Upstream News

Global coverage of exploration and production, field development, shale, fracking and other upstream sector developments

	Gas and condensate discovery south of the Kristin field 16th January 2019 Recoverable resources are estimated at 6-25 million barrels of oil equivalent.“We are pleased to start the new year by announcing a new discovery. Exploring for resources close to existing...
	Ocean Infinity to perform AUV Surveys in Brazil 16th January 2019 The project is for the Campos, Espirito Santo and Santos basins, offshore Brazil, and will see Ocean Infinity working under contract to Cepemais to map an area of 5,000km2 and inspect 12,000km of pipelines...
	New exploration captures support Eni's aggressive Middle East growth strategy, says GlobalData 16th January 2019 Will Scargill, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on their place within the company’s wider strategy:“Eni’s recent acreage...
	Total Starts Up Production of the Giant Egina Field 16th January 2019 At plateau, the Egina field will produce 200,000 barrels of oil per day, which represents about 10% of Nigeria’s production.The Floating Production Storage and Offloading (FPSO) unit used to develop...
	Frack jobs peaked in May/June 16th January 2019 We conclude that nationwide fracking activity was mostly stable from April 2018 to August 2018 at an average daily level of 48 to 50 fracked wells. However, the fracking rate has slipped some since and...
	BP continue growth in Oman 16th January 2019 Under the HoA, the two companies will work with the Government of Oman towards the award of a new exploration and production sharing agreement (EPSA) for Block 77 in central Oman. BP and Eni will now enter...
	Drilling to start soon at Colter well (Wessex Basin UK) 15th January 2019 In November last year, UK-based Corallian Energy revealed its plan to commence a two-well work programme, starting with the drilling of the Wick well, followed by drilling of Colter scheduled for Q1 2019....
	Global opportunities to be explored at Subsea Expo 15th January 2019 As the industry experiences record highs in investment and exports, the Department for International Trade (DIT) will be hosting an International Trade Day on Wednesday, 6th February to highlight the...
	CGG Continues to Expand Anadarko Basin Library with New SCOOP/STACK Survey 15th January 2019 High-end imaging will provide a better understanding of the complex geology in this area, including enhanced definition of the Meramec, Osage, and Woodford plays. The Chickasha Extension is located in...
	Vryhof secures US$75 million in new contracts 15th January 2019 The contracts include landmark deals for Vryhof Anchors for the WindFloat Atlantic wind farm, offshore Portugal, the world’s first commercial floating wind farm, and the Havfarm 1 offshore fish farm...