Exploration
News
November 27, 2019
Dallas Cowboys owner Jerry Jones is doubling down on a forlorn corner of the U.S. shale patch, calling Louisiana’s Haynesville play the best for low-cost hydrocarbons and saying he’s hunting for more acreage there.
News
November 27, 2019
Shale wildcatters, after years eye-rolling at skeptics, are now saying global analysts are underestimating just how severe the industry’s slowdown is.
News
November 27, 2019
Officially launched in April, the round received interest from 53 international and national companies, with 17 companies submitting official bids and seven companies awarded concessions for nine blocks.
News
November 13, 2019
The pilot project, performed with Total’s Multiphysics Exploration Technology Integrated System (METIS), uses autonomous drones and a ground vehicle to drop off and retrieve seismic sensors without human intervention.
News
November 12, 2019
Natural gas exploration by global oil companies in Bolivia, key to growing the country’s sagging economy, has stopped amid an escalating political crisis that has left the Andean nation rudderless.
News
October 29, 2019
Reveal Energy Services announced the company has validated more than 10,000 hydraulic fracturing stages in the US and Canada with its simple, accurate, affordable pressure-based technology.
News
October 29, 2019
The survey extends TGS’ leading onshore seismic data coverage in the core of the SCOOP and STACK in the Anadarko Basin.
News
October 23, 2019
The memorandum lays the basis for LUKOIL’s potential participation in projects to explore and produce hydrocarbons in Equatorial Guinea.
News
October 16, 2019
Ecopetrol reports that the Flamencos-1 well, located in Puerto Wilches, confirmed presence of crude oil in the La Paz formation.
News
October 15, 2019
Mongolian oil explorer Petro Matad Limited has commenced testing operations at the Heron-1 well in the north of Block XX, eastern Mongolia.
News
October 10, 2019
U.S. ambassador to Angola, the Hon. Nina Maria Fite, hosted a delegation of top Angolan oil and gas officials to explore opportunities for the two nations to collaborate on the next phases of Angolan energy development.
News
October 10, 2019
“Watching our estimates for the Marcellus rise from 2 Tcf to 84 Tcf to 97 Tcf in under 20 years demonstrates the effects American ingenuity and new technology can have,” said USGS director Jim Reilly.
News
October 02, 2019
For OPEC, the departure matters more in symbolism than barrels -- Ecuador stated clearly it wants to leave the group to boost oil revenues at a moment when the whole cartel is suffering from low prices.
News
October 01, 2019
The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014.
News
September 18, 2019
The co-located team worked together to integrate recently acquired and processed 3D seismic data covering the entire onshore PZ, with multiple geological, petrophysical and production data sets to deliver a robust portfolio of exploration prospects and leads as well as asset development infill opportunities for the existing fields.
News
September 17, 2019
The company released details of the test indicating that a total of twelve test shots were performed at locations selected by the tribe and covering areas in both North and South Dakota.
News
September 11, 2019
This new assessment updates a 2008 USGS study that estimated about 85 trillion cubic feet of undiscovered, technically recoverable gas resources within gas hydrates on the Alaska North Slope.
News
September 11, 2019
The survey covers an area of 6,200 km2 and includes fast-track processing, followed by full time and depth processing. The 4-month project starts in Q3 2019 and will be conducted by the Polar Empress immediately after its completion of a full North Sea summer season.
News
September 09, 2019
Snow depths on Alaska’s North Slope have thinned this year, the University of Alaska Fairbanks said in a study, creating a possible obstacle for exploration in part of the Arctic National Wildlife Refuge thought to harbor more than 7 Bbbl of oil.
News
September 02, 2019
CGG announced that its third quarter 2019 segment revenue is expected to be above $350 million, based on strong multi-client sales in the range of $160 million (including transfer fees) and steady demand for Geoscience technology and equipment.
News
August 30, 2019
China Big Oil wrapped up a first half that rewarded exploration & production and punished refining.
