Exploration News

 

Ophir to drill off Ivory Coast in May

Jan 12, 2017

UK-listed independent Ophir Energy says preparations for drilling to restart on the deepwater Ayame-1 oil exploration well offshore Ivory Coast, Africa, are at an advanced stage.  The well is expected to spud in late May and is targeting about 240 MMbbl Pmean recoverable resources…

Eni spuds Boné probe

Jan 12, 2017

Eni has started drilling on the Boné (Dazzler) exploration well 7318/12-1 in the Norwegian Barents Sea.  Boné, being drilled using the Scarabeo 8 semisubmersible drilling rig is in a similar structural setting to the Johan Castberg discovery…

Columbus plan targeted for this year

Jan 10, 2017

UK Independent Serica Energy is targeting a development plan for the long-dormant North Sea Columbus field this year, the firm said today. Serica is also firming up plans to drill its Rowallan prospect in North Sea block 22/18c in 2018…

Plexus confident in rise in exploration activity

Jan 09, 2017

Wellhead engineering firm Plexus Holdings says it is confident exploration activity will soon pick up from today's historic lows, after signing a four-year framework agreement with Centrica Norway.   Under the agreement, Aberdeen-based…

Eni snaps up Morocco deep offshore permits

Jan 09, 2017

Eni has completed a deal to take over operatorship of the Rabat Deep Offshore permits I-VI, offshore Morocco, with plans to drill on the acreage in 2018, following approval of a deal by the license partners. The deal, with UK-based independent Chariot Oil & Gas…

Eni spuds offshore Libya well

Jan 06, 2017

Eni has spudded an exploration well in Contract Area D offshore Libya, according to the country's national oil firm. The well, B1-16/3, will be drilled in 518ft (156m) water depth and it is about 140km northwest of Tripoli and 5km north of the Bahr Essalam gas field…

W&T strikes extra pay at Mahogany

Jan 06, 2017

Houston-headquartered W&T Offshore is looking to make its US Gulf of Mexico Mahogany field the cornerstone of its 2017 investment program after hitting oil across five zones in a new appraisal well. The Mahogany field, discovered in 1993…

Cobalt hits at North Platte appraisal

Jan 04, 2017

Houston’s Cobalt International Energy encountered “encouraging” results at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, and is preparing for a geologic sidetrack for further analyzation. Image of the Rowan Reliance…

Statoil: 2017 drilling to increase 30%

Jan 04, 2017

Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…

Schlumberger inks Hyperdynamics Guinea drilling work

Jan 03, 2017

Hyperdynamics Corp. has entered into a US$4.5 million master service agreement (MSA) with oilfield services giant Schlumberger to provide drilling services for the Fatala-1 deepwater exploration well planned for Q2 2017, offshore the Republic of Guinea…

The show must go on

Jan 01, 2017

Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…

Egypt, oil majors enter exploration deals

Dec 28, 2016

Egypt’s Oil Ministry has signed three oil and gas exploration agreements in the Mediterranean Sea worth an estimated US$220 million, according to news reports.  Image from Eni. The deals are with supermajor BP…

Delek buys majority stake in Faroe

Dec 28, 2016

Delek Group completed its deal with Dana Petroleum to gain 13.18% of Faroe Petroleum, expanding the Israeli firm’s North Sea footprint, and making it the majority holder in Faroe. Map of Faroe assets…

Statoil to drill Mim with Deepsea Bergen

Dec 28, 2016

Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill exploration well 6507/3-12 on the Mim prospect in the Norwegian Sea. Statoil is the operator for production licence 159B in block 6507/3 in the Norwegian Sea west of Sandnessjøen…

Eni inks Egypt concession duo

Dec 27, 2016

Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round. Eni is the operator of the North El Hammad block with 37…

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