Exploration ///

EMGC '18: Eni Chief sees rapid development of Eastern Med gas with Zohr

Opening Day 1 of Gulf Publishing Company's fifth annual Eastern Mediterranean Gas Conference (EMGC) on March 21 was Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism for the Republic of Cyprus.

Eni Congo sponsors $30 million search for oil, renewable energy

Eni SpA’s unit in the Republic of Congo will sponsor a $30 million research center that will search for oil and renewable energy, government spokesman Thierry Moungalla said.

Congo grants Total extension to oil-exploration license

The Democratic Republic of Congo granted Total SA a one-year extension to a license allowing it to explore for oil along the Ugandan border.

SDX Energy strikes oil in Egypt's West Gharib Concession

SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 5 well in the West Gharib Concession in Egypt.

Zoltav Resources provides exploration program update

Zoltav Resources, the Russia-focused oil and gas exploration and production company, is pleased to provide an update on the Company’s exploration program to assess the resource potential of the Carbonian and Devonian structures in the Western fields of the Bortovoy Licence, Saratov.

API: New studies project offshore energy development to bolster U.S. economy

Opening the U.S. Outer Continental Shelf (OCS) to offshore oil and natural gas development would be an economic catalyst—promoting U.S. jobs, investments, and increased tax revenue—for states across the country, according to new economic studies.

CERAWeek '18: Senators Murkowski, Cornyn express broad optimism for U.S. energy

During the final day of CERAWeek, Daniel Yergin, vice chairman of conference organizer IHS Markit, sat down with U.S. Senators John Cornyn (R-Texas) and Lisa Murkowski (R-Alaska, chairman of the U.S. Senate Energy and Natural Resources Committee), to discuss what’s ahead in Washington.

Regional Report: East Africa

Emily Querubin, World Oil

Oil-rich East Africa continues its uphill battle to recovery

Executive Viewpoint

Peter Zornio, Emerson Automation Solutions

Reservoir recovery: An opportunity for digital transformation

What's New in Exploration

William (Bill) Head, Contributing Editor

Exploration fire sale?

World of Oil & Gas

Emily Querubin, World Oil

TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows.

Emerson, Total sign long-term global agreement for Paradigm E&P software solutions

Emerson announced today a long-term global agreement with Total S.A. to provide all Total geoscientists with access to Emerson’s Paradigm exploration and production (E&P) software portfolio, to help the global energy leader maximize performance of reservoir subsurface modeling and formation evaluation.

Maersk's Danish exit comes with a $1.2-billion ball and chain

A.P. Moller-Maersk is about to exit the Danish offshore oil industry that it created half a century ago.

U.S. oil drillers lift rig count to 800 for the first time since 2015

U.S. oil explorers raised the rig count to 800 for the first time in almost three years amid booming domestic and overseas demand for crude and petroleum-based fuels.

Aker BP strikes oil near Alvheim in the North Sea

Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil.

Statoil contracts West Phoenix to drill in UK, Norway

Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018.

ExxonMobil reports seventh discovery offshore Guyana

ExxonMobil Corporation has announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well.

Petrobras announces start of binding phase for divestment of Enchova, Pampo clusters

Petrobras, further to the Material Fact disclosed on July 28, 2017, and press release disclosed on Oct. 4, 2017, informs the start of the binding phase regarding the assignment of all of its exploration, development and production rights in Enchova and Pampo clusters, located in Rio de Janeiro state.

ExxonMobil pursues Ghana’s deepwater exploration acreage

Analysis of Ghana’s upstream oil and gas industry shows that the country currently has 21 licensed blocks, of which 14 are in the ultra-deepwater terrain, five are in shallow water, and two in deepwater, according to GlobalData, a leading data and analytics company.

G3 Exploration reports progress at GGZ Block in southwest China

G3 Exploration Ltd., an independent specialist in the exploration and development of coal bed methane gas (CBM), with roots in China and a focus on international expansion, is pleased to provide a progress update of the exploration and development activities for its Baotian-Qingshan (GGZ)2 Block, situated in the Guizhou Province, China.