OGJ ED&P - Nov 14th, 2023
OGJ ED&P | View online
November 14, 2023

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A recent asset exchange has given the Denver-based company nearly full control of nine 15,000-ft DUCs.
After reaching ‘a little deeper into the bullpen’ this year with assessment work elsewhere, executives plan to build on productivity gains in the company's core basin.
Ovintiv increased its full year 2023 production guidance on strong well productivity and faster-than-expected integration of Permian assets acquired earlier this year.
Mach Natural Resources agreed to acquire from EnCap Investment portfolio company Paloma Partners IV LLC certain interests in oil and gas properties, rights, and related assets in Oklahoma for $815 million.
Woodside Energy Group Ltd. expects production from its Sangomar, Scarborough, and Trion developments in 2024, 2026 and 2028 respectively. The company is also adjusting its approach to Trinidad and Tobago as its shallow-water fields there near end-of-life.
Spirit Energy Ltd. let a decommissioning contract to Well-Safe Solutions to add a well from Appleton field, 160 miles east of Dundee, to the existing scope of the Well-Safe Defender semi-submersible rig.
The Frontier Gas Exploration Grants Program is providing $21.045 million in funding to support on-ground gas exploration activities in Bowen and Galilee basins inland in the western Queensland region of Australia.
Frontera Energy Corp. confirmed pay in the Wei-1 well on Corentyne block, about 200 km offshore Georgetown, Guyana.
ExxonMobil Guyana completed a deal to purchase the Liza Unity floating production, storage, and offloading vessel for $1.26 billion.
Staatsolie began the 2023-24 shallow offshore bid round for 11 new blocks in Suriname.
Beach Energy Ltd., Adelaide, made a natural gas discovery at Tarantula Deep 1 in October. The well, drilled with the Ventia 106 rig onshore North Perth basin in Western Australia, reached total depth of 4,121 m on Oct. 14, 2023.
Lime Petroleum agreed to acquire interest in Brasse field on the Norwegian Continental Shelf.
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Covering the upstream segment of the value supply chain, this easy-to-read and interpret book provides insight into the nature of gas and oil production explaining how it occurs in the earth, how to find it, how to drill for it, how to read well logs for evaluating the well, how to complete a well, how to produce gas and oil, and how to revive mature fields. It also includes newer concepts such as drilling unconventional shale reservoirs.

Equinor AS made a gas discovery by Gina Krog field in the North Sea about 30 km northwest of Sleipner in 120 m of water.
Kosmos Energy increased production 17% quarter-over-quarter to 68,200 boe/d with the startup of Tullow Oil plc-operated Jubilee South East development offshore Ghana, but production ramp-up is slower than expected.
Oil and Natural Gas Corp. (ONGC) has let a transportation and installation contract to McDermott Inc. for the KG-DWN-98/2 development project off the east coast of India.
Kosmos Energy Ltd. has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the Yakaar-Teranga gas discoveries offshore Senegal. The increase in working interest follows bp's exit from the field.