Exploration News

 

Italy shuns offshore drilling referendum

Apr 18, 2016

A referendum to drill within 12mi of the Italian coast has been sunk after failing to attract enough people to vote. A low turnout meant that the referendum, which had asked Italians if the government should stop renewing offshore drilling licenses within 12mi of the coast…

Cairn spuds latest SNE appraisal

Apr 18, 2016

Cairn Energy has spudded its latest appraisal well on the 'world-class' SNE or Shelf Edge discovery offshore Senegal using the Ocean Rig Athena drillship, says partner FAR Ltd. Last month, FAR said recent appraisal well drilling on the…

Hurricane plans two-wells on Lancaster this summer

Apr 18, 2016

UK-based independent explorer Hurricane Energy is planning two new appraisal wells on its Lancaster discovery after raising £52 million funding. The two wells, called the Lancaster 7 wells, could help Hurricane make a final investment…

Cue gains West Auz suspension approval

Apr 14, 2016

The National Offshore Petroleum Titles Administrator (NOPTA) has given its approval to Cue Energy Resources for its application to suspend its Permit Year 3 work program commitment for WA-359-P and extension of the permit term, off Western Australia…

NPD: Norwegian shelf confidence remains high

Apr 14, 2016

The Norwegian Petroleum Directorate’s (NPD) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. Image of the Johan Sverdrup…

MEO's Beehive seismic seeing positive results

Apr 14, 2016

MEO Australia is achieving positive results from the seismic reprocessing and inversion study currently underway over the Beehive prospect in WA- 488-P, off the north coast of Western Australia.  MEO said that Beehive is a potential giant…

SNE justifies "significant commercial development"

Apr 13, 2016

The 'world-class' SNE oil field offshore Senegal contains at least 560 MMbbl, justifying 'a significant commercial development,' according to a partner on the deepwater project. The increase, given by FAR following an independent assessment of the field's contingent resources…

Mubadala to spud Sri Trang-1, off Thailand

Apr 11, 2016

Mubadala Petroleum is set to commence drilling operations at the Sri Trang-1 exploration well in mid-May, offshore Thailand.  The well is approximately 18km north-northeast of the Manora oil development, in the Gulf of Thailand and within the G1/48 concession…

Mixed results on BEL-1 for Cairn

Apr 11, 2016

UK-based explorer Cairn Energy has met with mixed results on its latest exploration well offshore Senegal. The BEL-1 well, drilled in 1031m water depth to 2767m total vertical depth, was targeting the Bellatrix exploration prospect and appraising the northern extent of the SNE field…

Noble fails at Silvergate, moves to Katmai

Apr 08, 2016

Noble Energy will plug and abandon its Silvergate prospect after failing to encounter commercial hydrocarbons in the Gulf of Mexico, and will move to drill an appraisal well at its Katmai discovery.   Noble will move to drill at Katmai…

Canada, Newfoundland issue calls for bids

Apr 07, 2016

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued two calls for bids in the Eastern Newfoundland and Jeanne d’Arc Regions under the Scheduled Land Tenure Regime in the Canada-Newfoundland and Labrador Offshore Area…

Lukoil to explore two Baltic Sea fields

Apr 07, 2016

Russia’s Lukoil has been granted approval from the Russian Federation Government for hydrocarbon exploration and production in two Baltic Sea fields. Lukoil will explore the D29 and D41 oil fields, which were both discovered in 2015, using the Arktichesksaya jackup drilling rig…

OMV in Wisting Barents well success

Apr 06, 2016

OMV has successfully completed drilling and testing of the Wisting Central II appraisal well in the Barents Sea, with flow rates hitting just above 5000 boe/d. The Transocean Spitsbergen, from OMV…

Zennor spuds Finlaggan appraisal well

Apr 05, 2016

Zennor Petroleum’s subsidiary Zennor Pathway has spudded an appraisal well at its Finlaggan discovery in the Central North Sea. Well 21/5c-7, spudded on 5 April, is being drilled with Transocean Sedco 704 semisubmersible drilling rig…

Byron spuds first SM 71 well

Apr 04, 2016

Byron Energy spudded the South Marsh Island 71 #1 (SM 71 #1) well located in South Marsh Island Block 71 in the Gulf of Mexico, using the Hercules 205 jackup drilling rig this week. Current operations at the SM 71 #1 well are drilling ahead at 671ft measured depth…

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