Oyster Petroleum has entered into a farm-in agreement which will see it earn 25% interest in production licenes P.1948 in the central North Sea. License P.1948 covers blocks 29/7c, 12, 13 and 14 in the UK Central North Sea and includes the Shipley and Forwood Prospects…
CGX Energy Inc. entered into a seismic contract with Prospector PTE. Ltd. to conduct a 3116.74sq km 3D seismic survey on Demerara Block, offshore Guyana. The contract represents one of the most extensive 3D seismic studies ever conducted…
ExxonMobil and Rosneft will end drilling operations in the Kara Sea due to Western sanctions. The West Alpha ExxonMobil released a statement today (19 September), which said the supermajor will comply with all US sanctions…
Statoil will complete the drilling of the Pingvin prospect in exploration well 7319/12-1 in the Norwegian Barents Sea, says partner on the well North Energy. The well identified gas in a sandstone reservoir. The well acquired extensive data through coring…
Brazil's state-run oil company, Petroleo Brasileiro, will sign a contract to build and lease a floating production ship for its Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on 18 September, as reported by Reuters…
Planning is underway for further drilling on the Barryroe discovery in the Celtic Sea offshore Ireland during 2015 with a view to reaching first oil by 2018, according to partner Landsdowne Oil & Gas. The work is subject to a farm…
Scientific Drilling International (SDI) introduced the TiTAN22 performance motor solution. The TiTAN22 is engineered to support the most demanding drilling environments and deliver reliability and durability across a wide range of applications…
Malaysia’s UMW Offshore Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days…
US-based explorer Noble Energy has lined up a string of prospects in the Falklands with prospective resources totaling up to 1.6 billion barrels of oil. The firm has been assessing 2D seismic and new 3D datasets in the south and east Falkland basin…
Maersk Drilling is selling its drilling barge activities in Venezuela to Barrystar Holding, an investment company based in Panama. The activities, registered in the company Maritime Contractors Venezuela (MCVSA), comprise the ownership…
CAMAC Energy has temporarily halted drilling on the Energy Searcher drillship, which is drilling the horizontal portion of the Oyo-8 well in the Oyo field, offshore Nigeria. This was due to leaks in some control system hoses of the well's blow out preventer…
Fractured basement reservoir explorer Hurricane Energy says post-well data analysis of its 1km horizontal appraisal well 205/21a-6 well test in Q2 this year has shown better than expected results. The firm said the well, which tested…
Statoil has received consent from the Petroleum Safety Authority to use the COSLInnovator mobile drilling facility for production drilling on the Troll field using the controlled mud level method. The consent covers the use of COSLInnovator for production drilling on 8½in…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
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