Exploration News


Statoil hits at Verbier, dry at two other wells

Oct 09, 2017

Statoil's 2017 three-well UK North Sea drilling campaign has resulted in a discovery in the Verbier well, but leaves behind two disappointments, the firm reports today.  On Verbier, after initial disappointing results in the target formation…

W&T to spud South Timbalier well in GoM

Oct 05, 2017

W&T Offshore is set to spud its latest well in the South Timbalier 224 (ST 224) lease in the Gulf of Mexico later this month, according to partner Otto Energy. “The Enterprise 264 jackup drilling rig is expected to be on location within…

MODEC gets Vietnam extension

Oct 04, 2017

Japan Vietnam Petroleum Co. (JVPC), a subsidiary of JX Nippon Oil & Gas Exploration, has extended its contract with a MODEC Dutch subsidiary Rang Dong MV17 BV (MV17BV), for the time charter of the FSO Rang Dong MV17. FSO Rang Dong MV17…

Aker BP in Frigg Gamma Delta hit, miss

Oct 03, 2017

Aker BP has encountered further oil at the Frigg Gamma Delta discovery offshore Norway, but came up dry at an adjacent wildcat, according to the Norwegian Petroleum Directorate (NPD). Frigg Gamma Delta…

Barents under the spotlight

Oct 01, 2017

2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…

Bayerngas to drill first wildcat in PL682

Sep 28, 2017

The Norwegian Petroleum Directorate has granted Bayerngas Norge a drilling permit for well 35/9-13 in the Northern North Sea. Well 35/9-13. Map from NPD. Well 35/9-13 will be…

CGG TopSeis helps reveal Loppa High, Barents Sea

Sep 28, 2017

CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis, its latest offshore broadband seismic acquisition and imaging solution. The inaugural TopSeis survey was commissioned by Lundin Norway…

Eni's latest Barents Sea probe dry

Sep 27, 2017

A well drilled 10km southwest of the producing Goliat oilfield in the Norwegian Barents Sea by Italian major Eni was dry, says the Norwegian Petroleum Directorate. Well 7122/10-1 S was targeting hydrocarbons in Middle Triassic reservoir rocks (Kobbe formation)…

Eni boosts Mexico Area 1 reserves

Sep 26, 2017

Italian major Eni is pushing forward with its exploration efforts offshore Mexico after drilling its latest successful well and signing three new licenses won during Round 2.1 back in June.  The firm also says its preparing a development…

Mexico signs contracts from Round 2.1

Sep 26, 2017

Mexico has signed 10 exploration and extraction contracts with bid round winners from this June's shallow water Round 2.1. Companies signing contracts on Monday (25 September) included Mexico's state owned firm Pemex and its partners Germany's DEA and Colombian operator Ecopetrol…

Uruguay, take three

Sep 25, 2017

Renowned for its agriculture and livestock industries, Uruguay has sought to expand its oil and gas exploration and production sector over the past decade. The South American nation hopes that its third offshore licensing round will attract…

Total joins Chevron in GoM exploration

Sep 22, 2017

French oil major Total says it has agreed to capture seven prospects, over 16 Chevron-operated blocks in deepwater Gulf of Mexico (GoM), in a move that analysts say could revitalize Total's GoM portfolio.  Map…

Providence forging ahead with Barryroe

Sep 21, 2017

Providence Resources will proceed with drilling plans for its Barryroe appraisal project offshore Ireland, despite failing to consummate a farm-in agreement with Total. Providence's Ireland acreage in SEL 1/11…

Uruguay launches third offshore licensing round

Sep 20, 2017

Uruguay's Ministry of Industry, Energy and Mining (MIEM) and national oil firm ANCAP have launched the Uruguay Round 3, an offshore licensing round. Image from iStock. Seventeen…

Wintershall to drill Balderbrå with West Phoenix

Sep 19, 2017

Norway’s Petroleum Safety Authority (PSA) has approved Wintershall to drill a wildcat in a prospect named Balderbrå in the Norwegian Sea. West Phoenix. Image from PSA. The well is in PL 894 at 1220m water depth…

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