ConocoPhillips is plugging and abandoning the Kamoxi-1 exploration well as a dry hole after drilling to a total depth of 22,660ft, offshore Angola. Kwanza basin activity. From Deloitte Petroview Kamoxi…
GeoPartners, in partnership with Seabird Exploration Multi-Client and DownUnder GeoSolutions, has announced a new multiclient 2D (MC2D) seismic project in the Frontier UK Rockall Basin offshore the north west coast of Scotland. The Rockall…
The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
Oil and gas exploration efforts around the Falkland Islands are set to ramp up next year after rig contracts were agreed. Ocean Rig's deepwater, harsh environment semisubmersible drilling rig Eirik Raude (pictured) has been signed up…
CGG has started acquiring a large BroadSeisT 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin, offshore Brazil. The project has received high prefunding from major industry players. The Espirito Santo Phase III survey will cover more than 9500sq km…
New Zealand's Minister of Energy and Resources Simon Bridges announced the country's third block offering. Up for grabs is a total of 405,000sq km, including both on and offshore acreage. Offshore release areas include the Reinga-Northland Basin…
On 20 Feb, oil production in fields operated by Petrobras in the Santos and Campos Basin pre-salt accumulations rose to 407,000bpd, a record daily output. It has taken eight years to achieve this level of output since initial discovery in 2006…
Oil and Natural Gas Corp. (ONGC) will invest US$9 billion to bring into production several oil and gas discoveries in the Krishna-Godavari basin off India’s east coast. The investment is expected to be complete by 2017-2018.The company has made 11 discoveries in Block KG-DWN-98/2…
India's Oil & Natural Gas Corp. (ONGC) announced three offshore and one onshore discovery during Q1 of its fiscal year 2013-2014, which ended 30 June, and one additional onshore discovery in August 2013 (Q2). Offshore: New prospect discovery: exploratory well KGOSN041NANL-2…
Reliance Industries Ltd. (RIL) and partner BP, have discovered gas and condensate in the KG D6 block in the Krishna-Godavari field off the eastern coast of India. The KGD6-MJ1 well was drilled in a water depth of 1024 m, and a total depth of 4509 m…
BP & RIL plan US$5 billion investment on KGD6KG D6 onshore facilities (Image: Niko Resources Ltd.)Reliance Industries Ltd. (RIL) and KG D6 block partner BP plan to invest US$5 billion in the deepwater gas development over the next three to five years…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
Map of offshore block KG-DWN-2004/6 Inpex will return to India for the first time since 2008 after acquiring 26% interest in Oil and Natural Gas Corp (ONGC)'s deepwater play in the Bay of Bengal, the company announced on 5 November 2012…
Integrating several imaging and modeling technologies can reduce exploration risk. Ian Bryant (Schlumberger) and Paul Xu (formerly of Ipex) present an integrated basin and petroleum system study that predicted many oil and gas accumulations in a relatively unexplored region offshore Brazil…
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