US upstream news

The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope.

A review of the employment environment in the energy sector by Petroplan has found that, despite a major contraction in the value of the energy employment market over the past two years, global oil prices are now around the level where demand for talent looks set to pick up again.

Global Maritime Consultancy & Engineering, a leading provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Stavanger local Espen Thomassen as Regional Manager for the Americas.

New projects expected to create more than 45 000 high-paying jobs across the region and thousands more through multiplier effect.

Weatherford International plc thas announced the development and deployment of a high-performance cement retainer and bridge plug for use in wells in Sakhalin Island, Russia.

New reimaged data covers 1000 OCS blocks ahead of large regional lease block turnover.

The Salman-1 well will be drilled to 4245 m MD through Kurra Chine target horizon to be followed by further testing of five prospective targets. Rosneft plans to complete drilling in July 2017.

Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.

The Red Tank multi-client survey will be in the heart of the New Mexico portion of the Delaware Basin. This high-resolution 3D survey adds more than 300 square miles to the company’s regional contiguous database of 3000 square miles.

The EIA’s Annual Energy Outlook 2017 Reference case projects that US tight oil production will increase to more than 6 million bpd in the coming decade, making up most of total US oil production.