Upstream project news

The Maersk Viking drillship will drill four development wells at the Gumusut-Kakap project offshore Malaysia.

Full environmental approval paves the way for the grant of a full production licence from Italy's Economic Development Ministry.

The discovery in Block 15/06 is estimated between 200 and 250 million barrels of oil in place.

A new integrated facilities services contract will see Wood focus on supporting TAQA’s operations across the Cormorant Alpha, North Cormorant, Eider Alpha, Harding, Tern Alpha, Brae Alpha, and East Brae assets.

The company's multi-year, multi-well drilling campaign offshore Ghana has began with the commencement of drilling of the first well at the Jubilee Field.

Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.

The latest version of the map browser is the result of a year-long process of data conditioning and geological interpretation to supply customers with the most up-to-date and comprehensive interpreted well and map data suite available for the region.

The agreement will increase Neptune’s existing interests in the Adorf, Apeldorn and Ringe gas fields and in the Adorf-Scheerhorn, Georgsdorf and Ringe oilfields.

In return for its 50% interest, Advance Energy will fund the Buffalo-10 well offshore East Timor on a free carried basis up to a cap of US$20 million.

Deltic estimates that the Pensacola Prospect contains gross P50 Prospective Resources of 309 billion ft3 (with a P90-P10 range of 39 billion ft3 to 1181 billion ft3).