OGJ ED&P - Feb 27th, 2024
OGJ ED&P | View online
February 27, 2024
Ecopetrol SA discovered gas in the Orca Norte-1 deepwater well in the Colombian Caribbean.
Woodside Energy Group Ltd. has let a subsea wellhead systems contract to Dril-Quip Inc. for the Trion development offshore Mexico.
bpTT spudded its first well on Cypre field offshore Trinidad.
Esso Exploration and Production Nigeria (Deepwater) Ltd. has let a contract to Helix Energy Solutions Group Inc., Houston, for well intervention services offshore Nigeria.
Shell Offshore Inc. started production at Rydberg, a subsea tie-back to the Appomattox production hub in the Gulf of Mexico.
ExxonMobil Corp. has renewed Nigerian deepwater oil mining leases 133 and 138, for the Erha and Usan blocks, respectively. The 20-year renewals included extensions of PSC for the blocks with partner NNPC.
Capex SA has completed first phase drilling a four-well pad in Vaca Muerta shale in the Agua del Cajón block in Argentina.
Vista Energy S.A.B. de C.V., the second-largest unconventional oil operator in Argentina, plans to invest $900 million dollars to connect 46 new wells in Vaca Muerta and increase its total production to 70,000 boe/d.
Chesapeake Energy Corp., Oklahoma City, plans to pay about $7.4 billion for Southwestern Energy Co. to create a natural gas producer with daily production slightly larger than that of Chevron Corp. and Exxon Mobil Corp. The proposed all-stock combination of Chesapeake and Southwestern will create an entity with more than 5,000 locations in Haynesville...
The combined company’s fourth-quarter 2023 production in the Williston basin was about 260,000 boe/d.
Enterprise Products Partners LP, Houston, has increased its stake in certain midstream assets in Texas through deals with Western Midstream Partners LP.
Vår Energi ASA has let a 2-year contract extension to KCA Deutag to provide for offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea.

This nontechnical treatment of oil and gas production is an excellent introduction for anyone from petroleum engineers and geologists new to their careers to financial, marketing, legal, and other professionals and their staff interested in the industry. Covering all production fundamentals, it backs up to give the necessary upstream background—geology, origins of oil and gas, and ownership and land rights—as well as surface operations.

Perenco Oil & Gas Gabon (POGG) has spudded an appraisal well in the vicinity of the Hylia South West discovery, offshore Gabon.
Petrobras has let a contract to Baker Hughes for integrated well construction services in Buzios field, offshore Brazil.
Finder Energy Holdings Ltd. has identified prospects in WA-547-P in Northern Carnarvon basin, offshore Western Australia, and is seeking a farmout partner to fund exploration activity to test prospectivity.
Vår Energi ASA increased production from equipment improvements and new drilling at Balder and Ringhorne fields 220 km from Stavanger in the Norwegian Continental Shelf.
ExxonMobil Corp. has agreed to divest its 15.9% interest in the Shell Offshore Inc.-operated Ursa and Princess oil assets in the deepwater Gulf of Mexico.
Chesapeake will focus on building up to 1 bcfd of reserve capacity; ‘The market is pretty clearly telling us it doesn’t need our gas today.’
ExxonMobil has increased oil production in Guyana’s Stabroek block to 640,000 b/d, an increase of about 68%, according to Huzefa Ali, production director of ExxonMobil in Guyana.
Equinor Energy has been granted a drilling permit for appraisal wells 15/3-13 S and A in the Brokk prospect in the North Sea.
Aker BP has been granted a drilling permit for appraisal well 24/6-5 in the North Sea.
Tethys Oil is preparing to drill Kunooz-1, the first exploration well in the Fahd area of Block 58, onshore Oman.
Oil and Gas Development Co. Ltd. (OGDCL) made a significant gas-condensate discovery from the Kharo-1 exploration well in the Khewari exploration license area, District Khairpur, Sindh Province, Pakistan.
88 Energy Ltd. will flow test the Hickory-1 well in Project Phoenix on the North Slope of Alaska after constructing an ice pad and commissioning All American Oilfield’s Rig 111.