Exploration News

 

Premier confirms Isobel Deep oil find

May 28, 2015

Premier Oil’s “high-impact, play-opening” Isobel Deep North Falkland Basin well has made an oil discovery, the operator confirmed this morning, in higher than expected reservoir pressure. Operations have been suspended and the rig will be released to drill in the South Falkland Basin…

Woodside exits Tanzania PSA

May 27, 2015

Australia’s Woodside Petroleum will exit the Lake Tanganyika South block it farmed into last July, according to partner Beach Energy. Beach Energy made the announcement on 27 May that Woodside decided not to enter the next phase of exploration on the production sharing agreement (PSA)…

Tullow spuds Zumba

May 27, 2015

Tullow Oil began exploration drilling at the Zumba prospect in the Norwegian Sea, according to partner North Energy. The Leiv Eiriksson. From Ocean Rig. Zumba is located in production licence 591…

Origo snaps up UK and Norway assets

May 27, 2015

Newly formed Norwegian exploration firm Origo Exploration has given a boost to its exploration portfolio by signing three farm-in transactions involving four licenses: two on the UK Continental Shelf, and two on the Norwegian Continental Shelf…

Pemex restructures E&P subsidiary

May 27, 2015

Pemex’s board of directors approved a restructuring plan for its subsidiary Pemex Exploration and Production (PEP) on 22 May, the Mexican national oil company announced. The board of directors created a steering committee for PEP, designating Juan Javier Hinojosa Puebla…

Eni strikes Libyan gas and condensate

May 26, 2015

Eni has made a new gas and condensate discovery offshore Libya. The discovery is in the Bouri North A1-1/1 exploration well in 125m water depth, in Area D, 140km from the coast and 20km north of the Bouri production field.  Eni says…

Statoil eyes Gymir prospect

May 25, 2015

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 6706/11-2 on the Gymir prospect. Well 6706/11-2 will be drilled from the Transocean Spitsbergen semisubmersible drilling rig after completing…

WM: ExxonMobil's Guyana well economic at US$70/bbl

May 21, 2015

On 20 May 2015, ExxonMobil (45% and operator) announced a discovery at its Liza-1 well on the Stabroek Block offshore Guyana. The well was spud on 5 March and drilled to an Upper Cretaceous fan play at a depth of 5433m in 1743m of water.…

Bahamas Petroleum Act takes next step

May 21, 2015

The Petroleum Bill and suite of associated regulations as well as a sovereign wealth bill have been put before the Bahamian House of Assembly for their second readings on 20 May, Bahamas Petroleum Co. announced. Image from Bahamas Petroleum…

Suncor gets North Sea nod

May 21, 2015

The Norwegian Petroleum Directorate (NPD) granted Suncor Energy a drilling permit for the wildcat well 25/10-13 S in the central North Sea. Well 25/10-13 S, located in production license 571, will be drilled from Dolphin Drilling's Borgland Dolphin semisubmersible…

XOM confirms significant Guyana discovery

May 20, 2015

ExxonMobil confirmed a significant oil discovery on the Stabroek Block found 120mi offshore Guyana. The well, spud on 5 March 2015, was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana, and encountered more than…

Dry Snømus well for Talisman

May 20, 2015

Talisman Energy's Snømus exploration well in the Norwegian sector of the North Sea has been classified as dry.   The 15/12-24 S Snømus well - the first exploration well on production license 672 - was drilled in 86m water depth using…

Bister bites the dust

May 20, 2015

Statoil's Norwegian Sea Bister well found no oil, partner Faroe Petroleum reports. Drilling on Bister, in production license 348/C, near the 2013 Snilehorn discovery, reached target depth and intersected good quality reservoirs, but no hydrocarbons were found…

Ice spurs innovation

May 19, 2015

Viking Life-Saving Equipment is taking PPE to the limit. Meg Chesshyre explains. Viking’s polar liferaft is ready for use—even at -58°F.  Photos from Viking Life-Saving Equipment Arctic…

P-scan goes deeper

May 19, 2015

Exploration in deeper waters is driving technology development, not least in subsea inspection. Meg Chesshyre reports. Diver-based pipeline scanning. Images from FORCE Technology. Denmark’s FORCE Technology…

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