OGJ ED&P - May 14th, 2024
 
 
OGJ ED&P | View online
 
May 14, 2024
ConocoPhillips has started oil produciton at the Eldfisk North project in the Greater Ekofisk Area in the North Sea.
ExxonMobil plans a short-term shutdown of two floating production storage and offloading vessels at Liza field offshore Guyana to connect an associated natural gas pipeline.
Recent acquisitions worth $270 million will call for an additional $50 million in capex during second-half 2024.
S&P Global Commodity Insights anticipates Canadian oil sands production to hit 3.8 million b/d by 2030, an increase of 500,000 b/d from current levels.
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Higher capital spending in this year's second quarter will set the stage for production growth in second-half 2024.
Mubadala Energy, Abu Dhabi, UAE, has discovered gas from the Tangkulo-1 exploration well, drilled on the South Andaman license, about 65 km offshore North Sumatra, Indonesia.
A Chevron Corp. affiliate has agreed to a farm-in deal with Namcor for an 80% interest and operatorship of PEL 82, which governs blocks 2112B and 2212A in Walvis basin, offshore Namibia.
After full-year production growth of 4% in 2023 and an all-time monthly production high in December 2023, US production growth slowed down significantly in early 2024.
Vista Energy plans to accelerate activity in Vaca Muerta with the addition of a third drilling rig, which will begin operating in this year’s second half.
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The company is on track with its plan to finish the year with about 1 bcfd in reserve production.
Chevron affiliate Tengizchevroil started operations at the Wellhead Pressure Management Project at Tengiz oil field in Kazakhstan.
NNPC and Awoba Unit Field joint venture partner Newcross Exploration and Production restarted production from Awoba field.
Aker BP is progressing development of Tyrving in the Alvheim area offshore Norway and expects an accelerated start-up in this year’s fourth quarter.