North America's oil service industry will decline while the international and offshore markets will drive growth.
The Argos Southwest Extension project calls for tying back three wells to the Argos production semisubmersible in the Mad Dog Field.
The Norwegian Offshore Directorate provided updates on 2023 activity, including 14 wildcat discoveries and eight projects going online and urging exploration in frontier areas.
ONGC’s M Field represents the second phase of the larger 98/2 Block development project which is expected to reach peak production of 45,000 bbl/d and 10 MMcm/d.
Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.
If required regulatory approvals are secured, Carbon TerraVault will have permission to drill California’s first wells for underground CO2 sequestration in a depleted oil and gas field.
Detailed engineering design for Woodside’s Trion project in Mexico’s Gulf of Mexico will be handled out of Houston and Bogota by Wood.
California’s Trio Petroleum plans to restart oilfield production at McCool Ranch, where six wells that previously reached a production peak of 400 bbl/d.
The Mero 3 HISEP project will capture and inject CO2 subsea for the Petrobras-operated pre-salt field offshore Brazil.
Talos Energy’s discoveries are subsea tiebacks to the Ram Powel TLP in the Viosca Knoll area of the Gulf of Mexico.