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Home/News/Exploration

Exploration News

Browse the latest exploration news and articles.

Second well spudded in Namibia's Kavango Basin
6 May 20212 min read

Second well spudded in Namibia's Kavango Basin

The 6-1 well, spudded by Reconnaissance Energy Africa, is designed to evaluate the petroleum systems discovered in the first well (6-2) in an area of maximum thickness.

Hibiscus Extension appraisal well encounters water
6 May 20212 min read

Hibiscus Extension appraisal well encounters water

Drilling of the Hibiscus Extension appraisal well in the Dussafu Marin offshore licence in Gabon encountered water rather than hydrocarbons.

PGNiG preparing to drill first well in UAE
6 May 20213 min read

PGNiG preparing to drill first well in UAE

The company is making design and location arrangements for the first exploration well, which will ascertain the production potential of the licence in Ras Al Khaimah Emirate where PGNiG operates.

Sercel enters negotiations to acquire Low Impact Seismic Sources
5 May 20212 min read

Sercel enters negotiations to acquire Low Impact Seismic Sources

Sercel and Low Impact Seismic Sources (LISS) have entered into exclusive negotiations for the acquisition of LISS by Sercel.

ANPG opens Congo, Kwanza blocks in ongoing bid round
5 May 20211 min read

ANPG opens Congo, Kwanza blocks in ongoing bid round

Angola’s National Oil, Gas and Biofuel’s Agency has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin.

Shearwater acquires streamers and seismic equipment
30 Apr 20212 min read

Shearwater acquires streamers and seismic equipment

Shearwater will take take over marine seismic acquisition assets previously owned by Polarcus, from Tiger Moth AS.

CGG delivers data from Agata block reimaging for Brazil’s 7th bidding round
28 Apr 20212 min read

CGG delivers data from Agata block reimaging for Brazil’s 7th bidding round

The reimaged seismic data set, covering over 9300 km2, will be accessible to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block in the Santos Basin.

ExxonMobil makes discovery in Stabroek Block offshore Guyana
27 Apr 20213 min read

ExxonMobil makes discovery in Stabroek Block offshore Guyana

The Uaru-2 discovery will add to the gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels.

Explor completes first three-component seismic survey with STRYDE nodes
27 Apr 20213 min read

Explor completes first three-component seismic survey with STRYDE nodes

Explor has recently completed the first three-component seismic survey with STRYDE nodes, following the development of a mechanical convertor to enable attachment in either single- or three-component configuration.

ASCO awarded integrated logistics management contract by Total
26 Apr 20212 min read

ASCO awarded integrated logistics management contract by Total

The work scope, which will support Total’s ongoing offshore exploration activity as operator of Block 58 offshore Suriname, sees ASCO Trinidad provide onshore logistics, pipe yard, plant and procurement services, as well as specialist lifting and training activity.

EIA: US exploration and production companies issuing new debt and equity
23 Apr 20212 min read

EIA: US exploration and production companies issuing new debt and equity

Because US producers have increased access to debt and equity (among other factors), the EIA is forecasting that US crude oil production will increase from 10.7 million bpd in 1Q21 to 12.2 million bpd in 4Q22.

CGX and Frontera Energy contract Maersk rig for Guyana exploration campaign
23 Apr 20212 min read

CGX and Frontera Energy contract Maersk rig for Guyana exploration campaign

The contract contains one firm-well in the Corentyne Block and one optional well for the Demerara Block.

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