The new year began with a new government in Brazil and a new management controlling the national oil and gas company Petróleo Brasileiro. There are changes on the horizon for the company commonly known as Petrobras, but its new president Roberto…
The massive Libra pre-salt area, which was originally believed to contain at least volumes of between 8 billion and 12 billion boe, started production at the end of 2017. Located within the Santos Basin, over 200 kilometers off the coast of Rio de Janeiro…
Australian producer Santos announced Tuesday that it has achieved first oil from the Van Gogh infill project, marking the completion of a two-well program to increase production from the field.The Santos-operated Van Gogh field is one of three…
Australia's Santos is planning to drill the Paus Biru-1 exploration well on the Sampang production sharing contract offshore Indonesia, says partner Cue Energy Resources. Paus Biru is 27km east from the producing Oyong gas field. The…
Australia's Santos has agreed to partly fund and lead a new 3D seismic survey over the beehive prospect in Australia's Bonaparte Basin in return for an up to 80% farm-in option in the permit. Santos calls Beehive, which sits on the WA-488-P permit…
CGG has completed an extension of its Santos VII broadband 3D multi-client survey offshore Brazil. The 1867sq km extension to the original footprint gives CGG a total of almost 16,000sq km of newly acquired and imaged pre-salt coverage. The…
Oil production from the Oyong field offshore East Java, Indonesia, ceased in June as part of the Sampang Sustainability Project, according to partner Cue Energy. As part of the project, the field’s production has been switched to natural gas only…
ConocoPhillips is planning production testing on its latest Barossa field appraisal wells in the Bonaparte Basin, offshore Australia's Northern Territory, to support field development planning. According to partner Santos, positive results…
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies…
Santos is making its exit offshore Victoria after entering a deal with Cooper Energy to sell its South Australian natural gas assets for US$62.5 million (AU$82 million). Image from Santos. The…
Santos has achieved an averaged stabilized flow rate of 828 bo/d, revealed in a drill stem test (DST) conducted on the G Sand reservoir at the AAL-4XST1 appraisal well in the Northwest Natuna permit area offshore Indonesia. Joint venture…
Petrobas' pre-salt production has reached 40% of all the state-oil firm's production in Brazil and 12 more systems are due online in the Santos Basin alone by 2020, the firm has said. The milestone was reached as over all pre-salt production set new highs…
Australia's Santos has completed a deal to sell its 35% non-operated interest in the Kipper gas and condensate field, in the Gippsland Basin, offshore southern Australia, to Mitsui for AU$520 million. The Kipper field, operated by ExxonMobil…
The front end engineering and design (FEED) stage of the Sole gas field and Orbost gas plant development is underway following Cooper Energy’s 50% acquisition in the project. The ASX-listed upstream firm has accessed the Sole gas field in the Gippsland basin…
Karoon Gas Australia confirmed a 213m gross oil column at its Echidna-1 well offshore Brazil. The Olinda Star. From Karoon. The exploration well is located in the Santos basin…
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