Exploration
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.
News
September 19, 2017
Northwest Energy has confirmed that Xanadu-1 has intersected hydrocarbon bearing reservoirs demonstrated by elevated gas readings, oil shows, fluorescence and cut-fluorescence whilst drilling reservoir sections.
News
September 19, 2017
Lebanon’s parliament approved a law to tax revenue from oil operations, weeks before its first sale of offshore energy exploration rights to interested companies like Total SA and ExxonMobil Corp.
News
September 18, 2017
Jersey Oil & Gas has given investors some fresh hope that value could be salvaged from the Verbier exploration well, with news that a side-track is being drilled to test another target.
News
September 15, 2017
Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach.
News
September 15, 2017
Inpex has announced that through its subsidiary Inpex Norge AS, it has entered into an agreement to acquire a 40% participating interest in exploration license PL767 located in the western Barents Sea, offshore the Kingdom of Norway from Bayerngas Norge.
