Far News

 

Spirit Energy Raises Production at Chiswick

Oct 29, 2019

Spirit Energy has raised production from one of its North Sea fields following a £68.5 million ($88.3 million) drilling campaign, the UK based independent announced on Tuesday.First gas from a new well at Spirit Energy’s Chiswick field in the…

FAR Says Gambia Blocks Could Hold 1.2 Bln Bbls

Oct 24, 2019

Africa-focused oil and gas explorer FAR Ltd said on Thursday that its two offshore blocks in the Gambia could potentially hold 1.2 billion barrels of oil.FAR, which operates and owns 50% of the two offshore licences, said it was entitled to…

Petrobras Extends Solstad Vessels Contract

Sep 16, 2019

Norwegian offshore vessel owning giant Solstad Offshore ASA has  bagged contract extensions for two of its anchor handling support vessels for Petrobras in Brazil.'Petrobras has declared their options to extend the contracts for the two AHTS´s Far Scout and Far Santana with 1 year…

Faroe to Plug and Abandon Cassidy Exploration Well

Dec 27, 2018

Independent oil and gas company Faroe Petroleum announced the Cassidy exploration well in the Norwegian North Sea will be plugged and abandoned following 'disappointing' results.The well 8/10-7S within the PL405 Oda licence encountered 13 meters of water bearing Jurassic Ula formation sandstones…

Ocean Yield in Standstill Pact with Solstad Offshore

Dec 20, 2018

Norway-based company engaged in the investment in vessels within oil-service and industrial shipping Ocean Yield ASA has entered into a standstill agreement with Solstad Offshore for two anchor handlers built in 2013, the Far Senator and Far Statesman…

FAR Starts Senegal FEED

Dec 16, 2018

Africa focussed Australian oil and gas FAR Limited has begun front-end engineering design (FEED) activities for phase-one development of its SNE oil field offshore Senegal.The FEED will aim to finalise budget, schedule and technical definition…

FAR Drills First Gambia Well

Oct 24, 2018

Oil and gas company FAR Limited has started drilling the Samo-1 exploration well in block A2, offshore The Gambia.The Stena Drillmax arrived on site on Sunday, 21 October and after standard pre-drill operations, the well was successfully spudded…

FAR eyes 1.1 billion barrels in The Gambia

Nov 21, 2017

West Africa focused explorer FAR says it has identified 1.1 billion barrels of resources in its two blocks offshore The Gambia.  The blocks A2 and A5 contain combined estimated prospective resources of 1.1 billion barrels (unrisked, best estimate…

FAR seals Guinea-Bissau deal

Aug 25, 2017

FAR Ltd. has received official confirmation from the government of Guinea-Bissau for the increase of its stake in the Sinapa and Esperanca licenses, which includes an extension, and the drilling of at least one well in each block. Map of Sinapa…

FAR Gambia farm-out approved

Jul 05, 2017

Erin Energy’s farm-out agreement with FAR Ltd. for Blocks A2 and A5 offshore The Gambia in West Africa has been approved by The Gambia’s government. Source: FAR Ltd. Under the agreement,…

Woodside fires back at Far over Senegal claim

Jun 21, 2017

The spar between Woodside Petroleum and Far Ltd. continues, as Woodside says arbitration proceedings filed by Far have no merit. Woodside CEO Peter Coleman. Woodside backed up…

Far files Senegal arbitration

Jun 20, 2017

Map of Senegal acreage, from Far. Far Ltd. made a request today (20 June) to the International Chamber of Commerce in Paris to start arbitration proceedings to resolve the current…

Woodside, Far in SNE squabble

Jun 08, 2017

Woodside Petroleum is accusing Far Ltd. of not supporting its arrangement to undertake development work at the SNE oil field offshore Senegal, however Far has responded fairly quickly, disputing Woodside’s claim. Map of SNE…

Cairn spuds FAN South-1

May 26, 2017

Cairn Energy and the Senegal joint venture have spudded the FAN South-1 exploration well into the South Fan prospect, according to partner FAR Ltd. Map of FAN South-1, from FAR. The…

Cairn, FAR to drill FAN South-1

Apr 26, 2017

FAR Ltd. and the Senegal joint venture are drilling the FAN South-1 exploration well into the Southern FAN prospect in the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 and SNE-1 in 2014. Map…

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