Exploration News

 

Renco to spud Indonesian well

Dec 02, 2016

Renco Elang Energy is set to spud the Amanah Timur-1 exploration well in the South Block A PSC, in the North Sumatra basin of Indonesia. Assuming satisfactory rig inspection by government officials, the well is currently scheduled to spud on 5 December…

2016’s Top Finds

Dec 01, 2016

Elaine Maslin reports on the year’s top discoveries to date. The largest discoveries were smaller in 2016, but the average ranged between 396-524 MMboe. Atwood Oceanic’s Atwood Achiever drillship…

Troubling trends

Dec 01, 2016

For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood’s Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk…

Wireless wells 

Dec 01, 2016

For the first time, wireless technology has been used downhole on a subsea well. John Sheehan speaks with FMC Technologies to learn more. Communicating beneath the waves.  Images from FMC Technologies…

Mexico reveals prequalified bidders for deepwater round

Nov 29, 2016

Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…

BP acquires Nexen, Statoil exploration stakes

Nov 28, 2016

BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells planned on each mid-2017.  The move comes just days…

Cairn contracts Stena DrillMAX for SNE appraisal

Nov 25, 2016

Cairn Energy and its partners have contracted a rig to drill two appraisal wells on the world class SNE oil field offshore Senegal in 2017. The wells - SNE-5 and SNE-5 - will be drilled using the Stena DrillMAX drillship, starting Q1…

Lukoil strikes Caspian Sea pay

Nov 23, 2016

Lukoil has struck more pay at its third well in the Vladimir Filanovsky field in the shallow waters of the Caspian Sea. The LSP-1, from Lukoil. The horizontal section of the well is 1217m long…

Exxon, COPL make Liberia comeback

Nov 23, 2016

After a long awaited return to Liberia, ExxonMobil started drilling at the deepwater Mesurado-1 exploration well earlier this week, according to partner Canadian Overseas Petroleum Ltd. (COPL). Map of Liberia…

Africa Petroleum loses Liberia licenses

Nov 23, 2016

West Africa focused independent African Petroleum is to drop its production sharing contracts for blocks LB-08 and LB-09 after they expired. The PSCs formally expired in June 2016 and since then the firm has been in discussions with Liberian authorities over a possible extension…

Castex gets successful Hummer test

Nov 22, 2016

Castex Offshore had a successful flow testing of its Main Pass Hummer discovery well, offshore Louisiana, according to partner Petsec Energy. Flow rates were measured at restricted rates on variable choke sizes over the last three hours…

Okea picks Ridge for well management

Nov 22, 2016

Norwegian private equity backed independent Okea has awarded a frame agreement to Ridge for well management services. Under the contract, Ridge will provide personnel and services to manage offshore well design, construction and operation for Okea…

Barents Sea exploration success for Lundin

Nov 22, 2016

Sweden's Lundin has made a ca. 25-60 MMboe oil and gas discovery on the Loppa High, 20km east of the Johan Castberg discovery in the Norwegian Barents Sea.  The well, 7220/6-2 R, was drilled on the Neiden prospect in production license 609…

Colombian exploration to heat up in 2017

Nov 19, 2016

After forming its own offshore-focused offshoot this January, Colombian state oil company Ecopetrol noted in its Q3 conference call that it intends to stabilize its production with a more 'aggressive' exploration drilling program slated for 2017…

Exxon's Liza confirmed as commercial

Nov 17, 2016

ExxonMobil is fast-tracking its Stabroek Block project where its giant Liza discovery lies, as the supermajor officially gave notice of the area’s commercial oil find to Guyana’s government yesterday (16 November), according the country’s Government Ministry of National Resources…

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