Exploration
Article
April 2021
This first of two articles following up Frontier Deepwater’s February 2020 World Oil article clarifies how and why industry’s efforts to develop the massive Wilcox Lower Tertiary trend in the ultra-deep waters of the Gulf of Mexico with subsea hub-spoke systems and strategies have failed commercially.
News
April 22, 2021
Maersk Drilling has been awarded a one-well contract by CGX Resources Inc., operator and joint venture partner with Frontera Energy Guyana Corp, for the semi-submersible rig Maersk Discoverer to perform exploration drilling in the Corentyne Block offshore Guyana.
News
April 14, 2021
Talos Energy, along with affiliates of BP and Chevron U.S.A. announced successful drilling results from the Puma West exploration project located in the U.S. Gulf of Mexico Green Canyon Block 821.
News
TGS to reprocess 9,024 km2 cross-border survey for offshore Timor-Leste and Australia license rounds
April 10, 2021
TGS anticipates significant uplift in quality beyond the original PSTM data which was acquired in 2012. Utilization of modern imaging techniques, including full waveform inversion, will enable a significantly enhanced evaluation of the prospectivity of the area.
Article
March 2021
Mexico’s situation brightens after giant oil find made
Article
March 2021
“… keeping the world at a safe temperature”
News
March 24, 2021
Preliminary estimates place the size of the discovery in the Fram prospects between 12 and 19 million standard cubic meters of recoverable oil equivalent, corresponding to 75-120 million barrels of recoverable oil equivalent.
News
March 16, 2021
Sercel and Kappa Offshore Solutions introduced PIKSEL, a compact marine seismic solution specially designed for acquiring seismic data for high-resolution 3D imaging of targeted offshore areas.
News
March 15, 2021
Pemex is under pressure to prove that the company is increasing production under the government of President Andres Manuel Lopez Obrador, who swept into power in late 2018, promising to revive it by rolling back the liberalizing energy reforms of his predecessor.
News
March 10, 2021
The work for Petronas Suriname is being conducted from the survey vessel MV Fugro Brasilis and involves geophysical data collection, heat flow measurements, core sampling and onboard geochemical analyses, which aim to optimize future exploration activities in this frontier area.
News
March 10, 2021
Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production license 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million standard cubic meters of recoverable oil, corresponding to 31 – 50 million barrels of recoverable oil.
Article
February 2021
U.S. proved reserves effectively unchanged
Article
February 2021
Four recent case studies document how an advanced seismic inversion workflow, which integrates geoscience data, enables operators to enhance their reservoir characterization interpretation.
News
February 11, 2021
Energean sees potential to find about 110 billion cubic meters of gas that it could sell over the next 10-20 years, doubling the company's current reserves in Israel.
News
February 10, 2021
Cosmo will invest as much as $145 million in the exploration phase at Offshore Block 4, government-owned ADNOC said Wednesday in a statement. Abu Dhabi holds most of the oil in the United Arab Emirates, the third-largest producer in OPEC.
Article
January 2021
What! Me worry? (A.E. Neuman)
News
January 19, 2021
“This year’s award of 61 new production licenses to as many as 30 companies shows that the petroleum industry still has significant expectations of making profitable discoveries on the Norwegian Shelf,” said Kalmar Ildstad, director of license management in the Norwegian Petroleum Directorate.
News
January 14, 2021
Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi.
News
January 01, 2021
This deal, plus more to be announced, target drilling 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, with a minimum total investment seen at $1.4 billion.
News
December 03, 2020
"The funding will help maintain the project in warm suspension during 2021 and hopefully position it for a full restart in 2022 and the path to first oil," Newfoundland and Labrador Oil and Gas Industries Association CEO Charlene Johnson said in a statement.
