Exploration News

 

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…

Harnessing energy

May 19, 2015

DONG Energy has taken on the offshore wind market—and it is winning. Elaine Maslin explains. A2SEA’s new wind farm installation vessel, the Sea Installer. Images from DONG Energy. In a short period of time…

Security seeks parallel existence with safety

May 19, 2015

Gregory Hale highlights the importance of both safety and following proper security protocols. The April Pemex blast on a dehydration and pumping platform in the Gulf of Mexico showed that incidents will happen in a dangerous environment…

Albania seeking bids for oil, gas

May 19, 2015

In June, Albania plans to offer seven offshore and onshore blocks for oil and gas exploration. Albania began preparing the bids in 2014 after a yet-inconclusive but possibly significant discovery by a venture between Shell and Petromanas in southern Albania…

Auz 2015 offshore lease sale announced

May 19, 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…

Oil shows, but another Falklands delay

May 19, 2015

Premier Oil’s high-impact Falklands Isobel Deep well has hit oil shows in a suspected high pressure formation, partner Rockhopper Exploration said this morning (19 May). But, the area will now have to be cased, delaying the drilling program…

South Block A PSC receives extension

May 18, 2015

Renco Elang Energy's (REE) South Block A production sharing contract (PSC) in north Sumatra, Indonesia was granted at 19-month exploration extension from the Indonesian Ministry of Energy and Mineral Resources.  According to Peak Oil & Gas…

Kosmos in further Tortue find

May 18, 2015

Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8…

Lundin eyes Caspian Sea black gold

May 18, 2015

Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The production license, in the Lagansky Block, will be valid until 2035 and covers about 50sq km.  The Morskaya field…

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