Exploration News


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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.

Israel's Ratio Oil Expected Signs Philippines Exploration Deal
Tuesday, September 04, 2018 Israel's Ratio Oil Exploration has signed a long-awaited deal to search for oil and gas in the Philippines.

Mexican Oil Auctions On Hold Until Review, Lopez Obrador Says
Friday, August 31, 2018 Mexican oil auctions are suspended until contracts already awarded over the past few years have been reviewed.

Hammerhead-1 Strikes Offshore Guyana
Thursday, August 30, 2018 The hits keep on coming offshore Guyana, where ExxonMobil, Hess and CNOOC's Nexen unit have made their ninth discovery.

Eni Makes New Gas Discovery in Egypt
Thursday, August 30, 2018 Eni has announced a discovery well on the Faramid South exploration prospect in East Obayed Concession.

Aker Energy To Submit Plan For Ghana Offshore Field In 2019
Thursday, August 30, 2018 Aker Energy will delay submitting a plan for development of its block off Ghana.

Eni Acquires Leases on Alaska's Eastern North Slope
Wednesday, August 29, 2018 Eni acquires 124 exploration leases in the Eastern North Slope of Alaska from Caelus Alaska Exploration.

Byron Energy Starts Drilling Well in US Gulf
Monday, August 27, 2018 Drilling has begun on a well in the Bivouac Peak Prospect East in Louisiana.

ExxonMobil Starts Deepwater Drilling Off Southeastern Australian Coast
Monday, August 27, 2018 ExxonMobil says it has commenced offshore exploration drilling off Australia's southeast coast.

Lundin Petroleum Raises Size Of Norway's Rolvsnes Oil Discovery
Monday, August 27, 2018 The Rolvsnes oil and gas discovery in Norway's North Sea is almost five times as large as initially thought.

CEO: Ecopetrol To Focus Spending On Drilling For Rest Of Year
Friday, August 24, 2018 Ecopetrol will focus spending for the rest of the year on increased drilling activity and securing operational licenses, its CEO says.

Dorado Discovers 171MM Barrels of Oil
Monday, August 20, 2018 Dorado, located offshore Australia, has discovered 171 million barrels of oil on a 2C basis, Carnarvon Petroleum Limited reveals.

UKOOG Welcomes Decision to Grant Ineos Bramleymoor Lane Planning Permission
Friday, August 17, 2018 Industry body UK Onshore Oil and Gas (UKOOG) welcomes the decision to grant Ineos planning permission for an exploration site at Bramleymoor Lane in Derbyshire.

Dorado-1 has Created Big Exploration Buzz around Perth
Thursday, August 16, 2018 The Dorado-1 discovery offshore Australia 'has created a big exploration buzz around Perth,' according to Wood Mackenzie's Australasia Upstream Senior Analyst Daniel Toleman.

Reduced Royalty Rates Will Lead to Even Greater Increase in GOM Activity
Thursday, August 16, 2018 Reduced royalty rates will lead to an even greater increase in activity in the Gulf of Mexico, according to the Louisiana Mid-Continent Oil and Gas Association President Chris John.

Savannah Makes Oil Discovery Onshore Niger
Wednesday, August 15, 2018 Savannah Petroleum plc makes an oil discovery at the Eridal-1 exploration well, which is situated onshore Niger.

Oil Companies Make Few Bids In US Offshore Lease Auction
Wednesday, August 15, 2018 Oil companies bid on less than 1% of the parcels offered in a sweeping US auction of Gulf of Mexico exploration leases.

Eni Plans More Offshore, Onshore Egypt Drilling
Tuesday, August 14, 2018 Eni has further strengthened its position in Egypt.

OGA Awards New Contracts to Help Stimulate UKCS Exploration Activity
Wednesday, August 08, 2018 The UK's Oil and Gas Authority (OGA) has awarded new contracts through government funding 'to continue to stimulate exploration activity on the UK Continental Shelf (UKCS)'.

India to Launch DSF Bid Round II on Thursday
Wednesday, August 08, 2018 India's ministry of petroleum and natural gas will launch DSF Bid Round II on Thursday.

China State Firms to Expand Domestic Oil, Gas Exploration After Xi's Call
Wednesday, August 08, 2018 China, the world's top energy user and also largest crude oil importer, is facing declining reserves and soaring development costs.

Australia's Quadrant, Carnarvon Hail 'Incredible' Oil Find in Sector Ripe f
Wednesday, August 08, 2018 Private equity firms are expected to drive a wave of merger activity in Australia's oil and gas sector, hunting for assets in a market with good access to China and southeast Asia.

Talos Energy Wins Discovery Award for 2017 Offshore Mexico Find
Wednesday, August 08, 2018 Pictured l-r are: Loren Long, Vice President Mexico, Talos Energy; Timothy Duncan, President & CEO, Talos Energy; Tom Wilker, SVP Subsurface, Wood Mackenzie; and John Parker, Executive Vice President Exploration, Talos Energy.

Minister: Exxon 'Very Hopeful' of Success in Discovering 'Big Cache' of Oil
Tuesday, August 07, 2018 ExxonMobil is 'very hopeful' of success in discovering a 'big cache' of oil off the Indus Delta, the Pakistan minister for maritime affairs and foreign affairs, Abdullah Hussain Haroon, said in a press statement.

Mozambique Finalises Block 5 Oil Deals with Multinational Firms
Tuesday, August 07, 2018 Mozambique's government approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for oil following four years of negotiations and delays that threatened to derail the projects.

Cuadrilla Seeks Fracking Consent for 2nd Horizontal Shale Gas Well at PNR
Friday, August 03, 2018 Cuadrilla submits an application to the UK's DBEIS for consent to conduct hydraulic fracturing operations in its 2nd horizontal shale gas exploration well at the Preston New Road site in Lancashire.

US Oil Drillers Cut Rigs for Second Week in Three -Baker Hughes
Friday, August 03, 2018 So far this year, the total number of oil and gas rigs active in the United States has averaged 1,010.

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