Exploration ///

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.

Encana to boost spending with eye on biggest U.S. oil patch

Encana Corp., one of Canada’s largest energy explorers, is increasing capital spending by as much as 64% as it seeks to pull more crude out of America’s most prolific oil field.

CGG acquires Saturno multi-client survey over Santos basin, offshore Brazil

CGG announced the start of a large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy. The project is designed to make ultramodern seismic datasets available as quickly as possible to support each phase in the pre-salt evaluation process in anticipation of Brazil’s next pre-salt licensing round.

CGG completes Phase 1 processing for Davros multi-client survey in northern Carnarvon basin

CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the northern Carnarvon basin on the North West Shelf of Western Australia is available now.

High interest in exploring for oil and gas in Norway: APA 2016

The deadline for applications to the annual licensing round in the best known exploration areas on the Norwegian Continental Shelf (APA 2016) expired on Tuesday, Sept. 6, 2016. Thirty-three companies have shown their interest in receiving oil and gas exploration licenses in these areas.

Integrated datasets hold the key to unravelling petroleum prospectivity

David Spofforth, Jo Firth, CGG

The search for hydrocarbons has spanned vast areas of the globe. Despite many successes, entire basins and plays have been deemed unprospective, perhaps prematurely, based on single well results, or poor-quality seismic data.

BP seeking more investment opportunities in Argentina shale

BP Plc would rather invest in Argentina’s shale oil fields than in Texas’ Permian basin, the U.S. drilling hot spot, CEO Bob Dudley said.

Bengal Energy announces discovery in Australia

Bengal Energy has announced that the first four wells of the Cuisinier 2016 five well drilling campaign have been cased as future oil producers in the Murta horizon.

U.S. crude exports competitive to Asia-Pacific, delivered prices show

A drop in global shipping costs and competitive pricing of crude produced in North America is opening the door for U.S. crude exports to reach Asia-Pacific more economically than rival grades from elsewhere in the Atlantic basin, including the North Sea and West Africa.

Statoil and Petrobras strengthen strategic partnership in Brazil

Statoil and Petrobras took a step forward in strengthening their cooperation in Brazil by signing a Memorandum of Understanding (MoU).

Israel announces first offshore energy exploration licensing round, IHS Markit says

The Israeli Ministry of Infrastructures, Energy and Water Resources (MIEWR), the government agency responsible for overseeing all petroleum-related activities in Israel, plans to host a road show in September 2016 for promotion of the country’s first offshore energy licensing round, IHS Energy said today.

Independent Oil & Gas reports successful Skipper appraisal well

Independent Oil & Gas (IOG) provided an update on the drilling of the appraisal well on the Skipper oil discovery, which lies in Block 9/21a in license P1609 in the North Sea, of which IOG is 100% owner and operator.

Coring tool retrieves 71 sidewall core samples in one run

Aleksandar Milankovic, Ricardo Senne, Pablo E. Coronado, Halliburton

A high recovery rate and world record helped Petrobras achieve objectives, while saving 24 hr of deepwater drillship time, as well as operational costs.

Regional Report: West Africa

Emily Querubin, World Oil

Despite low commodity prices and regional turmoil, West Africa continues to blossom as one of the world’s most prolific oil and gas markets

Offshore in depth

Ron Bitto, Contributing Editor

Do super-majors always win?