Exploration
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.
News
July 31, 2023
The Cudi-Gabar province is central to an active petroleum system extending up from Iraq and Syria, where Turkey’s portion contains several major oil fields, including Sehit Esma Cevik, discovered in 2022, and Sehit Aybuke Yalcin, discovered in 2023.
News
July 27, 2023
Upon entering the reservoir, Ithaca Energy, acting as the operator, discovered that hydrocarbons were present in the reservoir in the Forties member sandstones, with 45 ft of net thickness.
News
July 21, 2023
The oil and gas discoveries were achieved on the back of an intensive domestic exploration drilling campaign that also led to the discovery of the Nahara-1 in Block SK306, a significant oil discovery by PETRONAS Carigali within the last few decades.
News
July 10, 2023
Preliminary evaluation of comprehensive data, including cores and fluid samples, acquired from the discovery well and a follow-on extended sidetrack indicates gross recoverable resources in the range of 120-230 MMboe on a P90-P10 basis.
News
June 26, 2023
The reprocessing addendum enhances a multi-year contract awarded initially by Petronas in August 2020 to acquire and process up to 105,000 km² of multi-client 3D data over a 5-year period in the basin.
News
June 22, 2023
This 3D is crucial to enhancing the geological understanding of the sparsely explored offshore Gulf of Papua and developing drill ready prospects like those recently identified by a supermajor in the permit immediately adjacent to the Nanamarope 3D.
News
June 22, 2023
Tanzania wants to launch an oil and gas licensing round in the first quarter of 2024 to bring in more investors as European nations move to diversify energy sources and cut reliance on Russian gas
News
June 13, 2023
Located 20 km from the Ofon field facilities on OML102, Ntokon is planned to be developed through a tie-back to these existing facilities.
News
June 09, 2023
The updated estimate of the discovery size is 53-90 MMboe, which is twice as large as the original pre-drill estimate and slightly larger than the preliminary estimates announced on May 25.
News
June 08, 2023
In an area known for increasingly challenging subsurface imaging, application of full-waveform inversion (FWI) utilizing ultra-long offsets will provide a dataset that represents a step-change in the conceivable geological and geophysical interpretation.
News
June 07, 2023
The innovative 2D-cubed technology utilizes a structurally conformable interpolation engine that transforms 2D data into a comprehensive 3D volume, which can be interpreted on a regional scale.
