Exploration
News
October 09, 2017
Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly-owned subsidiary, Lundin Norway AS (Lundin Norway), has commenced drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533, in the southern Barents Sea.
News
October 06, 2017
ExxonMobil's fifth new oil discovery offshore Guyana, proves "that deepwater can still be attractive."
News
October 06, 2017
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-14 S, cf. Section 8 of the Resource Management Regulations.
News
October 05, 2017
ExxonMobil today announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.
News
October 04, 2017
Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has completed drilling of a prospecting and appraisal well at its Ayashsky license block, located on the continental shelf of the Okhotsk Sea. As a result, a new hydrocarbon field has been discovered, with initial in-place reserves estimated at 255 million tonnes of oil equivalent (MMtoe).
News
October 04, 2017
Gazprom Neft and PTT, Thailand’s largest oil and gas company, have signed a memorandum of understanding (MoU), promoting mutually-beneficial cooperation between the two companies. The document was signed by Alexander Dyukov, CEO of Gazprom Neft, and Tevin Vongvanich, president of PTT.
News
October 04, 2017
A Lukoil a wholly-owned subsidiary, Lukoil-Engineering, and the National Iranian Oil Company, signed a memorandum of understanding.
News
September 29, 2017
PESA, the national trade association for the oilfield service, supply and manufacturing sector, is offering an introduction to the industry with the highly-acclaimed Oil & Gas 101 seminar Oct. 11-12 at Baker Hughes, a GE company.
News
September 29, 2017
Lundin Norway AS, operator of production licence 609, has concluded the drilling of wildcat well 7220/6-3. The well is dry.
News
September 29, 2017
Hedge fund manager Jim Chanos, who’s shorting shale driller Continental Resources Inc., said independent explorers have been a bad deal for shareholders because they rely on quickly depleting assets.
News
September 28, 2017
Petrobras reports that it acquired seven blocks in the 14th Round of Bids under the Shared Production regime, held yesterday by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), six of which offshore and one onshore. The company will be the operator in all blocks, including the offshore blocks, where Petrobras will hold 50% participation, in partnership with ExxonMobil.
News
September 28, 2017
Lundin Petroleum AB has announced that its wholly-owned subsidiary, Lundin Norway AS, has completed drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea. The well was dry.
News
September 28, 2017
Lloyd’s Register’s well management expertise is being used by Ecopetrol Costa Afuera S.A.S. (ECAS) of Ecopetrol, for offshore exploration drilling operations in Colombia.
News
September 27, 2017
Hansa Hydrocarbons Limited has announced that the N05-1 exploration well drilled offshore Netherlands on its GEms licences, has been confirmed as a significant discovery, encountering gas in the target basal Rotliegend sandstones.
News
September 27, 2017
Eni Norge AS, operator of production licence 697, has completed the drilling of wildcat well 7122/10-1 S. The well, which was drilled about 10 km southwest of Goliat field, is dry.
News
September 27, 2017
If you think it’s hard for tech startups to get funding, try being an oil driller in Canada.
News
September 27, 2017
Eco (Atlantic) Oil & Gas Ltd. has announced that its subsidiary, Eco Atlantic (Guyana) Inc., has entered into an option agreement on its Orinduik block, offshore Guyana, with Total E&P Activités Pétrolières, a wholly-owned subsidiary of Total SA.
News
September 26, 2017
Providence Resources, the Irish based Oil and Gas Exploration Company, today provides an operational update regarding Frontier Exploration Licence (FEL) 2/14 located in the southern Porcupine basin.
News
September 26, 2017
Eni successfully drilled the Miztón-2 well, in the shallow waters of Campeche bay, offshore Mexico, boosting the estimates of the resource in place for Contractual Area 1 to over 1.4 Bboe.
News
September 25, 2017
The Permian basin of Texas and New Mexico holds 60 to 70 Bbbl of yet-to-be pumped crude oil, according to a study by IHS Markit Ltd.
News
September 22, 2017
Hyperdynamics Corp. has announced that it has notified the government of the Republic of Guinea that it will be seeking a two-year appraisal period under its oil and gas production sharing contract.
