Rockhopper Exploration has agreed a deal to take over fellow Falklands explorer Falkland Oil and Gas (FOGL). The move will make the combined company the largest North Falkland Islands license and discovered resource holder with a material working interest in all key licenses in the area…
Chevron’s appraisal of the Anchor discovery proved successful oil pay in the Lower Tertiary Wilcox Trend, in the US Gulf of Mexico that the company says indicates a significant discovery of potentially hub class scale. Chevron's…
Resource assessments of the 2015 license round area for offshore Newfoundland and Labrador shows the potential to hold 12 billion bbl and 113 Tcf of gas in place, according to the Government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab…
Karoon Gas Australia is revising its previous estimates of the Kangaroo field in the Santos basin offshore Brazil that decreases its 2C resources by nearly 39%. The Australian company is also estimating its Echidna’s light oil gross contingent 2C resource volume to be of 75 MMbbl…
The Bureau of Ocean Energy Management (BOEM) and the Association of American State Geologists (AASG signed an agreement to foster interaction, cooperation and coordination on marine minerals and oil and gas resources on the outer continental shelf (OCS)…
Sterling Resources transferred its 40% interest in Block 27 Muridava in the Romanian Black Sea, held by its wholly-owned subsidiary Midia Resources SRL, to Petroceltic's Romanian subsidiary. Approval of the transaction has been received…
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…
A total of 42 offshore companies showed up to the Central Gulf of Mexico (GoM) Lease Sale 235 that drew in more than US$538 million in high bids for exploration and development in the area. Gulf of Mexico map…
A team of US and UK supermajors led by Chevron are exploring and appraising 24 jointly-help offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Image from BP. The deal between Chevron…
Faroe Exploration is planning four exploration wells offshore Norway in 2015 - Shango, Pil, Blister and Kvalross. Shango, operated by Total (Faroe 20%), is in the Norwegian North Sea on the northern part of the prolific Utsira High. The…
Chevron encountered a significant oil discovery at its deepwater US Gulf of Mexico Anchor prospect. The Anchor well was drilled by Pacific Drilling's Pacific Santa Ana drillship. Image from Pacific Drilling…
Tulip Oil will pick up partner PA Resources’ 30% equity in blocks Q7/Q10a off The Netherlands. Under the agreement, Tulip Oil will pay a consideration of almost US$1.6 million upon completion of the transaction; further payment is contingent on certain asset milestones being met…
ConocoPhillips is plugging and abandoning the Kamoxi-1 exploration well as a dry hole after drilling to a total depth of 22,660ft, offshore Angola. Kwanza basin activity. From Deloitte Petroview Kamoxi…
ConocoPhillips is dropping out of the Coronado prospect located in Walker Ridge Block 52 in the deepwater Gulf of Mexico. The company was in a joint venture with Anadarko Petroleum Corp. as the operator with, Chevron Corp. and Venari Resources LLC…
Chevron Corp. made a new oil discovery in the Keathley Canyon Block 10 located at the Guadalupe prospect in the deepwater US Gulf of Mexico. Transocean’s Discoverer India. From Chevron. Well No…
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