Upstream News

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

	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...
	ADNOC awards for Eni and PTTEP Consortium 14th January 2019 First blocks to be awarded as part of Abu Dhabi’s competitive open block licensing strategy to accelerate exploration and unlock value from its substantial hydrocarbon resourcesThe Abu Dhabi National...
	‘The industry must innovate to unlock new value’ says Subsea UK 10th January 2019 The call was issued as Subsea UK announced the final speaker line-up and programme for its 14th annual conference and exhibition, Subsea Expo. Europe’s largest annual subsea event will take place at...
	BP plans for significant growth in deepwater Gulf of Mexico 10th January 2019 The $1.3 billion Atlantis Phase 3 development is the latest example of BP’s strategy of growing advantaged oil production through its existing production facilities in the Gulf. The approval...
	Aker BP awards Optime Subsea long term well access contract 10th January 2019 The well access system that is part of the long term contract is Optime Subsea’s cost efficient and innovative "Subsea Controls and Intervention Light System" (SCILS). With the long term...