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PODCAST: Wedge Issues
This week on The Bit we discuss the latest exploration plays unveiled by Chesapeake Energy and update on drilling progress off Guyana.
First we dig into comments from Hess' third-quarter earnings call for colour on ExxonMobil's drilling campaign at and around the Liza discovery.
Then Noah Brenner takes us through two "new" Oklahoma oil plays that Chesapeake says could be some of the best they've drilled to date.
An ultra-deepwater drilling rig that has spent nearly all of its decade and a half in service in the Gulf of Mexico is now in Asia, plus more, this week on The Bit.
The Bit is brought to you this week by Oil States. From construction to removal, Oil States delivers fully integrated technologies and services to the global oil & gas industry. http://www.oilstates.com/
- The Liza discovery offshore Guyana continues to look world class after another solid appraisal well.
- Chesapeake Energy is going big in two new (to them) unconventional oil plays - the Oswego formation and what the company has branded The Wedge.
- It follows the trend of operators in Oklahoma enhancing their understanding of certain formations and branding them with new names.
- Shell has moved Transocean semi-submersible Deepwater Nautilus to Malaysia for undisclosed reasons. The rig has been in the US Gulf of Mexico since 2001.
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