Exploration News

 

Petronas Irish probe tanks

Aug 14, 2015

Petronas subsidiary PSE Seven Heads' Midleton well offshore Ireland has failed to discover commercial quantities of gas, according to partner Landsdowne Oil & Gas.  PSE Seven Heads, a subsidiary of Petronas' PSE Kinsale Energy reached target depth in the well…

Israeli government approves Leviathan

Aug 13, 2015

The Israeli government entered into an agreement with the consortia of Noble Energy and the Delek Group to move forward with development plans for the Leviathan field in addition to Karish, Tanin and the further development of Tamar. Prime…

JOGMEC funds Vietnamese exploration

Aug 13, 2015

Japan's JOGMEC is to provide equity financing to fellow Japanese firms Idemitsu Kosan and Sumitomo Corporation, which acquired participating interests in the exploration Blocks 39 and 40/02 offshore, Vietnam. Idemitsu and Sumitomo signed the production sharing contract (PSC)…

Statoil gets wildcat nod

Aug 12, 2015

The Norwegian Petroleum Directorate (NPD) granted Statoil a drilling permit for well 16/7-11 in the North Sea. Located in Block 16/7, the well will be drilled from the Songa Trym drilling facility, to the east of the Sleipner Øst field in the central sector of the North Sea…

Levitt-1 well disappoints

Aug 12, 2015

Quadrant Energy Australia’s Levitt-1 exploration offshore Western Australia will be plugged and abandoned after no hydrocarbon shows were found. Map of Levitt-1. From Karoon. Levitt-1…

Inpex's Spari-1 Suriname well disappoints

Aug 12, 2015

Inpex's Spari-1 well in Block 31 offshore Suriname is being plugged and abandoned after no significant hydrocarbon shows were found, according to partner Tullow Oil.  The well, drilled to 3830m total depth in 52m water depth, found presence of the targeted Campanian turbidite sands…

Jubilee back to full production

Aug 12, 2015

Production has restarted on the Kwane Nkrumah FPSO (pictured) on Tullow Oil's giant Jubilee field offshore Ghana ahead of expectations.  The FPSO had suffered issues with its gas compressor late last month, resulting in a gas export outage from 3 July…

E.ON's Salander probe dry

Aug 12, 2015

E.ON E&P Norge's exploration well 6507/3-11 S on the Salander prospect east of the Skarv field in the Norwegian Sea was dry, says the Norwegian Petroleum Directorate. The primary and secondary exploration targets for the well in PL650…

Lundin eyes Luno II tieback

Aug 12, 2015

Lundin Petroleum is considering a joint tie-back development of its Luno II and new Luno II North discoveries after exploration results showed they are in seperate systems. The latest exploration well 16/4-9 S on the Luno II North prospect found 12-26 MMboe gross contingent resource…

MZ-1 offshore Morocco dry for Freeport

Aug 11, 2015

Freeport-McMoRan's MZ-1 deepwater exploration well offshore Morocco has reached total depth without finding oil, according to partner Pura Vida Energy. The well, on the Mazagan permit, was drilled through the three prognosed Jurassic…

Russia seeks to extend Arctic territory

Aug 07, 2015

Russia's Ministry of Foreign Affairs earlier this week announced it had submitted a revised bid claiming 1.2 million sq km of Arctic sea shelf to the UN Commission on the Limits of the Continental Shelf (CLCS). The country's previous bid in 2002 were rejected for lack of evidence…

Shell begins Arctic drilling

Aug 03, 2015

The Transocean Polar Pioneer semisubmersible officially began Shell’s US$1 billion Arctic drilling program in the Chukchi Sea on 30 July. The Polar Pioneer. From Transocean. Drilling operations began at Shell’s Burger J prospect…

Total, Eni, Exxon bet on Mozambique

Aug 03, 2015

Three majors are vying for the same block offshore Mozambique in Mozambique's fifth licensing round, according to the round application details released by the country's National Petroleum Institute (INP) today.  It reveals that ExxonMobil…

LR expands reach with new contracts

Aug 03, 2015

LR Senergy has been awarded a number of contracts worth a combined US$7 million in the Middle East, Europe and Asia.  The new contracts include work with Abu Dhabi Marine Operating Co. (ADMA-OPCO), the Kuwait Energy Co. and Dragon Oil These…

Southeast Asia in focus

Aug 01, 2015

Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…

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