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18 Jul 19
Norway: Repsol given consent for exploration drilling in Block 9/2 in the North Sea
Norway's Petroleum Safety Authority has given Repsol consent to drill exploration well 9/2-12 in production licence PL 910. The well will be drilled in the North Sea, around 6 kms east of the Yme field, and will test a prospect named Kathryn.
18 Jul 19
Norway: Equinor given consent for exploration drilling in Block 32/4 in the North Sea
Norway's Petroleum Safety Authority has given Equinor consent to drill exploration well 32/4-2 in production licence PL 921. The well is located in the centre of the northern sector of the North Sea, southeast of the Troll field, and will test a prospect named Gladsheim.
18 Jul 19
Angola: VAALCO Energy makes final Settlement Payment to exit Angola
VAALCO Energy has paid GBP 4.5 million to Angola National Agency of Petroleum, Gas, and Biofuels (ANPG), as National Concessionaire, under the terms of the previously announced Settlement Agreement executed earlier this year that finalized the termination of VAALCO’s rights, liabilities and outstanding obligations for Block 5/06 in Angola.
18 Jul 19
UK: OGA publishes UKCS Decommissioning Cost Estimate 2019 Report
The estimated cost of decommissioning the UKCS’s remaining oil and gas infrastructure is continuing to reduce, according to the latest analysis by the Oil and Gas Authority (OGA).
18 Jul 19
Bulgaria: Shell's Black Sea well Khan Kubrat-1 disappoints
JV partner Woodside reports that Shell's Khan Kubrat-1 exploration well in the 1-14 Khan Kubrat block in the Black Sea has been plugged and abandoned after encountering non-commercial hydrocarbon shows in target reservoirs.
18 Jul 19
Indonesia: Coro Energy announces restructured Bulu PSC acquisition terms
Coro Energy has renegotiated the terms of the proposed acquisition by the Company of a 42.5 percent interest in the Bulu PSC, offshore East Java, which contains the Lengo gas field.
18 Jul 19
Woodside announces second quarter report for period ended 30 June 2019
Woodside has announced its second quarter report for period ended 30 June 2019. Delivery of the Greater Enfield Project is on track following the commencement of offshore commissioning during the quarter.
18 Jul 19
Santos announces 2019 Second Quarter Activities Report
Santos has announced its Second Quarter Activities Report for the period ending 30 June 2019. The first half of 2019 delivered record production volumes and sales revenues, along with strong free cash flow of over $600 million.
18 Jul 19
Azerbaijan: Zenith Energy commences well deepening operations in well C-37 in the Jafarli field
Zenith Energy has announced that the commencement of well deepening operations in well C-37 in the Jafarli field is scheduled to begin on July 26, 2019. The well will test the Middle Eocene formation, which may hold significant oil reserves, and the unexplored Cretaceous play.
17 Jul 19
Israel: Zion Oil & Gas acquiring 3D seismic onshore Israel
Zion Oil & Gas has entered into binding agreements for 3D seismic acquisition across its 99,000-acre Megiddo-Jezreel license area onshore Israel.
17 Jul 19
Seadrill announces contract award for the West Gemini
Seadrill has secured a nine well contract with three options, each for two wells, for the West Gemini in West Africa.
17 Jul 19
UK: United Oil & Gas sells Crown discovery (North Sea Blocks 15/18d and 15/19b) to Anasuria Hibiscus UK
AIM-listed United Oil & Gas has announced an agreement to sell North Sea blocks 15/18d and 15/19b to Anasuria Hibiscus UK for a headline consideration of up to USD5 million. The blocks include the Crown discovery, initially discovered by Conoco Philips in 1998.
17 Jul 19
BHP announces operational review for Y/E 30 June 2019
Announcing an operational review for Y/E 30 June 2019, BHP gave an update on its petroleum activities, which included three successful gas wells in Trinidad as part of the Trinidad and Tobago Phase 3 deepwater drilling campaign.
17 Jul 19
Indonesia: Mubadala farms out Andaman I and South Andaman PSCs to Premier Oil
Mubadala Petroleum has signed an agreement with Premier Oil to farm out a 20 percent participating interest in each of the Andaman I and South Andaman PSCs, located in the underexplored but proven North Sumatra basin offshore Aceh.
17 Jul 19
Congo (Brazzaville): Anglo African Oil & Gas completes financing
Anglo African Oil & Gas has completed a fundraising for up to GBP 8.25m. The funds will enable the Company to re-enter the TLP-103C well at its Tilapia field in the Republic of the Congo with a view to producing oil from the Djeno horizon.
17 Jul 19
Norway: Pandion Energy acquires 20 percent of PL 891 from ConocoPhillips
Pandion Energy has entered into an agreement with ConocoPhillips to acquire a 20 percent interest in PL 891, containing the Slagugle prospect. The license is located in the prolific Haltenbanken area of the Norwegian Sea in Blocks 6608/10, 11 and 12.
17 Jul 19
Indonesia: INPEX receives approval of revised Plan of Development for Abadi LNG Project, Masela Block, Indonesia
INPEX has announced that through its subsidiary INPEX Masela, it has received the official approval of Indonesian government authorities concerning the revised Plan of Development (POD) for the Abadi LNG Project submitted on June 20, 2019.
17 Jul 19
Premier Oil announces trading and operations update
Premier Oil has provided an update on recent operational activities and guidance in respect of its half year financial results to 30 June 2019. 2019 1H production averaged 84.1 kboepd, up 11 per cent on the 2018 corresponding period.
17 Jul 19
Romania: ADX Energy announces completion of USD1.5 million Romanian farm-in
ADX Energy has finalised a Farm-in Agreement including the satisfaction of conditions precedent on behalf of Danube Petroleum and ADX Energy Panonia to fund a 3D seismic program in the Parta Exploration License onshore Romania.
17 Jul 19
Norway: OKEA announces second quarter 2019 results
OKEA reports strong operational income and cash flow in the second quarter. Operational performance was solid with a net production of above 20 000 boepd and EBITDA of NOK 594 million, up from NOK -13 million in Q2 2018.
16 Jul 19
Colombia: Frontera Energy awarded VIM-22 and Llanos-99 blocks as part of the ANH Bid Round
Frontera Energy has announced the award of the VIM-22 block in addition to the LLA-99 block which was previously announced on June 27, 2019 under the successful ANH bid round.
16 Jul 19
US: Surge Energy announces successful completion of longest known lateral in Permian Basin of 3.4 miles
Surge Energy has announced that its wholly owned subsidiary, Moss Creek Resources Holdings, has successfully completed the longest known lateral in the Permian Basin, with a total horizontal displacement of 17,935 feet (or 3.4 miles).
16 Jul 19
Norway: PGNiG acquires interest in Duva gas field from Wellesley Petroleum
PGNiG Upstream Norway has acquired a 20 percent interest in the Duva field – PL 636 and PL636B licenses – from Wellesley Petroleum. First production is expected at end 2020, early 2021.
16 Jul 19
Norway: Equinor invests in further development of the Gudrun field
Equinor and the Gudrun partners have decided to invest in a water injection plant on the Gudrun field to improve reservoir recovery. This will extend the field life by three years compared to the original plan. Equinor and its licence partners plan to start up the water injection plant during 2021.
16 Jul 19
Norway: Equinor starts production at Trestakk
Equinor reports that production from the Trestakk subsea field on Haltenbanken in the Norwegian Sea started on 16 July. Tied back to the Asgard A floating production vessel, the field has estimated recoverable resources of 76 million barrels of oil.
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