Exploration News


Chevron starts up Mafumeira Sul

Mar 08, 2017

Chevron subsidiary Cabinda Gulf Oil Co. (CABGOC) has started up the main production facility of the Mafumeira Sul project in Block 0, offshore Angola. Image of the Osprey heavy lift vessel that…

Cairn targets Vega-Regulus after SNE-5 completes

Mar 07, 2017

UK independent explorer Cairn Energy has completed drilling on its latest Shelf North Edge well, or SNE-5, and is getting ready for its next target, offshore Senegal. Cairn says the initial results on the SNE-5 well were in line with expectations and drilling…

Lundin spuds wells at Ghota, Edvard Grieg

Mar 06, 2017

Lundin Petroleum started appraisal drilling at Gohta in the Barents Sea, and on the Edvard Grieg field in the North Sea. At Gohta, appraisal well 7120/1-5 in PL492, is being drilled by the Leiv Eiriksson semisubmersible drilling rig. The…

Nexen uses Plexus for HPHT well

Mar 03, 2017

North Sea producer Nexen Petroleum has awarded Plexus Holdings a one-well order for the high-pressure Glengorm exploration well in the Central North Sea.   Nexen, a wholly-owned subsidiary of China's CNOOC, is due to drill the well after 1 July 2017…

Repsol cleared to drill deepwater Stordal probe

Mar 03, 2017

Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…

Aker BP to drill at Volund with Transocean Arctic

Mar 02, 2017

Norway’s Petroleum Safety Authority (PSA) has given Aker BP consent to drill exploration well 24/9-11S on the Volund field with the Transocean Arctic in the North Sea. Aker BP is the operator of the Volund field, around 220km west of Tananger in Rogaland county…

Statoil to drill Mim prospect in Norwegian Sea

Mar 02, 2017

Statoil has been given the green light to drill a well on the Mim prospect in the Norwegian Sea using the Deepsea Bergen drilling facility. Map of well 6507/3-12 A, from the NPD. Well…

Chevron-led JV inks Mexico deepwater pact

Mar 01, 2017

Chevron and Inpex will make their entry into the Mexican Gulf of Mexico, following an agreement signed between the US supermajor, Japanese giant, and Mexico’s Petróleos Mexicanos (Pemex), for the exploration of Block 3 North in the Perdido Fold Belt…

Starting from the (ocean) bottom

Mar 01, 2017

A seismic shift – pun intended – has been made in ocean bottom node technology. It is being made more efficient and cheaper to deploy, bringing it closer to challenging the high-end towed streamer market. Elaine Maslin reports. Miniaturization…

Fanning the (E&P) flames

Mar 01, 2017

All eyes may be on Guyana, but there’s plenty of other countries worthy of attention in South America. Audrey Leon surveys the current spike in exploration activity in the region. Image from Anadarko Petroleum’s Q4 Operations Report…

Waiting for the bright side

Mar 01, 2017

2016 was a year of huge challenges for the offshore drilling rig sector as the low oil price environment and reduced E&P spending continued to bite. Stephen Gordon, of Clarksons Research, charts the state of the market, which is arguably facing some of its toughest times since the 1980s…

Rystad: Offshore gaining on shale

Feb 28, 2017

Even though the oilfield service market in shale is the place to be in 2017, Rystad Energy says there is clear evidence that offshore projects are still being prioritized by exploration and production (E&P) companies. In fact, for every…

Equatorial Guinea extends licensing round

Feb 28, 2017

Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry.  The round, offering 'all…

Trión first oil set for 2023

Feb 27, 2017

Mexico’s Petróleos Mexicanos (Pemex) expects to carry out exploration activities at Trión this year, with initial production slated to start in 2023. Image of José Antonio González Anaya, from Pemex Flickr…

Kosmos to accelerate off West Africa

Feb 27, 2017

Dallas-based Kosmos Energy is looking to drill “the industry’s most prospective exploration wells,” as the company moves towards its second phase of exploration offshore Mauritania and Senegal. Map of the Greater Tortue area…

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