Snøhvit Future cost estimate rises to NOK 26.5 billion
Equinor retains the 2029 compression and 2030 electrification schedules while updating the project budget in 2026 money.
Equinor
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1,348 storiesNews archive and site map — Page 57
Explore the Wellficent news archive, editorial policies and categories in seven language editions: English, Turkish, Arabic, French, Spanish, Russian and Portuguese. Page 57
PETRONAS awards Estuary contract and hands over Mutiara seismic data
Two separate Malaysian upstream milestones advance small-field planning; Mutiara's first production remains a 2029 target.
PETRONAS
New A-18-01 contract extends Malaysia–Thailand gas development framework
Government approvals and a gas sales agreement cover existing production and an adjacent exploration area in the joint development zone.
PETRONAS
South Africa’s July coal output and sales move in different directions
The September statistical release separates lower production volume from higher coal sales at current prices.
Statistics South Africa
Aminex sets out Ntorya testing timetable as pipeline works advance
The September AGM update reports 95% completion of pipelaying and backfilling, with first gas from NT-2 targeted for December.
Aminex
Carbon storage: operating hours change the meaning of annual capacity
An illustrative mass-balance analysis separates aggregate injection requirements, fixed-cost dilution and verified emissions reductions.
INEOS
Geothermal economics: converting net power into annual energy
A transparent capacity-factor sensitivity shows why a 33 MW operating milestone cannot establish annual revenue by itself.
Fervo Energy
Horizontal well economics: compare the work before comparing days
Reported lateral length and elapsed days are useful descriptors, but cannot alone prove drilling efficiency or cost savings.
Tamboran Resources — SEC filing
Equinor adds Rubi and Rodocrosita exploration areas in Brazil
The Santos Basin awards expand exploration acreage; drilling results and development approvals remain separate milestones.
Equinor Brasil
Colombia’s ANH updates production reporting and well downtime codes
Circular 024 introduces a unified JSON format and a structured method for classifying interruptions at wells.
Agencia Nacional de Hidrocarburos
Greensand opens commercial CO₂ storage using the Nini West reservoir
INEOS describes a Danish supply chain linking CO₂ capture at biomethane plants, shipping and injection into a depleted oil reservoir.
INEOS
Gullfaks South sidetrack finds gas offshore Norway
Equinor estimates 3.3–10.3 million barrels of recoverable oil equivalent after drilling alongside a production-well programme.
Equinor
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