Exploration

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.

AGR will progress the preparation and submission of necessary applications to the Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).

The transaction includes a 10% share of the Nova field and a total of 11 exploration licences.

NCS SubSea provides ultra-high-resolution 3D seismic data to the oil and gas and new energy markets via their P-Cable system.

Kveikje, which lies in an area north of the Troll field in the Norwegian North Sea, is estimated to contain gross mean prospective resources of 36 million boe with further potential upside estimated at 79 million boe on a gross basis.

The Hamlet prospect is located 7 km north of the Gjøa field within the Neptune-operated PL153 Licence.

The Venus 1-X well encountered approximately 84 m of net oil pay in a good quality Lower Cretaceous reservoir.

The contracts include a range of projects with numerous customers, including Energean, Repsol, Shell, Chevron, TAQA and Harbour Energy UK.

The company has been contracted to drill the Devil’s Hole Horst appraisal well in the Central North Sea.

Located 18 km south-east of Sapakara South, Krabdagu-1 was drilled at a water depth of 780 m and encountered approximately 90 m of net oil pay in good quality Maastrichtian and Campanian reservoirs.