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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.
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.
Israel Launches 2nd Offshore Bid Round
Monday, November 05, 2018 Israel announces the launch of its 2nd offshore bid round.
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.
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.
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.
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).
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.
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.
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.
Saturno Brazil Pre-Salt Acreage Goes to Shell and Chevron
Friday, September 28, 2018 Shell and Chevron own equal stakes in the Saturno block
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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 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.
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.
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.
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.
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.