Fossil Energy
Guyana clears revised work program for CGX’s Corentyne block
The Government of Guyana has approved resequencing of CGX Energy’s work program in the offshore Corentyne block.
Green light for Aker BP’s North Sea well
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 30/12-2, which is located in the North Sea offshore Norway.
Mubadala completes two Gulf of Thailand wells
Mubadala Petroleum has reached final total depth at two development wells at Manora Oil Field in the G1/48 concession, located in the Gulf of Thailand, and re-started drilling operations on the MNA-22 well.
Cooper spuds first gas exploration well in offshore Otway in seven years
The Diamond Offshore-owned Ocean Monarch drilling rig has spudded Cooper Energy’s Annie-1 gas exploration well located offshore Australia.
Capricorn drills duster in Norwegian Sea
Capricorn Norge has completed the drilling of wildcat well 6608/11-9 in the Norwegian Sea and the well is dry.
Byron set for Cutthroat well in Gulf of Mexico
Byron Energy is preparing to drill the SM58 011 well and test the Cuthroat prospect located on its operated SM58 lease in the U.S. Gulf of Mexico.
U.S. weekly offshore rig count falls to 24
The number of offshore rigs in the U.S. dropped for the second time in a row, according to weekly rig count reports published on Friday by Baker Hughes, a GE company.
Abrado to assist with P&A on over 30 Chevron wells off California
Plug and abandonment service provider Abrado Wellbore Services has secured a multi-million dollar contract from Chevron to support the plug and abandonment of more than 30 wells offshore California.
Popular news, July 29 – August 4, 2019
Offshore Energy Today’s most popular news of the past week.
Record production volumes lift Chevron profit
Oil major Chevron Corporation saw an increase in its quarterly earnings boosted by record production volumes driven by growth in the Permian Basin and at Wheatstone in Australia.
ExxonMobil profit drops in 2Q
U.S. oil major ExxonMobil booked a smaller profit in the second quarter of 2019 compared to the prior-year, but the company’s production increased by 7 percent.
Early termination for Seadrill’s Ivory Coast deal
Seadrill Partners has received an early termination notice for the West Vencedor rig contract offshore Ivory Coast.
Noble Corporation narrows second quarter loss
Offshore drilling contractor Noble Corporation reduced its quarterly loss as its revenues grew during the second quarter of 2019.
Green light for Neptune’s Juliet decommissioning plan
Oil and gas company Neptune Energy has received approval for its decommissioning plan for the Juliet field located in the UK North Sea.