USGS estimates 3.6 billion bbl of oil in Alaska's Central North Slope
One of the most productive areas in the world for oil remains rich in the resource, according to the latest USGS assessment.
Exploration
SAExploration secures two contracts for 3D/4D data acquisition offshore West Africa
The projects are valued at approximately US$42 million and are scheduled to occur primarily during 2Q20.
Tulip Oil gives update on Netherlands and Germany operations
The company has announced that the Q10-A field offshore the Netherlands produced 258 million m3 of gas during 4Q19, compared to 203 million m3 in 3Q19.
ION signs agreement for 2D and 3D programmes offshore Colombia
The agreement with Colombia’s National Hydrocarbon Agency, the ANH, grants rights to reprocess existing data and acquire new 2D and 3D multi-client programmes offshore Colombia’s Caribbean coast.
Europa Oil & Gas provides Ireland farm-out update
The company is prioritising securing a partner to drill its flagship prospect in Ireland, the Inishkea prospect which lies on Frontier Exploration Licence 4/19 in the Slyne Basin.
Wood Mackenzie explains how the energy transition is placing additional pressure on exploration activities
2020 will be key as sector moves towards low-carbon future.
Shearwater to conduct 3D campaign for ONGC
The 4-month survey will cover 2000 km2 of 3D in a shallow-water area of the Arabian Sea.
Africa Energy provides update on exploration activities
The company has announced that the Luiperd-1 well in block 11B/12B offshore South Africa is due to spud in 2Q20.
Polarcus begins Cygnus survey offshore Australia
The 3D survey is taking place in the Vulcan Sub-basin, offshore north-west Australia.
More Exploration news
Offshore exploration and production licence in Angola awarded to Eni
The licence awarded to Eni is located in deep water in the unexplored Namibe Basin.
Wressle development granted planning consent on appeal to Europa Oil & Gas
Work will now begin on discharging the planning conditions and the detailed planning for the development works at the Wressle oilfield.
Axxis Geo Solutions commences survey in Middle East
Work on the 3D ocean bottom node seismic acquisition survey will continue through most of 1Q20.
GlobalData: Oil and gas companies getting attracted towards enormous resource potential of the Arctic region
GlobalData's thematic report, ‘Arctic Exploitation’, evaluates the competitive position of different Arctic countries in tapping the hydrocarbon reserves of the region.
ION to conduct 3D reimaging programme offshore Uruguay
ION is reimaging 22 000 km2 of data over the country’s deepwater blocks to create a contiguous volume for a holistic exploration perspective of the margin.
Tower Resources given one-year extension for Thali licence exploration
The extension is for the purpose of completing the NJOM-3 well currently in process on the Njonji structure.