Geology & Geophysics ///
Orbital Gas Systems has been awarded contracts for integration natural gas analysis and metering infrastructure totaling $1.75 million, by a client operating several large-scale manufacturing plants throughout Europe.
ConocoPhillips Alaska has made a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeastern portion of the National Petroleum Reserve–Alaska (NPRA).
Gazprom Neft subsidiary Gazpromneft-Yamal has announced plans to begin pilot operations at the Severo-Samburgskoye field, located in the Purovsky district in the Yamalo-Nenets Autonomous Okrug, in 2017.
Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit.
Faroe Petroleum has announced the commencement of the Eni-operated Boné exploration well, 7318/12-1, in the Barents Sea.
The amount of oil discovered last year was the lowest since the 1950s as explorers slashed spending amid the worst downturn in a generation, according to Wood Mackenzie. The good news: It can probably only get better from here.
The Bureau of Ocean Energy Management (BOEM) has denied six pending geophysical and geological permit applications to conduct airgun seismic surveys in the Mid- and South Atlantic Planning Areas of the Atlantic Ocean.
DNO ASA, the Norwegian oil and gas operator, has announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank of Peshkabir field.
The Canadian government says it won’t grant extensions to exploration licenses for Exxon Mobil, BP and other oil firms as it prepares for consultations over the impact of an Arctic drilling moratorium.
Exxon Mobil has announced the development of its cMIST technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology.
Pason Systems Inc. has announced that it has acquired all of the issued and outstanding shares of Verdazo Analytics Inc.
Cobalt International Energy has completed drilling operations on the North Platte #4 appraisal well in the U.S. Gulf of Mexico.
Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).
geoLOGIC systems, a portfolio company of BV Investment Partners, has announced that it has purchased Canadian Discovery Ltd.’s (CDL) Well Completions & Frac Database and related products, including its Direct Data Access add-on module and the Drilling Database.
Halliburton has introduced a depth-of-cut rolling element called Cruzer, designed to increase tool face control without reducing drilling efficiency. The element provides operators with the ability to increase ROP to lower cost per foot for improved economics.
Ophir and its JV partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time.
Exxon Mobil has reported a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of Hides gas field.
Gazprom Neft has opened up a new field in Serbia with recoverable reserves in the order of 432,000 tonnes.
Eni has been awarded two exploration blocks offshore Cyprus, following a competitive international bid round.
The U.S. Bureau of Ocean Energy Management (BOEM) will offer more than 48 million acres offshore Louisiana, Mississippi and Alabama for exploration and development, in a lease sale that will include all available unleased areas in the Central Planning Area (CPA).