In case you missed it, here’s a look at this week’s top five drilling activity highlights from around the world:
- Offshore Guyana Exploratory Scheduled for Corentyne Block
- Rodhette Exploration Well in North Sea Hits 29-m Hydrocarbon Column
- Two Ford West Field-Upper Wolfcamp Completions in Reeves County, Texas
- CNNOC: Heavy oil Discovery in Southern Bohai Basin
- Upper Wolfcamp Completion by EOG in Eddy County, N.M.
For more up-to-date information on the latest U.S. and international exploration wells visit Hart Energy’s online Drilling Activity Highlights database.
2022-11-29 - In response to a G7 proposal to cap Russian oil prices, the Kremlin has promised to re-route supplies to countries that do not support the idea, with both China and India increasing oil purchases from Moscow.
2022-11-29 - ConocoPhillips and QatarEnergy signed two agreements to ship Qatari-produced LNG to Germany starting in 2026, helping to fill the energy supply gap created in that European country by reduced gas flows from sanctioned Russia.
2022-11-29 - When asked about the impact of the EU measures, IEA’s Fatih Birol said: “We expect towards the end of the first quarter 2023 that there may be a loss of 2 million barrels per day of Russian oil and there is a need to replace that oil.”
2022-11-29 - Freeport LNG is expected to resume partial operation in December and reach about 80% of operations in early January.
2022-11-29 - Executives at Venezuelan state firm PDVSA are less enthusiastic after learning of license terms that will not allow Chevron to reimburse operational costs or pay taxes and royalties in Venezuela, according to sources.