Upstream project news
Shell contracts Velesto rig for Malaysia campaign
The contract is for Velesto’s jack-up rig NAGA 4 to drill seven firm wells, with an estimated contract value of US$17.68 million.
ION to carry out 3D multi-client programmes offshore Kenya
The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya.
Rig trial of integration of MPD and automated well control technology completed
A series of tests were successfully performed on a Weatherford test rig in Houston, US, to demonstrate and verify the integration and functionality of the managed pressure drilling and automated well control technology.
US oil and gas deal value fell 88% in 1Q21, according to report
Enverus' summary of 1Q21 US upstream M&A activity shows US$3.4 billion in deal value was transacted during the quarter – an 88% decline from 4Q20.
Magseis Fairfield awarded OBN survey in Gulf of Mexico
The duration of the survey is approximately four months and will be executed in 2021 using the company's ZXPLR deepwater ocean bottom node technology.
Production start-up at Santos Basin project delayed
Production start-up at the Mero 1 field has been delayed from 4Q21 to 1Q22.
Ithaca Energy sanctions Captain Field EOR project
Ithaca Energy has sanctioned EOR Stage 2, the next phase of development at the Captain Field in the UK Central North Sea.
Ambyint and Microsoft partner on production optimisation
The partnership will provide E&P companies with solutions that optimise rod lift and plunger lift wells.
ChampionX to deploy non-toxic chemicals for two North Sea operators
The company’s environmentally acceptable corrosion inhibitor product line has been developed to enable E&P organisations to economically extend the life of their assets in a sustainable way.
ADM Energy completes 15th lifting at Aje field offshore Nigeria
The lifting totalled 225 000 barrels with a net share of 27 675 barrels to ADM, which equates to ADM's paying interest of approximately 12.3%.