Kazakhstan-focused Jupiter Energy will begin drilling one of its wells in its East Akkar field. Well 19, sits between the J-51 AND J-52 wells, both of which have been producing oil under trial production licenses.
The cost for operators to decommission rigs in the North Sea is expected to cost around £10 billion in the next eight years. Acteon company, Claxton, has created an infographic showing all the costs involved with decommissioning in the region.
US-based Stone Energy has secured a rig for a multi-year deep water drilling program in the Gulf of Mexico. The primary contract term for the ENSCO 8503 drilling rig will be for 30 months and is expected to commence during the second quarter of 2015.
Pacific Energy Development has completed the drilling of three back-to-back wells and has started work on a second trio of wells.