Rakhine Basin News


High Hopes for Campos Basin

Nov 28, 2018

Although much of the hype surrounding the Brazilian oil and gas market is directed toward the Santos Basin pre-salt, recent and older pre-salt discoveries in existing areas and on recently-awarded blocks within Campos Basin offer significant…

Statoil Bags Four Blocks Offshore Brazil

Mar 30, 2018

Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects…

Woodside strikes out offshore Myanmar

Oct 19, 2017

Australian explorer Woodside's latest exploration wells offshore Myanmar were non-commercial or dry, the firm has revealed. Thalin discovery Source: Woodside The firm's Pyi Tharyar-1 well…

Searcher begins Malvinas campaign off Argentina

Sep 19, 2017

Searcher Seismic has made its entry into Argentina with four new multiclient projects. Map of Searcher's four multiclient projects off Argentina. Map from Searcher. Beginning in phases…

Searcher Seismic enters Argentina

Sep 15, 2017

Searcher Seismic has announced entry into Argentina with four new multi-client projects. Commencing in phases, the first phase comprises of an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina…

Woodside makes third Myanmar gas discovery

Aug 07, 2017

Woodside has made its third gas discovery offshore Myanmar. The Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin intersected a 65m gross gas column. A 36m net gas pay interval was interpreted within the primary target sandstone reservoir…

CGG hopes to unlock Gippsland resource

Aug 07, 2017

CGG has started its Gippsland ReGeneration 3D reprocessing project in Australia’s premier Gippsland Basin, offshore southeast Australia. The project will offer the industry the highest-resolution 3D seismic data available in what CGG calls an 'extremely prospective' area…

Woodside ups Myanmar well count

Apr 20, 2017

Woodside Petroleum has added a fifth well to its Myanmar drilling program, following successful results from the Thalin deepwater discovery. The company also revealed it has made some progress in narrowing alternative ideas for the development of Browse basin offshore Western Australia…

Transocean to scrap two, idles three rigs

Feb 10, 2017

Transocean is to scrap two idle rigs and has idled three others as contracts have been dropped, while others have been extended.  The floaters M.G. Hulme, Jr. and GSF Rig 140 were classified as held for sale. Transocean says these rigs will be recycled…

2016’s Top Finds

Dec 01, 2016

Elaine Maslin reports on the year’s top discoveries to date. The largest discoveries were smaller in 2016, but the average ranged between 396-524 MMboe. Atwood Oceanic’s Atwood Achiever drillship…

Statoil exits New Zealand Reinga basin

Oct 14, 2016

Statoil is giving up on exploring the Reinga basin offshore New Zealand, following its three-year study of the area, which has shown low probability of a discovery. Map of New Zealand, from Statoil…

CGG starts latest 3D Santos Basin shoot

Oct 05, 2016

CGG has started a large broadband 3D multi-client survey in the pre-salt area of the deep water Santos Basin, offshore Brazil. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy…

Shell readies to drill off Tanzania

Sep 15, 2016

Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy.  The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…

Woodside prepares for 2017 Myanmar drilling campaign

Aug 19, 2016

Woodside Petroleum is preparing for its Myanmar drilling campaign as soon as next year, after identifying 2.4 Tcf of gas in the area earlier this year. Coleman. Image from Woodside. “Our…

Spectrum starts Campos, Santos survey

Jul 22, 2016

Norway-based geoscience firm Spectrum started a 15,000km multi-client 2D survey offshore Brazil in the Santos and Campos Basins. The new acquisition program is an outboard extension of Spectrum's 2012 Santos Campos Phase 1 survey, and will tie other programs in the Santos…

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