The “Fault Margin” appraisal well in PL 265 on the Johan Sverdrup discovery is in the process of being completed. Det norske oljeselskap ASA is of the opinion that the well results are very good. The result removes any uncertainty related to the reservoir quality in the part of the Johan Sverdrup discovery bordering the [...]
May 14, 2013 | Posted in
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Ithaca Energy Inc. (“Ithaca” or the “Company”) announces the execution of a farm-out transaction with Shell UK Limited (“Shell”) in respect of the UK exploration assets acquired pursuant to the acquisition of Valiant Petroleum plc (“Valiant”), completed on 19 April 2013 (the “Acquisition”). The Company has now substantially reduced its exposure to all remaining firm [...]
May 13, 2013 | Posted in
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The Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE), Noble Energy, Inc. and the Helix Well Containment Group (HWCG) announced the successful completion of a full-scale deployment of critical well control equipment to assess Noble Energy’s ability to respond to a potential subsea blowout in the deepwater Gulf of Mexico. BSEE Director [...]
May 8, 2013 | Posted in
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Jasper Drilling announces that its drillship, the “Jasper Explorer” has commenced drilling operations at CNOOC Congo SA’s first well offshore Republic of Congo. Under the contract with CNOOC Congo SA, the “Jasper Explorer” is to drill two firm wells plus one option well. All wells are to be drilled in direct continuation of one another. [...]
May 1, 2013 | Posted in
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Anadarko Petroleum Corporation today announced its Phobos-1 well in the deepwater Gulf of Mexico encountered approximately 250 net feet of high-quality oil pay in Lower Tertiary-aged reservoirs. “Our 2013 Gulf of Mexico exploration program is off to an outstanding start, as Phobos marks our third significant deepwater success this year,” Anadarko Sr. Vice President International [...]
April 25, 2013 | Posted in
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Total announces that the Ivoire-1X exploration well, located in the western portion of Block CI-100 in 2,280 meters of water, encountered 28 meters of net oil pay in a series of about 100 meters of Cretaceous reservoirs. The oil in the abrupt margin geological play is light 35 API oil. Operated by Total E&P Côte [...]
April 25, 2013 | Posted in
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Baker Hughes announced that it participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013. The test was conducted from a drill ship for the Japan Oil, Gas and Metals National Corporation (JOGMEC) in the Nankai Trough, approximately 60 km off the southeast coast of Japan, as one [...]
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Helix Energy Solutions Group, Inc. reported net income of $1.6 million, or $0.02 per diluted share, for the first quarter of 2013 compared with net income of $65.7 million, or $0.62 per diluted share, for the same period in 2012, and a net loss of $171.6 million, or $(1.64) per diluted share, in the fourth [...]
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Offshore Installation Services (OIS), an Acteon company, has successfully completed its sixteenth rigless suspended well abandonment campaign involving multiple operators in the Southern North Sea. The multi-operator model for programmes of this kind can deliver significant customer benefits in terms of cost-effectiveness. A total of nine mudline wells in categories 1, 2.1, 2.2 and 2.3 [...]
April 17, 2013 | Posted in
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Tap Oil Limited announces the award by the Accra Joint Venture of the Drilling Rig Services contract for the drilling of the Starfish prospect to Stena Drilling. The Starfish-1 well will be drilled by the Stena DrillMAX, Dual Derrick Drillship which has recently drilled eight efficient and successful wells in Ghana. Stena Drilling has extensive [...]
April 8, 2013 | Posted in
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