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The appraisal well encountered approximately 30 m (98 ft) of net black oil pay. Maersk Drilling's Maersk Valiant drillship, which drilled the appraisal well, will soon move to the next exploration prospect at Bonboni before returning later in the year to flow test Sapakara South-1.

The Deepwater Conqueror was awarded a one-well contract with a major operator, and the Deepwater Asgard was awarded a one-well contract with another operator in the U.S. Gulf of Mexico. Both contracts are expected to start in Q1 2022 and will contribute approximately $55.5 million in combined backlog.

The Whiptail-1 well encountered 246 ft (75 m) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which is located 3 miles northeast of Whiptail-1 and has encountered 167 ft (51 meters) of net pay. Drilling continues at both wells to test deeper targets, and results will be evaluated for future development.

Halliburton has announced the launch of ExpressFiber, a single-use fiber optic cable that offers direct subsurface measurements, including cross-well communication, at a price point that enables fracture monitoring on every well pad. Understanding and optimizing well and fracture interference is a significant challenge that operators face today. ExpressFiber uses distributed acoustic sensing (DAS) to acquire a direct measurement of micro seismic, strain, and temperature unlike other cross-well monitoring techniques that provide indirect estimates. ​​​ExpressFiber, when paired with Halliburton’s intelligent fracturing and subsurface monitoring services, provides real-time actionable insights of fracture growth and well interference, allowing operators to improve completions designs and gain overall capital efficiency. ExpressFiber is the most economic fiber solution for routine cross-well monitoring. It has little to ...

The well, located in the US Gulf of Mexico, is currently producing above the previously estimated 8,000-10,000 BOE/day range. Talos said in a statement that it had increased injection rates to a rate of over 30,000 bbl/day of water into the producing formation.

The development is expected to reach peak production of approximately 100,000 BOE/day and currently has an estimated recoverable resource volume of 490 million BOE. Whale will be Shell’s 12th deepwater facility in the Gulf of Mexico and is currently scheduled to begin production in 2024.

As part of the transaction, Cathedral and Precision have entered into a strategic marketing alliance that is expected to support both parties’ technology initiatives. Precision’s Alpha digital technologies (AlphaApps, AlphaAutomation and AlphaAnalytics) are focused on automation and drilling performance, while Cathedral offers downhole equipment.

Among the deals announced in the company's latest fleet status report are a one-well option with BHP for the Deepwater Invictus drillship in the US Gulf of Mexico and a 370-day option with TotalEnergies for the Deepwater Skyros drillship in Angola. Equinor and POSCO also exercised options for the Transocean Spitsbergen and Deepwater Nautilus semisubmersibles, respectively.

Barracuda is Shell’s first greenfield project in the country and one of its largest in Trinidad and Tobago since its acquisition of the BG Group in February. Peak production is expected to be approximately 40,000 BOE/day (220 million cu ft/day)

Halliburton is working with Nabors to connect digital well planning from Well Construction 4.0 with onsite execution using the Nabors’ SmartRig system. The solution utilizes an open architecture and can be integrated into existing workflows.