Exploration
News
October 17, 2017
Voice of the Arctic Iñupiat (VOICE) is deeply disappointed by today’s joint press conference, held by a half dozen democratic senators and several NGOs, pleading for permanent protection of the 1002 area of ANWR from oil and gas exploration.
News
October 17, 2017
Conventionally, African exploration has been focused in Nigeria, Egypt and Libya; most other frontiers were either underexplored or not explored at all. However, in recent times Africa has been the hot spot for exploration activity, mostly concentrated in West Africa, offshore Mozambique and Tanzania, and the East African rift system in Kenya and Uganda, as well as the opening of new carbonate plays in the Nile Delta.
News
October 15, 2017
It’s been a bad year for oil explorers in Norway’s Arctic: a record campaign in the Barents Sea yielded little; the most exciting well in years proved to be a flop; and Norwegians grew increasingly skeptical about the industry that made them rich.
News
October 10, 2017
Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the immediate vicinity of the wellbore.
News
October 09, 2017
Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry, covering approximately 55,000 km2.
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.
