Lundin Petroleum (Lundin Petroleum), through its wholly-owned subsidiary Lundin Norway (Lundin Norway), is pleased to announce that the appraisal drilling and testing of the well 16/1-18 on the Edvard Grieg field in the North Sea sector of…
The latest Johan Sverdrup appraisal well 16/2-19 has found 6m of good quality oil filled sandstone of lower Jurassic/upper Triassic age in the Geitungen area in the north eastern part of the Johan Sverdrup discovery, according to Lundin Petroleum…
Are the UK's fractured basement reservoirs ripe for exploitation? Hurricane Energy's Robert Trice explains why he believes they are. The potential of fractured basement reservoirs is often overlooked by explorers, yet there are numerous…
Lundin Petroleum AB has commenced the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 will be followed by a sidetrack, Boni-01. Balqis-01 is a wildcat oil exploration well designed…
Tracerco is expanding its reservoir-tracing services in the Middle East with a move to a larger premises in Oman and a new purpose built lab in Abu Dhabi, adding to the existing operational base. The new Oman building sits in an industrial area of Muscat called Al Jufneen…
Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed exploration well 16/2-20S, located north of the Johan Sverdrup discovery in PL501, in the North Sea sector of the Norwegian Continental Shelf. A sidetrack well will now be drilled…
Petroleum Geo-Services (PGS) says it has completed the first full-scale simultaneous acquisition of towed streamer EM and 2D GeoStreamer seismic. The program consisted about 3000 line km of seismic and towed streamer EM data, acquired over a four week period this summer…
Following Mitsui’s decision to divest its 35% share of the project, AWE Limited, New Zealand Oil & Gas, and Pan Pacific Petroleum, via their subsidiaries, will increase their respective interests in the Tui area oil project for $US14.9 million…
ALS entered into an agreement to acquire Reservoir Group for US $533 million (9.6 x Reservoir's FY2013 EBITDA). The transaction follows extensive due diligence undertaken by ALS on Reservoir as a part of an exclusive sale process. Reservoir…
Exploration well 16/2-18S, located on Statoil operated PL265 in the North Sea, was drilled west of Johan Sverdrup discovery about 9 km west of well 16/2-6 and 3 km west of appraisal well 16/2-14. The primary exploration target of the well…
ALS entered into an agreement to acquire Reservoir Group for US $533 million. Reservoir is a provider of oil and gas services and equipment that assists with the evaluation, development and optimization of oil and gas discoveries. Reservoir operates five segments: Coring…
Norway’s Statoil has had a double success on the Norwegian Continental Shelf (NCS). Wildcat well 34/8/15 S on production license (PL) 120 proved gas and an appraisal well on the Johan Sverdrup field in PL265 confirmed the extent of the reservoir along the western margin of the field…
Lengo-2 drill stem test achieves 21.2 mmscf/d AWE Limited (ASX: AWE) reports that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, offshore Indonesia, achieving a maximum gas flow rate of 21…
EPC Offshore has just completed a reference case for a phased development approach for Hurricane Oil’s Lancaster field, in UK block 205/21a, West of Shetland, to demonstrate that it is commercially viable,and the project is about to enter the next stage of its development…
Basement reservoirs have been exploited for decades. However, since the mid-1990s, there has been increasing interest following major discoveries in Vietnam and Yemen, combined with the creation of new downhole tools, seismic technics and improved drilling technologies…
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