Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, has introduced its WMSS10 Mudline Suspension System for exploratory and developmental wells during ADIPEC 2017
Russian oil producer Rosneft and Itrans National Iranian Oil Company (NIOC) have signed a road map for strategic cooperation in oil and gas projects in Iran, which Rosneft’s chief executive Igor Sechin said will involve a total of US$30bn of investments
SDX Energy Inc, the North Africa focused oil and gas company, has announced the spud of its KSR-15 well on the Sebou area in Morocco
The well is anticipated to take 21-30 days to drill and complete. If successful the well will be completed, flow tested and connected to the existing infrastructure. SDX expect these activities to be carried out within 30 days of the drilling rig departing the location. This is the second of a nine well drilling programme on the Company’s Sebou, Gharb Centre and Lalla Mimouna permits in Morocco.
As per the announcement on 11 October 2017, SDX can confirm that its KSR-14 well will be put on test production within the next 10 days.
This announcement comes after the gas discovery at the KSR-14 well, which SDX Energy has a 75 per cent working interest in. The KSR-14 well was drilled to a total depth of 1830 meters and encountered 20 meters of net conventional natural gas pay in the Guebbas and Hoot formations over 4 intervals. The initial results have exceeded pre-drill estimates, and work is currently underway to further evaluate the well’s accurate recoverable volume estimate. Once the drilling rig has left the location, SDX expects that the well will be connected to the existing infrastructure and produced.
Paul Welch, President and CEO of SDX, commented: "This positive result follows the Company’s recent oil discovery at our West Gharib Concession in Egypt and demonstrates the real momentum developing across our portfolio. This outcome in Morocco is an excellent start to our nine well programme, where we are targeting an increase in our local gas sales volumes in Morocco by up to 50 per cent. I look forward to reporting on the flow rates from today’s KSR-14 discovery and last week’s Rabul 2 discovery in the near term along with updating our shareholders on further progress on our South Disouq Development activities in due course.”
Simba Essel Energy Inc has advised that its partner Essel Group Middle East has signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiometry) survey across Simba’s exploration block in Liberia
In a recent forecast to the World Oilfield Equipment Market Forecast, Douglas Westwood has described that 2017 has seen a strengthening onshore rig count, led by US activity, but firms within the offshore sector have seen little abatement to the challenges presented in recent years
