Technology is there for companies to use and take advantage of, but is it being used as much as it could be to gain insight into operations. Gregory Hale takes a look. With the digital oilfield…
Faroe Petroleum has made its first move into the Irish offshore by picking up three new, two-year Licensing Options (14/1, 14/2 and 14/3) on the southern margin of the North Celtic Sea basin. A work program, agreed with Irish authorities…
Centrica Energy's Norwegian outfit has started drilling on the Ivory prospect in production license 528 in the Norwegian Sea, according to partners Rocksource and Atlantic Petroleum, Exploration well 6707/10-3 S is being drilled using the West Navigator drillship…
N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…
Jeremy Berry examines the trend occurring off West Africa where exploration success continues to be confined to those countries that already have significant production. Fig. 1: West Africa production…
The rapid expansion of oil and gas telecommunications systems in order to facilitate the development digital oilfields in increasingly remote locations, enhance safety, and maximize data use, was the theme of a conference on oil and gas telecommunications organized by SMi Group in London…
Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction. Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…
Chevron and Statoil are launching new solutions to a growing challenge in the Gulf. Bruce Nichols reports. The GE (Hydril) MaxLift pump aboard the Pacific Santa Ana drillship. Photos: Pacific Drilling…
Noble Energy will resume exploratory drilling in the Falkland Islands next year after acquiring and reviewing extensive 3D seismic of its 10 million acre-position. In late February 2014, London-based joint venture partner Falkland Oil…
Industry body Oil & Gas UK is calling on the UK Government to offer fiscal support for exploration in the UK North Sea, alongside lower taxes, and simpler field allowances. The call, made in the body’s Economic Report 2014, comes as the UK’s oil and gas industry faces rising operating costs…
CAMAC Energy's four offshore Nigeria prospects have increased the company’s unrisked P50 recoverable resources to approximately 3 billion boe. Map of Nigerian prospects from CAMAC The…
The Ministry of National Infrastructure, Energy and Water of the State of Israel's Petroleum Commissioner informed Modiin Energy that its Gabriella and Yam Hadera offshore licenses have expired due to the company's failure to achieve program milestones…
Schlumberger released its 2014 versions of its software platforms: Petrel E&P software platform, Techlog wellbore software platform, Studio E&P knowledge environment and Ocean software development framework enhance multidisciplinary integration…
TGS and FarifieldNodal will conduct two ocean bottom projects in the shelf region of the US Gulf of Mexico. Z700 at sea from FairfieldNodal. The two surveys include the Calypso Full Azimuthal…
Australia's Tangiers Petroleum says it intends to exit the Tarfaya Block off Morocco after the Tao-1 well showed dry and exceeded budget. The Tarfaya block is the company's only holding in Africa. The company is now faced with either…
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