Exploration News

 

Providence narrows focus on Polaris

May 14, 2015

Offshore Ireland focused Providence Resources is narrowing its focus on to the Polaris oil prospect after a survey over its Rathlin Basin license. The firm has relinquished some 70% of the 100% operated license, P1885, containing Polaris…

MEO receives NT/P68 extension approval

May 13, 2015

The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd.  Permit year 5 will now end 26 October, plus give…

Europa eyes 1.5 billion boe Irish potential

May 12, 2015

UK-based offshore Ireland explorer Europa Oil & Gas says an independent review of Frontier Exploration License 3/13 estimates it contains nearly 1.5 billion boe prospective resources and the potential for a “play-opening” first well. The estimate…

Danish HPHT find announced

May 12, 2015

Denmark headquartered Maersk Oil has made a hydrocarbon discovery on the high-pressure, high-temperature (HPHT) Xana-1X exploration in the Danish Sector of the North Sea. The Xana-1X well was drilled in license 9/95 in 68m water depth…

Shell Arctic spill plan

May 11, 2015

Shell released this video outlining its safety efforts for Arctic exploration. The company received conditional approval for its exploration plan in the Chukchi Sea on 11 May 2015. Shell is planning to spend US$1 billion to explore the Arctic…

Cairn outlines major Senegal exploration plan

May 11, 2015

UK-based explorer Cairn Energy is ramping up its exploration and appraisal work offshore Senegal following the firm’s two major discoveries in the country made last year.  Cairn is planning a “very ambitious” three-year evaluation plan…

AGR, SP Offshore enter MoU

May 07, 2015

AGR and SP Offshore Energy Services signed a memorandum of understanding (MoU) under which AGR will provide a range of exploration services and the drilling of an ultra deepwater (UDW) well off the Comoros Islands, between Mozambique and the Comoros…

Gazprom, PetroVietnam to drill off Vietnam

May 07, 2015

Gazprom and PetroVietnam entered into agreements to explore offshore Vietnam later this year, marking the first deepwater well in the area with a depth exceeding 1600m. Gazprom, PetroVietnam signing agreements…

OTC15: Jack/St. Malo sets the trend

May 07, 2015

The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…

OTC15: China emerging

May 06, 2015

At an industry breakfast organized by OTC and the US Department of Commerce, experts said China was chosen as topic of discussion because of its emerging oil and gas business investment opportunities. OTC…

Erin Energy begins Oyo-8 production

May 04, 2015

Houston-based Africa focused Erin Energy Corp. began production from the Oyo-8 well offshore Nigeria. Oyo-8 flare. Image from Erin Energy. Oyo-8 is located in OML 120 in 1000ft of water…

OTC15: Petrobras highlights pre-salt technologies

May 01, 2015

At the 2015 Offshore Technology Conference (OTC), Petrobras will receive the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions – the highest recognition that an oil company can receive as an offshore operator…

Chariot gets Mauritania extension

May 01, 2015

Chariot Oil & Gas and partners secured a one-year extension on its current exploration phase of the C-19 license offshore Mauritania, North Africa. Map from Chariot.  As part of the extension…

Technology-led exploration success

May 01, 2015

For Shell, exploration isn’t just about the seismic, it’s about joining up the petabytes’ worth of seismic dots between its global team of experts. Meg Chesshyre reports. Subsurface imaging, but…

Border bust-up won’t stop TEN

May 01, 2015

John Bradbury profiles Tullow Oil’s major TEN development offshore Ghana, its second development in the area following its success at the deepwater Jubilee field. TEN project location offshore Ghana…

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