Apache Egypt and Khalda Petroleum Co. are drilling for oil and gas in the country’s western desert. The Berenice and Ptah fields are in the Fagur Basin.

Vankor, launched by state-run Rosneft in August 2009, is Russia's northernmost onshore oil production project. It has 476 million tonnes of recoverable oil and gas condensate reserves, Reuters said.

Pertamina plans to invest around $2 billion annually into Mahakam, if given control. Target output is 1.2 Bcf/d to 1.5 Bcf/d of gas, Reuters said. 

The C1 well in the Libra Field in the Santos Basin hit a hydrocarbon column. A consortium including Petrobras, Royal Dutch Shell, Total and Chinese companies drilled it, Reuters said.

Western sanctions against Russia and Rosneft led Rosneft to cancel a roughly-$150 million contract for Northern Offshore’s Energy Endeavour jackup in the Russian Arctic, Reuters said. 

There was a small fire on the floating production vessel serving BG Group, Norwegian authorities said Tuesday. Knarr produced first oil last week and can produce 63 Mbbl/d, Reuters said.

Statoil’s Yeti well in the U.S. GoM’s Walker Ridge area delivered good drilling results, Bloomberg said. The company acquired 14 more leases adjacent to Yeti in the recent GoM sale. 

The UK’s OGA will ensure North Sea producers extract Britain’s remaining 24 Bbbl of reserves, Reuters said. It will fine E&Ps that breach licenses. The OGA becomes a legislative body April 1. 

KrisEnergy Ltd. contracted Key Gibraltar for six months for its Thai drilling program, which includes the Rossukon-2 well and 15 development wells in the Wassana oil field.

The well in the Sergipe-Alagoas Basin reached 2,990 m. The 2012 drillstem test confirmed 41 degree API oil and good reservoir productivity.

Statoil believes the drilling proposals lie outside the scope of current international sanctions against Russia. The company plans to drill the wells with OAO Rosneft, Reuters said. 

The well was drilled southwest of the Edvard Grieg Field, according to the Norwegian Petroleum Directorate, Reuters said.

Pages