OGJ ED&P - Dec 12th, 2023
 
 
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December 12, 2023
bp PLC spudded the first production well from the new Azeri Central East platform for the ACG field development project in the Azerbaijan sector of the Caspian Sea.
LLOG Exploration Co. LLC, Covington, La., has entered agreements to sell partial interest in certain Gulf of Mexico oil and gas assets to Australia-based Karoon Energy Ltd. for $720 million.  LLOG Exploration Offshore LLC and LLOG Omega Holdings LLC will divest to Karoon a 30% interest in Who Dat and Dome Patrol fields and associated infrastructure...
SM Energy Co., Denver, will increase Midland basin drilling activity this quarter and ramp up capital spending by 30% as the company looks to build on a recent land exchange. SM Energy spent $228 million in third-quarter 2023 as part of a development that includes 24 net wells drilled, 13 of them in South Texas and 11 in the Midland basin. For the ...
Ovintiv Inc., Denver, has increased its full year 2023 production guidance on strong well productivity and faster-than-expected integration of Permian basin assets acquired in a multi-billion-dollar deal earlier this year.  Full-year production volumes are expected to average 550,000-560,000 boe/d, with full-year capital investment of $2.745-2...
Valeura Energy Inc. restarted oil production at Wassana field in license G10/48 in Pattani basin, Gulf of Thailand.
PTTEP HK Offshore Ltd. and PTTEP Sarawak Oil Ltd. have made new oil and gas discoveries in three fields offshore Sarawak, Malaysia
Longboat JAPEX Norge AS has farmed down two exploration licenses on the Norwegian Continental Shelf through an agreement with Concedo AS.
Energean will drill an appraisal well after farming into Chariot Ltd.’s acreage offshore Morocco, which includes the Anchois gas development.
Invictus Energy discovered gas in the Mukuyu-2 sidetrack well in Cabora Bassa basin, Zimbabwe.
Suncor has restarted the Terra Nova FPSO offshore Newfoundland and Labrador.
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A handbook of theories and practices.  It includes practical advice on the analysis and troubleshooting of gas lift installations. All necessary calculations are fully discussed, and the many charts in the appendices are intended to help field engineers. This book will be particularly useful to those needing to research this technology, as the author has supplied extensive resource references to other literature sources.

Vår Energi has been granted a permit by the Norwegian Petroleum Directorate to drill in the Barents Sea.
Production of associated natural gas has nearly tripled since 2018 in the three top-producing tight oil plays in the Permian basin.
Woodside will progress into execution phase activities to develop Trion field offshore Mexico, having received field development plan approval from Mexican regulator, Comision Nacional de Hidrocarburos (CNH).