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19 Dec 18
US: Comstock Resources announces Haynesville shale acreage acquisition
Comstock Resources has entered into an agreement with Shelby Shale to acquire an 88 percent interest in 6,124 gross acres (6,023 net) limited to Shelby's Haynesville shale rights in Harrison and Panola counties, Texas for USD20.5 million.
19 Dec 18
South Africa: Africa Energy completes Block 11B/12B farm-in offshore South Africa
Africa Energy has received governmental approval and closed the previously announced transactions to acquire an effective 4.9 percent interest in the Exploration Right for Block 11B/12B offshore South Africa. The Brulpadda-1AX well is scheduled to spud this month.
19 Dec 18
UK: Rig mobilised for Corallian Energy's UK drilling campaign
Reabold Resources has announced that, as part of Corallian Energy's two well offshore UK drilling campaign, the ENSCO-72 jack-up rig has now been mobilised from Hartlepool to drill the Wick exploration well in UKCS Block 11/24b.
19 Dec 18
UAE: ADNOC awards Austria’s OMV 5 percent stake in Ghasha offshore ultra-sour gas concession
The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have awarded Austria’s OMV a 5 percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma, Nasr, Sarb and Mubarraz sour gas fields.
19 Dec 18
Indonesia: Eni announces Merakes East gas discovery in the Indonesian offshore
Eni has successfully drilled and tested the Merakes East prospect in the East Sepinggan block, Offshore Kalimantan, Indonesia. The prospect is located 33 km south east from the Eni-operated Jangkrik field and just 3 km east of the Merakes field.
19 Dec 18
Norway's production increases in November 2018
Preliminary production figures for November 2018 show an average daily production of 1,880,000 barrels of oil, NGL and condensate, which is an increase of 22,000 barrels per day compared to October. However, oil production for November is about 4 percent below the NPD’s forecast for the month and about 4.5 percent below the forecast for 2018.
19 Dec 18
Norway: Equinor granted drilling permit for well 7132/2-2 in PL 857
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for well 7132/2-2 in production licence PL 857.
19 Dec 18
US: Reabold Resources spuds VG-4 well, West Brentwood Licence, California
Reabold Resources has commenced drilling operations at the VG-4 well within the West Brentwood Licence area, onshore California. The drilling of VG-4 follows the successful VG-3 well drilled on the West Brentwood field.
19 Dec 18
Norway: Processing topside ready for Johan Sverdrup
Fully assembled and tested, the topside for the Johan Sverdrup processing platform is leaving the Samsung Heavy Industries yard on time, below budget and with no serious incidents.
19 Dec 18
UK: Angus Energy commences commercial flow test programme at the Brockham oil field
Angus Energy has commenced its previously announced commercial flow test programme at the Brockham oil field in PL 235.
19 Dec 18
Australia: Pilot Energy terminates sale of WA-503-P to Black Swan Resources
Pilot Energy has announced it will not be proceeding with the sale of its beneficial interest in offshore exploration permit WA-503-P to Black Swan Resources.
19 Dec 18
Po Valley raises AUD1.2 million in private placement
Po Valley has raisesd AUD1.2 million through a private placement. The proceeds will be used towards the continued development of two of the Company’s high value development assets in Italy - Selva and Teoderico - and for general working capital.
18 Dec 18
Ikon Science acquires Perigon Solutions
Ikon Science, a leader in GeoPrediction technology, has wholly acquired Perigon Solutions, specialists in wellbore data management and visualisation solutions.
18 Dec 18
UK: InfraStrata applies for additional licence for its Islandmagee gas storage project
InfraStrata has lodged an application with the Department for the Economy in Northern Ireland for an additional Mineral Prospecting Licence in respect of its Islandmagee gas storage project. If successful, the application may facilitate the development of an additional 15 gas storage caverns in addition to the 8 already planned and approved for the Project.
18 Dec 18
UK: Petrofac awarded Ithaca construction and commissioning contract
Petrofac has secured a construction and commissioning contract with Ithaca Energy (UK) to be undertaken on the Ithaca-operated FPF-1 floating production facility, for the tieback of the BP-operated Vorlich field subsea development in the Central North Sea.
18 Dec 18
DOF Subsea awarded three new North Sea contracts
DOF Subsea has been awarded three new contracts in the Norwegian and UK sectors of the North Sea.
18 Dec 18
China: CNOOC signs Strategic Cooperation Agreements with 9 international oil companies
CNOOC Limited has announced that its parent company, CNOOC, has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation and TOTAL.
18 Dec 18
Guyana: CGX Energy announces definitive rig agreement with Rowan for the Utakwaaka-1 well offshore Guyana
CGX Energy has entered into a definitive rig agreement with Rowan Rigs for the provision of rig services for the drilling of the Company’s Utakwaaka-1 well in its Corentyne block.
18 Dec 18
Weatherford announces sale of surface data logging business
Weatherford International has signed a definitive agreement to sell its surface data logging business to Excellence Logging for $50 million in cash.
18 Dec 18
Norway: Equinor receives consent to drill exploration well 7132/2-2 in the Barents Sea
Norway's Petroleum Safety Authority has given Equinor consent to drill exploration well 7132/2-2 in PL 857 in the Barents Sea. The well will investigate a prospect that has been named 'Gjokasen Deep'.
18 Dec 18
Argentina: President Energy announces drilling success at Puesto Flores field
President Energy has successfully completed the PFO 1005 development well at the Puesto Flores field - the third and final new well in the current drilling programme. Both primary and secondary targets have displayed 18 metres of net oil pay and the well is anticipated to come on production at or around New Year.
18 Dec 18
UK: IGas provides update on Tinker Lane shale gas well in Nottinghamshire
IGas reports that its TL-1 exploration well at Tinker Lane in North Nottinghamshire has failed to encounter the primary target, the Bowland Shale. The next well, at Springs Road, is expected to spud in the first quarter of 2019.
17 Dec 18
Israel: Energean to receive USD98 million from Israel Natural Gas Lines
According to a MOU signed between Energean Israel and INGL, USD98 million will be paid to Energean in consideration for constructing and transferring to Israel Natural Gas Lines the onshore and near shore part of natural gas facilities in Israel for the Karish and Tanin development
17 Dec 18
Polarcus awarded XArray project in West Africa
Polarcus has announced that an award has been received for an XArray marine seismic acquisition project in West Africa. The project will commence in Q1 2019 with an approximate duration of two months.
17 Dec 18
Australia: Santos rolls out renewable energy in the Cooper Basin
Santos will reduce its production emissions with an Australian-first rollout of 100 per cent renewable energy to power its oil well operations in the remote Cooper Basin in South Australia and Queensland, following a grant from the Australian Renewable Energy Agency (ARENA).
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