offshore

The Sidri 36 appraisal well confirmed the downdip westward extension of the Sidri 23 discovery announced last July by the Italian major.

India’s ONGC reported an oil find in Colombia’s Llanos Basin as well as a gas and oil discovery in Brazil’s deepwater Sergipe Alagoas Basin.

Development of the Tolmount East discovery will be fast-tracked, the operator said.

New projects coming on stream will boost US gulf oil output to 1.9 million B/D in 2019 and 2 million B/D in 2020, EIA projects.

The deal is contingent on Energean Oil and Gas completing its acquisition of Edison E&P, announced in July.

The round included a near-$1 billion signature bonus on a Campos Basin block awarded to a Total-led consortium.

Heavy deal-making since 2015 by the two majors has resulted in very different upstream portfolios.

Santos Energy said its second and final flow test from the Dorado field suggests potential flow rates of around 30,000 B/D from each Caley reservoir production well.

The hybrid power technology cuts fuel consumption and boosts the dynamically positioned rig’s station-keeping reliability, the drilling contractor says.

Measured-pressure approaches have offered much promise for some time but have been slow to reach widespread application. A spate of technical developments, deployments, trials, and applications, however, recently has pushed measured-pressure drilling and its nuanced variants to their full potential.