South America
Deepwater , Logistics , Seismic , Acquisitions & Divestitures
TGS Adds Deepwater Node, Acquisitions To Accelerate Growth
TGS has achieved five milestones accelerating the company’s growth strategy, the company said on Sept. 16.
Field Development , Discoveries
Exxon Mobil-led Consortium Strikes Oil Again Offshore Guyana
Drilled in 2,003 m (6,572 ft) of water by the Noble Tom Madden drillship, the Tripletail-1 well hit about 33 m of high-quality oil-bearing sandstone reservoir, Exxon Mobil said.
Discoveries
Tullow Hits Oil Offshore Guyana, Plans To Drill More Wells In 2020
Although the discovery was smaller than initially estimated, it offers Tullow and its partners better understanding of the block to decide on further exploration drilling and development of production, Tullow CEO Paul McDade said.
Highlights
Best Of This Week’s Drilling Activity Highlights (Sept. 13, 2019)
XTO Permian completions, Woodford producers and Shell to explore for shale in China top this week’s drilling activity highlights from around the world.
Unconventional , International
Colombia Court Maintains Moratorium On Fracking
The decision by three magistrates from the Council of State, which is tasked with ruling on administrative matters, comes amid a larger case about the use of hydraulic fracturing, which breaks up rock formations with pressurized liquid.
Exploration & Production , Lease Sales
Brazil Sells Rights In Minor Oil Areas To Exxon, Murphy, Locals
The companies also pledged a minimum level of investment in the areas, all of which either failed to receive bids in previous auctions or were returned to the state after unsuccessful exploration.
Exploration & Production , Lease Sales
Petrobras Launches Binding Phase To Sell Onshore Oil Blocks
Petrobras will sell 100% of 27 E&P concessions in the so-called Polo Cricare area in Espirito Santo, the company said.
Crude Oil
Oil Slips As US, China Add More Tariffs In Trade War
Oil prices weakened on Sept. 2 after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude.
Field Development
Hess: Liza Destiny FPSO Arrives Offshore Guyana
The FPSO arrived following a 42-day journey from Singapore. The vessel is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.
Field Development , Digital Oilfield
Petrobras Aims To Make Libra Its ‘First Fully Digitally Connected Asset’
Achieving the goal requires optimizing and redesigning processes, training and engaging teams, and implementing and customizing technologies, a Petrobras executive says.