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Lundin Spuds Latest Barents Sea Well at the Børselv Prospect
Lundin has spud its 7220/6-3 well on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea. The well is located on-trend north of the Alta and Neiden oil discoveries, approximately 18 km northwest of the Neiden discovery well.
Lundin Norway is the operator of PL609 with a 40 percent working interest. The partners are DEA Norge AS and Idemitsu Petroleum Norge AS with 30 percent working interest each.
More Drilling Program News

PDC Energy's 69-Well Kenosha Project Approved by COGCC
PDC Energy Inc. reported that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Company's Kenosha Oil & Gas Development Plan (OGDP) permit application. The Kenosha OGDP,…
EQT 2021 Development Program - Wells Frac, and Production
EQT provided updated sides outlining its 2021 development program.

Bakken Operator to Drill & Complete 210 Wells in 2021
Continental Resources provided a glimpse into its 2021 development program. Rigs: The program calls for 7 rigs in the Bakken and 4 Rigs in the STACK/SCOOP. Well Program:…

MEG Energy Accelerates Spending 73% for 2021 to $260 Million
MEG Energy Corp. has reported its 2021 capital investment plan. Its 2021 program is designed to be fully funded within 2021 cash flow at a full year average…

Permian E&P Reactivates Two Rigs, Two Frac Crews for Remainder of 2020
Parsley Energy provided an update to the remainder of 2020 drilling and completion activity, which includes an increase to rig and frac crew counts. The company said: "In…
North Sea News

Shell to Move Forward with Jackdaw Gas Field Project in UK North Sea
BG International Limited, an affiliate of Shell U.K. Limited, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following…

APA Corp. Boosts 2022 US Onshore Spending 38% vs. 2021
APA Corp. detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $1.6 billion (upstream) - up 51% vs. 2021 D&C: $1.4 billion Exploration & Appraisal: $200…

ConocoPhillips Bolsters Spending by 30% for 2022; Bets Bulk on Lower 48
ConocoPhillips has detailed its 2022 capital plan on the heels of closing its multi-billion dollar acquisition of Shell's Permian assets. 2022 Plans - Capital Budget: $7.2 billion -…

APA Corp. First Quarter 2021 Results
APA Corp. reported its Q1 2021 results. Highlights: Reported production of 382,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax…

Apache Ups Spending 11% for 2021 at $1.1B; Adding Rigs in the Permian
Apache Corp. announced its financial and operational results for the fourth-quarter and full-year 2020. The company also detailed its 2021 plans. 2021 Plans - Capex: $1.1 billion -…