Exploration News

 

Lundin spuds Lindaormen probe

Oct 30, 2014

Lundin Petroleum has started drilling exploration well 6405/12-1 in production license 584 on the Lindarormen prospect. Lindarormen is about 150km northwest of Kristiansund on the Norwegian coast and about 80km northeast of the Ormen Lange field…

Cairn's second Senegal well underway

Oct 30, 2014

Cairn Energy's second planned exploration well offshore Senegal is underway, the firm said today (30 October).  The SNE-1 probe on the Sangomar Deep Block follows Cairn's successful FAN-1 well, on the same block, which struck oil early…

Shell seeks arctic extension

Oct 30, 2014

Shell has asked the Obama administration for five more years to explore for oil off Alaska’s coast, saying set backs and legal delays may push the start of drilling past the 2017 expiration of some leases. In a letter to the Interior…

Eni makes 1bn Congo oil find

Oct 30, 2014

Eni has made a light oil discovery estimated to contain about 1billion boe in place in the Minsala Marine exploration prospect in shallow waters offshore Congo.  The discovery, in the Marine XII Block, about 35km from shore and 12km from the recent Nené Marine discovery…

Eni departs Heron

Oct 29, 2014

Eni's Australian subsidiary decided to shed its stake in the Heron area off Northern Australia after opting out of plans to drill a second well inside permit area NT/P68. The Italian explorer also elected to hold its current 50% share in the Blackwood area…

CGG’s StagSeis growing in GoM

Oct 29, 2014

CGG received another major commitment to its Gulf of Mexico StagSeis multi-client program with the prefunding of the entire 871-offshore-block program by an international E&P company.  StagSeis is a CGG multi-client solution that combines…

Repsol hits big at GoM León well

Oct 29, 2014

Repsol encountered high quality oil at the ultra deepwater well León, in the Keathley Canyon 642 block located in the US Gulf of Mexico. Map from Repsol.   At León, located 352km from the Louisiana coast…

Exxon, OMV Petrom spud Romanian well

Oct 28, 2014

ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…

GlobalData: Kenya investment on the rise

Oct 28, 2014

Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…

DNV GL discusses Arctic challenges

Oct 28, 2014

Major oil and gas companies have several challenges to face when it comes to operating in the Arctic. Won Ho Lee and Piotr Szalewski, both DNV GL principal engineers, discussed some of these challenges at the company’s annual Technology Week last month…

BP, CGG to develop marine seismic technology

Oct 28, 2014

BP and CGG entered into an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology…

Pemex, Chevron team up

Oct 27, 2014

Petroleos Mexicanos (Pemex) and Chevron entered into a memorandum of understanding (MOU) intent on increasing cooperation in areas such as deepwater, heavy oil and mature fields. The preliminary deal also covers collaboration on natural gas…

AAPG, SEG announce joint venture

Oct 27, 2014

The American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG) announced a joint venture to co-present oil and gas events around the world to provide their members and the oil and gas global industry…

COMESA, Paradigm partner in seismic data processing center

Oct 27, 2014

Mexico seismic services company COMESA selected Paradigm as a strategic partner for its new seismic data processing center. Through the use of Paradigm software solutions for seismic processing and imaging, subsurface modeling and reservoir characterization…

Lundin plugs dry Gobi-1 well

Oct 27, 2014

Drilling has completed on Lundin Petroleum's Gobi-1 wildcat in the Gurita production sharing contract (PSC), located off Indonesia in the Natuna Sea’s West Natuna basin. The prospect is being plugged and abandoned after failing to find hydrocarbons…

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