Exploration News

 

EnQuest confirms Eagle discovery

Jul 01, 2016

UK independent EnQuest has confirmed a discovery on the Eagle exploration well in the Greater Kittiwake area in the North Sea.  Assessment of the results is underway and preliminary analysis indicates Fulmar oil bearing reservoir was…

ExxonMobil's Liza holds up to 1.4 billion boe

Jun 30, 2016

New drilling results at ExxonMobil’s Liza discovery offshore Guyana are revealing the potential of recoverable resources to be up to 1.4 billion boe. Image from Exxon Twitter. The…

Quadrant to drill Driftwood-1 off Australia

Jun 30, 2016

Quadrant Energy has decided to change its drilling plans in the Carnarvon Basin offshore Western Australia.  The firm had proposed to drill the Palmerston-1 well. After a technical evaluations and engagement with the regulator, Quadrant now plans to drill the Driftwood-1 well…

Skipper well to start mid-late July

Jun 30, 2016

UK-based explorer Independent Oil and Gas (IOG) expects to take Transocean's Sedco 704 semisubmersible drilling rig on contract and start drilling an appraisal well on the Skipper oil discovery in the second half of July 2016.   Skipper…

Statoil to drill with Songa Delta after recent suspension

Jun 29, 2016

Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill a wildcat well in the Njord field with the Songa Delta semisubmersible, a rig that the Norwegian supermajor suspended with Songa Offshore just last week…

Energean picks up Montenegran "sweet spot"

Jun 29, 2016

Greek explorer Energean Oil & Gas has reached an agreement  with the Ministry of Economy of Montenegro upon Hydrocarbons Exploration and Production for offshore blocks 4219-26 and 4218-30. The proposed concession contract, joint operating…

JX Nippon gears up for Malaysia drilling campaign

Jun 28, 2016

Japan's JX Nippon Oil & Gas Exploration (Malaysia) is gearing up to drill three wells offshore Malaysia after agreeing a contract for the rig for the campaign.  JX Nippon is to hire the semi-tender drilling rig SKD Berani from a SapuraKencana Petroleum subsidiary…

Nordic Energy wants to wind up

Jun 23, 2016

UK-based small cap player Nordic has Energy has announced it is looking to wind up the company. The firm has instructed accountants Turpin Barker Armstrong to lead the insolvency proceedings.   The Company listed on the ISDX Growth…

Shell resumes Canada drilling after riser drop

Jun 23, 2016

Shell has been cleared to resume drilling offshore Canada following a review to its procedures after an incident saw a 2km riser section drop to the seafloor.  Shell was drilling the Cheshire L-97 well, in about 2000m water depth, in the Shelburne basin…

Statoil suspends use of Songa Delta

Jun 21, 2016

Norwegian oil major Statoil is suspending its contract for use of the Songa Delta semisubmersible drilling rig after completion of its current drilling operation. The unit is currently drilling the Slemmestad well in the Norwegian North Sea…

Faroe targets Brasse probe

Jun 21, 2016

The Norwegian Petroleum Directorate has granted Faroe Petroleum a drilling permit for a side track appraisal well on the Brasse discovery in the Norwegian North Sea. Well 31/7-1 A side track will be drilled using the Transocean Arctic drilling facility in production license 740…

Triangle buys into Cliff Head

Jun 20, 2016

Triangle Energy entered into a deal with AWE Ltd. for 57.5% stake in the Cliff Head oil field, in the offshore Perth Basin, Western Australia. The Cliff Head oil field is located 10km off the coast of Western Australia at a water depth of 15-20m…

Quadrant spuds Outtrim East-1

Jun 20, 2016

Quadrant Energy has started drilling at the Outtrim East-1 well in the North West Shelf of Western Australia, according to partner Carnarvon Petroleum.  Using the Noble Tom Prosser jackup, Quadrant will explore additional hydrocarbon…

Det norske to drill Rovarkula

Jun 17, 2016

Norway's Det norske, which is due to become Aker BP, is set to drill an exploration on the Rovarkula prospect in the Norwegian sector of the central North Sea. The 25/10-15 S wildcat well will be drilled from the Maersk Interceptor jackup…

Otto gains Philippines moratorium

Jun 17, 2016

Otto Energy and partner Red Emperor received approval from the Philippines Department of Energy for a two-year moratorium on required work activity under Service Contract 55, offshore the Philippines following failed attempts to find commercial discovery at Hawkeye…

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