Exploration

News
December 21, 2017
Eni has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII, located in the waters of the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya.
News
December 21, 2017
Rystad Energy concluded this week that 2017 was yet another record low year for discovered conventional volumes globally. Less than 7 Bboe has been discovered YTD.
News
December 20, 2017
Congress is close to lifting a 40-year-old ban on energy development in Alaska’s Arctic National Wildlife Refuge, but drilling for oil in that frozen wilderness may still be years away as the effort faces exhaustive environmental reviews and likely lawsuits.
News
December 20, 2017
United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce the Podere Maiar 1 (PM1) well at Selva gas field in the Podere Gallina licence is to be flow tested next month, having been successfully cased for production.
News
December 15, 2017
President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina is pleased to announce successful results from its first two workover program wells at Puesto Flores field, Rio Negro Province, Argentina.
News
December 13, 2017
Energean Oil & Gas has announced that Energean Israel has been awarded five offshore exploration licenses within the Israeli Exclusive Economic Zone (EEZ) by the Israeli Petroleum Commissioner following a recommendation by the Petroleum Council.
News
December 13, 2017
The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Center (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.
News
December 12, 2017
Eni successfully drilled the Tecoalli 2 well, in the shallow waters of the Campeche Bay, offshore Mexico. Thanks to the results of this well and the revision of the reservoir models of Amoca and Miztón fields, the hydrocarbon in place estimate for Area 1 is boosted from 1.4 to 2.0 Bboe, of which approximately 90% oil and the remaining associated gas.
News
December 11, 2017
SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-16 development well on the Sebou permit in Morocco (SDX, 75% Working Interest).
News
December 08, 2017
The Trump administration has a plan in place to speed up permit reviews for drilling in Alaska’s Arctic National Wildlife Refuge if Congress approves exploration there, an advisor to the U.S. Interior Department said Thursday.
News
December 07, 2017
Chevron Corporation has announced a 2018 capital and exploratory spending program of $18.3 billion. This figure includes $5.5 billion for the company’s share of expenditures by affiliated companies.
News
December 06, 2017
United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced positive log results from the drilling of the Podere Maiar 1 (PM1) well in Selva gas field in the Podere Gallina licence, onshore Italy.
News
December 05, 2017
African Petroleum, an independent oil and gas exploration company with licence interests in four countries offshore West Africa, has announced that its wholly owned subsidiaries, European Hydrocarbon Limited and African Petroleum Sierra Leone Limited, have signed agreements with the Petroleum Directorate Sierra Leone to enter into the Second Extension Periods of the SL-03 and SL-4A-10 licences, respectively.
News
December 05, 2017
Eleven companies have applied for production licenses in the 24th licensing round on the Norwegian shelf.
News
December 04, 2017
ExxonMobil has announced that its wholly owned affiliate, ExxonMobil E&P Mauritania Deepwater Ltd., has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks.
News
December 04, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7219/12-3 on the Hurri prospect in PL533 in the southern Barents Sea.
News
December 04, 2017
Hindustan Oil Exploration Co. is rising from the ashes about a year after Italy’s Eni SpA sold its controlling stake.
News
December 03, 2017
Chevron Corp. may accelerate dividend growth over the next two years thanks to megaprojects that are already in the budget, according to one of the top-rated analysts following the oil explorer.
News
November 30, 2017
As part of the Argentina’s Gas y Petróleo del Neuquén’s (GyP) 5th bidding round, Statoil has been awarded the Bajo del Toro Este exploration license as operator in the Neuquén basin.
News
November 30, 2017
Sound Energy, the African and European focused upstream gas company, has provided the Company's first volumes estimate of the exploration potential of the Sidi Moktar exploration permits in Central Morocco.
News
November 30, 2017
LMKR today announced release of the newest update to its E&P interpretation software; GeoGraphix 2017.1 and GVERSE Geomodeling; a new integrated 3D geomodeling platform.
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