Exploration

News
December 16, 2022
Along with several measures to increase efficiency and recovery, these development projects will enable Aker BP's oil and gas production to grow from around 400,000bpd in 2022 to around 525,000bbl in 2028.
News
December 14, 2022
OEUK warned that the declining output from the UK’s existing fields meant continued exploration and financing were vital for the UK’s energy security. They also announced David Whitehouse as the new CEO.
News
December 14, 2022
Searcher applied its proprietary post-stack reprocessing method which rectifies navigation, metadata, amplitude, phase and time to create a regional dataset that allows for an extremely cost-effective ranking of the acreage.
News
December 14, 2022
The most recent South Sudan acquisition is set to usher in new opportunities for energy security and affordability in Africa on the back of new exploration and production drives by independents.
News
December 13, 2022
MOSAIC's intelligent framework will enable timely access, collaboration and decision support to Apache stakeholders and management in crucial decision-making activities and reserves reporting.
News
December 06, 2022
Philippine upstream oil and gas company PXP Energy Corp. is in talks with another Chinese firm for potential exploration in the South China Sea, Chairman Manuel Pangilinan said.
News
December 02, 2022
Neptune Energy and its license partners on Dec. 2 announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. Preliminary estimates are between 1 to 3.5 million standard cubic meters of recoverable oil equivalents, corresponding to 6 – 22 million barrels of oil equivalent.
Article
November 2022
The recovery of U.S. upstream activity is being slowed by high costs for equipment and services, personnel issues, and supply chain shortages, including spare parts.
Article
November 2022
Politics and regulations, particularly on the federal level, affect so much of the upstream industry’s health and performance, which can lead to a muddled mess in future developments.
News
November 29, 2022
Perenco has discovered oil with an exploratory well offshore Congo-Brazzaville, raising the prospect of a new geological play, the company said on Monday.
News
November 29, 2022
Exxon Mobil’s recent discovery in Block 15 off Angola in the Bavuca South prospect adds further credence to the notion that Africa is a significant contender in future energy markets, according to the African Energy Chamber.
Article
October 2022
In U.S. land drilling, BHA selection frequently uses heuristics derived from motivations of the directional contractor as opposed to incentives for the operator. The authors propose alternatives that balance the needs of the directional company with the operator’s desire for a high-quality wellbore.
News
November 20, 2022
The area of interest in the deep-water Orange Basin is located offshore between Port Nolloth and Hondeklip Bay, about 188 km (117 miles) from the coast at its closest point, in water depths of as much as 3,000 meters.
News
November 17, 2022
Resoptima is partnering with Aker BP, Sval Energi and NORCE to develop specific solutions that will help reduce CO2 emissions associated with oil and gas asset development and production activities.
News
November 17, 2022
Waldorf is among several smaller companies seeking to acquire North Sea assets being offloaded by larger energy players, who are seeking to offload oil and gas exploration projects to raise money for renewable investments.
News
November 16, 2022
Neptune Energy and its partners said Wednesday that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea. The operations are still at an early stage, and Neptune has not determined if commercial volumes are present.
News
November 15, 2022
TotalEnergies SE and Eni SpA are preparing to explore for natural gas in previously contested waters off the coasts of Lebanon and Israel, following last month’s accord between the two nations.
News
November 13, 2022
Oil and gas investments could be driven out of UK waters if Chancellor Jeremy Hunt carries out threats to raise the windfall tax to 35%, Offshore Energies UK (OEUK) has warned.
News
November 08, 2022
It became clear from speakers at last week's IADC meeting that publicly held operators continue to utilize technology to improve their efficiencies and bottom lines while pursuing careful paths toward E&P expansion, keeping a close eye on shareholder returns.
News
November 07, 2022
The well encountered 30 m (98 ft) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 km northwest off the coast of Luanda and was drilled in 1,100 m (3,608 ft) of water by the Valaris DS-9 rig.
News
November 03, 2022
As the International Association of Drilling Contractors gathered in New Orleans on Thursday, the drilling VP of the Permian Basin's largest operator described ongoing industry headwinds despite "good times."
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