Exploration ///

Total awarded exploration blocks offshore Mexico

Total has been awarded exploration licenses on three blocks in offshore Mexico, following the country’s first competitive deep water bid round.

OGA offers additional blocks offshore the UK

Companies can now apply for new licences to drill for offshore oil and gas in a number of blocks in the Offshore 2016 Supplementary Round.

BP commences drilling activity on new Carboniferous prospect, southern North Sea

BP has started drilling on a potential gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region. The well, being drilled with partners Perenco and Premier, will test the potential of a deep Carboniferous age horizon several hundred meters beneath the mature reservoirs produced by the Ravenspurn ST2 platform.

GeoPark awarded final approval for Morona Block acquisition in Peru

GeoPark Limited--an independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina and Peru--today announced that it has obtained final regulatory approval for its acquisition of the Morona Block in Peru.

Apex International Energy awarded first blocks in Egypt

Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has been awarded Blocks 8 and 9 by the Egyptian General Petroleum Company (EGPC) from their 2016 Bid Round.

Zion Oil & Gas receives approval to drill in Israel

While Israel is not able to currently meet their energy needs domestically, few companies are well positioned to take advantage of the demand for energy. One such company is Zion Oil & Gas.

CGG delivers final preSDM data sets for Gabon south basin multi-client survey

CGG announced that the final processed depth volumes (Kirchhoff and RTM PreSDM) from the company's recent 3D BroadSeis multi-client survey in the highly prospective Gabon South Basin are now available for license.

Energean secures exploitation license for West Katakolon, offshore Western Greece

The Greek Ministry of Energy and Energean Oil & Gas, an independent oil and gas E&P company in the Eastern Mediterranean, have agreed the conversion of the exploration license for the proven West Katakolon offshore field to a 25-year exploitation license with immediate effect.

U.S. shale drillers poised to take hold of global gas market

Shale drillers in the U.S. are about to tighten their grip on the global natural gas market.

Eni signs agreements to assess potential E&P activities in Bahrain

Bahrain authorities have invited Eni to study and assess the potential of some E&P assets in the country.

Condor Petroleum announces drilling results of Poyraz-3 in Turkey

Condor Petroleum Inc. has announced drilling results of the Poyraz-3 development well in Turkey.

African oil explorers poised for comeback after drilling low

Chariot Oil & Gas Ltd. plans to drill its first well in at least three years in 2017 off Morocco as African oil and gas explorers meeting in Cape Town this week ponder the potential for an industry renaissance.

Exxon Mobil in billion barrel discovery offshore Nigeria

Exxon Mobil Corporation today announced a significant discovery with a potential recoverable resource of between 500 MMbbl and 1 Bbbl of oil on Owowo field, offshore Nigeria.

Obama Admin officials express support for Arctic oil and gas development

Obama Administration officials and former leaders of U.S. Armed Forces expressed support for Arctic oil and gas development at an Atlantic Council event on Geopolitics, Security, and Energy in the Arctic, sponsored by the Arctic Energy Center, yesterday afternoon.

Arctic Iñupiat Offshore joins campaign calling for Alaska's Arctic to remain in federal leasing plan

Arctic Iñupiat Offshore (AIO) has announced that it is joining the Arctic Coalition, a collection of 21 Alaskan and nationwide organizations that support responsible energy development in and off the coast of Alaska.

Statoil ends its search for oil and gas in New Zealand's Reinga basin

Statoil has informed the New Zealand Government of its decision to stop looking for oil and gas in the Reinga basin.

CGG wins multi-client projects offshore Mozambique

CGG has been awarded an extensive multi-client program by the Instituto Nacional de Petroleo (INP) to acquire seismic data offshore Mozambique.

Falcon Oil & Gas JV reports discovery in Australia's Beetaloo basin

Falcon Oil & Gas Ltd. has announced that Origin Energy Resources Limited, the company's Joint Venture partner, has submitted a notification of discovery and an initial report on discovery to the Department of Primary Industry and Resources (DPIR) of the Northern Territory, Australia on the A mungee NW - 1H well in the Beetaloo basin, Australia.

What's new in exploration

William (Bill) Head, Contributing Editor

Is “intuitive detective” still a valid moniker?

Sasol completes first-ever onshore 3D seismic campaign in Mozambique

Sasol recently announced the completion of the first-ever 3D onshore seismic program in Mozambique.