GulfSlope Energy and Texas South Energy have jointly executed an exclusive letter of intent (LOI) with a large international oil and gas company to drill and develop a minimum of three wildcats in the Gulf of Mexico. The deal comes with…
Schlumberger unveiled the new DELFI cognitive E&P environment at the SIS Global Forum today (13 September), which enables collaboration across exploration and production (E&P) teams and leverages the full potential of all available data and science to optimize E&P assets…
Byron Energy has signed a drilling contract with Ensco Offshore for the Ensco 68 jackup rig to drill at the company’s South Marsh Island Block 71 drilling and completion program in the Gulf of Mexico. Ensco 68 jackup…
Statoil's Verbier exploration probe in the Moray Firth has disappointed, with the well intersecting a water bearing reservoir at target depth. Partner Jersey Oil & Gas, with 18% interest in well 20/05b-13, on license P.2170 license in blocks 20/05b and 21/1d…
Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to use the Songa Equinox mobile drilling facility to drill well 31/2-S-24 AY1H on the Troll field. Songa Equinox. Image from Songa Offshore…
Azinor Catalyst has failed to encounter hydrocarbon at its well on the Partridge prospect in the North Sea, leading the company to stall its plans to drill at the Agar and Plantain prospects. Map of well 14/11a-2 in P1989…
Hyperdynamics failed to encounter hydrocarbons at its Fatala-1 well offshore the Republic of Guinea in Northwest Africa, in what the company thought was to be a “potential world-class hydrocarbon discovery.” Map from Hyperdynamics…
LLOG Exploration Co. is moving forward to develop its Buckskin project in the deepwater Gulf of Mexico, signing a deal with Seadrill for the West Neptune to begin work later this year. West Neptune…
One of the most anticipated exploration wells in Europe this year was the multi-billion barrel potential Arctic Korpfjell prospect in the Barents Sea. While the probe, completed late September, didn't prove commercial volumes, the region…
Falklands-focused explorer Rockhopper Exploration says a funding package for the Sea Lion development is progressing, with the UK's export credit agency and contractors potentially set to step in with cash. Rockhopper says the Premier…
Eni has inked the Saipem 12000 drillship for drilling the RD-1 well in the Rabat Deep Offshore license, offshore Morocco. Partner Chariot Oil & Gas says the RD-1 well will target the JP-1 prospect using the with drilling due to start in the latter part of Q1 2018…
The Norwegian Ministry of Petroleum and Energy received a record response for the Awards in Predefined Areas (APA) 2017 round, with a total of 39 companies submitting applications for new acreage on the Norwegian Continental Shelf (NCS). Map…
CNOOC has signed a production sharing contract (PSC) with South Korea's SK Innovation for Block 17/08 in the South China Sea. Block 17/08 is in the Pearl River Mouth basin, covering a total area of 466sq km with a water depth of 100-130m…
Deep Gulf Energy III (DGE III) has encountered hydrocarbon pay at the Rampart Deep well in the deepwater Gulf of Mexico, according to partner Stone Energy. Deepwater Asgard. Image from Transocean…
As SPE Offshore Europe opens its doors, petroleum economist Professor Alex Kemp gives his view on the outlook for the North Sea. Over the past three years the North Sea oil and gas industry has made a very painful adjustment to the dramatic fall in oil prices…
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