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At DUG Eagle Ford, MicroSeismic’s CEO Peter Duncan revealed the unprecedented impact microseismic technology is having on well monitoring.
Results of a seven-day flow test program for the Balcombe-2z horizontal well in the U.K.’s Weald Basin have led Angus Energy to believe the discovery is capable of producing at commercial rates.
Talos Energy Inc.’s appraisal plan for the Zama discovery was approved by the Mexican oil and gas regulator, the company said on Sept. 27.
Swedish oil firm Lundin Petroleum expects to increase its resource estimate for the Alta discovery in Norway’s Arctic region following a successful two-month production test, the company said Sept. 25.
Horseshoe, located south of the Pikka Unit Nanushuk development, could hold another 300 MMbbl or more, the company says.
Lundin has increased its resource estimates to between 14 million and 78 million barrels of oil equivalents (MMboe) from a previous interval of 3 MMboe to 16 MMboe, the company added.
Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in the Cambo field, north-west of Shetland, the company said Aug. 23.
SDX Energy Inc. said its SD-3X appraisal well at South Disouq, Egypt, produced 12.02 million standard cubic feet (MMscf) of conventional natural gas during testing.
Describing the find as “truly incredible,” junior joint venture partner Carnarvon said on Aug. 8 more oil had been found in the Dorado-1 well with the thickness of the oil column now measured at 132 m (433 ft). That was up from the 80 m (262 ft) indicated in a drilling update in July.
The Yucatan field, which is located in deep waters about 175 miles south of Louisiana, contains an estimated 49 million barrels (MMbbl) of oil, up from a previous estimation of 15 MMbbl, the company said.
Updated calculations now show a resource estimate of between 40 million and 90 million barrels of recoverable oil equivalents (MMboe) of gas and condensate, while the previous projection was for 23 million to 94 million barrels.
The assessment put the region among the top five largest continuous resources for oil and gas in the U.S.