.

The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.

The Gamba well DTM-7H has been successfully brought online, while the DTM-6H well in the Dentale formation is scheduled to come onstream in the coming days.

SDX Energy has started a development drilling campaign in the West Gharib concession in Egypt that aims to grow production from c. 2400 bpd to c. 3500 - 4000 bpd by early 2023.

The drilling programme for well 24/12-7 relates to the drilling of a wildcat well in production licence 1041.

The contract is for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve.

The Nabors Industries rig reached total depth on a horizontal well for ExxonMobil in the Permian Basin.

The Ondjaba-1 well will be drilled at a new world record water depth of 3628 m.

The exploration period for Block 5, as set out in the PSC, will last 6 years, with Staatsolie retaining the right to a 40% participation.

The survey comprises a 2-month 4D monitor survey in the Louro-Mostarda Development areas of Block 32.