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UK Plans to Boost Drilling

Jul 31, 2019

The Oil and Gas Authority (OGA), UK has published for the first time a Wells Strategy which provides a framework of how the OGA and industry will work together to deliver increased activity and improve performance.The OGA’s Wells Insights Report…

Hurricane Energy Spuds Lincoln Crestal

Jul 15, 2019

UK-based oil exploration and production company Hurricane Energy said it has spudded the second of three wells on the Greater Warwick Area in the UK North Sea.Well 205/26b-B well, or Lincoln Crestal, was was spudded – the start of the drilling process – using the Transocean Leader rig…

Aker BP Discovers Oil at Frosk

Jul 02, 2019

Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A.According to a press note from the Norwegian Petroleum Directorate (NPD), the wells…

Weir Oil & Gas Intros ULR Wellhead

May 02, 2019

Weir Oil & Gas, a upstream provider of pressure pumping and pressure control equipment and services, today announced an updated, field-proven Unitized Lock-Ring (ULR) wellhead.The ULR wellhead features a standardized design for shale plays in the U…

65,000 Wells will be Drilled in 2019

Apr 30, 2019

Rystad Energy forecasts that the number of onshore and offshore oil and gas wells drilled globally will increase to around 65,000 in 2019.Activity levels are then projected to remain around this level through 2023, the energy research and business intelligence company said…

US Re-fracking Balloons to 550 Wells

Mar 25, 2019

The horizontal re-frac market within the US onshore scene has boomed in the recent years, with the number of horizontal re-frac jobs increasing every year over the last 10 years, said a report.According to Rystad Energy, the energy research and business intelligence company…

Wellesley Hits Dry Well in North Sea

Mar 14, 2019

Norwegian oil and gas exploration company Wellesley Petroleum has drilled another dry well in the Norwegian section of the North Sea, 220 kilometers northwest of Stavanger.The explorer for oil and gas sees second dry well this year with latest probe using semisub Transocean Arctic…

Plexus Bags Gazprom Contract Via Gusar

Mar 07, 2019

Aberdeen-based oil well technology firm Plexus Holdings said its Russian licensee Gusar had clinched its first major contract to supply gas exploration equipment to Gazprom.The contract covered the first year of an up to five-year jack-up gas exploration drilling programme on the Kara Sea Shelf…

Cyprus Offshore Gas Discovery: Conflict or Hope?

Mar 03, 2019

Oil giant ExxonMobil, together with partner Qatar Petroleum (QP), made giant gas discovery to the east Mediterranean region after finding a gas-bearing reservoir offshore Cyprus and estimated in-place gas resources in the reservoir at 5 to 8 trillion cubic feet (tcf) of gas…

Lundin Granted North Sea Drilling Permit

Jan 30, 2019

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling…

Eni Spuds New Vandumbu Well in Angola

Jan 25, 2019

Italian oil company Eni said that it has successfully launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.According to a press release…

LLOG Exploration Reports Deepwater Exploratory Discovery

Jan 15, 2019

The  deepwater exploration company operating primarily in the Gulf of Mexico  reported the drilling of a successful discovery on its Nearly Headless Nick exploratory prospect on Mississippi Canyon Block 387 in the deepwater Gulf of Mexico.Louisiana…

Aker Energy Hits Oil in Ghana

Jan 11, 2019

The operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, Aker Energy, has announced the near-completion of a successful drilling operation of the Pecan-4A appraisal well offshore the Western Region of Ghana.This, the Chief Executive Officer at Aker Energy…

Exploration Firms Drill Dry Well in North Sea

Jan 10, 2019

Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea. Both targets were dry…

Brasse Wells Disappoints Faroe Petroleum

Jan 04, 2019

Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the Norwegian North Sea, while the Brasse appraisal sidetrack well encountered hydrocarbons.The Aberdeen-headquartered firm said that the Brasse East exploration well 31/7-3 S was drilled to a total depth of 2…

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Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

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