Exploration
News
April 21, 2017
Oilex Ltd. has announced the award of two key contracts to Schlumberger and Baker Hughes as part of its 2017 work program at the Cambay PSC in India. Schlumberger and Baker Hughes will advise on the optimal well and stimulation design required to achieve potential commercial flowrates.
News
April 20, 2017
Statoil is the operator for production license 532 in the Barents Sea and has received consent to drill exploration well 7219/9-2 in a prospect named Kayak.
News
April 17, 2017
The state of Queensland may expand the amount of land available for gas exploration to overcome looming gas shortages and high prices on the east coast of Australia.
News
April 14, 2017
A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Abul Hassan Mahmood Ali, minister of foreign affairs of the People’s Republic of Bangladesh, took place in Moscow. The parties expressed their appreciation for the Company’s efforts in Bangladesh.
News
April 13, 2017
Aker BP ASA is the operator of production licence 442 in the North Sea. Aker BP has made a discovery in a prospect named Frigg Gamma Delta, around 20 km east of the Frigg field.
News
April 13, 2017
The Society of Exploration Geophysicists has released a major update to the venerable SEG-Y workhorse seismic data exchange standard.
News
April 05, 2017
HOUSTON -- AAPG President-elect Charles Sternbach opened the society’s Annual Convention & Exhibition in Houston on Monday morning ,in the Discovery Thinking session, saying that “geology is a science” but “exploration is a business.” In 1917, the AAPG was originally conceived as a “technology transfer” society, with learnings captured in the field translated to paper media and distributed to the geological community for application in analogous situations.
News
April 05, 2017
SAN DONATO MILANESE, Milan -- Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya.
News
April 04, 2017
TGS announces a further expansion of its NWAAM multi-client library in the MSGBC basin with plans to acquire more than 11,000 km of long-offset broadband 2D seismic data together with magnetic and gravity data, in Senegal and Gambia.
News
April 04, 2017
CGG has announced that Sercel has launched Sentinel HR, a high-resolution solid streamer designed to meet the specific imaging needs of shallow-target applications, such as oceanology, civil engineering and reservoir characterization, as well as high-resolution 3D (HR3D) seismic surveys for detailed mapping of geological features.
News
April 03, 2017
Providence Resources, an Irish-based oil and gas exploration company, today provides an update regarding Frontier Exploration Licence (FEL) 3/04, located in the southern Porcupine basin.
News
March 30, 2017
Exxon Mobil announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara.
News
March 27, 2017
The licensees for Njord field and the nearby Bauge discovery in the Norwegian Sea submitted two PDOs (Plans for development and operation) to the authorities today.
News
March 27, 2017
BP announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt.
News
March 24, 2017
Statoil successfully bid on 13 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lease sale 247, which took place on March 22. The company was the high bidder on all but two of the leases targeted, securing a stake in all of its main priorities.
News
March 24, 2017
Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.
News
March 23, 2017
Eni has successfully drilled the Amoca-2 well in the shallow waters of Campeche Bay, offshore Mexico, confirming the presence of oil in multiple reservoirs.
News
March 23, 2017
Statoil has received consent to drill exploration well 7121/8-1 in production licence 849. The well is to be drilled in a prospect named Blåmann.
News
March 22, 2017
Algeria’s state-run energy producer plans to boost crude oil output by 14% in the four years to 2019 and invest billions of dollars in exploration projects.
News
March 22, 2017
Eni today announced that it has obtained majority stakes in two new exploration blocks off the shore of the Ivory Coast. The two blocks are located approximately 50 km from the country’s coastline.
News
March 21, 2017
A trio of Houston-based private-equity funds is sifting through the oil industry with a view to potentially reaching $4 billion of investments after the market crash created some bargains.