Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, and its partners in a Santos Basin exploration block confirmed Tuesday a third pre-salt oil discovery. The oil find, made in the BM-S-8 block off the coasts of Rio de Janeiro and Sao Paulo states, was made in the Caracara well. The well was drilled in 2,027 [...]
British oil firm Tullow Oil said on Thursday it hoped reach plateau production of 120,000 barrels per day from its Jubilee oil field in Ghana by “early next year” following a delay due to technical problems. “The Jubilee resources are intact so we are hoping to reach the 120,000 bpd (target) early next year,” Tullow [...]
Lundin Petroleum announced that it recently spudded the Bertam-2 appraisal well in the PM307 Production Sharing Contract (PSC) area, offshore Peninsular Malaysia. Bertam-2 is planned to be drilled to a total depth of 1,888 meters by the jackup rig Offshore Courageous (350′ ILC). The objectives of the well are to appraise and test the Oligocene [...]
Maersk Drilling has received a Letter of Award from Total E&P Norge AS for one of the two ultra harsh environment jack-up rigs presently under construction in Singapore. The rig will be used for drilling the demanding and complex wells on the Hild field development in the Norwegian North Sea. The contract award is conditional upon [...]
Ecopetrol announced a hydrocarbon discovery in the Logan 1 well, located in the U.S Gulf Coast. Ecopetrol’s subsidiary Ecopetrol America Inc. has a 20% interest and Statoil is the operator. The Logan1 well was drilled by the Discoverer Americas and operations were completed on October 22nd of 2011. The well discovered hydrocarbons and evaluations are ongoing to [...]
Maersk Drilling has signed a contract with BP for the ultra deepwater semisubmersible Maersk Discoverer for work initially offshore Egypt. The firm contract duration is four years and the contract also includes an option for one year. The contract is expected to commence in the second quarter of 2012. The maximum contract value for the firm [...]
Chevron’s Thailand unit has started natural gas production from the $3.1 billion Platong II project in the Gulf of Thailand, the company said Monday. This will increase Thailand’s domestic production by more than 10% and boost Chevron’s net natural gas output from the Gulf of Thailand, where it has been operating for 30 years, by [...]
Total Exploration & Production Norge AS, operator of production license 127, has completed drilling wildcat well 6607/12-2 S. The well proved gas and oil. Well 6607/12-2 S was drilled about eight kilometres west of the Nornefield. The primary exploration target for the well was to prove petroleum in Middle and Lower Jurassic reservoir rocks (Fangst and [...]
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