Exploration ///

Samaraneftegaz launches 3D seismic exploration works in new blocks

Samaraneftegaz, a Rosneft subsidiary, started 3D seismic exploration works in six blocks acquired in 2016. Drilling sites for prospecting and exploratory wells will be defined based on the results of these works.

Schlumberger and Sound Energy expand cooperation in Morocco

Sound Energy, the African and European-focused upstream gas company, has announced the signature of binding heads of terms with Schlumberger, which will expand Sound Energy's relationship with Schlumberger into Meridja and the Tendrara relinquished area(s).

South Sudan blocks open for direct negotiation, following collapse of talks with E&P companies

Representing the Government of South Sudan, the Ministry of Petroleum has announced that it is welcoming the interest of investors for direct negotiations on oil and gas in Blocks B1 and B2. The announcement comes after negotiations broke down with the French oil and gas company Total E&P, due to irreconcilable differences.

Lundin Norway completes drilling of Edvard Grieg appraisal well

Lundin Norway AS, operator of production licence 338, has completed the drilling of appraisal well 16/1-27 at Edvard Grieg field in the central part of the North Sea.

TGS announces Crean 3D multi-client project in Ireland

TGS announces new multi-client acquisition project, Crean 3D on the Irish Atlantic Margin.

Exxon won't get drilling waiver for Russia, Treasury Chief says

Exxon Mobil Corp. won’t be allowed to bypass U.S. sanctions against Russia to resume drilling for oil in a joint venture that seeks to tap billions of barrels of that country’s crude.

Statoil receives consent for exploration drilling in Barents Sea

Statoil is the operator for production license 532 in the Barents Sea and has received consent to drill exploration well 7219/9-2 in a prospect named Kayak.

Sound Energy announces mobilization of rig to Sidi Moktar, Morocco

Sound Energy, the African and European focused upstream gas company, is pleased to announce the mobilization of a rig to the Company's Sidi Moktar asset, onshore Morocco.

Queensland may expand land quarantine to fix local gas shortfall

The state of Queensland may expand the amount of land available for gas exploration to overcome looming gas shortages and high prices on the east coast of Australia.

Gazprom builds 15 exploratory, development wells in Bangladesh in four years

A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Abul Hassan Mahmood Ali, minister of foreign affairs of the People’s Republic of Bangladesh, took place in Moscow. The parties expressed their appreciation for the Company’s efforts in Bangladesh.

Aker BP receives consent to drill exploration well offshore Norway

Aker BP ASA is the operator of production licence 442 in the North Sea. Aker BP has made a discovery in a prospect named Frigg Gamma Delta, around 20 km east of the Frigg field.

SEG releases revision to SEG-Y data-exchange format

The Society of Exploration Geophysicists has released a major update to the venerable SEG-Y workhorse seismic data exchange standard.

Shell knew Nigeria ex-minister's company would get oil-deal cash

Royal Dutch Shell Plc said it knew some of the $1.1 billion paid to the Nigerian government in 2011 for an exploration license would go to a company linked to the country’s former oil minister, changing its previous stance on a deal that’s under investigation for alleged corruption.

Statoil granted drilling permit for wildcat southeast of Snøhvit field

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7121/8-1, cf. Section 8 of the Resource Management Regulations.

Aker BP granted drilling permit for wildcat in licence 150 B

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 24/9-11 S, cf. Section 8 of the Resource Management Regulations.

Trump said to ready order to expand offshore oil drilling

President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity.

Cairn announces results of sixth appraisal well at SNE field, offshore Senegal

Cairn has announced the results of the VR-1 well offshore Senegal. Rig performance continues to be excellent and operations have been safely and successfully completed ahead of schedule and under budget following the drilling and logging operations.

AAPG kicks off 100-year anniversary celebration at ACE 2017 in Houston

HOUSTON -- AAPG President-elect Charles Sternbach opened the society’s Annual Convention & Exhibition in Houston on Monday morning ,in the Discovery Thinking session, saying that “geology is a science” but “exploration is a business.” In 1917, the AAPG was originally conceived as a “technology transfer” society, with learnings captured in the field translated to paper media and distributed to the geological community for application in analogous situations.

Qatar Petroleum, Exxon Mobil sign E&P PSA contract with Cyprus

DOHA -- Qatar Petroleum and Exxon Mobil signed an exploration and production sharing contract with the government of the Republic of Cyprus for offshore Block 10.

Eni discovers gas, condensate offshore Libya

SAN DONATO MILANESE, Milan -- Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya.