Concept select to develop the Butch discovery in the Norwegian sector of the North Sea is due to be made by Centrica in early 2015, according to partner Faroe Petroleum. The move follows an unsuccessful well on the Butch South West exploration well 8/10-6S…
The Genel Energy-operated Hagar Qim-1 exploration well in Area 4, offshore Malta, has been plugged and abandoned after finding no hydrocarbons. The well was drilled to the Eocene using the Noble Paul Romano (pictured), which will…
OMV (Norge) has made an oil dioscvery on the 7324/7-2 Hanssen well, in production license 537, in the Barents Sea. The Hanssen discovery was made about 7km northwest of the 7324/8-1 Wisting Central oil discovery and about 315km north of Hammerfest…
Woodside announced that the Toro-1 exploration well in permit WA-430-P has intersected approximately 150m gross gas and 65m net gas within the Mungaroo Formation target. The Toro-1 well was drilled to a total depth of 3724m, referenced from the rig rotary table…
Carnarvon Hibiscus' West Seahorse project in the Gippsland basin, offshore southeastern Australia, has been granted access to Federal Government Major Project Facilitation (MPF) services. Deputy Prime Minister and Minister for Infrastructure…
Exploration drilling started on the Lupus oil prospect in production license 507 in the Norwegian sector of the North Sea yesterday. The well, 31/10-1, is about 35km south of the Oseberg field and is being drilled by the Borgland Dolphin semisubmersible drilling rig (pictured)…
EMAS AMC, announced it has installed its 50th platform for Chevron in the Gulf of Thailand. Under a multi-year contract that began in 2011, EMAS AMC has also successfully laid 376km of subsea pipes utilizing the construction vessel Lewek Champion…
Tullow Oil shares this video on their exploration projects offshore Ghana, including the Tweneboa, Enyenra and Ntomme (TEN) project, which the company says is on track for first oil by mid-2016. Read more on Tullow's TEN development…
Exploration activity on the Norwegian shelf 'remains vigorous', with 13 new discoveries made this year, according to the Norwegian Petroleum Directorate (NPD). As of 24 June, 33 exploration wells (23 wildcat and 10 appraisal wells) have been spudded and 33 terminated…
Laffayete, Louisiana-based Stone Energy agreed to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore for US$200 million in cash and $117 million in future undiscounted liabilities, the company announced on 30 June 2014…
Gazprom Neft subsidiary Gazpromneft-Sakhalin has started drilling an exploratory well in its Dolginskoye field, located 75km off Russia in the Pechora Sea, the operator announced today. It is the fourth well drilled at the site, after two drilled in North Dolginskoye and one in South Dolginskoye…
Statoil announced further delay in developing the Johan Castberg project, postponing final concept selection on the Barents Sea project until 2015. “Unfortunately, the exploration campaign has proven less new oil resources in the Castberg area than expected…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…
The Norwegian Petroleum Directorate has granted Norwegian exploration and development company, Det norske oljeselskap ASA, a drilling permit for well 2/9-5 S. Well 2/9-5 S will be drilled from the Mærsk Giant jackup drilling facility at position 56°24’45…
Statoil’s Brugdan II well offshore the Faroe Islands is being plugged and abandoned after finding no hydrocarbons. The well, which was a re-entry of the 6104/21-2 well, was drilled to 4542m, 130km offshore the Faroe Islands. Drilling…