Exploration News


ENI increases Mozambique estimates

Apr 24, 2013

Mamba South 3 was drilled in water depth of 1,571 meters and reached a total depth of 4,948 meters. The well is located approximately 6 kilometers North of Mamba South 1, 12  kilometers north west of Mamba South 2 and approximately 50 kilometers off the Cabo Delgado coast…

Dry Lupin well for Statoil

Apr 24, 2013

Statoil Petroleum AS, operator of production licence 360, is about to complete drilling of wildcat well 16/8-3 S (Lupin prospect). The well was drilled about 40 kilometres east of the Sleipner Øst field and 60 kilometres south of the…

Premier finds oil at Bonneville

Apr 23, 2013

Premier Oil has announced success on an exploration well and side track on its North Sea Bonneville prospect. Bonneville, 4km south of the Burgman discovery in the Catcher area licence in the central North Sea, found oil on well 28/9a-6 and its side track…

Exxon starts Dunquin drilling

Apr 23, 2013

ExxonMobil has started drilling on the Dunquin prospect offshore the west coast of Ireland, partners in the licence said this morning.  Drilling operations are expected to take several months to complete using the Eirik Raude semi-submersible drilling unit…

Off Madagascar, Sterling Energy farming out DW blocks

Apr 22, 2013

Sterling Energy has annnounced in its Interim Management Statement for the period beginning 1 January 2013 that it has started a farmout process for the Ampasindava and Ambilobe deepwater blocks offshore Madagascar. The Ampasindava and Ambilobe blocks are highly prospective blocks located…

Baker Hughes on hydrate test well

Apr 22, 2013

Baker Hughes announced that it participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013.The test was conducted from a drill ship for the Japan Oil, Gas and Metals National Corporation (JOGMEC) in the Nankai Trough…

Firms qualified to bid for offshore Lebanon blocks

Apr 19, 2013

Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round.  Of 54 companies applying to take part, 46 have been approved to bid in the round…

Petroceltic and Edison pick up Egypt acreage

Apr 19, 2013

Petroceltic International the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions is pleased to announce its participation in a joint venture with Edison International Spa which was the successful bidder for two blocks…

Statoil announces new find near Gullfaks

Apr 19, 2013

Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…

Kosmos in offshore Ireland swoop

Apr 18, 2013

Kosmos Energy announced today that it has entered into two farm-in agreements, whereby Kosmos is acquiring an interest in multiple blocks in the prospective Porcupine Basin, offshore the west coast of Ireland. Porcupine Map (Image…

Rosneft, Marubeni sign E&P pact

Apr 18, 2013

Rosneft and Marubeni Corp. signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields on April 17, 2013 The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board…

Long winter mutes North Sea activity

Apr 18, 2013

The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…

Bluewater signs up Seadrill's West Neptune

Apr 16, 2013

Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico.   The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates…

Get ready for a new phase of West African development

Apr 16, 2013

Exploration is expanding from West Africa’s Sierra Leone to Namibia, explains Bruce Nichols, led by sustained high oil prices, improving technology, relative political stability and a more supportive operating environment. Cobalt’s potentially…

MOPU for West Seahorse field, Australia

Apr 16, 2013

3D Oil and partner Hibiscus Petroleum Berhad have decided on the use of a leased Mobile Offshore Production Unit (MOPU) to develop their West Seahorse oil field in VIC/P57, offshore Victoria. Front End Engineering Design (FEED) for the…

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