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Drilling & Exploration News Archive 2011

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Statoil and ExxonMobil Jointly in Faroes

ExxonMobil Exploration & Production Faroe Islands Limited to acquire 50% interest in Licenses 009 and 011 and 49% interest in License 006, where Atlantic Petroleum is a minority owner with 1% interest.
01/03/2011  More »

Chevron Announces Further Natural Gas Find in Australia

Chevron Corporation announce further drilling success in the Carnarvon Basin offshore Western Australia, Australia's premier hydrocarbon basin. Orthrus-2 well is located in the WA-24-R permit area approximately 60 miles (100 kilometers) northwest of Barrow Island.
09/02/2011  More »

Statoil: Discovery Close to Gullfaks

Statoil find gas and condensate around two kilometres west of the Gullfaks South field in the middle sector of the North Sea. The size of the discovery is estmated at between 19 and 75 million barrels of recoverable oil equivalent.
09/02/2011  More »

Drilling Update - Catcher North

Premier announces Catcher North well (UK28/9-03) located in the UK Central North Sea encountered gas and oil bearing sandstones. Initial analysis indicates a total of 34ft of net hydrocarbon pay.
08/02/2011  More »

Scottish and Southern Energy: Acquisition of Upstream Assets

SSE (Scottish and Southern Energy plc) completes the acquisition from Hess Limited, of North Sea natural gas and infrastructure assets.
02/02/2011  More »

Petrofac to Lead Development of Berantai Field For Petronas

Petrofac signs Risk Service Contract to lead the development of the Berantai field, - offshore Peninsular Malaysia, for Petroliam Nasional Berhad ('Petronas'), the Malaysian national oil company.
31/01/2011  More »

New Discoveries in the Moho-Bilondo License in the Republic of the Congo

Total announces discoveries from the Bilondo Marine 2 and 3 wells (BILDM-2 and BILDM-3), drilled in a water depth of 800 metres in the central area of the Moho-Bilondo license, approximately 70 kilometres offshore the Republic of the Congo.
25/01/2011  More »

Eni and Petrochina Sign Memorandum of Understanding to Develop Business Opportunities

Eni sign Memorandum of Understanding with CNPC/Petrochina, the biggest listed national oil company in the world. The Memorandum of Understanding sanctions a broad spectrum of possible business opportunities to the benefit of both parties in China and internationally.
21/01/2011  More »

Total Acquires Interests in Several Licenses in Argentina to Appraise Shale Gas Potential

Total acquires interests in four exploration licenses in Argentina in partnership with YPF in order to appraise their shale gas potential.
14/01/2011  More »

Drilling Update: Cormoran-1 Exploration Well

Dana Petroleum advises that Cormoran-1 exploration well has been drilled to total depth of 4,695 metres below sea level and plugged and abandoned as a gas discovery.
10/01/2011  More »

Tullow Oil: Tweneboa-3 Appraisal Well Confirms Greater Tweneboa Area Resource Potential

Tullow Oil's Tweneboa-3 appraisal well in the Deepwater Tano licence offshore Ghana successfully encounters gas condensate in excellent quality sandstone reservoirs.
10/01/2011  More »

New Gas and Condensate Discovery in the West of Shetland

Total E&P UK makes new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields.
06/01/2011  More »

Premier Oil Drilling Update - Varadero Oil Discovery

Premier Oil's Varadero (28/9-02) exploration well, located in the UK Central North Sea, successfully encountered excellent quality oil bearing sandstones.
04/01/2011  More »

Lundin Petroleum Completes Exploration Well in Norway

Lundin Petroleum completes exploration well 16/7-9 on the Norall prospect located in Block 16/7, (PL409), in the central part of the North Sea on the Norwegian Continental Shelf.
04/01/2011  More »

Halliburton Wins Contract for Jasmine

Halliburton awarded contract by ConocoPhillips for directional drilling, logging-while-drilling and surface data logging services to help develop the high temperature Jasmine discovery in the central North Sea.
20/12/2010  More »

Marathon Signs Agreement for Sale of Its Interests in PL 025, PL 048E and PL 187 on the Norwegian Continental Shelf

Marathon Oil Corporation, through its wholly owned subsidiary Marathon Petroleum Norge AS, announces signing of sales agreement with Statoil Petroleum AS for all of Marathon's interests in production licenses PL 025, PL 048E and PL 187 on the Norwegian Continental Shelf.
16/12/2010  More »

Marathon Announces Bravo-1 Exploration Well Results in Deepwater Indonesia

Marathon Oil announces results of deepwater Bravo-1 well drilled in the northeastern portion of the Pasangkayu production sharing contract area offshore the island of Sulawesi in the Makassar Strait, Indonesia.
13/12/2010  More »

Lundin Petroleum Completes Exploration Well in Norway

Lundin Petroleum announces completion of exploration well 3/8-1 on the Barchan prospect located in Block 3/8, (PL400), in the southern part of the North Sea sector of the Norwegian Continental Shelf.
13/12/2010  More »

Repsol YPF Announces New Discovery in the Neuquen Province

As part of the 2010/2014 exploration and production development programme, four tight gas exploration wells were drilled in the Loma La Lata area, in the Neuquen Province. The presence of 4.5 TCF of non-conventional gas was verified.
07/12/2010  More »

Lundin Petroleum Awarded New Production Sharing Contract in Indonesia

Lundin Petroleum AB awarded new production sharing contract for the South Sokang Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on December 6, 2010. The block is located in the Natuna Sea, offshore Indonesia.
07/12/2010  More »

Lundin Petroleum: Norall Exploration Well in PL409 Spudded, Offshore Norway

Lundin Petroleum AB announces that drilling of exploration well 16/7-9 on the Norall prospect has commenced. The well is located in licence PL409 in the Norwegian North Sea.
06/12/2010  More »

Statoil Awarded Licences Offshore Canada

Statoil awarded interests in four new licences offshore Canada, including a Significant Discovery Licence and three Exploration Licences off the coast of Newfoundland.
02/12/2010  More »

BG Group: Second Tanzanian Well Also Discovers Gas

BG Group today announced that its second Tanzanian exploration well, Chewa-1, also discovered gas. The well, located in Block 4 approximately 80 kilometres offshore southern Tanzania in a water depth of around 1 300 metres, is some eight kilometres north-west of BG Group's Pweza-1 gas discovery announced in October.
01/12/2010  More »

Lundin Petroleum: Apollo Prospect Further Oil Discovery in the Greater Luno Area

Lundin Petroleum successfully completes drilling of the 16/1-4 exploration well in PL338 targeting the Apollo prospect. The well has been plugged and abandoned as an oil discovery.
01/12/2010  More »

New License Awards Offshore Greenland

Statoil and its consortium partners - Shell and GDF Suez - awarded two large exploration blocks in the Baffin Bay bid round in West Greenland. Shell will be the operator of both blocks.
26/11/2010  More »

BP Awarded Exploration Block in Indonesia

BP awarded 100 per cent interest in the North Arafura oil and gas production sharing contract (PSC) in onshore Papua Province. PSC was signed in Jakarta by representatives of the Government and BP.
26/11/2010  More »

Total Revives Its Exploration Activities in Gabon

Total announces that the Gabonese government has approved the acquisition by its subsidiary Total Gabon of interests in three onshore exploration licenses in the sedimentary basin of Gabon.
25/11/2010  More »

BP Makes a Significant Deep Gas Discovery in Egypt's West Nile Delta

BP Egypt announced today that it has made a significant gas discovery in the Deepwater West Nile Delta area. The Hodoa discovery is located in the West Mediterranean Deepwater, Nile Delta concession, some 80 km northwest of Alexandrias.
24/11/2010  More »

First Multinational Research Center Dedicated to Exploration and Production Activity in Brazil

Schlumberger inaugurate new research and geoengineering center in Rio de Janeiro, Brazil. The Brazil Research and Geoengineering Center is designed to promote the integration of geosciences and engineering to improve hydrocarbon production and recovery from the complex deepwater reservoirs and pre-salt carbonates offshore Brazil.
16/11/2010  More »

KCA DEUTAG Awarded Multimillion Euro Shale Oil Drilling Contract by HESS in France

KCA DEUTAG awarded contract by HESS Oil France S.A.S with a total firm contract value in excess of €6.5 million. Contract comprises drilling of six firm wells in the Paris Basin permits with two further well options.
15/11/2010  More »

Putting on the Pressure Under Water

Statoil and its partners on Åsgard opt for subsea gas compression to help recover the big remaining reserves in this Norwegian Sea field. Similar projects elsewhere are in the pipeline.
09/11/2010  More »

BP Awarded Seven Exploration Licences in UK North Sea

BP awarded licence interests in seven offshore exploration blocks in the UK's 26th Seaward Licencing Round.
03/11/2010  More »

Two New Wins Strengthen Expro's Presence in North Africa

Expro awarded two new contracts in Tunisia. Both new contracts include drill stem testing work, demonstrating Expro's ability to provide the complete package of exploration and appraisal well testing services to its customers.
03/11/2010  More »

Nexen Provides Update on Gulf of Mexico Deepwater Drilling Rig

Nexen Inc. announces that, as a result of issues arising from the moratorium in the Gulf of Mexico, it has signed an amended agreement with Ensco regarding the ENSCO 8502, an ultra-deepwater semi-submersible drilling rig.
29/10/2010  More »

Premier Oil: Results of the 26th UK Oil and Gas Licensing Round

Premier Oil announce the provisional award of five new licences in the 26th UK Licensing Round announced yesterday by the Department of Energy and Climate Change.
28/10/2010  More »

ExxonMobil Announces Successful Drilling of Point Thomson Wells

ExxonMobil announced today that it successfully drilled and tested the PTU-15 and PTU-16 development wells for the Point Thomson project on Alaska's North Slope, ahead of the year-end 2010 target.
27/10/2010  More »

Faroe Petroleum: UK 26th Licensing Round Awards

Faroe Petroleum provisionally awarded four new exploration licences west of Shetland under the UK 26th Licensing Round, the results of which were announced by the Minister of the Department of Energy and Climate Change yesterday.
26/10/2010  More »

BP and SOCAR Sign Shafag-Asiman PSA

BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) sign new production sharing agreement on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea.
07/10/2010  More »

Second Successful Cladhan Appraisal and Update on Catcher Operations for EnCore Oil

EnCore Oil announces initial results of the second side-track on UK Northern North Sea Block 210/29a which contains the Cladhan discovery.
04/10/2010 More »

Repsol and Sinopec Form Alliance in Brazil

Repsol and China's Sinopec enter into an agreement to jointly develop the projects of Repsol Brasil, the upstream subsidiary of Repsol in Brazil, creating one of Latin America's largest energy companies, valued at $17.773 billion.
01/10/2010 More »

Hess Completes Transactions for Valhall and Hod Fields

Hess Corporation announces completion of two transactions that bring Hess' interests in a pair of Norwegian North Sea offshore fields, Valhall and Hod, to 64.05 percent and 62.5 percent respectively.
30/09/2010 More »

Dudley Sets Up New Safety and Risk Unit and Signals Sweeping Changes at BP

BP to create new safety division with sweeping powers to oversee and audit the company's operations around the world. The Safety & Operational Risk function will have authority to intervene in all aspects of BP's technical activities.
29/09/2010 More »

EnCore Catcher Rig Contract

EnCore Oil announce rig contract signed to enable further drilling to take place in UKCS Central North Sea Block 28/9, where the Catcher discovery was made in June this year.
27/09/2010 More »

Nexen Announces Resource Estimate for Appomattox in the Gulf of Mexico

Earlier this year, Nexen made a significant discovery in the deep-water Gulf of Mexico at Appomattox, located in Mississippi Canyon blocks 391 and 392. Drilling activities resulted in an oil discovery with excellent reservoir quality following an exploration well and two appraisal sidetracks.
27/09/2010 More »

Lundin Petroleum Spuds the Apollo Prospect Exploration Well 16/1-14 on PL338, Offshore Norway

Lundin Petroleum announces that drilling of exploration well 16/1-14 in PL338, has commenced. The well will target the Apollo structure, which is situated immediately to the south of the Draupne field in PL001B, and some 5 kms northwest of and down-dip from the Luno field located in PL338.
24/09/2010 More »

Apache to Develop Macedon Field in Western Australia

Apache Corporation to proceed with development of the Macedon gas field in the Exmouth Basin in Western Australia. The project will commercialize natural gas from offshore production license WA-42-L, located 60 miles (100 km) west of Onslow.
23/09/2010 More »

Sasol Signs Exploration and Production Contract for Concession Area A, Onshore Mozambique

Sasol sign agreement to explore for gas in concession Area A covering approximately 8370km2 onshore Mozambique. Concession Area A is adjacent to Sasol's existing Pande and Temane gas fields.
22/09/2010 More »

Chevron Acquires Deepwater Exploration Lease in the Turkish Black Sea

Chevron Corporation's Turkish subsidiary signs Joint Operation Agreement with Turkey's state oil company for an exploration license in the Black Sea. Chevron will acquire a 50 percent interest in a western portion of License 3921, an 8,700 square mile (22,505 square km) block located 220 miles (350 km) northwest of the capital city of Ankara.
20/09/2010 More »

Lundin Petroleum Makes Signifcant Discovery Offshore Norway

Lundin Petroleum AB announces that the drilling of exploration well 16/2-6 on the Avaldsnes prospect resulted in a significant oil discovery. The well is located in Block 16/2, part of production licence PL501, in the central North Sea sector of the Norwegian Continental Shelf.
17/09/2010 More »

Tullow Oil Announces Owo-1 Sidetrack Confirms Major Oil Discovery

Tullow Oil announces that the Owo-1 exploration sidetrack in the Deepwater Tano licence offshore Ghana significantly extended the column of high quality light oil discovered by the Owo-1 well. Results of drilling, wireline logs and samples of reservoir fluids confirm that Owo is a major new oil field.
13/09/2010 More »

Marathon Ramps Up Production on Deepwater Gulf of Mexico Droshky Development

Marathon Oil Corporation provides update on its Droshky development in the deepwater Gulf of Mexico, which began operations on time and under budget on July 15, 2010, and has since ramped up production to approximately 45,000 net barrels of oil equivalent per day.
08/09/2010 More »

CNOOC Sign Amendment Agreements to PSC for Three Deepwater Blocks

CNOOC parent company, China National Offshore Oil Corporation, signs amendment agreements to the Production Sharing Contracts with Chevron China, BP China, and Devon Energy Corporation for deepwater blocks 42/05, 64/18 and 53/30 in South China Sea.
08/09/2010 More »

Dana Gas Announces New Discovery and Start of New Production in Egypt

Dana Gas PJSC announced a new gas discovery in the Nile Delta, Egypt. The discovery well 'South Abu El Naga-1ST', located in the West El Manzala Concession, encountered 7.2 and 12.6 metres of net pay in the Abu Madi Upper and Lower formation respectively, and 4.8 metres in the Kafr El Sheikh formation.
05/09/2010 More »

Eni Awards Halliburton Contract to Provide Multiple Energy Services in Iraq

Halliburton awarded contract by Eni to provide a range of integrated energy services toward the redevelopment of the Zubair field in southern Iraq. Work for the multi-million dollar contract is underway.
31/08/2010 More »

Five North Sea Oil Discoveries in One Year for Wintershall

Wintershall continues to make headway on the path to becoming one of the leading operators on the Norwegian continental shelf. The company has now discovered five new oil fields in the North Sea in just one year.
30/08/2010 More »

Sasol Announces Assignment of Participating Interests in Sofala and M-10 Licenses Offshore Mozambique to Empresa Nacional de Hidrocarbonetos

Sasol announces assignment of participating interests in the Sofala and M-10 licenses offshore Mozambique to Empresa Nacional de Hidrocarbonetos.
24/08/2010 More »

Dana Petroleum Statement in Response to Announcement by Korea National Oil Corporation ("KNOC")

Board of Dana notes the announcement by KNOC today of the terms of a cash offer to be made for the entire issued and to be issued ordinary share capital of Dana at 1800 pence per share and the terms of a cash offer for the Dana Convertible Bonds (the "Offers").
20/08/2010 More »

Oil and Gas Discovery East of Gudrun

Oil and gas estimated at between three and 19 million barrels of oil equivalent have been found by Statoil roughly three kilometres east of the Gudrun field in the North Sea.
19/08/2010 More »

Premier Oil Drilling

Premier Oil Drilling Provide Update on Oates, West Rochelle, Catcher.
19/08/2010 More »

Eni Enters Democratic Republic of Congo Through Acquisition of 55% of the Ndunda Block

Eni enters Democratic Republic of Congo by signing farm-in agreement with UK-based Surestream Petroleum to acquire 55% and operatorship in the Ndunda block.
16/08/2010 More »

Chevron Announces Significant Natural Gas Find in Australia

Chevron Corp. announces further drilling success in the Carnarvon Basin offshore Western Australia, Australia's premier hydrocarbon basin. Acme-1 exploration discovery well is located in the WA-205-P permit area offshore Western Australia approximately 93 miles (150 km) from Onslow.
16/08/2010 More »

Baker Hughes and Iraqi South Oil Company Sign Strategic Alliance Agreement

Baker Hughes signs three-year strategic alliance with Iraq's South Oil Company to provide technical services to SOC's wireline logging department in Burj Esya, Basra south Iraq.
11/08/2010 More »

CLOV Development in Angola Approved

Development of the CLOV project on Block 17 in Angola approved by the partners and the principal contracts awarded. Statoil has a 23.33% stake in Block 17. The CLOV project is the fourth development pole in this deepwater block after Girassol, Dalia and Pazflor.
11/08/2010 More »

Expro Wins Well Test Contract in Algeria

Expro awarded well testing contract in the South West of Algeria. The contract will see Expro provide specialist well testing services and equipment on up to nine wells, commencing in September 2010.
10/08/2010 More »

Eni sells 100% of Padana Energia to Gas Plus

Eni reaches agreement with Gas Plus to sell its 100% stake of Padana Energy, a company which holds exploration permits and concessions for development and production of hydrocarbons in Northern Italy.
07/08/2010 More »

Acergy S.A. Awarded $1.3 Billion Contract for Deepwater Development Offshore West Africa

Acergy S.A. awarded contract valued at approximately $1.3 billion for the engineering, procurement, fabrication and installation of a significant deepwater development, offshore West Africa.
29/07/2010 More »

KCA DEUTAG Engineering Division, RDS, Awarded Contract for AIOC Chirag Oil Project Execute Phase

RDS awarded contract for the Chirag Oil Project "Execute" phase by the Azerbaijan International Operating Company, operated by BP. Following project sanction, RDS will perform the COP "Execute" phase including detail design, follow-on engineering and construction & commissioning support.
27/07/2010 More »

Sasol Announces Award of Joint Application with Statoil ASA and Chesapeake Energy

Sasol announces successful award of joint application with Statoil ASA and Chesapeake Energy Corporation for an onshore petroleum Technical Cooperation Permit in South Africa.
19/07/2010 More »

Aker Solutions Wins Drilling Riser Contract

Aker Solutions contract to supply a further 2 500 feet riser extension to the Dragonquest (formerly Titanium Explorer) rig, which is owned by Valenica Drilling and managed by Vantage Drilling Company.
09/07/2010 More »

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