Exploration

This spring and summer saw buzzing activity at water depth of 1300 m on the Aasta Hansteen field. Four vessels have carried out successful field operations for nearly 200 days.

Range has announced that independent petroleum consultants, Rockflow Resources Limited (Rockflow), have completed an evaluation and independent audit of the company's oil and gas reserves and resources in Trinidad.

Karoon Gas is to acquire 35% equity interest in jointly held Santos Basin exploration blocks.

Ardyne has increased its senior management team with the appointment of industry-heavyweight Jochem Scherpenisse as COO.

According to IHS Markit, a new Apache oil and gas discovery in Southern Delaware Basin is driving interest, despite its location in a historically underperforming area.

Alvopetro Energy Ltd. has announced that it has completed the drilling of the A1 well, located on Block 256 in the Recôncavo basin in the State of Bahia, Brazil.

A PETRONAS subsidiary has licensed part of the WesternGeco Campeche wide-azimuth deepwater multiclient survey in the southern GoM.

With over 6400 km2 already acquired, Davros is the largest multi-client seismic programme ever to be acquired and processed by CGG in the Asia-Pacific region.

Suncor has announced the drilling of the first exploration well has been completed and it is non-commercial.

According to a recent EY global survey of 100 PE firms active in the sector, they are readying to deploy capital into the global oil and gas sector.

Mawson has won the right to actively explore the Kairamaat 2 and 3 exploration permits.

Spectrum has recently been awarded Tender Area 2 covering the southern Rovuma and north-eastern Zambezi Basins, offshore Mozambique.

Energy Navigator has announced it has expanded and relocated its Houston office.

The Fast Trax results are available now for license on a non-exclusive basis, with final imaging datasets expected in the summer of 2017.

EERC, the National Energy Technology Laboratory, and Hitachi High Technologies America, Inc., have announced their plans to improve the prediction of CO2 storage capacity in geologic formations.