Exploration News

 

Marathon spuds Key Largo

Aug 06, 2014

Marathon Oil is due to spud an exploration well on the Key Largo prospect, on Walker Ridge Block 578, Gulf of Mexico, in Q3. It will be the first well drilled with a new-build deepwater drillship. Marathon Oil is operator and holds a 60% working interest in the prospect…

Lundin spuds Barents well

Aug 06, 2014

Lundin Petroleum has announced a successful initial appraisal campaign offshore Malaysia and the start of drilling on a new exploration well in the Barents Sea.  The Barents well is exploration well 7220/11-1 in PL609 in the Norwegian sector of the Barents Sea…

Centrica snaps up Serica stakes

Aug 05, 2014

Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…

MX Oil establishes Mexican exploration joint venture

Aug 04, 2014

Mexico-focused junior explorer MX Oil plc reported on 1 August 2014 that it has established a joint venture with Geo Estratos SA de CV, an established oil services business in Mexico, that MX describes as 'potentially transformational' for the company…

Etinde green light for Bowleven

Aug 04, 2014

Africa focused explorer Bowleven's Etinde Exploitation Authorisation (EA) has been formally signed by the President of Cameroon, paving the way for the firm to develop the Etinde area. The EA gives Bowleven and its partners, which will include SNH…

Gabon gas discovery for ENI

Aug 04, 2014

Eni made a gas and condensates discovery in the Nyonie Deep exploration prospect in block D4, about 13km from the coast of Gabon. ENI estimates initial potential in place is 500MMboe. The discovery was made in the pre-salt of Gabon through the NFW Nyonie Deep 1 well…

What will it take to develop offshore heavy oil?

Aug 01, 2014

The Mariner development concept. Images from Statoil.  The Mariner heavy oil field took 40 years, 12 oil companies, five seismic surveys, and 18 exploration/appraisal wells to get to where it is today…

Exploring the underexplored

Aug 01, 2014

The Cygnus Alpha wellhead platform during installation offshore. Photo from GDF Suez E&P. A new impetus to explore the UK North Sea could help to unlock some of the basins’ underexplored plays…

Preventing damaging vibrations for long term pipeline protection

Aug 01, 2014

The J-Lay test rig applies a 20 te vertical load via the rollers whilst pulling the product through. Image from Trelleborg Offshore. Specifying the right vortex induced vibration…

Heating for Arctic climates

Aug 01, 2014

Work on a Heinen & Hopman HVAC system.  Photo from Heinen & Hopman. Energy efficiency is high on the agenda for both Arctic exploration and in general. Elaine Maslin found out more…

Contract wins

Aug 01, 2014

The Leman compression module at HSM Offshore, Schiedam. Photos from HSM Offshore.  HSM Offshore has added new contracts to its order book, but more could be done by the industry to reduce costs and more efficiently use assets…

Intervention allies

Aug 01, 2014

Sarah Parker Musarra spoke with FTO Services’ Vidar Sten-Halvorsen to learn more about the new Island Performer intervention vessel, a product of the joint venture between FMC Technologies and Edison Chouest Offshore. The Island Constructor…

Landmark acquires Neftex

Jul 31, 2014

Halliburton’s Landmark Software and Services acquired Neftex Petroleum Consultants Ltd. Neftex is a UK-based company specializing in sequence stratigraphy-based products and consulting for subsurface risk reduction. Neftex’s consistent…

Cairn resumes drilling in Senegal

Jul 28, 2014

FAR Ltd. reported that the Cairn-operated FAN-1 exploration well resumed drilling on the North Fan prospect in 1500m water depth, offshore Senegal on 28 July. Drilling to date has reached 3000m with a planned TD of approximately 5300m using Transocean’s fifth-generation semisubmersible…

Philippines launches PECR5 bid round

Jul 25, 2014

The Philippines Department of Energy (DOE) launched the 5th Philippine Energy Contracting Round (PECR5) on 9 May 2014, and scheduled international roadshows in Texas (12-16 May 2014), Singapore (10-14 June 2014), and Turkey (14-17 September…

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