Norske Shell Decommissions the Knarr Field in the North Sea
The Norwegian Ocean Industry Authority (Havtil) has granted Norske Shell permission to carry out decommissioning work at the Knarr field in the northern North Sea. Havtil reports. Knarr oil and gas field: located 50 km northeast of the Snorre field; discovered in 2008 by exploration well 31/3-1С, drilled by a …
ExxonMobil and Partners Discovered Oil in Block 15 Offshore Angola
The Angolan National Agency of Oil, Gas and Biofuels (ANPG) reported the successful drilling of the Likembe-01 exploration well, located in the Kizomba B development zone, Block 15, operated by ExxonMobil in partnership with Azule Energy, Equinor and Sonangol. Likembe-01 is located at a depth of 1200 meters, intersecting Miocene …
New ERD Record. Another Long Reach Well Was Built at the Semakovskoye Field
RusGazAlliance, a joint venture between Gazprom and RusGazDobycha, set a new all-Russian record for drilling long-reach wells at the Semakovskoye gas field. RusGazAlliance reported this on May 13, 2024. Whatever the well, it’s a record! A new record in the construction of extended reach wells (ERD wells) was set by …
Equinor and Petoro Exchanged Offshore Assets
Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area. This was reported by the Equinor press service. Equinor will increase its participation in the Heidrun and Noatun fields and reduce its participation in the Tyrihans and Castberg, Carmen and Beta fields. Theses by K. …
In Kazakhstan Oil Production Returned to Normal after Floods
The country’s Energy Minister Almasadam Satkaliev noted that about 500 wells were flooded. Oil production in Kazakhstan has returned to normal after large-scale floods. Kazakhstan’s Energy Minister Almasadam Satkaliev told reporters about this. “There was a slight decrease in oil production, about 500 wells were flooded. This mainly affected the …
Iraq Sells Oil and Gas Fields for First Time since 2018
For the first time in the last 6 years, Iraqi authorities are holding a competition for the distribution of oil and gas licenses. More than 20 European, Chinese, Arab and Iraqi companies entered the competition, but not a single major oil company from the United States. Let us recall that …
Colombia Reaches 800 Thousand Barrels of Oil Production Per Day
Already in May, oil production in Colombia could reach 800 thousand bpd compared to last year’s level of 777 thousand. Oil production in Colombia is approaching the 800 thousand bpd mark, although the Andean country is trying – not without obstacles – to switch to renewable energy sources. Bogota could …
Polish PGNiG Is Preparing for Drilling Operations on the Norwegian Shelf
The Norwegian Ocean Industry Authority (Havtil) has issued PGNiG Upstream Norway (PUN, part of the Polish Orlen Group) permission to conduct drilling operations in the Norwegian Sea. Havtil reports. Drilling operations will be carried out under production license PL1055, which was issued on February 14, 2020 and will be valid …
The US Shale Industry is Burning More and More APG
Oil producers in Texas are trying to get rid of excess natural gas by flaring it. Regulator The Railroad Commission of Texas (RRC) last week approved 21 requests from operators, mostly in the Permian and Eagle Ford shale plays, for exemptions from the flaring ban. Moreover, the requested combustion volumes …
KazMunayGas Allocated More Than 60 Billion Tenge for the Rehabilitation Project for the Uzen and Karamandybas Fields
The Chairman of the Board of KazMunayGas (KMG) M. Mirzagaliev held a meeting on the project for the rehabilitation of the Uzen and Karamandybas fields. Project budget for 2023-2024 amounted to 68 billion tenge (about 154 million US dollars). This was reported by the KMG press service. Participating in the meeting …