Exploration News

 

Europa gains Kosmos Irish acreage

Jun 13, 2016

The Irish Minister of Energy has granted consent to Europa Oil & Gas for the transfer of interest in and operatorship of, Frontier (FEL) 2/13 and 3/13 from Kosmos Energy Ireland. Europa now has 100% interest in, and is operator of seven licenses in the Atlantic basins offshore Ireland…

Pemex offers deepwater Trion farmout

Jun 13, 2016

Mexican state oil company Petróleos Mexicanos (Pemex) has chosen its first-ever farmout deal by offering stake in its Trion deepwater field, in the Gulf of Mexico near the US border. Image of Gonzalez Anaya…

Statoil spuds Slemmestad

Jun 13, 2016

Statoil spudded exploration well 30/11-14 Slemmestad in the North Sea last week, according to the Norwegian Petroleum Directorate. The Slemmestad well is located in PL 272/PL 035 some 20km south of the Oseberg field and approximately…

Statoil in double Bay du Nord discovery

Jun 10, 2016

Statoil made two oil discoveries in the Bay du Nord area during its 19-month exploration drilling program offshore Newfoundland, which the company is estimating the finds to possibly be in the lower end of the anticipated volume range. Map…

Lundin to drill Alta appraisal with Leiv Eiriksson

Jun 10, 2016

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for appraisal well 7220/11-3 AR on its Alta discovery in the Barents Sea. The well will be drilled from the Leiv Eiriksson in production license PL 609…

EnerGulf enters six-prospect GoM LOI

Jun 09, 2016

Vancouver-based EnerGulf Resources entered into a letter of intent (LOI) with Houston-based Texas South Energy, to participate in six offshore Gulf of Mexico (GoM) prospects owned and operated by GulfSlope Energy. GoM operations…

First call for Mexico's Round 2 set for July

Jun 09, 2016

The first call for Mexico’s Round 2.1, consisting of 15 shallow water blocks, is anticipated to be released before the end of July, the country’s Secretary of Energy confirmed in Monterrey. The…

Saipem nets Norway, Portugal drilling contracts

Jun 09, 2016

Saipem has been awarded new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a cumulative value of approximately Euro 150 million (US$170.48 million). Eni…

Small discovery in Krafla area, Norway

Jun 09, 2016

Statoil has made a minor gas/condensate discovery near the Krafla discovery in the Norwegian sector of the North Sea, according to the Norwegian Petroleum Directorate. The discovery was made on the Beerenberg prospect well 30/11-13, on production license 272…

AGR joins new Norwegian oufit's undeveloped fields bid

Jun 08, 2016

Oilfield service firm AGR has agreed a framework agreement with recently founded Norwegian oil development firm Okea. Okea was founded in Trondheim in 2015 with the aim of finding cost effective development and operation systems for currently…

Hurricane halts farmout discussions

Jun 08, 2016

UK-based fractured basement explorer Hurricane Energy has suspended farm-outs talks on its west of Shetland Lancaster project after raising enough financing to do its latest appraisal work itself. The firm raised £52.1 million in May…

Skipper well back on, with alternative financing

Jun 07, 2016

Independent Oil and Gas is finally set to drill its delayed appraisal well on the Skipper discovery in the Northern North Sea next month using Transocean's Sedco 704 semisubmersible drilling rig.  The vertical well will be drilled to…

Inpex spuds well offshore Japan

Jun 07, 2016

Japanese explorer Inpex has started exploration well drilling offshore Shimane and Yamaguchi prefectures, Japan. The well is being drilled as part of a project commissioned by Japan's Agency of Natural Resources and Energy of the Ministry of Economy…

Equatorial Guinea launches EG Ronda 2016

Jun 06, 2016

Equatorial Guinea’s Ministry of Mines, Industry and Energy (MMIE) has launched the country’s latest licensing round, EG Ronda 2016, that offers 32 blocks offshore West Africa. Image of Minister of Mines…

Updated: Ireland awards 14 licenses in 2nd phase

Jun 03, 2016

Fourteen new licensing options have been granted to 11 companies in Ireland’s second phase of the 2015 Atlantic Margin Licensing Round, which has received the largest response in Ireland’s offshore history.   Of the 11 companies…

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