Market Report

Elevated gas readings up to 5.4% (C1-C5) and some oil shows throughout objective '400' sandstone from 80m to midnight depth of 154m First objective '400' sandstone encountered…
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Following the organisational review of Maersk Oil headquarters carried out in late 2016, Maersk Oil Danish Business Unit (DBU) has today announced that it will simplify its organisation…
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Neste and Lassila & Tikanoja have signed a partnership contract to use Neste MY Renewable Diesel, produced entirely from waste and residues, in selected waste transportation…
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Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has received a letter of intent for a broadband 3D marine seismic acquisition project…
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The tripod and flare deck of the phase 22 platform of development plan of South Pars phases 22, 23, and 24 was installed in the offshore position of the platform by Tuesday, 3rd of…
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Montana Exploration Corp. ("Montana Exploration" or the "Company") (TSXV: MTZ) today announced that the Company has, thus far, completed two of five vertical wells drilled and cased…
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In a market that remains difficult, multi-client sales are estimated at circa $135 million in the fourth quarter of 2016, with a level of prefunding in line with target (a prefunding…
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The Board of InfraStrata plc (AIM:INFA), the independent gas storage company, is pleased to announce that it has signed a secured loan facility agreement (“Loan Agreement”) dated 5…
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W&T Offshore, Inc. (NYSE: WTI) announced today that its Ship Shoal 359 A-18 well has logged 149 feet of net oil pay in five zones and extended the size and depth of the Mahogany…
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IKM Testing Thailand Co. Ltd has been awarded the service contract by Aibel for the Johan Sverdrup Drilling Platform The platform deck for the drilling platform will comprise three…
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