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US upstream news

 
 

Otto Energy: SM 71 update - drilling ahead

SM 71 F2 drilling ahead at 4895 ft MD after setting 10 3/4 in. surface casing at 3685 ft MD. Drilling is proceeding according to plan and the well will reach TD prior to the end of December.

 

US leads the top ten countries by crude reserves, says GlobalData

Unconventional oil reserves across the top ten countries stand at 9.2% (45.8 billion barrels), oil sands reserves stand at 6.7% (33.3 billion barrels), and heavy oil represents 4.5% (22.2 billion barrels) of all remaining reserves.

 
 
 
 
 

Sacgasco: Dempsey gas well to flow test multiple zones

The company has advised that the Dempsey 1-15 well in the Sacramento Basin in California has completed the drilling phase, and a 5 ½ in. liner has been run and cemented to protect all potential reservoirs beneath the existing 9 5/8 in. casing.