Geology & Geophysics ///

Prospex Oil and Gas reports significant commercial gas discovery onshore Italy

Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce that it has been advised by the operator Po Valley Energy Limited (PVE) that strong flowrates from testing operations have confirmed a significant commercial gas discovery at the Podere Maiar-1d appraisal/redevelopment well.

CGG, SNH promote Cameroon's 2018 Licensing Round

CGG has announced that it has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore & Offshore Licensing Round opened and conducted by SNH for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon.

Fugro undertakes marine, land surveys for UAE's Hail and Ghasha developments

Fugro has commenced a program of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).

TGS announces three new onshore seismic projects in North America

TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins.

India pitches bigger oil resource pie in bid to lure investments

India has increased the size of its oil and natural gas resources by 50% because of better data, according to the country’s oil regulator.

World of Oil & Gas

Emily Querubin, World Oil

Alongside its partners, Petoro (30%) and Spirit Energy (20%), Wintershall (50%) announced the start of production at Maria field.

ExxonMobil encounters hydrocarbons onshore Papua New Guinea

ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.

NOV's Tektonic drill bits increase ROP, durability with Permian Series cutters

Difficult drilling conditions in the Permian basin demand a drill-bit philosophy geared toward efficiency and durability. Three record runs recently occurred in the Permian basin that showcased the performance of National Oilwell Varco's Tektonic bits with Permian Series cutters.

Polarcus awarded 3D marine seismic project in South America

Polarcus Limited has announced that the company has received a letter of award for the acquisition of a 3D marine seismic project in South America.

Petro Matad provides update on Mongolian 3D seismic program

MONGOLOIA -- Petro Matad, the AIM-quoted Mongolian oil explorer is pleased to provide an update on its 3D seismic acquisition program.

Stone Energy reports successful drilling results from Mt. Providence well

Stone Energy Corporation has announced drilling success at the deepwater Mt. Providence development well at Mississippi Canyon Block 28.

Beach Energy discovers new gas field in Australia's Otway basin

Beach Energy Ltd. has announced a new gas field discovery at Haselgrove-3 ST1 in the onshore Otway basin, in South Australia. Flow test results from the primary target Sawpit Sandstone indicate a high deliverability reservoir and provide encouragement to move towards commercialization of a large gas resource.

Regional Report: Eastern Mediterranean

Emily Querubin, World Oil

Eastern Mediterranean region are beginning to increase E&P activity and were able to bring several key projects on stream in 2017.

Petro Matad completes 3D survey in Mongolia's Tugrug basin

Further to the Company’s announcement on Oct. 4, 2017, Petro Matad, the AIM quoted Mongolian oil explorer has provided an update on its 3D seismic acquisition program.

Halliburton provides major software grant to Sultan Qaboos University

Halliburton has announced a multi-million dollar software grant to the Colleges of Science and Engineering at Sultan Qaboos University in Oman. The grant provides access to leading industry software in geoscience, drilling and reservoir management so that students can gain practical experience to prepare for successful careers in the oil and gas industry.

NPD reports successful seismic acquisition on Gardarbank High

During the autumn of 2017, the Norwegian Petroleum Directorate (NPD) has acquired about 4,500 km of 2D seismic on the Gardarbank High, east/northeast of Bjørnøya and south of Hopen.

Uruguay announces promotional activities for Round 3 bidding

After successful announcements in Houston and London of Uruguay Round 3, for which 17 offshore areas for exploration and production of hydrocarbons are being offered, the process of qualification of oil companies has already started.

ExxonMobil announces sixth oil discovery offshore Guyana

ExxonMobil Corporation has announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015.

Cabot Energy reports Canadian sidetrack well results

Cabot Energy, the AIM quoted oil and gas company focused on production led growth balanced with high impact exploration and appraisal opportunities, provides the provisional results from the drilling and flow test of the 10-32 sidetrack well in the Rainbow area in Canada, which was drilled in December 2017.

SDX Energy provides update on drilling operations in Morocco

SDX Energy Inc., the North Africa focused oil and gas company, is today providing an update on its operations in Morocco.