Neptune Energy will use Borr Drilling’s new Prospector 1 rig for a range of jobs offshore Netherlands and UK as part of a $21.4 million contract.
The Indonesian government forecasts that 616 new development wells will be drilled across the archipelago this year following a strong rebound in global crude prices.
SDX Energy has struck oil at the West Gharib block, in Egypt, and begun producing.
Oil major Shell said production has started from the Stones development in the Gulf of Mexico.
San Leon Energy said the Rawicz-15 development well in Poland will be spud next month. The development well is in the country’s southern Permian Basin and in addition to providing a second well, it is also hoped it will provide further data on the sandstone reservoir.
Lundin Petroleum has established its largest budget for its 2013 exploration, appraisal, and development operations . . . a total of $1.7billion.
Antrim Energy said today it had secured development field plan approval from the department of energy and climate change for its Fionn development plan in the UK North Sea.