North Sea

Reservoir Evaluation , Deepwater , Digital Oilfield

Schlumberger Introduces Intelligent Wireline Formation Testing Platform

The Ora platform brings unprecedented performance in dynamic reservoir characterization.

September 18, 2019

Digital Oilfield

Equinor’s Engineers Start Johan Sverdrup Digital Transformation With Aucotec

Norway-based Equinor ASA, formerly Statoil, will be digitizing and maintaining its plants with Aucotec's data-driven, cooperative platform Engineering Base (EB), the company said on Sept. 17.

September 17, 2019

Field Development

Equinor Starts Production At Utgard Field In North Sea

Daily production at plateau will be about 43,000 barrels of oil equivalent. Utgard’s recoverable resources are estimated at about 40 million barrels of oil equivalent.

September 17, 2019

Deepwater , Digital Oilfield

Chevron Fires Warning To Oil, Gas Independents

Speaking at Offshore Europe, John O’Brien, deepwater focus manager at Chevron, explained how a change in attitude and the adoption of digital technologies is allowing oil and gas majors to become nimbler and less averse to risk.

September 12, 2019

People

In Memoriam: The Life, Career Of T. Boone Pickens

The longtime oilman, philanthropist, corporate raider and hedge fund owner founded the Pickens Plan for U.S. energy independence and clean energy.

September 11, 2019

Digital Oilfield

Flylogix, Total Launch North Sea Drone Initiative

Flylogix Ltd., the Beyond the Horizon unmanned aircraft company, has launched a North Sea drone initiative in collaboration with oil and gas multinational Total SA, NATS, the U.K.’s leading provider of air traffic navigation services, and the Oil & Gas Technology Centre (OGTC).

September 9, 2019

Field Development

Equinor Sees Johan Sverdrup Oil Field Output Rising To 660,000 Barrels Per Day By 2022

Output from the field will start up in October and the company is in the process of issuing a sales tender for crude from the field this week, a senior executive for the company said.

September 9, 2019

Exploration & Production , Acquisitions & Divestitures

Exxon Mobil Confirms Exclusivity Deal For Norwegian Upstream Sale

Reuters reported on Sept. 5 that Exxon Mobil had agreed to sell its stakes in around 20 partner-operated fields, two years after selling its operated assets, for up to $4 billion.

September 6, 2019

Public Capital , Field Development

Equinor Plans Early Sverdrup Start-up, $5 Billion Share Buyback

The field’s first phase is projected to reach a peak output of 440,000 barrels per day (bbl/d) of oil in summer 2020.

September 5, 2019

Exploration & Production , Lease Sales

Norway Says 33 Oil Firms Seek Exploration Blocks In Mature Areas

Bidders included oil majors Royal Dutch Shell, ConocoPhillips and Total. Equinor, Aker BP, Lundin Petroleum, DNO and Eni’s Vaar Energi were also on the list.

September 4, 2019