French seismic firm CGG has completed full processing of all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste. The regional program, totaling more than 14,000km of broadband seismic data…
Noble Energy's Humpback exploration well in the south Falklands basin has hit operational issues with results likely to be delayed by about a month, according to partner Falkland Oil and Gas (FOGL). The well, which spudded on 13 June 2015…
Australia has total of 29 offshore blocks across eight basins up for bid that the government is offering up to investors in its annual Offshore Petroleum Exploration Acreage Release. Map of the Browse basin…
US-based Noble Energy acquired from Argos Resources a 75% interest and operatorship of 285,000 gross acres in the PL001 license in the North Falkland basin, northwest of the PL032 license that includes the Sea Lion oil discovery. Edison International SpA obtained the remaining 25%…
Zeta Energy is offering up US$22.5 million for an unconditional takeover offer for Pan Pacific Petroleum NL (PPP). Map from PPP. The offer equals to $0.04 (A$.05) per share and will be made as an on-market cash offer…
Rystad Energy’s Senior Analyst Bielenis Villanueva Triana ranks Mexico’s exploration competitiveness as compared to other global prospective areas. Fig. 1: Mexico’s petroleum provinces which have proven hydrocarbon potential…
Premier Oil spudded its first 2015 Falklands drilling campaign well, 14/15-5, using the Eirik Raude semisubmersible drilling rig on the Zebedee prospect on 6 March. The well, on license PL004b, will test a total of seven stacked fan bodies…
Searcher Seismic in conjunction with project partner, BGP, are pleased to announce the 2015 GroupSeis campaign over the North West Shelf, Western Australia. The GroupSeis concept has been developed by Searcher to provide clients with a turnkey solution for the environmental approval…
The latest drilling campaign offshore the Falkland Islands is expected to start next month, partner Falkland Oil and Gas (FOGL) said this morning. Announcing that the rig for the campaign, Ocean Rig's Eirik Raude drilling rig has started mobilization from West Africa…
ConocoPhillips has started drilling on the third well in its Barossa area exploration campaign, Barossa-4, in the Bonaparte basin, offshore Australia's Northern Territory. The latest well follows the Barossa-3 appraisal well…
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…
GeoPartners, in partnership with Seabird Exploration Multi-Client and DownUnder GeoSolutions, has announced a new multiclient 2D (MC2D) seismic project in the Frontier UK Rockall Basin offshore the north west coast of Scotland. The Rockall…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
Santos (40%) and GDF SUEZ (60% and operator) have said that the Bonaparte LNG project partners will consider other potential development options, in addition to the floating LNG concept, to develop the Petrel, Tern and Frigate natural gas fields…
Ireland’s Government has launched the 2015 Atlantic Margin Oil and Gas Exploration Licensing Round and a new offshore oil and gas production taxation regime, including an increase in the top tax rate. The new round, which will close September 2015…