DORADO: ONE OF THE LARGEST OIL RESOURCES EVER FOUND ON THE AUSTRALIAN NORTH WEST SHELF

Breaking News

Carnarvon Petroleum has completed its assessment of the hydrocarbon volumes within the Dorado structure in WA-437-P. Carnarvon’s Managing Director and CEO, Adrian Cook said “the 171 million barrels of oil discovered in Dorado is one of the largest oil resources ever found on the North West Shelf. Oil fields of this significant scale are not often found, with the last large field discovery on the North West Shelf being around 30 years ago. It is common for additional resources to be discovered in the surrounding area after a large discovery. In this regard we expect to provide the market with further details on prospects identified by the play concept now proven at Dorado, that we believe have the potential to also contain oil resources.” “The gas and condensate discovered in the Phoenix Project is also is a significant and valuable resource that is in addition to the discovered oil. Dorado discovered 552 billion cubic feet of gas and 16 million barrels of condensate on a 2C basis. When combined with the nearby Roc field, the aggregate resource is around 884 billion cubic feet of gas and 36 million barrels of associated condensate on a gross 2C basis.” Mr Cook said. "These volumetric results reiterate the significance of the Dorado discovery and we look forward to maturing this resource and finding additional neighbouring resources in our future drilling programs.” The Quadrant-Carnarvon Joint Venture confimed the Dorado-1 discovery in July 2018. The well was drilled using the jackup Ensco-107. (Source: Carnarvon)

EASTERN THROUGH AREA POJECT (ETAP) CELEBRATES 20 YEARS OF PRODUCTION

July 19, 2018

BP reported that the Eastern Trough Area Project (ETAP) North Sea development, labelled by the Oil & Gas Authority (OGA) as the “poster child”...

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TRANSCANADA COMMISSIONS TOPOLOBAMPO GAS PIPELINE

July 19, 2018

TransCanada Corporation announced the commissioning of its Topolobampo gas pipeline project in northern Mexico, with a capacity of 670 million cubic feet...

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TOTAL AND TATA CONSULTANCY TO CREATE DIGITAL INNOVATION CENTER IN PUNE

July 19, 2018

Total and Tata Consultancy Services (TCS) have signed a partnership agreement to create a digital innovation center in India. Based in Pune in the State...

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TechnipFMC AWARDED MASTER SERVICE AGREEMENT BY PETROBRAS

July 18, 2018

TechnipFMC has been awarded by Petroleo Brasileiro S.A. (Petrobras) a 3-year master services agreement in Brazil, with a 2-year renewal option. This contract...

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TRANSOCEAN: 11-WELL CONTRACT FOR GSF DEVEOPMENT DRILLER I

July 18, 2018

Transocean Ltd. announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing...

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21 LEONARDO AW139 HELICOPTERS TO RENEW SAUDI ARAMCO FLEET

July 18, 2018

Milestone Aviation Group Limited, a GECAS company and the global leader in helicopter leasing, and Leonardo today announce they have been selected to renew...

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CUADRILLA COMPLETES SECOND HORIZONTAL WELL AT PRESTON NEW ROAD

July 18, 2018

Cuadrilla has successfully completed drilling the UK’s second horizontal shale gas well at its exploration site at Preston New Road in Lancashire. This...

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13-WELL CONTRACT WITH CONOCOPHILLIPS FOR TRANSOCEAN 712

July 17, 2018

Transocean Ltd. announced that the midwater semisubmersible Transocean 712 was awarded a 13-well contract (approximately 580 days) commencing in March...

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NORTH DAKOTA NEW OIL AND GAS PRODUCTION RECORD

July 17, 2018

Patrick C. Miller from North American Shale reported that North Dakota set new production records for both oil and gas for the month of May, according...

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VAN OORD ACQUIRES MPI OFFSHORE

July 17, 2018

Van Oord has signed an agreement with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor. Van Oord will take over...

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TIDEWATER AND GULFMARK TO MERGE

July 16, 2018

Tidewater Inc. headquartered in Houston, and GulfMark Offshore, Inc. announced that the Boards of Directors of both companies have unanimously approved...

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FALKLANDS: DRIL-QUIP BAGS SUBSEA CONTRACT FOR SEA LION PROJECT

July 16, 2018

Houston based Dril-Quip, Inc. announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a letter...

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