The Trion Field is in the Perdido Fold Belt area in the deepwater GoM.
Drill to a total depth of 21,600 ft by the Noble Don Taylor rig, the well logged about 200 ft gross and 130 ft net of true vertical pay, the company said in an update given as part of its 2019 operating and financial guidance.
Recoverable resources are estimated at between 6 million barrels of oil equivalent (MMboe) and 25 MMboe, the company said.
The Norwegian Petroleum Directorate forecast showed that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023, it reported on Jan. 10. Overall production will then approach the record year of 2004.
Abu Dhabi National Oil Co. (ADNOC) said on Jan. 12 it awarded a consortium formed by Italian oil major Eni (NYSE: E) and Thailand’s PTTEP two offshore exploration blocks.
Canacol Energy Ltd. has provided the results of the Nelson 13 well along with the company’s drilling plans for 2019 on Jan. 8.
California-based Royale Energy Inc. said its first well drilled as part of a joint venture (JV) with California Resources Production Corp. (CRPC) has hit natural gas in the Rio Vista Field.
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) Block, announced Jan. 10 that it is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore Ghana.
The Atlantis Phase 3 project will include constructing a new subsea production system from eight new wells that will be tied to the existing platform, BP said.
Independent Oil and Gas Plc has provided an upgrade on its core development project in the U.K. Southern North Sea, the company said on Jan. 8.