UK independent Premier Oil is resigning as operator on the UK North Sea Bagpuss joint venture effective at the end of this year. Premier will also sell its 40.1% interest to newly formed firm, Aberdeen-based Reach Halibut, subject to approval by the joint venture partners…
Initial results from the Skipper appraisal well in the UK North Sea have shown oil 'significantly' heavier than expected, but in sands with higher permeability than thought. Operator and 100% owner Independent Oil and Gas says it will now review its development strategy for the field…
Swedish headquartered oil firm Lundin says its Barents Sea Alta discovery contains up to 125-400 MMboe gross contingent resources after completing its latest appraisal well. The estimate, inline with pre-drilling estimates, comes after…
BP is facing more setbacks for its Great Australian Bight drilling program, following a further request from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for information on the environment plan…
Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…
Quadrant Energy confirmed a gas condensate discovery at the Roc-2 appraisal well offshore Western Australia, according to partner Carnarvon Petroleum. Roc-2 is in WA-437-P exploration permit in the North West Shelf of Australia, where…
Russia's Gazprom has made a discovery on the Kirinsky block in the Sea of Okhotsk. The firm was drilling an exploration and appraisal well on the Yuzhno-Lunskaya structure within the Sakhalin III project. As a result, a substantial gas and condensate inflow was reported…
The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni. Image from Eni. The Italian giant, along with 50:50 partner BP, upgraded…
Shell Canada is moving on to its next prospect in the Shelburne basin, offshore Nova Scotia, after failing to find commercial hydrocarbons at its first exploration well in the program. Map of the Shelburne basin exploration project…
Lundin Norway has been given the go-ahead to drill well 7219/12-1, or Filicudi, in the Norwegian Barents Sea, using the Leiv Eiriksson semisubmersible drilling rig. The well about 24km south of the Salina discovery, made by Eni in 2012…
Aquaterra Energy and Plexus Holdings have developed a light weight, dual barrier high-pressure high-temperature (HPHT) riser system which can be deployed by a jackup as an alternative to semisubmersible installation for HPHT well operations…
Statoil announced the opening of its new operations center for the UK Continental Shelf (UKCS) that will see its workforce grow by 40; in addition its plans to drill three wells in the area. Scotland’s…
Quadrant Energy is planning formation testing on the Roc-2 well over the next 7-10 days, according to partner Carnarvon Petroleum. Carnarvon announced a discovery on the well, in the North West Shelf, offshore Western Australia, earlier this month…
Mubadala Petroleum has completed drilling operations at the MNA-17 appraisal well in the Manora oilfield in the Gulf of Thailand, according to partner Tap Oil. The Manora Oil Development joint venture was able to appraise the 500 series sands and assess a separate untested fault block…
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has advised BP that it will be taking additional time to assess the company’s environment plan proposing to drill the Stromlo-1 and Whinham-1 exploration wells in the Great Australian Bight (GAB)…
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