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Acreage in the Louisiana Austin Chalk and Anadarko Basin’s Oswego Formation were among the prospects presented during Summer NAPE.
TEN, with reserve estimates of 240 million barrels (MMbbl) of oil and associated gas of 60 MMbbl, produces about 56,000 barrels, external affairs director Cynthia Lumor told reporters in Accra.
Wood has been awarded a contract by Woodside on Aug. 9 to support the execution of concept definition for the proposed Scarborough upstream development, offshore Western Australia.
Reservoir quality exceeded pre-drill expectations and the appraisal well successfully intersected a gas-water contact in the Hedinia.
The contract award is reflected in McDermott’s second-quarter 2018 backlog.
Plans are for the subsea development to tie back to the existing Buzzard complex with a pipeline bundle assembly incorporating pipelines, manifolds, subsea controls and chemical injection, Nexen said in a news release.
Under the agreement, Serica UK will acquire a 42.25% interest in the Bruce field and a 25% interest in the Keith field and associated infrastructure.
Optimization efforts are leading to strong performance in the Delaware Basin play, Apache executives say.
The company plans to begin production from its first full-pad development at Silvertip-A in Loving County, Texas, in second-half 2018.
State-owned energy company Pertamina will operate Rokan from Aug. 8, 2021, to 2041, under a gross split production-sharing contract, Tahar said.
A Barnett Shale case study demonstrated the value of estimating dynamic Biot’s coefficient from well logs using rock physics.
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