Drilling / Completions

Seadrill secures $497 million ExxonMobil contract in Nigeria

August 08, 2014 | Contracts, Drilling / Completions, Nigeria

London, United Kingdom | – Seadrill, the world’s biggest offshore driller by market capitalisation, in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Ltd. has secured a two-year $497 million (296.21 million pounds) contract with Esso Exploration and Production Nigeria Ltd. for one of its newbuild ultra-deepwater drillship West Saturn, the firm said on Friday. The deal, which also includes a one-year option, is for work in Nigeria, in support of the ERHA North Phase 2 project, the firm said. The rig, under construction at Samsung Heavy …

Uganda completes appraisal of 11 oil fields

May 28, 2014 | Africa, Drilling / Completions

Kampala, Uganda | – Uganda’s energy and minerals ministry said Wednesday that oil companies have completed appraisal activities for at least 11 oil fields out of the 21 discoveries, bringing the east African nation closer to the start of commercial crude production. The ministry said that investments in oil exploration and appraisal activities increased to $2.4 billion, higher than the previous estimate of $2 billion, as companies step up efforts to develop the vast oil fields. The completion of appraisal activities is a major step …

Chinese oil rig finishes first phase of drilling in waters claimed by Vietnam

May 27, 2014 | Asia, Drilling / Completions, Rigs & Vessels

Hong Kong, China | – A giant Chinese oil rig has finished its first round of drilling in South China Sea waters also claimed by Vietnam and moved to another site in the area, the rig’s operator, China Oilfield Services Ltd (COSL), said on Tuesday. In a statement, COSL said exploration would still take place off the Xisha islands, China’s name for the disputed Paracel chain, suggesting the rig was not moving far. In early May, the rig was deployed between the Paracel islands and …

Tullow’s Shimela well hits water bearing reservoirs in Ethiopia

May 23, 2014 | Africa, Drilling / Completions

London, United Kingdom | – Africa-focused  British  independent explorer Tullow Oil announced Friday that its Shimela-1 well, onshore Ethiopia, had encountered water bearing reservoirs and only traces of thermogenic gas shows were recorded after drilling to a final depth of 1,940 metres. This well, situated in the South Omo basin, near Chew Bahir and named after a common bird in the area, was considered particularly significant for the company’s prospects. As recently as April a report identified the Shimela prospect as the first well in …

Afren to develop three Nigerian offshore oil fields in 3Q 2014

May 20, 2014 | Drilling / Completions, Nigeria

Lagos, Nigeria | –  African-focused and UK-listed independent exploration and production company, Afren plc Tuesday said it planned to begin further development drilling at its Nigerian offshore Ebok, Okwok and Okoro oil fields in the third quarter of this year  in a bid to bolster oil reserves and production. “Installation of the Central Fault Block extension platform has started on Ebok and is expected to be completed by the end of Q2 2014, with development drilling planned for Q3 2014 targeting additional reservoirs,” Afren said …

Tullow abandons Tapendar-1 well as dry hole offshore Mauritania

April 25, 2014 | Africa, Drilling / Completions

London | – Tullow Oil plc, an Irish multinational oil and gas exploration company headquartered in London, United Kingdom reported it did not find hydrocarbons with its Tapendar-1 exploration well drilled in the C-10 license offshore Mauritania. Tullow said it will plug and abandon the well. The objective of Tapendar-1 was to test two targets of Miocene and Upper Cretaceous age. At the Miocene interval a major undrilled turbidite fairway was penetrated and encountered excellent quality, well developed reservoir sands. However, these sands were water-bearing …

Cairn, FAR to drill exploration wells offshore Senegal

March 19, 2014 | Africa, Drilling / Completions

London  – Australian independent oil explorer FAR Limited, will participate in the drilling of two deepwater exploration wells offshore Senegal next month. The wells, to be operated by Scottish Cairn Energy Plc, will be the first deepwater wells drilled off Senegal and only the second and third deepwater wells along the central Atlantic margin of West Africa. Cairn will use Transocean Inc.’s Cajun Express  semisubmersible rig  for the two-well program. The rig is currently finishing up a campaign for Cairn offshore Morocco. The first Senegal well, Fan-1, will be …

Murphy Oil and OMV to drill in Namibia

March 07, 2014 | Drilling / Completions, South Africa

Windhoek, Namibia  – U.S.-based international oil and gas company, Murphy Oil Corporation and Austria’s OMV are to search for oil and gas off Namibia’s coast, the southwest African country’s petroleum commissioner said on Thursday. Immanuel Mulunga told Reuters the deal involving block 2613 A&B had been approved by Mines and Energy Minister Isak Katali. It was not clear if it had been finalised or if all the parties had signed it. A spokesman for OMV declined to comment. Murphy officials were not immediately available. Brazilian …