Exploration News

 

Aragon water wet, says MPX

Oct 09, 2014

MPX North Sea's exploration well 9/14a-15a on the Aragon prospect in the North Sea is to be plugged and abandoned after the reservoir was found to be water bearing.  Drilling and open hole logging operations were completed on the well…

Mozambique approaching 5th licensing round

Oct 08, 2014

Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…

Ross Offshore gets Ecopetrol contract

Oct 08, 2014

Colombian national oil company Ecopetrol awarded Ross Offshore AS a well management contract in the Caribbean.   The contractconsists of total well management of Molusco 1 in RC-9, area hired with the Colombian national oil agency ANH by Ecopetrol and ONGC…

CNOOC begins drilling second Beibu well

Oct 07, 2014

CNOOC Ltd. began drilling the WZ12-10-2 well, the second and last of the two-well project in the Beibu Gulf Block 22/12, offshore China. Beibu map. From Horizon Oil. The exploration well is located 1…

Sunbird secures funding for Ibhubesi

Oct 07, 2014

Australia-based Sunbird Energy has agreed a deal to raise more than AUD$25 million to help advance its Ibhubesi Gas Project offshore South Africa. The deal involves Pan-African investment company Vandasia Investments acquiring 43.9% interest…

Cairn strikes Senegalese oil

Oct 07, 2014

UK-based Cairn Energy and its Senegalese partners have made an oil discovery, which has the potential to be a “significant standalone development”, on the deepwater FAN-1 well.  The well, drilled using the semisubmersible Cajun Express…

Efficiency on a daily basis

Oct 06, 2014

Technology is there for companies to use and take advantage of, but is it being used as much as it could be to gain insight into operations. Gregory Hale takes a look. With the digital oilfield…

Faroe takes step into Irish offshore

Oct 06, 2014

Faroe Petroleum has made its first move into the Irish offshore by picking up three new, two-year Licensing Options (14/1, 14/2 and 14/3) on the southern margin of the North Celtic Sea basin.  A work program, agreed with Irish authorities…

Centrica spuds Ivory well

Oct 06, 2014

Centrica Energy's Norwegian outfit has started drilling on the Ivory prospect in production license 528 in the Norwegian Sea, according to partners Rocksource and Atlantic Petroleum, Exploration well 6707/10-3 S is being drilled using the West Navigator drillship…

Upstream prospects stay bright for West Africa

Oct 03, 2014

N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…

West Africa: The continued story of the “Haves” and the “Have-nots”

Oct 03, 2014

Jeremy Berry examines the trend occurring off West Africa where exploration success continues to be confined to those countries that already have significant production. Fig. 1: West Africa production…

Telecommunications of the future

Oct 03, 2014

The rapid expansion of oil and gas telecommunications systems in order to facilitate the development digital oilfields in increasingly remote locations, enhance safety, and maximize data use, was the theme of a conference on oil and gas telecommunications organized by SMi Group in London…

Methane hydrate consortium launched

Oct 03, 2014

Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction.  Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…

Keeping the ‘window’ open

Oct 02, 2014

Chevron and Statoil are launching new solutions to a growing challenge in the Gulf. Bruce Nichols reports. The GE (Hydril) MaxLift pump aboard the Pacific Santa Ana drillship.  Photos: Pacific Drilling…

Despite setback, Noble returns to the Falklands

Oct 01, 2014

Noble Energy will resume exploratory drilling in the Falkland Islands next year after acquiring and reviewing extensive 3D seismic of its 10 million acre-position. In late February 2014, London-based joint venture partner Falkland Oil…

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