Exploration ///

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.

Statoil awards Transocean two multi-million-dollar rig contracts

Statoil and license partners have decided to use the semisubmersible rig Transocean Spitsbergen on three exploration wells in the UK, and then on a six-well production drilling campaign on the Aasta Hansteen licence in Norway.

Lukoil begins exploration in Taymyr ahead of schedule

PJSC LUKOIL began drilling of the first 5,500 m prospecting and appraisal well (1P) in the Vostochno-Taymyrsky license area, Krasnoyarsk Territory, six months before the scheduled deadline.

Providence Resources to commence mobilization for 3D seismic data acquisition

Providence Resources, an Irish-based oil and gas exploration company, today provides an update regarding Frontier Exploration Licence (FEL) 3/04, located in the southern Porcupine basin.

Rosneft discovers new field in Republic of Bashkortostan, Russia

Rosneft has announced a new field in the Republic of Bashkortostan. The geological reserves of Anastasyinskoye field of C1+C2 category in the amount of 0.6 mmt were recommended by The State Commission on Reserves for state registration.

Gazprom signs MOU with National Iranian Oil Co.

Gazprom and National Iranian Oil Company have signed a Memorandum of Understanding in Moscow.