Rocksource ASA Company News
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Gas Discovery at Ivory Well Inconclusive
Tuesday, December 02, 2014Rocksource reports that its Ivory exploration well in the Norwegian Sea has discovered a gas accumulation but that it is not possible to determine if the discovery is commercial.
VNG's Pil Well Flows at 6,710 Bopd
Thursday, April 10, 2014VNG Norge flows the Pil well in the Norwegian Sea on the P586 license at 6,710 barrels of oil per day.
VNG Norge Hits Oil, Gas with Pil Well
Thursday, March 06, 2014VNG Norge finds 443 feet of oil and 299 feet of gas with its Pil well in the Norwegian Sea.
Debate over Langlitinden Discovery's Commercial Potential
Friday, February 21, 2014There is a question mark over whether oil discovered at the Langlitinden well in the Barents Sea will prove economically recoverable.
Hydrocarbon Shows in Langlitinden Well in Barents Sea
Monday, February 10, 2014Partners in the Langlitinden well in the Barents Sea say that core samples have identified hydrocarbon shows.
Rocksource CFO to Step Down
Wednesday, January 29, 2014Rocksource's Chief Financial Officer Tommy Sundt will step down after Sept. 1.
VNG Norge Spuds Pil Well in the Norwegian Sea
Tuesday, January 21, 2014VNG Norge begins drilling the Pil exploration well in the Norwegian Sea.
Storbarden Exploration Well is Dry
Monday, April 29, 2013Ithaca Energy reports that the Storbarden exploration well in the North Sea has come up dry.
Rocksource Names New CEO
Monday, June 18, 2012Rocksource ASA announces that Christopher Spencer has been appointed permanent Chief Executive Officer (CEO).
Norwegian Govts OKs Valiant, Rocksource Asset Transaction
Wednesday, May 23, 2012The Norwegian Ministry of Petroleum and Energy has approved the Rocksource asset transaction with Valiant Petroleum.
Rocksource Sells Stake in Norvarg Discovery
Monday, March 19, 2012Rocksource has signed a strategic asset transaction with Valiant Petroleum Norge AS (Valiant).
Rocksource Drills Duster Northeast of Norne
Monday, October 24, 2011Rocksource, operator of production license 559, has completed drilling of wildcat well 6608/11-7 S. The well is dry.
GDF Suez Drills Duster in Barents Sea
Wednesday, October 05, 2011Rocksource announced that the drilling rig Aker Barents has completed drilling of the two main reservoirs and one of the secondary targets in the Heilo well in PL 530 in the Barents Sea.
Heilo Drilling Begins in Barents Sea
Friday, September 16, 2011Drilling commenced on Sept. 16 at Production License 530, also known as Heilo field, in the Barents Sea offshore Norway, North Energy ASA reports.
Rocksource Spins Bit at Phoenix Prospect
Thursday, September 08, 2011Rocksource announced that the drilling rig Borgland Dolphin has commenced drilling on the Phoenix prospect in PL 559 in the Norwegian Sea.
Rocksource Makes Headway in 2011 Drilling Program
Wednesday, July 27, 2011Rocksource has now announced the drilling results from three of its five, 2011 exploration wells. Wells four and five in the 2011 program are expected to spud in September.
Ophir Spuds Kora-1 Well
Tuesday, June 28, 2011Rocksource announced that drilling of the Kora-1 well has commenced on the AGC Profond PSC, offshore Senegal and Guinea Bissau.
E. On Spins Bit at Breiflabb Prospect
Tuesday, June 28, 2011Rocksource announced that the drilling rig Borgland Dolphin has commenced drilling on the Breiflabb prospect in PL 416 in the Norwegian part of the North Sea.
Rocksource Sells U.S. Assets
Friday, June 24, 2011Rocksource announced that its US subsidiaries have sold the U.S. onshore producing fields to a Texas-based oil and gas company.
Rocksource Scoops Up Blocks Offshore Norway
Friday, April 15, 2011Rocksource has been awarded 4 new licenses in the 21st Licensing Round on the Norwegian Continental Shelf (NCS) announced by the Ministry of Oil and Energy on the April 15, 2011.
Rocksource Geotech's Chief Technology Office Resigns
Friday, March 04, 2011Dr. Jonny Hesthammer has elected to resign from his position as Chief Technology Officer at Rocksource Geotech.
ONGC Plugs, Abandons India Well
Monday, February 28, 2011The third exploration well in Block CY-DWN-2001/1 has now reached Total Depth without encountering hydrocarbons, and will now be permanently plugged and abandoned.
Rocksource Picks Up 5 New Licenses in APA 2010 Licensing Round
Tuesday, January 18, 2011Rocksource announced the award of five new licenses in the APA 2010 Licensing Round on the Norwegian Continental Shelf announced by the Ministry of Petroleum and Energy.
Rocksource Inks Deal to Sell US Onshore Assets
Friday, November 12, 2010Rocksource's US subsidiaries have signed a Letter of Intent (LOI) for the sale of its US onshore producing gas fields for a consideration of US $9.35 million.
Rocksource Pleased with Assessment of Trident Field
Friday, November 12, 2010Rocksource says a third party review of its Trident Field indicates a significant contingent resource base that could utimately support a stand-alone development of the field.
Rocksource Strengthens Management
Wednesday, October 13, 2010Rocksource has strengthened its management team with the appointment of two new industry professionals, Chris Spencer and Per Anders Muri.
AGR Secures Major North Sea Drilling Campaign
Monday, April 26, 2010AGR Petroleum Services will undertake a multi-well, multi-client drilling campaign on behalf of seven international operators in the Norwegian North Sea.
E.ON, Partners to Drill Firm Well on Breiflabb Prospect
Friday, February 12, 2010The partnership in PL 416 in Block 31/8 on the Norwegian Continental Shelf has decided to move forward to drill a firm well targeting the Breiflabb prospect.
Rocksource Posts December 2009 Production Results
Wednesday, January 06, 2010Rocksource's estimated December 2009 production from its US subsidiaries averaged 1,138 boepd, compared to the actual November 2009 production of 1,034 boepd.
Rocksource Reels in 13th Lease in Gulf of Mexico
Wednesday, November 11, 2009Rocksource has been awarded another lease in the Western Gulf of Mexico Lease Sale 210. This brings the total number of awards to 13 with a further two bids pending.
Rocksource Acquires Additional GOM Leases
Monday, October 12, 2009Rocksource has been awarded another two leases in the Western Gulf of Mexico Lease Sale 210, bringing the total number of awards to 12 with a further three bids pending.
Arctic Region Beckons As North Sea Fields Decline
Tuesday, October 06, 2009With North Sea fields in decline, Total and most other players in Big Oil now find themselves in hot pursuit of drilling in some of the coldest, most forbidding places on the planet.
MMS Qualifies Rocksource to Operate in Gulf of Mexico
Tuesday, October 06, 2009The Minerals Management Service has qualified Rocksource to own and be designated as Operator for leases awarded in the Gulf of Mexico Lease Sale 210.
Rocksource Collects Equity in 8 Gulf of Mexico Leases
Tuesday, August 11, 2009In an agreement with Focus Exploration, Rocksource has gained access to eight leases in the Gulf of Mexico. Following the acquisition, Rocksource will add approximately 30 million barrels of oil equivalent to its exploration portfolio.
Total E&P Norge Snags Stake in Barents Sea Production License 535
Thursday, June 04, 2009Total E&P Norge AS was awarded a 40% interest and operatorship in the production license PL 535 in the Barents Sea.
Rocksource Underscores US Subsidiaries' March 2009 Production
Tuesday, April 07, 2009The March 2009 production from Rocksource ASA's US subsidiaries averaged 1,638 boepd, compared to February 2009 production of 1,768 boepd and 2,267 boepd in March 2008.
Rocksource Underscores February 2009 Production in US
Wednesday, March 11, 2009Rocksource announced that the February 2009 production from its US subsidiaries averaged 1,768 boepd.
Delayed Drilling, Maintenance Reduces Rocksource's US Production
Friday, February 06, 2009Rocksource announced that the January 2009 production from its US subsidiaries averaged 1,735 boepd, compared to the December 2008 production of 2,320 boepd and 2,035 boepd in January 2008.
Rocksource Updates on Exploration Drilling, '08 Exit Production
Friday, January 09, 2009Rocksource has provided the status on its exploration drilling and has also issued a production update for December 2008.
DECC Awards Rocksource 4 Licenses in UK North Sea
Wednesday, November 12, 2008Rocksource UK was awarded four exploration licenses, consisting of five blocks, following the UK 25th Licensing Round.
Rocksource to Boost Production with 2 More US Wells
Wednesday, November 05, 2008Rocksource has reported on its October production and is now preparing the start-up of two exploration wells that will be drilled in late 2008 and beginning of 2009.
Rocksource Clarifies Operations at Block CY-DWN-2001/1
Monday, November 03, 2008Rocksource has clarified that the partnership has completed the first of three wells in the work program for block CY-DWN-2001/1, and that the well did not encounter any moveable hydrocarbons.
Rocksource Cites 100MM Barrel Estimate for Cyclops Prospect in North Sea
Thursday, September 18, 2008Rocksource acquired a CSEM survey over the 100% owned and operated Cyclops prospect in PL 456, located on the Norwegian Continental Shelf. The prospect is estimated to contain 100 million barrels of recoverable oil.
Rocksource Farms-In to ONGC's Offshore India Block
Tuesday, September 16, 2008Rocksource signed an agreement with ONGC to farm into 10% of the exploration block CY-DWN-2001/1 located in the Cauvery Basin, offshore south eastern India. ONGC is the Operator with Oil India and Petrobras as partners.
Rocksource Cinches Bank Loan Facility to Fund NCS Exploration
Tuesday, September 16, 2008Rocksource announced the successful completion of a bank loan facility of NOK 250 million with DnBNOR Bank ASA related to exploration on the Norwegian Continental Shelf.
Rocksource Farms-In to Offshore Deepwater Block in West Africa
Monday, September 08, 2008Rocksource signed a farm-in agreement with Ophir Energy allowing Rocksource to complete a staged entry into the AGC Profond Production Sharing Contract (PSC) covering the deepwater area, a large offshore block equivalent to 25 NCS blocks.
Rocksource Nabs 10% Equity Stake in Indian Shelf Block
Monday, September 08, 2008Rocksource has concluded negotiations to complete a farm-in agreement with ONGC for a 10% equity stake in exploration block CY DWN 2001/1 on the Indian Shelf.
Rocksource Sees US Issues with Production, Rig Delay
Friday, September 05, 2008Production in August was stable during the first 3 weeks but a technical down-hole problem with one of the wells caused production to be lowered until repairs can be undertaken without risk of reservoir problems.
Consortium Secures Borgland Dolphin for $775MM Offshore Norway
Thursday, August 28, 2008Rocksource reported that the final contract for the semisubmersible drilling rig Borgland Dolphin's operations on the Norwegian Continental Shelf is being signed by all parties involved.
Rocksource Prepares to Farm-In Exploration Block on Indian Shelf
Thursday, August 21, 2008Rocksource is in advanced stages of negotiations to complete a farm-in agreement with ONGC for a 10% equity stake in exploration block CY DWN 2001/1, on the Indian Shelf.