News Categories: Exploration News
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Norway's Statoil Will Not Drill In Arctic Barents Sea This Year
Friday, January 30, 2015 Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, says exploration chief Tim Dodson.
Santos Acquires 20% Stake in Sabah's Deepwater Block R
Friday, January 30, 2015 Santos acquires 10 percent interest each from Inpex and JX Nippon Oil & Gas Exploration in Block R, offshore Sabah, Malaysia.
Hibiscus to Capitalize on Lower Service Rates for 2015 Drilling Operations
Friday, January 30, 2015 Malaysia's Hibiscus Petroleum hopes to capitalize on lower service rates for its 2015 drilling operations.
BP to Hand Back Two Exploration Blocks to Indonesia on Risk Concerns
Friday, January 30, 2015 BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company says.
Buru Energy Continues Drilling at Sunbeam 1 Well in WA's Permit EP 129
Thursday, January 29, 2015 Buru Energy provides update on drilling operations at Sunbeam 1 well in permit EP 129 in Western Australia.
Soco Cuts 2015 Investment Budget to Focus on Vietnam, Africa
Thursday, January 29, 2015 Oil producer Soco International reduces its 2015 capital expenditure budget by more than 60 percent versus last year and will focus on projects in Vietnam and Africa, the company says.
Octanex Drops Claim on Onshore Derby Block in WA's Canning Basin
Wednesday, January 28, 2015 Octanex drops claim on onshore Derby Block in Western Australia's Canning Basin.
Chevron Teams Up with BP, ConocoPhillips in GOM Leases
Wednesday, January 28, 2015 Chevron announces it will work with BP and ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico.
Buru Energy Spuds Sunbeam 1 Well in Permit EP 129 in Canning Basin
Wednesday, January 28, 2015 Buru Energy spuds Sunbeam 1 exploration well in permit EP 129 in the Canning Basin, Western Australia.
Gulfsands Completes Testing on Dardara Southeast 1 Well, Morocco
Wednesday, January 28, 2015 Gulfsands completes testing on its Dardara Southeast 1 discovery well on the Rharb Centre Permit, onshore Morocco.
KrisEnergy Commcences 2D Seismic Survey at Udan Emas PSC in West Papua
Wednesday, January 28, 2015 KrisEnergy commences 2D seismic survey in Indonesia's onshore Udan Emas production sharing contract in West Papua.
Falcon 'Disappointed' with NIS over Mako Trough License
Monday, January 26, 2015 Falcon Oil & Gas says it is disappointed with partner NIS over its failure to drill a third well on the Hungarian Mako Trough license within the timeframe agreed.
Gardline-CGG Bags Deal from Spectrum for 2D Seismic Survey Off WA
Friday, January 23, 2015 Gardline-CGG joint venture bags contract from Spectrum for a 2D multi-client marine broadband seismic survey offshore Western Australia.
KrisEnergy 2 Completes 2D Seismic Survey in SS-11 Block Off Bangladesh
Friday, January 23, 2015 KrisEnergy completes 2D seismic acquisition program in the SS-11 exploration block offshore Bangladesh.
MEC Updates on Operations at Bonaparte Basin, Sydney Basin in Australia
Friday, January 23, 2015 MEC Resources updates on operations by the firm's unit, Advent Energy, at the onshore Bonaparte Basin and offshore Sydney Basin in Australia.
Taipan Provides Drilling Update on Badada-1 Well in Kenya's Block 2B
Thursday, January 22, 2015 Taipan Resources updates on drilling at Badada-1 well in Kenya's onshore Block 2B.
Faroe Petroleum Expects To Raise Exploration Capex In 2015
Thursday, January 22, 2015 Junior oil firm Faroe Petroleum expects its pre-tax exploration and appraisal capital spending to increase in 2015.
Eni Makes New Oil, Gas Find in Egypt's Western Desert
Thursday, January 22, 2015 Eni announces a new oil and gas discovery in the West Melehia deep exploration prospect, located in the Melehia license, in the Western Desert of Egypt.
Indonesia Plans to Offer 8 Oil, Gas Exploration Blocks in 2015
Thursday, January 22, 2015 Indonesia plans to offer eight oil and gas exploration blocks this year through direct negotiation and regular tender, according to an official of the energy and mineral resources ministry.
Tullow 'Encouraged' by Results at Epir-1 Well
Thursday, January 22, 2015 In spite of not being a discovery, Tullow says results from the Epir-1 well are 'encouraging'.
Icon Updates on Stimulation, Flow Testing Program in ATP 855 in Queensland
Wednesday, January 21, 2015 Icon Energy updates on the stimulation and flow testing program in permit ATP 855 in the Cooper-Eromanga Basin in Queensland, Australia.
Minister: Total Likely to Ditch Cyprus Offshore Gas Search
Wednesday, January 21, 2015 France's Total is likely to abandon a search for oil and gas off Cyprus after failing to find tangible evidence of reserves.
Faroe, Lundin, Cairn Score Norway License Wins
Wednesday, January 21, 2015 Faroe Petroleum and Lundin Petroleum issue details of licenses they have secured in Norway's latest offshore licensing round.
Caribbean Rex Finds Commercial Oil in Trinidad & Tobago's South Erin Block
Wednesday, January 21, 2015 Rex International Holding's unit Caribbean Rex drills two successful wells in South Erin Block in Trinidad & Tobago.
Origin to Assess Development Options for Speculant-1 Well in Otway Basin
Wednesday, January 21, 2015 Origin Energy prepares to suspend Speculant-1 exploration well in Otway Basin, offshore Australia as it assesses development options for the gas discovery.
Cuadrilla Gets Planning Set Back to its Fracking Plans
Wednesday, January 21, 2015 Local planning officers deal a blow to Cuadrilla's fracking plans at Preston New Road and Roseacre despite the award of Environment Agency permits.
UIL Energy Identifies New Leads at its Perth Basin Permits in WA
Tuesday, January 20, 2015 UIL Energy identifies new conventional leads at its Perth Basin permits in Western Australia.
Seabird's Northern Explorer Bags LOI for 2D Seismic Survey in West Africa
Tuesday, January 20, 2015 Seabird's Northern Explorer clinches a letter of intent for 2D seismic survey in West Africa.
Lundin Spuds Zulu Prospect
Tuesday, January 20, 2015 Lundin Petroleum begins drilling on the Zulu prospect in the Norwegian North Sea.
BHP Billiton Slashes Shale Drilling Amid Oil Crash
Tuesday, January 20, 2015 BHP Billiton says it would cut its shale drilling spend over the next six months as it looks to meet its promise not to cut dividends in the face of a collapse in iron ore, copper and oil prices.
Eni Gets 3-Year Exploration Extension for Block 15/06, Angola
Monday, January 19, 2015 Italy's Eni obtains a three-year extension to the exploration period for its Block 15/06 concession, offshore Angola.