Australia’s Pura Vida has agreed a farm-in deal giving it a 50% stake in the Ambilobe area office Madagascar, east Africa. The firm has also finalized a farm-out deal offshore Morocco. Pura Vida will take a 50% stake in the Ambilobe block…
A partnership between companies is a lot like a marriage: some are good, some are strained. That was the tenor of a Wednesday morning panel discussing perspectives on E&P in the South Atlantic that included operators Petrobras, Total, Shell…
Cobalt International Energy has made two discoveries at its Lontra #1 and Mavinga #1 deepwater Pre-salt exploratory wells offshore Angola. On Block 20, the Lontra #1 well confirmed an oil and gas discovery. Further evaluation, including a drill stem test…
A framework agreement to supply drilling, wells and petroleum technology resources has been awarded to OPC by Statoil ASA. Starting in January 2014, the five year contract runs until 2018, and has options to extend until 2023. The…
A wildcat well drilled 5km northwest of the recent Wisting Central oil discovery in the Barents Sea has been classified as dry, says the Norwegian Petroleum Directorate. The latest well, 7324/7-1 S, known as Wisting Alternative, is in production…
Wintershall Norge AS completed drilling wildcat wells 16/1-19 S and 16/1-20 A in production licence 457 about 2.5km from appraisal wells 16/1-16 and 16/1-16 A at the Ivar Aasen field in the Norwegian North Sea. The primary target for…
Europa Oil & Gas says a 1500sq km 3D seismic acquisition program on Frontier Exploration Licences (FELs) 2/13 and 3/13 in the South Porcupine basin, offshore Ireland, using the MV Polarcus Amani, has completed. Kosmos Energy Ireland…
High-quality technology and proper backing investments are keys to “[allowing] Mexico to continue as one of the main hydrocarbon producers of the world,” said Jose Antonio Escalera-Alcocer, deputy director of exploration for Pemex Exploration…
Salamander Energy plc announced the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, less than one mi northeast of the recent Surin oil discovery…
Dwarfed by the majors and super majors, the impact of the small independent oil company on global exploration and production activity is often overlooked. But, these companies are driving increased production in mature provinces such as the UK Continental Shelf (UKCS)…
Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…
Latest drilling on the Pweza-2 discovery offshore Tanzania has confirmed resource estimates, according to partner Ophir Energy. Appraisal drilling was completed on Pweza-2 in Block 4, 2km to the south of the Pweza-1 discovery, using the DeepSea Metro 1 drillship…
Schlumberger acquired Gushor Inc., a Canadian-based petroleum geochemistry and fluid analysis company that provides production and exploration solutions in the heavy oil and oil sand (HOOS) industry. Formed in 2006, Gushor specializes in the integration of geology…
Salamander Energy plc began its six-well exploration program in block G4/50, Gulf of Thailand. The first well, G4/50-4, was spudded at the end of June. It is being drilled on the Rayong prospect in the northeast section of the block in the central Kra sub-basin…
China National Offshore Oil Corp. (CNOOC) signed a PSC with PetroBroad Copower Ltd. for block 28/03 in the Pearl River Mouth Basin. Block 28/03 covers 68sq km with 95m water depth. PetroBroad will acquire 3D seismic surveys and drill exploration wells during the exploration period…
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