US upstream news

Proserv and Trendsetter will develop solutions for their clients across both brownfield and greenfield projects.

The Merlin-2 appraisal well is targeting 652 million barrels of oil in the highly prospective N18, N19 and N20 targets.

Continental Resources’ decision to acquire Pioneer Natural Resources’ Delaware Basin assets will raise the company’s production by around 58 000 boe/d to reach 390 000 in 2022, according to GlobalData.

In its latest report, ‘Key Upstream M&A Deals in 2021’, the data and analytics company reveals that the total number of deals in the US upstream sector grew from 388 in 2020 to 420 in 2021.

The combined company will be named Noble Corp., and will be headquartered in Houston, Texas.

Reliance Industries has divested its interest in upstream assets in the Eagle Ford shale play in Texas.

CNOOC EnerTech will a number of critical pre-drilling permitting and logistical requirements for the LH 17-2-1 exploration well at the Jade prospect on Block 29/11, offshore China, due to be spudded in December 2021.

Comstock will use the MiQ Standard, a framework that assesses and grades methane emissions intensity, enhanced monitoring technology deployment and operating practices that promote a culture of emissions management and continuous improvement, for its facilities in North Louisiana and East Texas.

Ownership of the Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight and Noble Johnny Whitstine as well as employment of the crews has been transferred to a subsidiary of ADES International Holding Ltd.

Nabors will be the preferred drilling contractor for Chesapeake across its unconventional oil and natural gas assets in the US.