Archive for the ‘Reserves’ Category
The Dominican Republic’s Ministry of Energy and Mines will open its first licensing round at an event in partnership with Wood Mackenzie July 10, with an offering of 14 blocks.
Norway’s Equinor and partners Ineos E&P and Faroe Petroleum will evaluate how to further develop an oil and gas discovery made in exploration well 6507/3-13 (Snadd Outer Outer/Black Vulture), 14 km southwest of Norne field in the northern part of t…
Santos confirms Dorado’s size with appraisal well
June 6th, 2019 by Latest News
A joint venture of Santos Ltd. and Carnarvon Petroleum Ltd. has confirmed a “major” oil and gas discovery with the Dorado well, drilled in the Bedout subbasin about 160 km offshore Port Hedland, Western Australia.
UK offers 37 licenses in offshore round
June 4th, 2019 by Latest News
Thirty companies, some of them in groups, have received offers for the award of 37 licenses covering 141 blocks in the UK’s 31st offshore licensing round. The frontier areas are in the Faroe-Shetland basin, Moray Firth, East Irish Sea, East Shetland Pl…
Norway opens mature-area license round
May 29th, 2019 by Latest News
Operators interested in exploring mature areas offshore Norway may apply to the National Petroleum Directorate (NPD) for petroleum production licenses until midday Aug. 27. The Ministry of Petroleum and Energy opened the Awards in Predefined Areas (APA…
Sierra Leone reopens fourth licensing round
May 29th, 2019 by Latest News
The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners Ltd. and Getech Group PLC, announced the reopening of the fourth licensing round for offshore areas reaching from near short to ultradeep water.
Vintage farms in to Queensland Cooper basin permit
May 22nd, 2019 by Latest News
Vintage Energy Ltd., Adelaide, has agreed to farm in to a 50% interest in Sydney-based Metgasco’s Queensland exploration permit ATP 2021 in the Cooper basin. Vintage will earn its share and take over as operator by paying a substantial share of future …
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…
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…