PeruPetro, the responsible government agency, has granted independent oil and gas exploration and production company Baron Oil to drill the Cuy-Z34-13-1X exploration well offshore of northwest Peru in Block Z-34. The well is planned to be drilled in 5764ft of water to a total depth of 12…
Archer Oiltools, a provider of solutions for well integrity and well performance, has released the SPARTAN plug family, designed to help operators deliver safer wells, boost operational efficiency and reduce costs. Driven by customer demand and industry challenges…
Fractured basement reservoir explorer Hurricane Energy says its previous 300 MMbbl estimate for the Lancaster field, west of Shetland is conservative. The firm has completed technical analysis of the Lancaster, Lincoln and Warwick assets…
Statoil has made a new 20-50 MMboe gas discovery on the Norwegian North Sea Valemon field, at Valemon West. The well was drilled using the jackup rig West Elara, in 133.5m water depth, 160km north-west of Bergen. It is the seventh exploration…
Imagine a library where the books are written in a language so old, few alive can speak it; and the pages crumble to dust when turned. In data terms, this is the state of the UK oil industry’s 50+ years of exploration archives. Elaine Maslin reports on one project aiming to fix it…
Operating in HPHT conditions have led to thicker, heavier subsea equipment that can hold up to extreme environments. Atul Ganpatye and Kenneth Bhalla, of Stress Engineering, discuss challenges associated with the design of this equipment…
Scott Weeden drills down with NOV’s Hege Kverneland to find out why she is excited about using Big Data to predict component failures before they occur. Kverneland Just how exciting is Big Data…
Anadarko has its eyes set on Colombia, announcing further drilling plans in the Purple Angel block, and opportunities it has identified through the Esmeralda 3D seismic survey in the area. Map of Gorgon…
US giant ExxonMobil announced it will start five major offshore projects in 2017-2018, in addition to a Q4 2016 earnings of US$3.7 billion, which took a $2 billion impairment charge from its upstream sector. Image from Exxon…
Lloyd’s Register (LR), a provider of integrity, compliance and specialist risk consulting services, has begun its Subsea Inspection Services to support underwater inspections of subsea pipelines, assets and facilities to energy companies operating offshore…
Italian giant Eni discovered pay at the first appraisal well of its Merakes discovery offshore Indonesia. Image from Eni. The company successfully drilled and tested the Merakes 2 well…
Norway’s Petroleum Safety Authority (PSA) has granted Lundin consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field in the North Sea. Lundin is the operator of the Edvard Grieg field, around 140km west-southwest of Stavanger…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Songa Encourage mobile drilling facilityfor well activities at Norne, Norne satellites, and Alve in the Norwegian Sea. Statoil is the operator of the Norne field in the Norwegian Sea…
Houston's W&T Offshore latest Gulf of Mexico Mahogany field well has been brought on production and is ramping up to full production, the operator says, as it gears up for more drilling on the field. The Mahogany field is in US Gulf of Mexico block Ship Shoal 349…
UK-based MFDevCo, or Marginal Field Development Co., has agreed a collaboration deal with Singapore-based jackup drilling rig operator CDPL, a subsidiary of China Offshore Services Ltd. (COSL). The move will see MFDevCO use CPDL on a 'one stop shop' basis…