Geology & Geophysics

News
August 01, 2017
An attack by Islamist militants on an oil exploration team in Nigeria’s northeast has hurt the government’s agenda to find new crude reserves and quashed hopes of a quick recovery of the West African nation’s least developed region.
News
July 31, 2017
Talos Energy LLC, as operator, together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil Plc, has announced that the Zama-1 exploration well, offshore Mexico, has completed drilling operations, reaching a TD of 13,480 ft (4,109 m). Zama-1 is the first offshore exploration well to be drilled by the private sector in Mexico.
News
July 31, 2017
Lukoil has successfully completed a 3D seismic survey at Mishvan area in the Nenets Autonomous District. The company used a survey procedure which had never been used in Timan-Pechora Oil and Gas Province before.
News
July 28, 2017
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/4-11, cf. Section 8 of the Resource Management Regulations.
News
July 28, 2017
Africa Oil Corp. has provided the following update on its operations in Kenya.
News
July 28, 2017
Gazprom Neft has signed a Memorandum of Understanding (MOU) with Iran’s Oil Industries’ Engineering & Construction (OIEC), confirming both companies’ mutual interest in combining forces in the preliminary assessment and investigation of the geological potential of oil fields located in the Islamic Republic of Iran.
News
July 26, 2017
Karoon Gas Australia Ltd. is pleased to announce that its Board has approved the development concept for the Echidna light oil discovery, progressing the project to the next phase in the development, Front-End Engineering and Design (FEED).
News
July 26, 2017
Echo Energy, the South and Central America focused upstream gas company, has announced the signature of a technical evaluation agreement (TEA) for the Rio Salado Block, onshore Bolivia.
News
July 26, 2017
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, has announced the results of the 31/7-2S Brasse sidetrack appraisal well in the Norwegian North Sea.
News
July 25, 2017
Exxon Mobil Corp. today announced that it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 MMboe.
News
July 24, 2017
Reveal Energy Services announced today the commercialization of IMAGE Frac 2.0 pressure-based fracture maps that validate completion designs on every well with minimum operational risk and cost.
News
July 24, 2017
Sperry Drilling, a Halliburton business, has announced the release of the Radian Azimuthal Gamma Ray and Inclination Service, a geosteering solution that provides real-time, high-quality borehole images and continuous inclination measurements.
News
July 24, 2017
Anglo African Oil & Gas plc, an independent oil and gas developer, has provided an update on activities with regards to the development of the producing Tilapia oil field in the Republic of Congo.
News
July 20, 2017
CGG GeoSoftware has donated a full suite of its software technologies to the Petroleum Learning Center, a joint educational project of Tomsk Polytechnic University in Russia and Heriot-Watt University in Scotland. The donation includes training licenses for each of the software solutions (HampsonRussell, Jason, PowerLog, EarthModel FT, InsightEarth and VelPro) in its product portfolio.
News
July 19, 2017
Sound Energy, the African and European focused upstream gas company, has provided an update on the TE-7 extended well test, including an initial measurement of the reservoir pressure build-up response.
News
July 19, 2017
CGG announced the award by Petrobras of a contract to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km2 in Brazil’s deepwater Santos Basin.
News
July 18, 2017
Poseidon is wading into the battle between U.S. crude and Middle East supplies in the world’s biggest oil market.
News
July 17, 2017
Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets.
News
July 17, 2017
Statoil Petroleum AS, operator of production licence 849, has concluded the drilling of wildcat well 7121/8-1. The well was drilled about 25 km southeast of the Snøhvit field in the Barents Sea. The well proved gas.
News
July 14, 2017
An earthquake with a preliminary magnitude of 4.2 on Friday struck Stroud, Okla., about 20 mi (32.2 km) from the key oil storage hub in Cushing, Okla., the Oklahoma Geological Survey (OGS) said.
News
July 14, 2017
Xodus Group has won a contract with Cairn Oil and Gas of Vedanta Ltd. to conduct exploration and appraisal work on its Rajasthan block in northwest India over the next two years.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.