Hurricane spuds Warwick Deep well off UK

Hurricane Energy PLC has spudded the 205/26b-C well (Warwick Deep) in the Greater Warwick Area (GWA) west of the UK Shetland Islands. Source: News


JAPEX spuds wildcat off Hokkaido, Japan

Japan Exploration Co. Ltd. has spudded an exploratory well 50 km offshore the Hidaka area of Hokkaido, Japan. Source: News


ACG partners approve $6-billion platform

Partners in the Azeri-Chirag-Deepwater Gunashli (ACG) complex in the Caspian Sea offshore Azerbaijan have approved the investment of $6-billion in a new platform able to process as much as 100,000 b/d of oil. Source: News


MARKET WATCH: NYMEX crude for May settles at $64/bbl

Light sweet crude prices on the New York market gained to settle at $64/bbl on Apr. 18, marking the second time in 3 days that the benchmark has reached or broken above that level. Source: News


Port Arthur LNG moves closer to FID with FERC authorization

Port Arthur LNG LLC, a subsidiary of Sempra Energy, received FERC authorization to site, construct, and operate the Sempra-led Port Arthur LNG liquefaction-export facility under development in Jefferson County, Tex., moving the project closer to a final investment decision.    Source: News


ExxonMobil reports 13th discovery offshore Guyana

ExxonMobil Corp. reported a new oil discovery offshore Guyana with the Yellowtail-1 well in Stabroek block, bringing the total discoveries on that block to 13 and adding to an estimated recoverable resource of 5.5 billion boe. Source: News


Baker Hughes: US rig count down 10 units to 1,012

The US drilling rig count dropped 10 units to reach 1,012 rigs working for the week ended Apr. 18, according to Baker Hughes data. The count is down 1 unit from the 1,013 rigs working this time a year ago. Source: News