Exploration
News
January 11, 2018
Further to the Company’s announcement on Oct. 4, 2017, Petro Matad, the AIM quoted Mongolian oil explorer has provided an update on its 3D seismic acquisition program.
News
May 17, 2017
Africa Oil Corp. has announced that the Emekuya-1 well in Block 13T, Northern Kenya has encountered approximately 75 m of net oil pay in two zones.
News
May 17, 2017
FairfieldNodal and Schlumberger today announced a strategic multiclient joint venture in the southern Delaware basin of West Texas.
News
May 15, 2017
Exxon Mobil Corporation has announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 mi (21 km) northwest of the Hides gas field.
News
May 15, 2017
Gazprom Neft has acquired a subsoil usage licence for Novosarmaskoye field in the Orenburg Oblast. The licence — for the exploration and production of hydrocarbons — was issued by the Federal Subsoil Resources Management Agency, and runs until May 5, 2037.
News
May 15, 2017
Santos has announced further positive results from the Muruk-1 exploration well, being drilled in the Papua New Guinea Highlands.
News
May 10, 2017
U.S. shale explorers are boosting drilling budgets 10 times faster than the rest of the world to harvest fields that register fat profits even with the recent drop in oil prices.
News
May 09, 2017
Brazil's Decree 9.041/2017 entered in force last week, regulating Law 12.351/2010 relating to Petrobras’ preferential rights to act as operator in consortiums for exploration and production in blocks subject to the production sharing regime.
News
May 09, 2017
Delek Group Ltd., the Israeli energy company that bought UK oil explorer Ithaca Energy Inc. this year, is seeking a London listing to help further overseas expansion.
News
May 08, 2017
Petro River Oil Corp., an independent oil and gas exploration company, has announced a new oil field discovery in its’ 106,500-acre concession in Osage County, Okla., upon successfully drilling the Chat 2-11 exploration well.
News
May 02, 2017
BP’s proprietary digital rocks technology program is getting a key upgrade from a new multi-year commercial agreement with Exa Corporation, which will enhance BP’s ability to predict the flow of oil and water in digital images of reservoir rock.
News
April 27, 2017
Aker BP has entered into a framework contract with Schlumberger for acquisition of 4D seismic data.
News
April 27, 2017
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year.
News
April 25, 2017
Samaraneftegaz, a Rosneft subsidiary, started 3D seismic exploration works in six blocks acquired in 2016. Drilling sites for prospecting and exploratory wells will be defined based on the results of these works.
News
April 25, 2017
LUKOIL has drilled 1,000 m of its first exploration well on the Vostochno-Taymyrsky license block. About 374 m of core samples from eight formations will be collected and analyzed during drilling.
News
April 24, 2017
SeismicZone.com online data marketplace launched its first microsite for seismic data owners to market their proprietary data from their own corporate website.
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 17, 2017
SDX Energy Inc., the North Africa focused oil and gas company, announced that drilling on the carried SD-1X well at its South Disouq concession, where it hold s a 55% equity interest and is operator in the Nile Delta area of Egypt has reached its first target depth.
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
The Bossier and Haynesville Formations of the onshore and U.S. waters portion of the U.S. Gulf Coast contain estimated means of 4 billion bbl of oil, 304.4 Tcfg, and 1.9 billion bbl of natural gas liquids, according to updated assessments by the U.S. Geological Survey.
