Exploration News

 

New North Sea find near Ekofisk

Jul 23, 2015

Norway's Statoil has made a 15-75 MMboe gas and condensate discovery near the 70-200 MMboe King Lear discovery located just 17km from the Ekofisk facilities. The Julius discovery well 2/4-23S, drilled using the Maersk Gallant jackup in 68m water depth…

Xplorer eyes offshore Morocco

Jul 22, 2015

UK-listed small-cap exploration firm Xplorer has today signed a memorandum of understanding for the acquisition of a working interest in five shallow offshore exploration permits off the coast of Morocco. Xplorer has negotiated the acquisition from Teredo International of Teredo Morocco…

Eni makes 15 Bcm Egypt find

Jul 21, 2015

Italy's Eni has discovered gas at the Nooros exploration prospect in the Abu Madi West license, in the Nile Delta, offshore Egypt. Preliminary estimates of the discovery account for a potential of 15 Bcm of gas in place with upside, plus associated condensates…

Bittersweet for Edison's Haribo

Jul 21, 2015

Edison Norge's exploration well on the Haribo prospect in the Norwegian sector of the North Sea has been declared dry. Partner Noreco Norway said well will now be plugged and abandoned. The well spudded on 21 June using the semisubmersible drilling rig Transocean Searcher…

Cluff eyes southern North Sea drilling

Jul 20, 2015

UK-based Cluff Natural Resources says it has made 'significant progress' on its plans for exploration drilling in southern North Sea licenses. The company was formed to exploit underground coal gasification (UCG), but it is also exploring for natural gas in the southern North Sea…

Shell Arctic rigs get BSEE inspection

Jul 17, 2015

The Bureau of Safety and Environmental Enforcement (BSEE) inspected Shell’s drilling rigs for its US$1 billion Arctic drilling program, the Noble Discoverer, Polar Pioneer and the Fennica icebreaker vessel in Alaska. Pre…

BOEM to offer 22 million acres for GoM development

Jul 16, 2015

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…

EMGS in Mexico multi-client survey

Jul 16, 2015

Mexico's Comisión Nacional de Hidrocarburos (CNH) authorized permits for Electromagnetic Geoservices (EMGS) to acquire about 88,000sq km of 3D electromagnetic (EM) multi-client data over a five-year period off Southern Mexico. SENER’s…

Talos consortia only Round One winner

Jul 16, 2015

The Talos Energy, Sierra Oil & Gas, and Premier Oil joint venture was the only winner at Mexico’s historic Round One, in which the consortia was awarded two blocks. Map of Blocks 2 and 7. From Premier…

GlobalData: Nigeria could be rejuvenated

Jul 15, 2015

Despite over 37 billion bbl remaining in proven reserves, oil production in Nigeria is forecast to falter due to underinvestment, with the country’s oil and gas sector in desperate need of reforms and transparency to reverse this trend, according…

Mexico's bleak Round One ends

Jul 15, 2015

Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…

Dry well on Zeppelin

Jul 15, 2015

Wintershall's Zeppelin exploration well offshore Norway has been classified as dry. The well, 10/4-1, in production license 734, was drilled about 35km southeast of the Yme field in the North Sea using the Borgland Dolphin semisubmersible drilling rig in 98m water depth…

PEMEX bows out of Round One

Jul 10, 2015

Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…

Stone’s Cardona on track

Jul 07, 2015

Stone Energy’s Cardona #6 development well, in Mississippi Canyon block 29 of the Gulf of Mexico (GOM) has been proceeding ahead of schedule and below budget, and drilling has been completed through the targeted zones. The well encountered 288ft of net pay in two intervals…

Four exit Mexico’s Round One

Jul 07, 2015

Mexico’s Comisión Nacional de Hidrocarburos (CNH) revealed that four companies have opted to withdraw from the country’s historic Round One in the southern Gulf of Mexico, according to a Reuters report.  Image from Pemex…

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