Exploration News


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OGA Releases More Data to Help UKCS Exploration
Wednesday, December 12, 2018 The UK's OGA is continuing to make more and more data openly available to help revitalize exploration of oil and gas in the UKCS.

Eni Makes New Oil Discovery
Monday, December 10, 2018 Eni announces a new oil discovery in the Afoxe exploration prospect, located in Block 15/06 offshore Angola.

Libya Declares Force Majeure at Largest Field
Monday, December 10, 2018 Libya declared a state of force majeure at its largest oil field after an armed group forced a production halt.

Deepwater Block Writing Guyana's Future
Wednesday, December 05, 2018 Latest discovery pushes Guyana to become LatAm oil production heavy-hitter.

Offshore Mexico Appraisal Well Spuds
Tuesday, December 04, 2018 The Zama discovery appraisal program will include three penetrations: two wells and one sidetrack.

Offshore Guyana Estimate Gets Another Upgrade
Monday, December 03, 2018 ExxonMobil reports that it made its 10th discovery offshore Guyana.

GOM Crustacean-themed Well Spuds
Friday, November 30, 2018 EnVen Energy Corp. has spud its King Crab well on Ewing Bank Block 873 in its Lobster Field.

Trump Admin to Advance Seismic Surveys in Atlantic
Friday, November 30, 2018 The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and gas under Atlantic waters.




Shale Patch Will Likely Cut Budgets Next Year
Thursday, November 29, 2018 Shale explorers will likely cut spending budgets next year for the first time since the last price crash as crude spirals down again, analysts said.

Oil Exploration Activity Will Pick Up in 2019
Wednesday, November 28, 2018 There will be a pick up in oil exploration activity next year, according to a new report.

Trump Wants to Expand Drilling in Alaskan Oil Reserve
Tuesday, November 20, 2018 The Trump administration is moving to expand the territory open for oil exploration in Alaska's National Petroleum Reserve.

Strong Interest in Latest UK Licensing Round
Wednesday, November 14, 2018 The UK's latest offshore licensing round has attracted 36 applications covering 164 blocks.

Less Appetite for Exploration Drilling
Monday, November 12, 2018 There's less appetite for exploration drilling, according to Rystad Energy.

US Adds 12 Oil Rigs This Week
Friday, November 09, 2018 The United States has added rigs four out of the last five weeks.

Croatia Launches Second Onshore License Round
Wednesday, November 07, 2018 Croatia launches its second onshore licensing round.

Eni and Lukoil Form Offshore Mexico JVs
Tuesday, November 06, 2018 Eni and Lukoil have signed a farm-out deal to transfer participating interests in three shallow-water exploration licenses offshore Mexico, Eni reported.

Israel Launches 2nd Offshore Bid Round
Monday, November 05, 2018 Israel announces the launch of its 2nd offshore bid round.

Shell Seeks Land Rig for Caribbean Campaign
Monday, November 05, 2018 Shell is requesting expressions of interest to provide a rig to drill two land wells in Trinidad planned for November 2019.

A Better Approach to Conventional Oil Exploration
Wednesday, October 31, 2018 The history of oil exploration is one of trying to overcome the odds.

UK Must Increase Cost Effective Drilling Activity
Tuesday, October 30, 2018 The UK offshore oil and gas industry needs to make a concerted effort to increase cost effective drilling activity, according to the OGA.

Important Oil Discovery in Barents Sea
Monday, October 29, 2018 A new oil discovery has been made though the Barents Sea Skruis exploration well, which is located in the Johan Castberg license.

European Majors Team Up to Explore Algeria Offshore
Monday, October 29, 2018 Eni, Total and Sonatrach sign 2 agreements which include an exclusive partnership for offshore exploration in Algeria.

Norway and Russia Sign Seismic Deal
Friday, October 26, 2018 Norway and Russia sign an agreement on mutual rights to seismic acquisition in the Barents Sea.

OGA Starts New Plan for 300MM Barrel North Sea Area
Friday, October 19, 2018 The OGA initiates a new area plan to maximize economic recovery from the Greater Buchan area of the North Sea, which it says is estimated to contain between 150 and 300 million barrels of oil equivalent.

Exxon Exploration Chief Eyes Africa for Next Elephant Oil Find
Thursday, October 18, 2018 ExxonMobil is targeting western and southern Africa for the world's next big oil bonanza.

Offshore Mozambique Block Goes to Eni
Wednesday, October 17, 2018 Eni has bolstered its presence in Mozambique.

Cuadrilla Starts UK Fracking
Tuesday, October 16, 2018 Cuadrilla starts hydraulic fracturing operations at its UK Preston New Road shale gas exploration site.

New US GOM Seismic Project for TGS and Schlumberger
Friday, October 12, 2018 TGS and Schlumberger announce a new multiclient nodal seismic project in the US Gulf of Mexico (GOM).

11 Tcf Discovery Made in Russia
Thursday, October 11, 2018 PJSC Novatek announces the discovery of a new gas field in the Ob Bay area.

Wildcatters Still a Gamble for Investors Despite Oil's Rise
Thursday, October 11, 2018 Even with talk that prices of $100 a barrel could again be in sight, investors are wary before taking the gamble.

ConocoPhillips Strikes First Oil at New Alaska Site
Wednesday, October 10, 2018 ConocoPhillips Alaska flows its first oil at the Greater Mooses Tooth #1 in Alaska's North Slope.

Upstream Unlocks Another Well in Louisiana
Tuesday, October 09, 2018 Upstream Exploration makes a gas condensate discovery onshore Louisiana.

Drillship to Spud Offshore Namibia Well
Friday, September 28, 2018 The Ocean Rig Poseidon has been mobilized to drill the Prospect S Well in Petroleum Exploration License (PEL) 71 offshore Namibia.

Saturno Brazil Pre-Salt Acreage Goes to Shell and Chevron
Friday, September 28, 2018 Shell and Chevron own equal stakes in the Saturno block

BOEM Sets GOM-wide Lease Sale
Wednesday, September 26, 2018 Lease Sale 252 will offer approximately 14,696 unleased blocks in the GOM Western, Central and Eastern planning areas.

$1B of Investments Expected from Ecuador's Latest Licensing Round
Tuesday, September 25, 2018 Ecuador hopes its latest licensing round, which includes eight onshore blocks, will be the start of something big.

Major Gas Find Offshore UK for Total
Monday, September 24, 2018 Total has made a 'major' gas discovery on the Glendronach prospect offshore UK in the West of Shetland region.

Offshore Namibia Dud Dims Outlook for New Play
Monday, September 24, 2018 Tullow Oil Plc said an exploration well off Namibia was a dud, damping enthusiasm over a frontier area that's attracted renewed interest amid oil's recovery.

Byron Energy Expands Footprint in Gulf of Mexico
Monday, September 24, 2018 The company has been notified by the BOEM that its bids for three GoM blocks were accepted.

Faroe Set to Ramp Up Exploration and Appraisal Activity
Wednesday, September 19, 2018 Norway and UK focused Faroe is set to 'ramp up' its exploration and appraisal activity in 2018 and 2019, according to a joint statement by the company's chairman and chief executive.

Cuadrilla Granted Fracking Consent for Second Horizontal Shale Gas Well
Wednesday, September 19, 2018 Cuadrilla receives hydraulic fracturing consent for its second horizontal shale exploration well at its Preston New Road site in Lancashire, UK.

UK West Shetland Seismic Survey Acquisition Commences
Monday, September 17, 2018 CGG commences the acquisition of a seismic survey in the UK West Shetland basin.

Lyon Well Offshore UK Deferred Until 2019
Thursday, September 13, 2018 The drilling of the offshore UK Lyon exploration well has been deferred until 2019, Siccar Point Energy has revealed.

Total Joins Tullow-operated Block Offshore Guyana
Thursday, September 13, 2018 Total has exercised its option to acquire a 25% working interest in the Orinduik Block offshore Guyana.

Petronas Eyes South Sudan Oil Blocks
Tuesday, September 11, 2018 Petronas is interested in developing oil blocks in South Sudan, President Salva Kiir's office says.

South Sudan Signs Extends Oil Exploration, Production Deals For 3 Blocks
Monday, September 10, 2018 South Sudan extended oil exploration and production agreements for three blocks, the petroleum minister says.

Norway Gets Bids From 38 Oil Firms In Licensing Round
Friday, September 07, 2018 A total of 38 oil companies have submitted bids for exploration acreage offshore Norway in a so-called predefined areas (APA) licensing round.

Uganda's National Oil Firm, China's CNOOC Sign Exploration Deal
Thursday, September 06, 2018 Uganda's national oil firm and CNOOC sign an agreement to jointly conduct exploration in a new block.

Tullow Oil Plans To Drill First Guyana Well In Third Quarter Of 2019
Wednesday, September 05, 2018 Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year.

Norway's Equinor To Start Drilling Brazil's Carcara Field In 2018
Wednesday, September 05, 2018 Equinor says it will begin drilling in Brazil's North Carcara oil field in 2018.

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