Lundin Petroleum today announced that the appraisal well 16/3-5 well in PL501 in the south eastern part of the Johan Sverdrup discovery has reached target depth. The well, located in the Norwegian sector of the North Sea, will now be tested. The appraisal well has drilled through reservoir sections consisting mainly of good quality Volgian [...]
CGG, a seismic data acquisition & processing company based in France, announced today that the main agreements needed to close the acquisition of Fugro’s Geoscience Division have been signed. The effective date of the closing will be January 31st, 2013, with the exception of the airborne activity and certain minor assets which will be contributed [...]
In response to numerous shareholder and market enquiries and continued speculation, WHL Energy Ltd is providing an update on activities related to the WA‐460‐P exploration permit in which the Company holds a 33.3 per cent interest. Industry reports and field monitoring anticipate that the Palta‐1 exploration well, located in adjacent Exmouth sub‐Basin permit WA‐384‐P, will [...]
Silvermere, the independent oil and gas company focused principally on appraisal and production opportunities in the US, has announced further progress with the tie-in of the I-1 well in its Mustang Island 818-L Field. The pipeline installation was completed on 10th August 2012 and the sub-sea tie-in was completed and tested on 15th August. All [...]
Mermaid Maritime Public Company Limited’s tender assist drilling rig ‘MTR-2’ has recently achieved 1000 (one thousand) consecutive days of no lost time accidents (NTLA). The ‘MTR-2’ is currently supporting Chevron’s drilling campaign in Indonesia through Mermaid’s operations base in Balikpapan. Her sister rig ‘MTR-1’ has also arrived in Indonesia and is preparing to commence its [...]
May 1, 2012 | Posted in
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Xtract Energy PLC today provided an operational update ahead the commencement of Chevron’s drilling operations offshore The Netherlands. As previously announced Chevron intends to drill the P2-10 well on the P2 block using the ‘Noble Byron Welliver’ jack up drilling rig. The P2-10 appraisal well targets an existing gas discovery on the P2 block and [...]
November 24, 2011 | Posted in
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Dolphin Geophysical has signed one out of potential three 3D contracts in Africa, as previously disclosed as upcoming work for Polar Duke. If all contracts materialize in line with management expectation, the vessel will be occupied in Africa from December until April 2012. Following a successful and very long season with high seismic demand in [...]
November 21, 2011 | Posted in
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Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for October 2011. Songa Venus commenced operations for Petronas in Malaysia on 20 October after completion of contractual preparedness, acceptance testing and mobilization to the first location. During preparations to run the BOP, re-worked and newly installed components failed and the rig was subsequently shut [...]
Cypriot President Demetris Christofias said on Sunday Cyprus would start drilling for hydrocarbons within the next few days, defying warning… Source: Reuters Source:Reuters ,September 19, 2011;
In Europe and Asia, Hertel’s offshore teams are breaking milestones in terms of safety performance. On 30th June, a total of 700 days without an LTI was passed. Peter van Aken, Managing Director of Hertel’s offshore business in The Netherlands commented “700 days ago, one of our colleagues hurt his ankle, which was our last [...]