Onshore NEWS

Even though drillers are flush with cash after record profits last year, U.S. producers are unlikely to accelerate oil growth enough to make up for OPEC+’s surprise cuts, analysts and executives said.

Block Energy, an exploration and production company focused on Georgia, announces initial results from the WR-B01Za well, part of the initial development phase of the West Rustavi/Krtsanisi Field, the Company’s Project I. The well was drilled into the Middle Eocene reservoir, targeting lineations interpreted on the 3D seismic survey to represent productive sweet spots with high density of oil-bearing natural fractures.

Permian Strategic Partnership (PSP) President and CEO Tracee Bentley made a compelling case for the positive impact of oil and natural gas production on local communities during her testimony before the U.S. House Subcommittee on Energy and Mineral Resources at The University of Texas Permian Basin Midland Campus on Feb 13.

WASHINGTON – The American Petroleum Institute (API) published an important first-edition document focused on improving the safety of onshore drilling and production operations. API Bulletin 16H, Automated Safety Instrumented Systems for Onshore Blowout Preventer Actuation,

So-called "green" hydrogen production using onshore wind turbines could achieve price parity with fossil-based hydrogen by the year 2030, according to a white paper from Siemens Gamesa Renewable Energy. In a statement on Wednesday the firm — a major player in wind turbines — also said that green hydrogen produced using wind from the offshore sector could achieve price parity by 2035.

Enel Green Power Espana has started construction of the 180MW Tico wind farm in the province of Zaragoza, Spain. The €181m project, which is located in Villar de los Navarros, will come online at the start of 2022 and generate 471 gigawatt-hours of electricity a year.It will comprise 26 3.65MW turbines and 17 5MW machines.

EP New Energies (EPNE), the EPH group owned renewables developer, selected GE Renewable Energy (GE) to supply 50 wind turbines, each with 6 MW rated capacity. The wind turbines will be installed in onshore wind farms being developed by EPNE in Germany, among them the 100 MW project, Forst-Briesnig II, in the Federal State of Brandenburg, which is owned by LEAG.

GE Renewable Energy has announced that it has been selected to provide onshore wind turbines for the 1485 MW North Central Wind Energy Facilities in Oklahoma, US. Through this agreement, GE Renewable Energy will deliver 492 2.X-127s and 39 2.X-116 turbines with varying nameplates and hub heights. All three projects will be owned by American Electric Power (AEP) upon completion.

Iberdrola has increased its renewable energy footprint in Poland, one of the company’s new growth markets. The group has reached an agreement with CEE Equity Partner to acquire three new onshore wind farms with a total capacity of 163 MW. The production from the facilities is largely already covered by 10-year power purchase agreements (PPAs).

Baker Hughes announced the launch of its next-generation Onshore Composite Flexible Pipe to address the corrosion and cost of ownership challenges with a conventional steel pipe for the energy, oil and gas and industrial sectors. Key feature of the pipe is its proven spoolable design, making it easier, faster and more cost-effective to transport and install versus steel pipe – reducing installed costs by more than 20%.

Persistent issues with theft and sabotage in Niger Delta could prompt Shell to take hard look at its operations onshore Nigeria, said supermajor’s chief executive. “Our onshore oil position, despite all efforts we put in against theft and sabotage, is under challenge,” van Beurden. Shell has been flagging for years problems with crude oil theft on pipeline network onshore Nigeria.

Leading manufacturer of Casing & Cementing accessories, Crimson Oil Tools has made a successful contract delivery to Europe’s Drillwerk. Crimson had secured the contract in July 2019 for the delivery of Casing & Cementing accessories to be utilized in upstream operations. Mayank Sharma, MD of Crimson Oil Tools, said, “With the delivery of this contract, we build on the continued success to deliver high-quality Casing & Cementing accessories”.

UAE’s state-run oil firm, ADNOC informed on Saturday about awarding an onshore block to US oil and gas firm, Occidental Petroleum. The award will provide Occidental with a 35-year concession to the Onshore Block 3, which spans across an area of 5,782 square kilometres in al-Dhafrah region of Abu Dhabi. Occidental will put in an investment of approximately $244 million during the exploration phase of the block.

The Indian state of Assam will see major investment from E&P major, ONGC for pursuing drilling activities in the region. S K Moitra, Director (Onshore), ONGC informed that the firm has decided to drill 200 developmental wells across fields under its Assam Asset. The project will continue over the next seven years, and will cost the state-owned firm approximately Rs.6000 crores.

Leading oil services firm, Halliburton has secured a well drilling contract from an Eni-led consortium in Iraq. Over the next two years, the Houston-based firm will utilize up to six rigs to drill development wells in the Zubair Oil Field in Iraq. Italian oil major, Eni leads a consortium of Oxydental, Kogas and Missan on the Zubair field, which has over more than four billion barrels of reserves.

Houston-based AFGlobal Corporation has launched its proprietary Performance Drilling platform. AFGlobal’s platform is a unique amalgamation of equipment and software, which allows it to effortlessly support rig operations. The toolkit empowers drilling contractors to efficiently and safely enhance performance through industry-proven solutions. The Performance Drilling platform is intended for the onshore and shallow water drilling markets.

Aberdeen-based Wood has been awarded three new contracts by ADNOC Onshore, subsidiary of Abu Dhabi National Oil Company. The energy services giant signed the contracts for more than £40 million. Under the scope of these contracts, Wood will provide project management consultancy (PMC) services at Adnoc’s onshore fields. The term of the contracts is five years, with an option of one-year extension.

E&P major, ONGC received approval from the Government of India to proceed with Additional Development Drilling of 72 wells in the Krishna-Godavari basin. The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change, gave a nod to ONGCs proposal for the project. An investment of ₹792 crore has been outlaid by the PSU for the project. EAC has laid down several conditions for granting the clearance.