UK-based Corallian Energy has revealed that the UK Government had looked favourably upon its plans for two offshore exploration wells.The Offshore Petroleum Regulator for Environment and Decommissioning, which sits within the Department for Business…
German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.The field, which started nine months ahead of schedule at end-2017…
ConocoPhillips announced it has concluded its 2018 winter exploration and appraisal program in Alaska.The company’s original plan was to drill five wells on the Western North Slope comprising two appraisal wells of the Willow Discovery announced in January 2017…
A 10-year low in oil discoveries in Norway in 2017 doesn’t deter an expected increase in drilling in 2018, whilst performance continues to improve in the UK with the focus switching to gas for 2018, says Westwood Global Energy's Dave Moseley…
Rosneft and partner Eni have spud the Maria-1 exploration well in the Zapadno-Chernomorskaya licence area in the Black Sea. The license is estimated to hold oil in place of over 570 million tons, Rosneft reported on 20 December. To prepare for drilling…
Germany's Wintershall has started production from the Maria subsea tieback offshore Norway a year ahead of schedule and 20% under budget. The Maria field development cost about US$1.43 billion (NOK12 billion), $358.9 million below the original budget…
Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…
Six of the offshore exploration wells that are set to drill in the UK in 2017 have an average pre-drill prospect volume of over 100 MMboe. Douglas-Westwood, through its Westwood Insight, asks if this signal a renaissance for UK exploration…
In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with exploration efficiencies starting to deliver results. The…
Germany's Wintershall says it is expecting to bring forward first oil from its Maria field development in the Norwegian Sea. Production from the subsea tieback, containing about 180 MMboe recoverable and set to cost about US1.78 billion (NOK15…
Canadian explorer Husky Energy has signed a production sharing contract (PSC) for a new exploration block offshore China. Block 16/25 is in the Pearl River Mouth Basin, about 150km southeast of Hong Kong. Husky expects to drill two exploration wells on the shallow water block during 2018…
Wintershall has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Deepsea Stavanger semisubmersible to drill six production wells on the Maria field. Wintershall Norge is the operator of the Maria field oil and gas field at Haltenbanken in the Norwegian Sea…
Kosmos Energy started the second phase of its multi-well exploration drilling program offshore Mauritania and Senegal. The Atwood Achiever drillship is now on location offshore Senegal in the Cayar Offshore Profond block and has started…
Germany’s Wintershall will use AGR’s well data management and analysis software tool iQˣ for its Maria field on the Norwegian Continental Shelf (NCS). iQˣ is designed to optimize well performance and drilling management by providing a data and knowledge management platform…
Wellhead engineering firm Plexus Holdings says it is confident exploration activity will soon pick up from today's historic lows, after signing a four-year framework agreement with Centrica Norway. Under the agreement, Aberdeen-based…
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