Industry News

Industry News

Mubadala Energy makes gas discovery offshore Indonesia

Mubadala Energy announced a gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, about 100 km offshore North Sumatra, Indonesia. This is the first deepwater well operated by the company, drilled to a depth of 4,208 m in 1,207 m water depth.The well encountered an extensive gas column with a thickness of over 230 m in an Oligocene sandstone reservoir. A complete data acquisition, which included wireline, coring, sampling and production test (DST) was conducted. The well successfully flowed over 30 million standard cu ft/day of excellent gas quality.“With our strategy to expand our gas portfolio to support

Corva, Nabors see early results from partnership on automation system

In February, Corva and Nabors announced a partnership in which Corva’s AI/machine learning-based system, “Predictive Drilling,” would be employed within Nabors’ SmartROS and RigCloud systems to help optimize ROP and reduce downhole dysfunctions. In the months since that announcement, the companies have seen a noticeable impact in drilling performance – over the summer, a Delaware Basin operator deployed Predictive Drilling on four Permian Basin wells, increasing average ROP by 36% and decreasing average vibration by 9.7%. In this video, DC visited Corva’s headquarters and Nabors’ headquarters in Houston, Texas, to discuss how the partnership came about, the challenges of integrating

Baker Hughes: Latest advances in flexible pipe technology can help drillers boost efficiencies

Flexible pipe systems have been a staple in oil and gas production, and in drilling, for years. However, the technology is constantly evolving as the demands for it have grown and diversified, said Domenico Di Giambattista, VP of Flexible Pipes Systems at Baker Hughes. In this video interview with DC, Mr Di Giambattista talks about some of the new developments in flexible pipe technology, along with the ways in which these developments can help drillers. He also speaks about the latest offerings Baker Hughes has in its flexible pipe portfolio.(2023-12-12)

PTTEP makes three new discoveries offshore Malaysia

PTT Exploration and Production (PTTEP) has announced consecutive oil and gas discoveries offshore Malaysia.CEO Montri Rawanchaikul disclosed that its subsidiaries, PTTEP HK Offshore and PTTEP Sarawak Oil, have made new oil and gas discoveries in three fields offshore Sarawak, Malaysia, including the Chenda-1 exploration well in block SK405B as well as Bangsawan-1 and Babadon-1 exploration wells in block SK438. These fields are in adjacent areas previously discovered by the company.They have proven to be high-quality oil and gas reservoirs, especially Babadon-1, revealing massive sweet gas sandstone reservoirs of up to 200 m thickness.PTTEP has also achieved a positive outcome with

Shell exploration wells in UK North Sea are on track ahead of 2024

Preparatory works for the Shell-operated Selene and Pensacola wells in UK southern North Sea are progressing towards being drilled in 2024 according to an update from Deltic Energy, one of Shell’s partners on the wells.The first of the two wells to be drilled is an exploration well on the Selene gas prospect on License P2437. The initial geophysical site survey on Selene was completed during the summer and the data acquired was used to inform the geotechnical survey, which is due to commence in the first half of December 2023.The Selene prospect is considered one of the largest unappraised structures

Solstad Offshore secures two new contracts in Australia

Solstad Offshore has announced contract awards in Australia for two of its vessels.CSV Normand Australis has been contracted by a subsea contractor for a minimum of 150 days firm, with options to extend thereafter. The contract will commence during Q4 2023.Additionally, the large AHTS Normand Sirius has been contracted by an international energy company for a minimum period of 160 days to support a drilling campaign offshore Western Australia. The contract will commence in Q2 2024, with options to extend the contract a further 250 days beyond the firm contract period.(2023-11-29)

Custos Energy confirms initial PEL 83 exploration well drilling operations offshore Namibia

Custos Energy has announced that the Mopane 2X exploration well located on blocks governed by Petroleum Exploration License 83 (PEL 83) in the heart of Namibia’s Orange Basin has been spud. The Mopane prospect complex is located at the southern end of PEL 83, which is operated by a subsidiary of Galp Energia of Portugal.The Mopane exploration well is the first of two wells that are scheduled to be drilled by the semi-submersible rig Hercules under a contract that provides for two wells and optional testing. PEL 83 is located immediately north of PEL 39, home to Shell’s basin opening

Equinor selects KCA Deutag for major electrification project on Askepott rig

KCA Deutag has been awarded a contract to conduct a major project to electrify Equinor’s jackup rig, Askepott, in Norway. The electrification project, delivered by KCA Deutag’s Kenera business unit, will make the Askepott rig the first in Equinor’s portfolio to be powered from onshore when it is completed in Q4 2024.Askepott will receive power from high voltage cabling via the Martin Linge A platform, which is already supplied with power from the shore and is located 42 km west of the Oseberg Field in the Norwegian Continental Shelf (NCS).The electrification of the Askepott rig in the field will enable

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