1. BP’s Eyes Raven Rebound As Egypt Output Slump Continues

    ...ypt, but its biggest project, West Nile Delta (WND) which started-up in 2017, has witnessed startling decline rates. In a bid to arrest that decline BP earlier this year launched a two-well infill drilling campaign at the Raven field, where output having hit 800mn cfd following 2021 start-up has since ha...

    Volume: 67
    Issue: 47
    Published at Fri, 22 Nov 2024
  2. Kuwait Pushes Back Upstream Capacity Target To Next Year

    ...elds, with KOC closing on its target of bringing overall conventional North Kuwait capacity to 700,000 b/d, just below the 2017-18 capacity peak of 760,000 b/d (MEES, 12 May 2023). KOC is increasingly deploying water injection and expensive chemical EOR techniques, while upping its drilling and workover op...

    Volume: 67
    Issue: 47
    Published at Fri, 22 Nov 2024
  3. Saudi Crude Exports Slump For Q3 On Record Oil Burn, Bumper Throughputs

    ...ghest on record behind 3Q 2017. Adding in direct crude burn, the figure of 2.78mn b/d was a nine-year high.   1: SAUDI CRUDE SUPPLY*: EXPORTS WERE SQUEEZED TO A NEAR 10-YEAR LOW 5.7MN B/D FOR Q3 (MN B/D)....   2: ...A RECORD LOW 63% CRUDE SUPPLY SHARE. IN CONTRAST, THE SHARE REFINED AN...

    Volume: 67
    Issue: 47
    Published at Fri, 22 Nov 2024
  4. Will Iraq Be Caught In The Crossfire Of Trump’s Iran Policy?

    ...restart Kurdish exports to Turkey’s port of Ceyhan. This is especially the case given rumors from Washington that pro-Kurdistan names are being touted for senior positions at the Departments of State and Energy. But the KRG has also painfully learned, from its failed independence referendum in 2017...

    Volume: 67
    Issue: 47
    Published at Fri, 22 Nov 2024
  5. Tunisia Oil & Gas Output Falls To New Record Lows

    ...8,000 b/d was hit in 1980.   *Previous lows of 30,000 b/d plumbed in 2017 and 28,000 b/d in 2020 were linked to country-wide strikes (MEES, 2 June 2017) and Covid, respectively. This year’s new lows are the culmination of a chronic lack of investment: no development wells were drilled in Tunisia du...

    Volume: 67
    Issue: 47
    Published at Fri, 22 Nov 2024