The Department of Mineral Fuels (DMF), the government agency responsible for Thailand’s upstream petroleum industry, granted approval to KrisEnergy for the production area application (PAA) for for an area containing the Rossukon oil discovery in the Gulf of Thailand…
Premier Oil has spudded its latest Falklands Islands exploration well. The 14/20-2 Isobel - 2 well in the North Falklands basin is a second attempt on the Isobel Deep area, after drilling in May hit oil shows in a suspected high pressure formation…
Norway's Statoil has made a small discovery on its Tarvos exploration well in production license 120 in the northern part of the Norwegian North Sea. Well 34/8-16 S was drilled on the east flank of the Visund field, about 140 km northwest of Bergen…
Shell made a “major discovery” at its Kaikias well that could possibly surpass 100 MMboe, in the deepwater Gulf of Mexico. Map of the Mars-Ursa basin. From Shell. Kaikias is located about 60mi south of Louisiana…
Ophir Energy’s G4/50-11 wildcat exploration well in the South Western Graben of the Gulf of Thailand failed to encounter a commercial discovery and will be plugged and abandoned. The well targeted the Parichat Southwest prospect. The…
Technology transformation is happening at an increasingly fast pace, changing the way global companies operate, shaping innovations that drive down operational costs and creating efficiencies. In the oil and gas sector, never more is such innovation needed…
The Roc Oil and CNOOC-led joint venture spudded the WZ 12-8W-A6P1 appraisal well, in Beibu Gulf, offshore China, according to parnter Horizon Oil. Map from Horizon Oil. The well is located in the Weizhou 12-8 fields area…
Statoil is saying goodbye to Alaska exploration and has decided to exit its leases in the Chukchi Sea following recent results in nearby leases, in addition to finding the leases no longer competitive. Map of Alaskan leases Statoil is exiting…
Australian regulators have rejected BP's environmental plan for the major's deepwater, four-well drilling plan in the Great Australian Bight. The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) said…
Primeline Energy Holdings has started drilling operations on the LS30-3-1 well in the East China Sea. Following the plug and abandon operation of LS23-1-1 announced 28 October, Primeline’s contractor, China Oilfield Service Ltd. (COSL)…
Geocsience firm TGS is to cut staffing by a further 130, or 16%, after continuing to review its cost base amid the ongoing weak market conditions. Image from TGS. The firm says…
Petróleo Brasileiro (Petrobras) has declared Sépia Leste in the Santos basin pre-salt area to be commercial with an estimated 130 MMboe recoverable resources, offshore Rio de Janeiro. Map of the Sépia field…
Several oil and gas majors put in their bids worth more than US$907 million ($1.2 million CAD) for a chance to explore about 2.6 million hectares of the Canada-Newfoundland and Labrador offshore area, according to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB)…
The Canada-Nova Scotia Offshore Petroleum Board received successful bids from Statoil Canada to invest nearly US$61.7 million (CAD $82 million) to explore two properties, which were part of the board's 2015 call for bids. 'We are thrilled…
Independent Oil and Gas’s (IOG) Skipper discovery in the UK North Sea received an increase of recoverable resources by 6% to 34.1 MMbbl. Map of Skipper. From IOG. Skipper, currently in the advanced stages of planning…