Exploration ///

Shell Appomattox, Gulf of Mexico’s first HPHT program, receives BSEE approval

Shell’s Appomattox project, located in the Gulf of Mexico about 80 miles south of New Orleans, is the first high temperature project to gain BSEE approval and begin production.

ION aligns with Danish Energy Agency on new 3D reimaging program offshore Denmark

ION Geophysical announced a new 3D multi-client reimaging program offshore Denmark, aligned with the Danish Energy Agency's objective to boost exploration activity by providing a modern, affordable 3D depth-imaged data set.

Equinor and partners discover oil at Utsira High in the North Sea

Equinor and partners Lundin and Spirit Energy have made a small oil discovery in production licence 167 at the Utsira High in the North Sea.

U.S. firms want Nigeria oil and gas sector reforms before investing

Nigeria, Africa’s biggest oil producer, could attract more U.S. investment if the oil and gas sector becomes less opaque and a fuel-price peg is removed, according to a U.S. official.

Japan’s INPEX acquires stake in Anadarko deepwater GOM blocks

INPEX has reached an agreement with Anadarko to acquire a 40% participating interest in Keathley Canyon blocks 921 and 965, as well as Walker Ridge blocks 881 and 925 in the US Gulf of Mexico.

Wintershall Dea taps ConocoPhillips’ shale expertise in Argentina agreement

The Aguada Federal and Bandurria Norte blocks to be jointly developed hold significant unconventional oil and natural gas resources in the prospective Vaca Muerta shale formation.

Eni confirms significant Agogo find offshore Angola

The first appraisal well results confirm 650 MMboe in place at the Agogo field, and indicate further upside in its northern sector that will be assessed with new appraisal wells.

EIA: U.S. oil producers increase shareholder distributions

The EIA reports first-quarter 2019 results for 43 U.S. oil producers indicate they have increased shareholder distributions through dividends and share repurchases during the past two years.

ADNOC and Petramina expand partnership exploring new upstream, downstream opportunities

ADNOC and Petramina signed a Comprehensive Strategic Framework to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally.

Eni finds significant gas, condensate potential in offshore Vietnam exploration block

Eni's Vietnam exploration well, located in offshore block 114, Song Hong Basin, has proven the presence of significant gas and condensate accumulation in the Ken Bau prospect.

Santos gets nod for Australian onshore shale gas exploration

Santos announced it has received approval for Australia’s first Environmental Management Plan to be awarded for onshore shale gas exploration in the Northern Territory since the moratorium was lifted in early 2018.

Aker BP completes drilling of wildcat northeast of the North Sea's Alvheim field

Aker BP ASA, operator of production license 442, has completed the drilling of wildcat well 25/2-21 (Liatårnet).

BOEM announces region-wide lease sale for GOM

BOEM will offer 77.8 million GOM acres, including all available unleased areas in federal waters.

BHP adds three wells to successful Trinidad deepwater campaign

BHP completes phase three of its deepwater drilling campaign offshore Trinidad, discovering gas in three new wells.

Turkey scoffs at EU rebuke, vows to keep drilling off Cyprus

Turkey rebuffed measures by the EU and vowed to go ahead with its exploration in a growing dispute with EU member Cyprus.

Equinor drills dry Norwegian well west of Johan Sverdrup

Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7.

Recoverable oil reserves at Russkoye field increased 8%

The AB1 recoverable oil reserves of Russkoye field have increased 8% following exploration work carried out by Tyumenneftegaz, a petroleum production company belonging to Rosneft.

Norwegian Petroleum Directorate reports high activity in the first six months of the year

Production on the Norwegian shelf is holding steady at a high level. Many projects are in the development or planning phases.

Aker BP strikes oil in the NOAKA area, offshore Norway

Aker BP is about to complete the Liatårnet exploration well in license 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 MMboe.

World of oil and gas

Emily Querubin, World Oil

Talos Energy has completed its appraisal program for the Zama discovery on Block 7, in the offshore portion of Mexico’s prolific Sureste basin.