West: Oil Service Industry 2024: A Tale of Two Markets

North America's oil service industry will decline while the international and offshore markets will drive growth.

TechnipFMC Wins Pipe Installation Contract from BP

The Argos Southwest Extension project calls for tying back three wells to the Argos production semisubmersible in the Mad Dog Field.

Activity Offshore Norway Expected to Remain Steady in 2024

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 Starts Production in Bay of Bengal

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.

E&P Highlights: Jan. 8, 2024

Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.

Carbon Terravault’s CCS Plans Progress with Release of Draft Well Permits

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.

Wood Wins Trion Topsides Engineering Work

Detailed engineering design for Woodside’s Trion project in Mexico’s Gulf of Mexico will be handled out of Houston and Bogota by Wood.

Trio Petroleum to Restart McCool Ranch Oilfield

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.

TechnipFMC Wins High-Pressure Separation Contract for Mero 3

The Mero 3 HISEP project will capture and inject CO2 subsea for the Petrobras-operated pre-salt field offshore Brazil.

Talos Starts Production at Lime Rock, Venice GoM Discoveries

Talos Energy’s discoveries are subsea tiebacks to the Ram Powel TLP in the Viosca Knoll area of the Gulf of Mexico.