Jaxon
Caines
Hart Energy
Shell Offshore Takes FID on Waterflood Project in GoM
Shell Offshore’s waterflood secondary recovery process involves injecting water into the reservoir formation to extract oil.
Amid Flagging US Activity, OFS Sector Looks to 2025—and Overseas
Despite a slowdown in U.S. activity expected to last until 2025, overseas and offshore markets helped the oilfield services sector deliver solid second-quarter results.
Gran Tierra Makes Oil Discovery in Ecuador’s Charapa Block
Gran Tierra Energy’s oil discovery at the Charapa-B6 well will be its fifth discovery in Ecuador.
CNOOC Discovers Over 100 Bcm of Proved Gas in South China Sea
CNOOC’s Lingshui 36-1 is the world’s first large, ultra-shallow gas field in ultra-deep water.
The Latest
Transocean Scores $232MM Contract for Deepwater Atlas
Transocean’s newest $232 million ultra-deepwater contract follows the company’s $123 million contract for six wells offshore India by Reliance Industries.
CNOOC Makes Ultra-deepwater Discovery in the Pearl River Mouth Basin
CNOOC drilled a natural gas well in the ultra-deepwater area of the Liwan 4-1 structure in the Pearl River Mouth Basin. The well marks the first major breakthrough in China’s ultra-deepwater carbonate exploration.
Trillion Energy’s Offshore Turkey Well Begins Gas Production
Trillion Energy’s Akcakoca-3’s wellhead pressure increased to 616 psi, allowing the well to be put into production.
Hurricane Francine Bears Down on Central Louisiana LNG Facilities
Sempra’s Cameron LNG, Venture Global LNG’s facilities in Calcasieu Pass and Tellurian’s site for Driftwood LNG will all be close or in the path of Francine.
Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production
The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.
Chevron Launches New Hydraulic Fluid for Marine, Construction Use
Chevron said its Clarity Bio EliteSyn AW hydraulic fluid meets or exceeds the biodegradation, toxicity and bioaccumulation limits set by government regulations.
Patterson-UTI Updates Drilling Rig Status
Patterson-UTI’s monthly announcements represent the company’s average number of revenue-earning drilling rigs in the U.S.
No Good Vibrations: Neo Oiltools’ Solution to Vibrational Drilling Problems
Vibrations cause plenty of costly issues when drilling downhole, but Neo Oiltool’s NeoTork combats these issues, enhancing efficiency and reducing costs.
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.