Exploration News

 

Ophir expands in Gabon

Oct 24, 2014

UK-based Ophir Energy increased its footprint offshore Gabon by signing exploration and production sharing contracts (PSC) for two additional blocks in the area. The new blocks, A3 and A4, are located outboard of Ophir's existing acreage in the North Gabon basin…

Denmark gets 25 bids in 7th offshore license round

Oct 23, 2014

The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…

BP/GDF make joint North Sea discovery

Oct 23, 2014

GDF SUEZ E&P and BP have made an oil and gas discovery spanning two blocks in the in the UK Central North Sea.  The discovery well 30/1f-13AZ, which spans GDF SUEZ-operated Block 30/1f (license P1588) and BP-operated Block 30/1c (license P363)…

Shell in Gabon discovery

Oct 22, 2014

Shell made a large exploration discovery at the Leopard-1 well, offshore Gabon, West Africa. The exploration well encountered a substantial gas column with around 200m net gas pay in a pre-salt reservoir. Leopard-1 is located in license BCD10 approximately 145km off the Gabonese coast…

Statoil finds oil at Grane

Oct 21, 2014

Statoil discovered new oil resources in the D-structure at well 25/8-18 S in PL169, near the Grane field, in the North Sea. Map from Statoil.    The D-structure is located on the Utsira High…

Genel to test Morocco oil find

Oct 20, 2014

Genel Energy's SM-1 well on the Nour prospect in the Sidi Moussa block offshore Morocco has found oil and is to be well tested. Partner San Leon Energy said the well, drilled using Noble Corp.'s Noble Paul Romano semisubmersible drilling rig…

Eni, Kogas strengthen African presence

Oct 17, 2014

Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors.  Image from Kogas…

Lundin's Vollgrav South a duster

Oct 17, 2014

Lundin's Vollgrav South exploration well 33/12-10 S in production license 631 in the northern North Sea has been plugged and abandoned after it was found to be dry. The well was drilled about 150km west of Florø, between the Statfjord and Gullfaks fields…

Woodside adds Cameroon stake

Oct 16, 2014

Perth, Australia-based Woodside Petroleum will farm into 30% of the Tilapia production sharing contract offshore Cameroon, the company announced on 14 October. The company signed an agreement with Tilapia partners Noble Energy and Glencore for the block…

KD consortium wins Eni FLNG FEED

Oct 16, 2014

Eni East Africa SpA awarded the KD consortium, consisting of KBR Inc. and Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), a contract for a front end engineering design (FEED) for a floating liquefied natural gas (FLNG) facility for…

Karoon set to begin Santos campaign

Oct 16, 2014

Australia’s Karoon Gas is planning to begin its drilling campaign the second week of November when the company will drill two to four appraisal and exploration wells off Brazil. The Olinda Star. From Karoon…

SOCO to test Gabon find

Oct 16, 2014

SOCO International says its subsidiary SOCO EPC is planning to perform a well test on the Lidongo X Marine 101 well in the Marine XI Block offshore the Republic of Congo, west Africa. The well encountered oil in a clastics sequence in…

Deepwater cost challenges and opportunities

Oct 14, 2014

Deepwater exploration offers one of the few attractive places for today's international oil companies, but costs will need to be curbed to make it work, senior executives said in Aberdeen today (14 October). Total's…

Eni increases Vietnamese acreage

Oct 14, 2014

Italian explorer Eni picked up two new exploration assets offshore Vietnam from state-owned oil company PetroVietnam, the company announced on 13 October 2014. Eni’s CEO Claudio Descalzi (pictured) and PetroVietnam president DO Van Hau…

Gobi-1 spudded off Indonesia

Oct 13, 2014

Lundin Petroleum began drilling at the Gobi-1 wildcat exploration well in the Gurita production sharing contract (PSC) offshore Indonesia. Map of Gurita PSC. From Nido.   Gobi-1 is located in the West Natuna basin in the Natuna Sea…

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