Exploration News


W&T in Ewing discovery

May 29, 2015

W&T Offshore encountered hydrocarbon pay at Ewing Banks 910 with the successful drilling and evaluation of the Ewing Banks 910 A-5 ST well in the Gulf of Mexico.  The company logged 160ft of gross hydrocarbon interval and is currently completing the well…

Petrobras hits at Carcará

May 29, 2015

Brazilian giant Petrobras encountered light oil pay at the second appraisal well at its Carcará pre-salt discovery offshore Rio de Janeiro, according to partner Queiroz Galvão Exploração e Produção (QGEP). ODN II…

Det norske gets Ivar Aasen go ahead

May 28, 2015

Det norske oljeselskap received a green light for drilling an appraisal well on the Ivar Aasen field, from the Norwegian Petroleum Directorate. Ivar Aasen. From Det norske. Drilling at well 16/1-22 A…

Statoil gets Norwegian Sea nod

May 28, 2015

The Petroleum Safety Authority Norway granted Statoil consent for exploration drilling at its operated production license 602 in block 6706/11 in the Norwegian Sea. The field is located around 233km from the nearest mainland at Skomvær in the county of Nordland…

Premier confirms Isobel Deep oil find

May 28, 2015

Premier Oil’s “high-impact, play-opening” Isobel Deep North Falkland Basin well has made an oil discovery, the operator confirmed this morning, in higher than expected reservoir pressure. Operations have been suspended and the rig will be released to drill in the South Falkland Basin…

Woodside exits Tanzania PSA

May 27, 2015

Australia’s Woodside Petroleum will exit the Lake Tanganyika South block it farmed into last July, according to partner Beach Energy. Beach Energy made the announcement on 27 May that Woodside decided not to enter the next phase of exploration on the production sharing agreement (PSA)…

Tullow spuds Zumba

May 27, 2015

Tullow Oil began exploration drilling at the Zumba prospect in the Norwegian Sea, according to partner North Energy. The Leiv Eiriksson. From Ocean Rig. Zumba is located in production licence 591…

Origo snaps up UK and Norway assets

May 27, 2015

Newly formed Norwegian exploration firm Origo Exploration has given a boost to its exploration portfolio by signing three farm-in transactions involving four licenses: two on the UK Continental Shelf, and two on the Norwegian Continental Shelf…

Pemex restructures E&P subsidiary

May 27, 2015

Pemex’s board of directors approved a restructuring plan for its subsidiary Pemex Exploration and Production (PEP) on 22 May, the Mexican national oil company announced. The board of directors created a steering committee for PEP, designating Juan Javier Hinojosa Puebla…

Eni strikes Libyan gas and condensate

May 26, 2015

Eni has made a new gas and condensate discovery offshore Libya. The discovery is in the Bouri North A1-1/1 exploration well in 125m water depth, in Area D, 140km from the coast and 20km north of the Bouri production field.  Eni says…

Statoil eyes Gymir prospect

May 25, 2015

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 6706/11-2 on the Gymir prospect. Well 6706/11-2 will be drilled from the Transocean Spitsbergen semisubmersible drilling rig after completing…

WM: ExxonMobil's Guyana well economic at US$70/bbl

May 21, 2015

On 20 May 2015, ExxonMobil (45% and operator) announced a discovery at its Liza-1 well on the Stabroek Block offshore Guyana. The well was spud on 5 March and drilled to an Upper Cretaceous fan play at a depth of 5433m in 1743m of water.…

Bahamas Petroleum Act takes next step

May 21, 2015

The Petroleum Bill and suite of associated regulations as well as a sovereign wealth bill have been put before the Bahamian House of Assembly for their second readings on 20 May, Bahamas Petroleum Co. announced. Image from Bahamas Petroleum…

Suncor gets North Sea nod

May 21, 2015

The Norwegian Petroleum Directorate (NPD) granted Suncor Energy a drilling permit for the wildcat well 25/10-13 S in the central North Sea. Well 25/10-13 S, located in production license 571, will be drilled from Dolphin Drilling's Borgland Dolphin semisubmersible…

XOM confirms significant Guyana discovery

May 20, 2015

ExxonMobil confirmed a significant oil discovery on the Stabroek Block found 120mi offshore Guyana. The well, spud on 5 March 2015, was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana, and encountered more than…

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