Exploration

Resources for the entire Cambozola prospect have been estimated at 159 million boe.

The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.

Cervantes-1, an oil exploration well in the onshore Perth Basin licence L14, failed to encounter hydrocarbons.

Cloudbreak Discovery, Gondwana Petroleum Namibia Pty Ltd., Timeworn Investments Pty Ltd., Pioneer Oil and Gas Consulting CC and a Swiss-based asset manager will jointly work towards submission of an application to acquire Petroleum Exploration License 1724 in Namibia.

TGS has announced a new 3D seismic survey in partnership with Schlumberger.

The project applies a modern comprehensive broadband processing workflow to 3363 km2 of 3D data to better understand the hydrocarbon prospectivity of the Tarakan Basin.

The project will cover the Sapinhoá Shared Reservoir in the Santos Basin offshore Brazil.

The exploration blocks are located off the coasts of Sabah and Sarawak.

The well was drilled on the northern culmination of the greater Pavo structure and encountered a 60-m gross hydrocarbon column in the primary Caley member reservoir target.

Preliminary estimates of the size of the discovery in the Berkine North Basin are around 140 million barrels of oil in place.

The operations in the reservoir section are still at an early stage and it has yet to be confirmed if commercial volumes are present.

Reach Subsea has joined forces with OCTIO to strengthen its capabilities in survey and inspection data gathering.

Joint efforts by FAR and operator Petronor to farm down their interests in the Esperanca Blocks 4A & 5A and Sinapa Block 2 offshore Guinea-Bissau have been unsuccessful.

Wildcat well 34/4-18 S, drilled about 7 km north-west of the Snorre field in the North Sea, was found to be dry with no trace of hydrocarbons.

The drilling of the Muzarabani-1 exploration well will involve the Exalo #202 rig, expected to commence mobilisation to the Cabora Bassa project in May.