| | | | | | "The Johan Castberg volume base initially estimated at 450-650 million barrels, our ambition is to increase the reserves by between 250-550 million barrels. We are already planning six new wells to extend plateau production," an Equinor executive said. |
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| | | | The well is the second appraisal of the 6507/5-10 S (Slagugle) oil discovery and the third exploration well in production license 891. |
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| | The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd in 2026. |
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| | | | The fast-track development will contribute to sustaining production through the newly installed Jotun floating production storage offloading vessel. |
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| | | Once regulatory approvals are in place, field development will begin with production expected to start in 2027. |
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| | The 210,000-tonne CGS spent a month at the head of Placentia Bay, Newfoundland, where it was made ready for towing and ballasted to a draft of 65 m, the company said via its official LinkedIn account June 13. |
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| The company began drilling the AND-5 well at Andorinha field in Brazil. The well is aimed at the Açu and Alagamar formations at a targeted total depth of about 1,177 m. |
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| | | Algeria’s National Agency for the Valorisation of Hydrocarbon Resources awarded the licenses following bids received for the round, the first call for tender conducted under the hydrocarbon law No.19-13. |
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| | | | Sponsored | | Encompasses development, production, processing, and transportation. Each chapter is organized by sector for easy reference, covering best practices, relevant equipment and facilities, and a wealth of additional resources, all in one convenient source. Early-career engineers will benefit from the broad overview, while more advanced engineers can delve into sections pertinent to their specific roles. |
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| | | | Notice to suspend production from the FPSO comes as geopolitical tensions escalate in the region. |
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| | The well will target layers from the Pliocene-Miocene age in the Vinekh prospect and is expected to find natural gas. |
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