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Drillers added five oil rigs in the week to April 20, bringing the total count to 820, the highest level since March 2015, Baker Hughes, a GE company, said in its weekly report.
SDX Energy Inc. (TSXV, AIM: SDX) announced on April 20 that a conventional natural gas discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco (SDX 75 %).
Wellsite Fishing and Rental Services LLC has appointed Ryan Henderson as its new executive vice president, the company said in a statement on April 19.
Frontera Resources Corp. on April 19 announced the successful completion of drilling operations at the Dino-2 well, the second of the three-well drilling campaign at the company’s Taribani complex on Block 12 in Georgia.
Morten Kelstrup will join Maersk Drilling as chief commercial & innovation officer to lead the newly-established Commercial and Innovation function, the company announced on April 18.
GeoPark announced on April 18 the successful testing of the Tigana Norte 9 appraisal well in the Tigana oil field in the Llanos 34 block in Colombia.
China’s shale gas production will likely reach 17 billion cubic meters (Bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling technology and cost cutting.
Egypt will auction 10 or 11 oil and gas exploration blocks in the Mediterranean, petroleum minister Tarek El Molla said on April 17.
U.S. shale oil production is expected to increase in May for the fourth consecutive month, boosted by record production in the prolific Permian Basin of West Texas and New Mexico.
Chevron Corp. (NYSE: CVX) will proceed with the second stage of its giant Gorgon LNG export plant off the northwest coast of Western Australia, the company said on April 14.
More than half the total oil rigs are in the Permian Basin in west Texas and eastern New Mexico.
BW Offshore said April 9 that it has successfully drilled and completed its first development well, DTM-2H, located in the Tortue field, within the Dussafu license, offshore Gabon.