A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…
Lundin Petroleum started appraisal drilling at Gohta in the Barents Sea, and on the Edvard Grieg field in the North Sea. At Gohta, appraisal well 7120/1-5 in PL492, is being drilled by the Leiv Eiriksson semisubmersible drilling rig. The…
UK independent Arenite Petroleum is seeking investors to help it drill a proof-of-concept horizontal well into UK Permian carbonates, as well as test an underlying Carboniferous strata. The move, which will target two horizons in the Permian carbonates…
Lukoil has struck more pay at its third well in the Vladimir Filanovsky field in the shallow waters of the Caspian Sea. The LSP-1, from Lukoil. The horizontal section of the well is 1217m long…
OMV's Norway VP said the Wisting discovery in the Norwegian Barents Sea could contain more than 1 billion boe in place. Image of Eni's Goliat FPSO in the Barents Sea. David Latin stated the figure at an energy conference…
The drill floor robot is no longer a vision, it’s a reality and it’s going to start operations offshore Norway next year. Elaine Maslin reports. The world’s first drill floor robot installed at the Ullrigg Drilling and Well Centre…
Hurricane Energy is suspending the Lancaster sidetrack well offshore the UK to develop as a future producer and moving on to its Lincoln well. Technip today also confirmed a win for its subsea joint venture with FMC Technologies, Forsys Subsea…
Norwegian floating production firm Sevan Marine has been awarded a study to evaluate use of its cylindrical hull design for use on the Wisting field, the northernmost oil discovery offshore Norway. OMV is screening various floating alternatives…
Russia's Rosneft has made a gas condensate discovery named Wild Orchid offshore Vietnam. The well was drilled using the Hakuryu-5 semisubmersible drilling rig during Q2 this year, operated by RN-Vietnam, in Block 06.1. Volume of reserves…
Norway’s Petroleum Safety Authority (PSA) is retracting an order handed to COSL Drilling Europe in April regarding a fatal accident onboard the COSL Innovator on 30 December 2015, after discovering new information and finding that no deviations were found in the design of the rig…
UK-based fractured basement explorer Hurricane Energy has spudded its 205/21a-7 Lancaster well, west of Shetland. The well is a pilot well, the first in a two-well program, designed to refine the Lancaster resource range, provide a second…
Subsea technology and developments have been essential to unlocking the Norwegian subsea industry, but they are being challenged by alternative solutions and need to up their game to thrive in the future, a senior Statoil executive told the Underwater Technology Conference in Bergen…
UK-based fractured basement explorer Hurricane Energy has suspended farm-outs talks on its west of Shetland Lancaster project after raising enough financing to do its latest appraisal work itself. The firm raised £52.1 million in May…
Russian oil giant Rosneft has started drilling on the Lebedinskoye oil and gas condensate field, which sits under the Sea of Okhotsk, in Sakhalin region, Russia. It will drill a 5.3km-long, horizontal extend-reach well, drilled from the coast of Sakhalin Island…
Houston-based Anadarko Petroleum has successfully drilled its first horizontal deepwater well offshore the Ivory Coast. The firm encountered 100ft net of true vertical thickness (TVT) pay on the Paon-5A well using Bolette Dolphin drillship…
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