1. U.S. announces resumption of sale of public land oil drilling leases
On Friday, U.S. authorities announced that they would re-sell new oil and gas drilling leases on their public lands, but the land area offered would be significantly reduced and the royalties drillers would have to pay, also from 12.5 percent of the previous extraction value. %, increased to 18.75%.
The U.S. Department of the Interior said in a statement that it plans to auction 145,000 acres of drilling leases (about 586.8 square kilometers) in nine states this week, the first time the Biden administration has sold new fossil fuels on public land. drilling lease.
2. Eni discovers new oil and gas resources in Egyptian desert
Italian energy giant Eni said late on Wednesday that it had discovered several oil and gas resources in the Meleiha block in Egypt’s western desert, with total oil reserves of about 8,500 barrels of oil equivalent per day..
3. U.S. oil and gas rig operations increase for fourth straight week
The U.S. oil and gas rig count, an early indicator of future output, rose by four to 693 in the week to April 14, Baker Hughes said in a closely watched report on Thursday. , the highest since March 2020. Among them, the number of oil rigs increased by 2 to 548, the highest since April 2020, while the number of natural gas rigs increased by 2 to 143, the highest since October 2019.
4. Maersk Drilling wins P&A service contract for 31 wells in the North Sea
Offshore rig operator Maersk Drilling was awarded a 19-month P&A contract last week through a rig-sharing agreement between TotalEnergies and Petrogas in the Dutch North Sea. .
The contract, expected to begin in the second or third quarter of 2022, is a direct continuation of the rig’s current contracts, including the P&A agreement for 11 wells with Totalenergy and 20 wells with Petrogas.
Post time: Apr-19-2022