Archive for the ‘Exploration Development’ Category
Blackrock well cuts thin oil sands off UK
May 14th, 2019 by Latest News
The Blackrock exploration well 204/5b-2 in the West of Shetlands area proved the existence of intravolcanic charged reservoirs between undeveloped Cambo and Rosebank oil fields, reports Siccar Point Energy, the operator. The Diamond Ocean GreatWhite se…
WoodMac: Exploration survey shows industry optimistic amid geopolitics
May 13th, 2019 by Latest News
Wood Mackenzie said its 11th annual exploration survey shows the oil and gas industry foresees a return to profits enabling exploration of promising prospects. WoodMac surveyed 258 senior energy leaders and exploration professionals worldwide.
Woodside lets contact for Scarborough development
May 10th, 2019 by Latest News
Two subcontracts to support development of the floating production unit on Woodside Petroleum group’s proposed Scarborough gas field development on the Exmouth Plateau off Western Australia have been signed by SNC Lavalin, which will provide front-end …
Indonesia opens 2019’s second license round
May 10th, 2019 by Latest News
The government of Indonesia has opened the year’s second oil and gas licensing round, in which two of four blocks on offer were part of the earlier round, the Jakarta Post reports. Oil production has occurred on one of the blocks, West Kampar on the bo…
Eni sees more potential in Ghana strike
May 9th, 2019 by Latest News
Eni said a natural gas and condensate discovery offshore Ghana has gas and oil potential requiring further drilling.
Two blocks awarded in Indonesian round
May 9th, 2019 by Latest News
Kufpec Regional Ventures (Indonesia) Ltd. and a combine of Sonoro Energy Ltd. and PT Menara Global Energy won production-sharing contracts for two of five blocks offered in a licensing round opened by the government early this year, the Jakar…
Karoon Gas completes Peruvian farmout to Tullow Oil
May 8th, 2019 by Latest News
Karoon Gas Australia Ltd., Melbourne, has completed its farmout of a 35% participating interest in its offshore Block Z-38 Tumbes basin permit to Tullow Oil PLC. Tullow has acquired the interest in return for funding 43.75% of the cost of the first exp…
Shearwater GeoServices was let a contract to conduct a 3D seismic survey over SNE oil field offshore Senegal. The high-definition work is expected to improve reservoir definition in support of optimizing development well locations on the field. SNE joi…
Murphy Oil Corp. and partners are considering the drilling of an appraisal well of their Cholula discovery in deep water offshore Mexico as well as two exploration wells on the same Salina basin block next year.