Exploration News


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'Significant' Light Oil Column Interpreted in Onshore Argentina Well
Thursday, June 21, 2018 Echo Energy says a 'significant light oil column' has been interpreted in the EMS-1001 well onshore Argentina.

Mozambique Says 2015 Exploration Contracts Almost Ready
Wednesday, June 20, 2018 Mozambique's oil and gas regulator says exploration contracts from 2015 are close to being finalized.

Norway Awards Oil Permits To 11 Firms In Arctic Licensing Round
Monday, June 18, 2018 Oslo believes the Arctic has the greatest potential for significant new discoveries.

Congo Republic To Launch Call For Oil License Tenders In September
Wednesday, June 13, 2018 Congo Republic will open a call for oil license tenders in September followed by a promotion campaign at an oil conference in South Africa in November.

Exxon Starts Drilling At Offshore Guyana Projects
Tuesday, June 12, 2018 ExxonMobil says it started development drilling in three offshore Guyana projects.

Equinor Makes 'Commercial' North Sea Discovery
Friday, June 08, 2018 Equinor Energy AS, operator of production license 167, discovers oil at wildcat well 16/1-29 S in the central part of the North Sea.

Algeria Sees Energy Law Amendments In Early 2019
Friday, June 08, 2018 Long-awaited amendments to Algeria's energy law are expected to be finalized by early next year, Energy Minister Mustapha Guitouni says.

Oil Majors To Bid On Choice Stakes In Brazil's Offshore
Thursday, June 07, 2018 Executives from oil majors are set to gather in Rio de Janeiro to compete for stakes in Brazil's pre-salt oil play.




Equinor Gets Green Light to Drill Norwegian Sea Well
Thursday, June 07, 2018 Petroleum Safety Authority Norway gives its consent for Equinor to drill exploration well 6406/2-9 S, in block 6406/2, in the Norwegian Sea.

Papua New Guinea Well Hits Gas
Thursday, June 07, 2018 The Kimu 2 appraisal well, located in the forelands region of Papua New Guinea, encounters gas in the target Alene reservoir.

Oil Discovery Made in South East Niger Well
Wednesday, June 06, 2018 Savannah Petroleum plc announces that the Niger Amdigh-1 exploration well has discovered oil.

Sri Lanka Exploration Interest 'Rebounding'
Tuesday, June 05, 2018 Interest in oil and gas exploration in Sri Lanka is showing signs of rebounding, according to oil and gas analysts at BMI Research.

Size of FEL 3/13 'Prize' Nearly Doubles
Tuesday, June 05, 2018 Europa Oil & Gas (Holdings) plc announces the near doubling of its estimate of gross mean un-risked prospective resources on FEL 3/13 in the South Porcupine Basin.

New Proposals May Help Resolve Israel/Lebanon Oil And Gas Dispute
Tuesday, June 05, 2018 New ideas proposed in US back-channel mediation of an Israeli-Lebanese maritime dispute raise the prospect of a partial deal this year, Israel's energy minister says.

Shell Granted PSAN Consent to Drill North Sea Well
Friday, June 01, 2018 A/S Norske Shell receives consent from Petroleum Safety Authority Norway for the exploration drilling of well 34/5-2 S, located in production license 373 S in the North Sea.

Aker BP Makes Minor Gas Discovery Offshore Norway
Wednesday, May 30, 2018 Aker BP ASA, operator of production license 659, makes a minor gas discovery at wildcat well 7221/12-1.

Norway's Oil Exploration Rises More Than Expected -Regulator
Tuesday, May 29, 2018 Oil companies in Norway are raising their exploration spending more than expected, the head of the country's industry regulator tells Reuters.

Lebanon Begins Offshore Oil And Gas Exploration
Tuesday, May 29, 2018 Lebanon's search for its first oil and gas reserves begins.

Shell Makes Large Discovery in Gulf of Mexico
Thursday, May 24, 2018 Shell has made a deepwater discovery offshore southeast of New Orleans.

Faroe Expects Brasse East Well to be Drilled in 2H 2018
Wednesday, May 23, 2018 Faroe Petroleum expects the Brasse East well to be drilled in the second half of 2018.

Peru President Cancels London-Based Tullow's Offshore Oil Contracts
Wednesday, May 23, 2018 The government of Peruvian President Martin Vizcarra cancels five offshore oil contracts.

Analysts: UK Shale Package Won't Have Tangible Effect on Industry Momentum
Tuesday, May 22, 2018 The latest regulatory package from the UK government to support domestic shale exploration hasn't won over BMI Research analysts.

Egypt Sets Deadlines For Oil And Gas Exploration Bids
Tuesday, May 22, 2018 Egypt has set October 1 and October 8 deadlines for 2 major international tenders for oil and gas exploration spanning 27 onshore and offshore blocks, the oil ministry says.

Cuadrilla Applies For Injunction Covering Shale Gas Site
Monday, May 21, 2018 Cuadrilla Resources files papers in preparation for a hearing for an injunction covering its shale gas exploration operations at Preston New Road, Lancashire.

Echo Energy Announces Gas Discovery Onshore Argentina
Friday, May 18, 2018 Echo Energy plc announces a gas discovery at the ELM-1004 exploration well, which is located at the company's Fracción C asset onshore Argentina.

BEIS Issues Backing for UK Shale Gas Industry, Sets Out Support Actions
Thursday, May 17, 2018 The Secretary of State for the UK's Business, Energy and Industrial Strategy department issues his backing for the UK's onshore shale gas industry and set out a series of actions to support the sector.

Rosneft Says South China Sea Drilling Is Within Vietnam Waters
Thursday, May 17, 2018 Drilling in the South China Sea by Rosneft is within Vietnamese territorial waters, the Russian state oil firm says.

Energy Ministry: Ghana To Award Nine New Oil Blocks Off West Coast
Thursday, May 17, 2018 Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year.

Tortue Field Appraisal Well Hits 98-Feet of Hydrocarbon-Bearing Reservoir
Tuesday, May 15, 2018 The DTM-3 appraisal well, located at the Tortue field within the Dussafu License offshore Gabon, encounters approximately 98-feet of hydrocarbon-bearing reservoir.

Etinde Appraisal Drilling Campaign Due to Commence Soon
Friday, May 11, 2018 Bowleven plc says a 2 well appraisal drilling campaign on Cameroon's Etinde asset is due to commence at the end of May.

Norway Launches New Licensing Round In Mature Offshore Oil And Gas Areas
Wednesday, May 09, 2018 Norway will hold a new licensing round for its offshore oil and gas fields in already opened areas.

WoodMac: Top Conventional Wells to Watch Out for in 2018
Wednesday, May 09, 2018 More than 200 senior energy leaders and professionals identify the top conventional wells to watch out for this year in a new exploration survey conducted by Wood Mackenzie.

Argentina Offshore Auction Attracts Interest From Oil Producers
Wednesday, May 09, 2018 International oil firms have shown interest in Argentina's auction this year of offshore blocks for exploration and production.

Morocco Gas Discovery 'Significantly Exceeds' Pre-Drill Estimates
Tuesday, May 08, 2018 A conventional natural gas discovery at the LMS-1 exploration well on the Lalla Mimouna permit in Morocco has 'significantly exceeded' expectations.

Savannah Petroleum Spuds New Well in Niger Drilling Campaign
Tuesday, May 08, 2018 Savannah Petroleum plc announces that the 2nd of its 3-well Niger drilling campaign, Amdigh-1, has been spudded.

Brazil Energy Council Proposes Sept. 28 For Fifth Pre-Salt Oil Auction
Friday, May 04, 2018 CNPE has proposed Sept. 28 for a fifth auction of blocks in Brazil's choice pre-salt offshore oil play.

Repsol Asks Vietnam For Compensation After Drilling Project Halted
Friday, May 04, 2018 Repsol is in talks with Vietnam's state oil company and national authorities over compensation for the suspension of an oil drilling project in the South China Sea.

Eni Makes Oil Discovery in Egyptian Desert
Thursday, May 03, 2018 Eni SpA makes an oil discovery on the A-2X exploration prospect.

Rystad Energy: 100 Offshore Projects to be Sanctioned in 2018
Thursday, May 03, 2018 Oil market 'tailwind' likely to spark 100 offshore project sanctions in 2018.

BP, SOCAR Sign PSA for Exploration, Development Offshore Azerbaijan
Friday, April 27, 2018 BP and SOCAR sign a new production sharing agreement for the joint exploration and development of Block D230.

No Oil Majors Win Contracts In Iraq Exploration, Development Auction
Thursday, April 26, 2018 Iraq failed to attract investment from oil majors in its oil and gas exploration/development contract auction.

Oil, Gas Recruitment Firm Wins Geothermal Drilling Project Contract
Thursday, April 26, 2018 Ably Resources wins a contract for a joint-venture geothermal drilling project in the Netherlands.

Regulator: Mexico's Pemex Will Tender For Partners In Seven Onshore Areas
Thursday, April 26, 2018 Mexico's CNH says that Pemex will tender for partners in seven onshore areas.

Oil Discovery at Rabul 4 Well in Egypt
Wednesday, April 25, 2018 Oil has been discovered at the Rabul 4 well in Egypt's West Gharib Concession.

Brazil's Upcoming Pre-Salt Oil Round Attracts Record Interest
Tuesday, April 24, 2018 A record 16 companies have said they will take part in Brazil's scheduled June auction for the right to explore offshore oil blocks in the country's high-potential pre-salt area.

Onshore Niger Well Hits Oil
Monday, April 23, 2018 British independent oil and gas company Savannah Petroleum plc announces that an oil discovery has been made at the Bushiya-1 exploration well, located onshore south east Niger.

Thai Petroleum Fields Auction to Begin Tuesday -Energy Minister
Monday, April 23, 2018 Thailand will begin auctions on Tuesday for petroleum fields in the Gulf of Thailand, Minister of Energy Siri Jirapongphan said on Monday.

Iraq to Auction Oil Exploration Contracts on Thursday
Monday, April 23, 2018 Iraq is offering 11 new blocks for exploration in border areas with Iran and Kuwait and in offshore Gulf waters.

Norway's Odfjell Drilling to Expand Fleet as Rig Market Recovers
Friday, April 20, 2018 Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on Friday.

Explorers Crank Rig Count Higher as US Crude Supplies Dwindle
Friday, April 20, 2018 Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014.

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