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Deepwater Drilling
by Peter Aird
Latest Headlines

Total makes major gas condensate discovery offshore South Africa
Total has made a significant gas condensate discovery on the Brulpadda Prospects 175 km off South Africa's southern coast in Outeniqua Basin...

JDC's Hakuryu-11 starts drilling campaign for PetroVietnam
(11/21/2019) Japan Drilling Company has advised that its jackup drilling rig Hakuryu-11 has begun a drilling operation offshore Vung Tau, Vietnam...

Hibiscus decides on FPSO for UK North Sea Marigold project
(11/21/2019) Hibiscus Petroleum has concluded its study of various development scenarios for its Marigold and Sunflower Fields in the UK North Sea...
Three exploration wells set for Manora Field in Thai Gulf
(11/21/2019) Tap Oil has reported the planned exploration drilling on the Block G1/48 Manora Field in the Northern Gulf of Thailand had now been approved...

OMV Petrom removes Gloria production platform from Black Sea
(11/21/2019) OMV Petrom has completed removal of the Gloria jackup production platform in the Romanian Black Sea and has transported it to shore...

Invictus obtains geochem report on Zimbabwe's Cabora Bassa Basin
(11/21/2019) Invictus Energy has received the geochemical analysis results from its recent outcrop source rock field sampling program in western Zimbabwe...

Echo & CGC drilling Tapi Aike exploration well onshore Argentina
(11/21/2019) Echo Energy has reported that operator Compania General de Combustibles has begun drilling the Campo La Mata x-1 well in Argentina...

PB-1 exploration well spudded onshore Sumatra, Indonesia
(11/21/2019) Cue Energy Resources has reported operator Texcal Mahato has commenced drilling the PB-1 exploration well in the Mahato Block...

Seabed Geosolutions to shoot another US Gulf 3D OBN survey
(11/21/2019) Seabed Geosolutions has received a letter of intent for another 3D ocean bottom node survey in an active area of the US Gulf of Mexico...

Inpex Masela LNG facility to be on Indonesia's Arafura Sea Yamdena Island
(11/20/2019) Indonesian government regulatory agency SKK Migas has advised the provincial Maluku government that Yamdena Island has been selected...

Jadestone taking majority stake in New Zealand Maari Project
(11/20/2019) Jadestone Energy has entered into a deal with the OMV New Zealand unit of Osterreichischen Mineralolverwaltung to acquire an operated 69% stake...

JZ Nippon wins 5-year extension to Vietnam Block 15-2
(11/20/2019) JX Nippon Oil & Gas Exploration has obtained a five-year license extension from the government of Vietnam for ongoing operations...

Gazprom completes welding Russian segment of Nord Stream 2 pipeline
(11/20/2019) Gazprom has completed welding work on the linear part of the gas pipeline to supply gas to Nord Stream 2 on the Russian territory...

Petrofac acquiring W&W Energy Services
(11/20/2019) Petrofac has signed an agreement with the shareholders of W&W Energy Services to acquire a position in US onshore operations and maintenance...

CNOOC puts Caofeidian well on production in China's Bohai Bay
(11/20/2019) China National Offshore Oil Corporation's CNOOC Ltd unit has commenced production at its operated Caofeidian 11-1/11-6 oilwell...

TGS expanding Malvinas 3D MC seismic survey off Argentina
(11/20/2019) TGS Nopec Geophysical is expanding its Malvinas 3D multi-client seismic program offshore Argentina to encompass approximately 17,800 sq km...

Magseis Fairfield to participate in multi-client project
(11/19/2019) Magseis Fairfield has entered into an agreement with an established multi-client company to participate in a multi-client project in the first quarter of 2020...
Algeria enacts new petroleum law to attract foreign investors
(11/19/2019) Algeria's People's National Assembly has approved legislation aimed at luring in foreign oil and gas firms and bringing in new technology...

Lukoil drills 1st well in Caspian Sea Filanovsky Field Phase 3
(11/19/2019) Lukoil has completed construction of the first well as part of Phase 3 of the development of its Vladimir Filanovsky Field in the Russian Caspian Sea...

Nostra Terra transferring stake in Egypt's East Ghazalat to North Petroleum
(11/19/2019) Nostra Terra Oil & Gas has reached a conditional agreement with regards to the East Ghazalat Concession in Egypt, with North Petroleum International...

Savannah acquire Seven Energy & its Nigerian assets
(11/19/2019) Savannah Petroleum has acquired the assets of Seven Energy International to become a full-cycle exploration and production company...

KrisEnergy selling stake in Indonesia's Andaman II Block to BP
(11/19/2019) KrisEnergy has signed an agreement with BP for the sale of its interest in the Andaman II Concession in Indonesia's Malacca Strait...

CGG to deliver largest ever OBN MC survey in UK Central North Sea
(11/19/2019) CGG has revealed a program to deliver the largest ocean bottom node multi-client survey ever conducted in the UK Central North Sea...
Cadogan awaiting approval of Ukraine Monastyretska production license
(11/19/2019) Cadogan Petroleum has advised that the Ukraine's licensing authority, SGS, has not been able to provide final approval for of its production license...

 For more headlines, select from OGI Departments at top left
Another Perspective

Oil Industry Shakeup Looming in the Permian Basin

Dev George
Managing Editor


Opportunities and Challenges in the Permian, a white paper commissioned by Hastings Equity Partners in partnership with the University of Houston Energy Research, has revealed major industry consolidation looming, a pending bottleneck to meet export demand at the Port of Corpus Christi, and an industry challenge to transport the natural gas that is a byproduct of the crude oil extraction process...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Crude prices drop more than $1.50/bbl on excess supply worries

(11/19/2019) Traders at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) sent crude futures prices down more than US$1.50 per bbl on concerns about the development of a global oversupply and because little or no progress had been made as of the day in negotiations to resolve the US-China trade war, which has been a major contributor to the decrease in oil demand not only in China and the United States but around the world...⇒⇒⇒
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