Quadrant Energy encountered condensate rich gas from at least three hydrocarbon columns at the Roc-1 well, offshore Western Australia. Map of Roc-1, courtesy of Carnarvon. Roc…
Carnarvon Petroleum has announced that operator Quadrant Energy has spud the Roc-1 well on 24 November 2015. Drilling is expected to reach 4700m total depth, and take about 35-40 days trouble free. Well logging and sidewall coring is expected to take about 5-10 days on success case…
Quadrant Energy received the Noble Tom Prosser drilling rig that will mobilize to the Roc-1 well site in WA-437-P offshore Western Australia, and prepare for spud around 17 November 2015, according to partner Carnarvon Petroleum. The Roc-1 well…
Primeline Energy Holdings Inc. has announced that China National Offshore Oil Corp. (CNOOC) has agreed to extend the exploration period under the petroleum contract for Block 33/07 to facilitate Primeline’s exploration drilling program in the East China Sea…
Quadrant Energy will spud the Roc-1 well located in the North West Shelf off Western Australia using the Tom Prosser jackup rig. The rig will drill a well for Vermillion Energy at the Wandoo oil field in the northwest of Dampier before commencing Roc-1 drilling operations…
Three majors are vying for the same block offshore Mozambique in Mozambique's fifth licensing round, according to the round application details released by the country's National Petroleum Institute (INP) today. It reveals that ExxonMobil…
Northern Petroleum announced that the environmental impact assessments (EIA) for its three remaining exploration permit applications in the southern Adriatic have been approved. These approvals are in addition to the two EIA approvals for exploration permit applications announced on 10 June 2015…
Young Okunna, GlobalData's upstream analyst covering Sub-Saharan Africa reported that the current downturn in oil prices has not slowed down in the region. Although several firms have cut back on their global exploration budgets, the region continues to attract activity…
Apache agreed to sell its Australian subsidiary Apache Energy Ltd. to a consortium of private equity funds managed by Macquarie Capital Group Ltd. and Brookfield Asset Management Inc. for cash payment of $2.1 billion. With the sale, the company…
Apache Energy’s Phoenix area off Western Australia is estimated to contain 48-232 MMbbl of contingent and prospective recoverable oil, according to an independent technical advisor. Map from Carnarvon…
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…
Effective 1 February 2015, INPEX will have two new changes in general managers. Toru Akutsu, currently the general manager of the exploration & exploitation unit domestic project division, will become the project general manager of the domestic project division…
Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past. Stakes in some 54 new production…
Seismic acquisition began on the new Polarcus Capreolus 3D multi-client project over the Phoenix area in the Rosebuck basin, offshore Western Australia. The area contains the recent Apache-operated Phoenix South-1 oil discovery…
Five companies have been awarded licenses covering 10 exploration blocks in the Adriatic Sea in Croatia's first licensing round. The round had offered 29 blocks in the eastern Adriatic Sea covering a total of 36,822sq km. Bids were received from six companies for 15 exploration areas…
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