Exploration News

 

IOG increases North Sea license

Mar 20, 2015

Independent Oil and Gas (IOG) announced that further to the award of Block 48/22c in the UK 28th offshore licensing round, the license area has been increased by 42sq km to the South and now contains the Hambleton discovery, in the North Sea…

No pay for Karoon’s Kangaroo-1

Mar 20, 2015

No hydrocarbons were intersected at Karoon Gas Australia’s Kangaroo West-1 offshore Brazil. Map from Karoon.   The exploration well, located in exploration block S-M-1165, reached its planned total depth of 3170m…

Dolphinus strikes Tamar deal

Mar 18, 2015

The Tamar partners awarded Dolphinus Holdings a US$1.2 billion contract to export natural gas from the Tamar project to Egypt. Tamar field. From Delek.   For the first three years of the seven-year contract…

Statoil awarded new Indonesia license

Mar 18, 2015

Statoil is expanding its presence offshore Indonesia with a new awarded exploration license in which the company will operate and own 100%. The new license, the Aru Trough I, covers an area of about 8300sq km and is located near Statoil’s…

GoM lease sale beginning

Mar 17, 2015

The Gulf of Mexico (GoM) lease sale 235 that will offer 41.2 million acres for exploration and development in the central planning area offshore Louisiana, Mississippi and Alabama begins tomorrow (18 March 2015). Secretary Jewell will…

NOIA on Central GoM lease sale 235

Mar 17, 2015

National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement in advance of tomorrow’s Gulf of Mexico offshore oil and gas lease sale: 'This sale will be interesting due to low oil prices, which just dropped further this week…

KrisEnergy kicks off Thai campaign

Mar 17, 2015

Singapore-based KrisEnergy began its drilling campaign in the Gulf of Thailand. The Key Gibraltar. From Shelf Drilling.   The campaign is starting at the Rossukon-2 exploration well…

Gemini duster for Lundin

Mar 17, 2015

Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole. Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea…

Advice during the downturn

Mar 17, 2015

Following up on last week's article on companies bracing for bankruptcies within the oil and gas industry, OE's Managing Editor Audrey Leon spoke with Charles Kelley and Robert Gray, Houston-based attorneys with law firm Mayer Brown to discuss the downturn in oil prices…

Eni’s double discoveries

Mar 16, 2015

Eni made a significant gas discovery offshore Libya and found more gas than anticipated at its Merakes-1 well offshore Indonesia. Libya find Eni activity in Libya. From Eni.   Eni…

Total spuds Shango probe

Mar 16, 2015

Total has spudded exploration well 25/6-55, named Shango by partner Faroe Petroleum, in license 627 (Skirne East) in the Norwegian North Sea. Shango is on the northern part of the Utsira High about 5km from the producing Skirne field…

Anadarko dumps Dolphin drillship

Mar 13, 2015

Anadarko Petroleum Corp. sent Dolphin Drilling an early termination notice for the Belford Dolphin ultra deepwater drillship's charter contract off Mozambique. The Belford Dolphin. From Dolphin Drilling…

GDF Suez hits at Dalziel

Mar 12, 2015

GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean.  Well 22/16-6 flowed at rates in excess of 8000…

Petrobras starts early at Búzios

Mar 12, 2015

Petrobras began early production at the deepwater Búzios field offshore Brazil. The Dynamic Producer. From Sembcorp Marine.   Búzios is located in the Santos basin, about 200km off the coast of Rio de Janeiro…

Wood Mackenzie analyzes Mexico’s Round One

Mar 11, 2015

New analysis by Wood Mackenzie looks at Mexico's Round One shallow water opportunities, a licensing round that includes nine shallow-water fields with a total of 356 MMboe of 2P reserves. These fields, which have not yet been put into production…

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