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DECEMBER 10, 2019
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OPEC and its allies finalized an agreement on the second day of the organization’s meeting in Vienna Dec. 6, agreeing to jointly reduce supply by an additional 500,000 b/d through the end of March 2020.
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Apache Corp. has set a new target depth of 6,900 m for its first exploratory well in Block 58 offshore Suriname to evaluate a third play type in the Cretaceous.
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Equinor and OMV agreed on transferring the operatorship for the Wisting license and development phase in the Barents Sea.
Fabrication of the first two jackets required for offshore facilities as part of the North Field Expansion (NFE) project is complete, Qatar Petroleum reported.
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Woodside Petroleum Ltd., Perth, operator for Sangomar oil field (formerly the SNE field) 100 km offshore Senegal, has submitted its development and exploitation (D&E) plan to the Government of Senegal.The SNE field was renamed Sangomar several…
Premier Oil PLC reported the start of natural gas production from its operated Bison, Iguana, and Gajah Puteri (BIG-P) project on Natuna Sea Block A offshore Indonesia.
Neptune Energy, London, has closed on a farm-in agreement to acquire working interest in a production-sharing contract in the Kutei basin offshore East Kalimantan, Indonesia, from Eni SPA subsidiary Eni East Sepinggan Ltd.
Hurricane Energy PLC spudded the 204/30b-4 well (Warwick West) in the Greater Warwick Area (GWA) west of UK Shetland Islands on Sept. 24. The rig will plug the well before demobilizing.
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Naftna Industrija Srbije (NIS) is progressing exploration programs in onshore Romania, the company’s joint venture partner East West Petroleum Corp. reported. The joint venture’s four onshore exploration blocks, Tria (EX-2), Balle Felix…
Australia-based Whitebark Energy successfully drilled its Rex-3 Wizard Lake development well in Alberta, Canada, to 3,673 m MD, encountering excellent quality reservoir with oil shows and porosities up to 23% over horizontal intervals of at least…
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