News Categories: Exploration News
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Forum Energy to Stop Exploration Work at SC 72 Due to Philippine-China Spat
Tuesday, March 03, 2015 The Philippine Department of Energy orders Forum Energy to suspend exploration work at Service Contract 72 as the acreage falls within the area of a territorial dispute between the Philippines and China.
Drombeg Prospect Suggests Large Deep-water Fan System
Tuesday, March 03, 2015 Providence Resources says an initial evaluation of seismic data acquired over its Drombeg prospect offshore Ireland reveals morphologies that are consistent with a large deep-water fan system.
Eirik Raude Rig Arrives Ahead of Falklands Drill
Tuesday, March 03, 2015 Rockhopper Exploration says the Eirik Raude rig will shortly move onto location to drill the first well on the Zebedee prospect, north of the Falkland Islands.
CGG Commences Mutli-client Survey in Northern Carnavon Basin off WA
Tuesday, March 03, 2015 CGG commences acquisition of Davros multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia.
Mosman Finds Further Traces of Oil at Crossroads-1 Well in New Zealand
Tuesday, March 03, 2015 Mosman Oil and Gas finds further evidence of oil at Crossroads-1 well in Petroleum Creek permit in New Zealand.
Pan Orient Energy Abandons Thailand's L53-ANC1 Well as Dry Hole
Tuesday, March 03, 2015 Pan Orient Energy plugs and abandons the onshore L53-ANC1 prospect in Concession L53 in Thailand after disappointing drilling results.
Otto Pares Stake in Philippines' SC55, Secures Drillship for Hawkeye-1 Well
Monday, March 02, 2015 Otto Energy farms out a 15 percent stake in Service Contract 55 off the Philippines to Red Emperor Resources and signs a letter of intent for Maersk Venturer to drill the Hawkeye-1 exploration well in the block.
Lion Energy to Conduct 2 Unconventional Joint Studies in Sumatran Basin
Monday, March 02, 2015 Lion Energy receives approval from the authorities to conduct unconventional joint studies for two acreages in Sumatra, Indonesia.
Venezuela Objects to Oil Exploration off Neighboring Guyana
Monday, March 02, 2015 Guyana says that neighboring Venezuela is objecting to oil exploration in contested waters off the smaller South American country's coast.
Cap Boujdour Well Offshore Morocco 'Not Commercial'
Monday, March 02, 2015 Kosmos Energy discovers gas and condensate at its Cap Boujdour exploration well but the discovery is deemed non-commercial.
Tasmania Maintains Moratorium on Hydraulic Fracking Until March 2020
Friday, February 27, 2015 The Tasmanian government in Australia maintains a moratorium on the use of hydraulic fracking in the state until March 2020.
Bounty Terminates Deal to Buy Stakes in Empire's Carnarvon Basin Permits
Friday, February 27, 2015 Bounty Oil & Gas terminates agreement to acquire the stakes of Empire Oil & Gas' Carnarvon Basin permits in Western Australia.
SeaBird Warns of Continued Weakness in the Seismic Market
Friday, February 27, 2015 SeaBird Exploration warns that it expects the current softness in the market for seismic data acquisition to continue to adversely affect the seismic survey industry in 2015.
Whiting Shares Tumble On Plans To Keep Fracking Despite Cheap Oil
Thursday, February 26, 2015 Whiting Petroleum struck a confident tone for 2015, saying it will hydraulically fracture all wells it drills, but that prompted a sharp drop in its share price.
Anadarko Fails to Find Commercial Resources at Mozambique's Kifaru-1 Well
Thursday, February 26, 2015 Anadarko fails to find economic reservoir at the Kifaru-1 exploration well in the Rovuma Onshore Concession in northern Mozambique.
Lime Petroleum Acquires 30% Stake in PL338C off Norway from Lundin
Wednesday, February 25, 2015 Lime Petroleum acquires 30 percent interest in PL338C offshore Norway from Lundin Petroleum.
Kemp: Bakken Oil Drillers Retreat To The Core
Wednesday, February 25, 2015 North Dakota's oil producers pull back to the core areas of the Bakken formation to cut costs and maximize output amid the slump in prices.
San Leon Announces Its First Polish Commercial Gas Find
Wednesday, February 25, 2015 Junior explorer San Leon makes its first commercial gas discovery in Poland.
Inpex Secures Stakes in 2 Exploration Permits Offshore Western Australia
Wednesday, February 25, 2015 Inpex secures stakes in two exploration permits offshore Western Australia, near its Ichthys liquefied natural gas project.
ASCO Bags Supply Base Deal for BP's Exploration Program Off South Australia
Tuesday, February 24, 2015 ASCO bags contract to manage the supply base for BP's 2016 exploration program in the Great Australian Bight off South Australia.
Thailand Puts Bidding For Oil, Gas Concessions On Hold
Tuesday, February 24, 2015 Thailand's military government will delay bidding for new oil and gas concessions indefinitely, pending an amendment to a petroleum law, Prime Minister Prayuth Chan-ocha says.
Senex Finds Oil at Martlet North-1 Well in South Australian Cooper Basin
Tuesday, February 24, 2015 Senex Energy discovers oil at Martlet North-1 exploration well on the western flank of the South Australian Coooper Basin.
Searcher Grants BGP Exclusive Right to Market its Seismic Data in China
Tuesday, February 24, 2015 Searcher grants BGP exclusive right to market its multi-client seismic library in China.
Trinidad, Venezuela Sign Deal For Natural Gas Exploration
Tuesday, February 24, 2015 Venezuela President Nicolas Maduro signs a deal with Trinidad & Tobago for joint exploration of natural gas in waters between both nations.
Lundin Farms Out Gemini Prospect Offshore Norway
Tuesday, February 24, 2015 Lundin Petroleum agrees to farm out a 30% working interest in Norway's PL338C license to Lime Petroleum.
RIH Raises Indirect Stake in Cory Moruga Block in Trinidad & Tobago
Tuesday, February 24, 2015 Rex International Holdings completes acquisition of Parex Resources, raising the firm's indirect working interest in the Cory Moruga Block in Trinidad & Tobago.
Premier Well Onshore Kenya Comes Up Dry
Monday, February 23, 2015 Premier Oil's Badada-1 exploration well, onshore Kenya, fails to find hydrocarbons.
Gulfsands Confirms DOB-1 Well as a Gas Discovery
Monday, February 23, 2015 Gas flows at a rate of more than 10 million cubic feet per day at the Douar Ouled Balkhair 1 gas exploration well in northern Morocco.
Europa Spuds Kiln Lane-1 Well Onshore UK
Monday, February 23, 2015 Europa Oil & Gas starts drilling the Kiln Lane-1 conventional exploration well in northeast Lincolnshire.
Chariot Begins 2D Seismic Program Offshore Namibia
Friday, February 20, 2015 Chariot Oil & Gas begins a 2D seismic data acquisition survey of just over 1,000 miles offshore Namibia.
UKOG Signs Deal to Increase Stake in Markwells Wood to 100%
Friday, February 20, 2015 UK Oil & Gas signs a deal that see its acquire a 40% interest in the Markwells Wood license in England's Weald Basin, raising its stake in the license to 100%.
TGS to Expand Declaration Survey in Gulf of Mexico
Thursday, February 19, 2015 TGS-NOPEC plans to expand its Declaration Multi-WAZ survey in the Gulf of Mexico's Mississippi and DeSoto canyons.
Dodson: Statoil Plans 5-6 Wells In Current Canada Exploration
Thursday, February 19, 2015 Statoil will drill five to six exploration wells in Canada during its current 15 month campaign, exploration chief Tim Dodson says.
Mexico's Pemex Says Suspends Some Deep Water Exploration Projects
Wednesday, February 18, 2015 Pemex postpones some deep water exploration projects and says it will cut jobs as part of a raft of planned capital delays due to slumping crude prices.
Papua New Guinea Approves NGE's Sale of 50% in PPL 269 to Santos
Wednesday, February 18, 2015 Papua New Guinea approves New Guinea Energy's sale of a 50 percent interest in petroleum prospecting license 269 in the country to Santos.
MEO Signs Options to Farm Out Stakes in 3 Permits Offshore Australia
Wednesday, February 18, 2015 MEO Australia signs option agreements to farm out stakes in three permits offshore Australia to an international exploration company.
Lime Inks Deal with Tullow Oil for 20% Stake in 3 Licenses Off Norway
Wednesday, February 18, 2015 Lime Petroleum inks agreement with Tullow Oil to acquire 20 percent stake in three licenses in the Norwegian Sea.