Exploration
News
October 02, 2023
Preliminary estimates indicate a total structure discovered volume of 5 trillion cubic feet (Tcf) of natural gas in place with a content of condensate estimated up to 400 Mbbl.
News
October 02, 2023
Brazil’s top environmental agency, Ibama, granted Petrobras the environmental license to research the Potiguar basin, one of five regions in the Equatorial Margin, according to Mines and Energy Minister Alexandre Silveira, following months of stalemate between the state-controlled oil company and the regulator.
News
September 29, 2023
Baker Hughes announced two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
News
September 27, 2023
The 6,400 km2 reimaged seismic data set near the recent world-class Baleine field will give interested industry operators unique insight into this high-potential new play.
News
September 25, 2023
The plan marks a departure from the UK North Sea. The retreat comes as production from the aging basin dwindles and operators there see profits eroded by the government’s 2022 windfall tax.
News
September 19, 2023
Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25-130 MMboe on a P90-P10 basis, with a mean of 70 MMboe, in a Jurassic reservoir zone with high quality sandstones.
News
September 15, 2023
The Technical Services Agreement covers the development of Block 2/5, and will involve the development of engineering wells and end-to-end technological complimentary services.
News
September 14, 2023
TGS well packages are interpretation-ready and include products such as standardized digital logs (LAS, LAS+, Mud LAS, Lith LAS), validated well headers, quality-controlled directional surveys and other available derivatives.
News
September 05, 2023
Solid oil and gas production from the region is also providing indispensable resources to Europe and the rest of the world, navigating through the energy transition.
News
September 01, 2023
The block is located just 170 km from the coastline and boasts a total of 12 discoveries and remaining exploration potential in an area with existing infrastructure from Block 31 PSVM.
News
August 30, 2023
An advantage unique to MetaBlue is its ability to bring together all the information relating to an offshore seismic survey within a single ecosystem.
News
August 30, 2023
The survey is the third phase of a multi-year contract awarded initially by PETRONAS in August 2020 to acquire and process up to 105,000 km2 of multiclient 3D seismic data over a 5-year period in the Sarawak basin.
News
August 24, 2023
PGS was awarded a 3D exploration acquisition contract offshore Africa. A Ramform Titan Class vessel is expected to mobilize for the survey in the fourth quarter, and the program has a total duration of 4-5 months.
News
August 23, 2023
The operation is being carried out with the ADM-8 rig, operated by ADES, and has a final target depth of around 3,600 m.
News
August 23, 2023
A major impact study that environmental authorities are demanding as a requirement isn’t necessary for the project, the attorney general’s office, or AGU, said in an opinion that was released on Tuesday.
News
August 22, 2023
The new Nubia discovery confirms the exploration potential in the northern area of the concession. The discovery also demonstrates that, whilst the Gulf of Suez is a relatively mature hydrocarbon province, it still has significant remaining exploration potential.
News
August 18, 2023
TotalEnergies SE and Shell Plc are appraising recent oil finds that could hold an estimated 7 Bboe, according to consultant Wood Mackenzie. Activity offshore the country has accounted for 13% of rigs working in African waters, bolstering its status as an exploration hot spot.
News
August 18, 2023
The volumes are estimated at between 9 and 35 MMboe. The discovery consists of both oil and gas, mostly oil. The licensees regard the discovery as commercial and will consider tie-back to other discoveries and existing infrastructure in the area.
News
August 14, 2023
“The announcement by Equinor today that they will operate an exploration program of the Sitka prospect using the Hercules semi-submersible rig in 2024 is an important and exciting one for Energy NL members and the Newfoundland and Labrador energy sector," said Energy NL CEO Charlene Johnson.
News
August 09, 2023
The attorney general’s office, or AGU, will issue an opinion that it is not necessary for Petroleo Brasileiro SA to conduct a major environmental impact study to begin prospecting oil in the so-called Foz do Amazonas, a region off the country’s northern coast, according to two people with knowledge of the matter.
News
August 01, 2023
The latest updates to the Versal platform are designed to offer even more convenience and scalability for exploration and production, data management and procurement team members through the introduction of Versal Pro and Premium tiers.
