OGJ ED&P - Jun 27th, 2023
OGJ ED&P | View online
June 27, 2023

The wait is over. Achieving high performance upstream goals while saving millions in fuel costs and lowering emissions is now a reality. Innovative technology is transforming the hydraulic fracturing industry and playing a key role in improving environmental impacts. Learn more about the benefits of direct-drive, turbine technology powered by natural gas and high hydraulic horsepower.

Woodside Energy made a final investment decision to develop the Trion resource in Mexico, 19 miles south of the US-Mexico border and 112 miles from the Mexican coastline in 8,200 ft of water. First oil is targeted for 2028.
The company also has signed a deal for nearly 23,000 Texas acres and will add a rig in October.
Civitas Resources has agreed to acquire Permian basin assets from two NGP Energy Capital portfolio companies.
Trinity Exploration & Production PLC encountered oil in the shallow secondary formations of the Jacobin well, onshore Trinidad.
Ovintiv Inc. has closed its previously announced acquisition of core Midland basin assets, adding 1,050 net 10,000-ft well locations and about 65,000 net acres of largely undeveloped land adjacent to Ovintiv's existing Permian operations.
Invictus has let well services contracts to drill the Mukuyu-2 well in Cabora Bassa basin, Zimbabwe.
Harbour Energy PLC signed a letter of intent to extend its contract for use of Dolphin Drilling AS’s Paul B. Loyd Jr. semi-submersible rig until September 2027.
Valeura Energy Inc. has let a drilling contract to Borr Drilling Ltd. for its Mist jack-up drilling rig in Thailand.
ADNOC has let five 10-year contracts to ADNOC Drilling Co. PJSC across five fields in ADNOC’s offshore portfolio in the Arabian Gulf. The contract is worth $2 billion.
OMV Petrom will develop Domino and Pelican South gas fields in Neptun Deep offshore block in the Black Sea about 160 km from shore in water depths between 100 m and 1,000 m.
TAG Oil Ltd. has put well BED 1-7 online in Badr oil field (BED-1) in the Western Desert of Egypt and will spud a horizontal well in July.

Improved shale reservoir training has been declared as a critical requirement for meeting future oil and gas demands. This book answers that call by addressing the reservoir characteristics, lab tests, and critical evaluation concepts that are somewhat unique to shale oil & gas plays. The information is concise, practical, and primarily intended for those directly engaged in ranking, valuing, or optimizing shale development opportunities.

Aker Solutions ASA has awarded Strohm BV a contract to supply carbon fiber-PA12 composite jumpers to support work being carried out at TotalEnergies SE’s Moho infill project in the Republic of the Congo. The jumpers will be delivered by end-2023.
Tower Resources PLC completed a basin modelling of license PEL 96 in Namibia, covering offshore blocks 1910A, 1911, and 1912B, to identify prospects and leads in the license.
Gulf Keystone Petroleum Ltd. plans to restart production in Shaikan field in the Kurdistan Region of Iraq after the Kurdish Regional Government announced that it had reached an agreement with the Iraqi government to allow resumption of oil exports.
Woodside Energy Julimar Pty. Ltd. has awarded TechnipFMC a contract to engineer, procure, construct, and install (EPCI) flexible pipes and umbilicals for its Julimar Phase 3 development, offshore Western Australia.