Europa Oil & Gas says a 1500sq km 3D seismic acquisition program on Frontier Exploration Licences (FELs) 2/13 and 3/13 in the South Porcupine basin, offshore Ireland, using the MV Polarcus Amani, has completed. Kosmos Energy Ireland…
High-quality technology and proper backing investments are keys to “[allowing] Mexico to continue as one of the main hydrocarbon producers of the world,” said Jose Antonio Escalera-Alcocer, deputy director of exploration for Pemex Exploration…
Salamander Energy plc announced the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, less than one mi northeast of the recent Surin oil discovery…
Dwarfed by the majors and super majors, the impact of the small independent oil company on global exploration and production activity is often overlooked. But, these companies are driving increased production in mature provinces such as the UK Continental Shelf (UKCS)…
Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…
Latest drilling on the Pweza-2 discovery offshore Tanzania has confirmed resource estimates, according to partner Ophir Energy. Appraisal drilling was completed on Pweza-2 in Block 4, 2km to the south of the Pweza-1 discovery, using the DeepSea Metro 1 drillship…
Schlumberger acquired Gushor Inc., a Canadian-based petroleum geochemistry and fluid analysis company that provides production and exploration solutions in the heavy oil and oil sand (HOOS) industry. Formed in 2006, Gushor specializes in the integration of geology…
Salamander Energy plc began its six-well exploration program in block G4/50, Gulf of Thailand. The first well, G4/50-4, was spudded at the end of June. It is being drilled on the Rayong prospect in the northeast section of the block in the central Kra sub-basin…
China National Offshore Oil Corp. (CNOOC) signed a PSC with PetroBroad Copower Ltd. for block 28/03 in the Pearl River Mouth Basin. Block 28/03 covers 68sq km with 95m water depth. PetroBroad will acquire 3D seismic surveys and drill exploration wells during the exploration period…
A consortium of three companies has made a successful bid for an exploration concession on the Patraikos block, off western Greece. Hellenic Petroleum (operator), Petroceltic International, and Edison International, will each hold a one-third working interest in the concession…
Woodside Petroleum acquired its first offshore exploration acreage in northwest Europe with its agreement to farm-in to three license options in the Atlantic Porcupine Basin. Woodside will become operator of all three licensing options, subject to regulatory approval…
BHP Billiton the signed four production sharing contracts (PSC) with Trinidad and Tobago for four deepwater blocks that the company won in December. The PSCs cover Trinidad and Tobago Deep Atlantic Area (TTDAA) blocks 5, 6, 28 and 29. TTDAA acreage (40…
DONG Energy has made a gas discovery north-west of Shetland after a two-well exploration campaign through 2012-13. DONG said the Cragganmore exploration well, in Block 208/17, had been confirmed as a gas discovery. The well was drilled using the West Navigator drillship in 673m water…
KrisEnergy spuds Tayum-1 well KrisEnergy spudded the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia, using the Randolph Yost jackup. The well is targeting multiple stacked deltaic sandstone reservoirs…
Russia's Rosneft and Venezuela's PDVSA struck a deal concerning the implementation of projects offshore Venezuela. The agreement calls for the two companies to conduct joint studies evaluating technical and economic viability of offshore gas and condensate production in Venezuela…
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