Exploration

Start-up is expected during 2Q22 and the project will run for approximately 1 month.

The project, in support of India's licence round schedule, encompasses over 250 000-line km of existing 2D data across an area of over half a million km2 offshore India's east coast.

The Noble Tom Prosser jack-up drilling rig has completed the move to the Pavo-1 well location offshore Western Australia and has concluded the jack-down and other pre-drill operations.

ReconAfrica is to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence in the Kavango Basin, Namibia.

Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, multicomponent, time-lapse 4D processing and advanced imaging offered by the Shearwater Reveal software platform.

The interval just drilled by Melbana Energy at the Alameda-1 exploration well commenced at approximately 3077 mMD (2970 mTVD), indicating a potential gross reservoir interval of possibly as much as 500 mMD (450 mTVD).

Petrofac has been awarded two new contracts with Cairn Oil & Gas, Vedanta Ltd.

It is anticipated that further exploration activity, including a second exploration well, will be required to determine the size and recoverable potential of the identified hydrocarbons at the Graff-1 deepwater exploration well.

Drilling is expected to commence within the next week after allowing for towing and set up.

Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni, indicate between 1.5 – 2 trillion ft3 of raw gas in place.

The well was drilled about 65 km northwest of Florø and about 60 km north of Gjøafeltet in the northern part of the North Sea.

The two-month programme covers the Keraudren North Extension with an area of approximately 680 km2 in the Bedout Basin, and the Petrel Sub-Basin 3D survey of approximately 1100 km2.

Vår Energi and Lundin Energy Norway have joined Shearwater and Equinor to accelerate the development and commercialisation of a sustainable marine vibratory source technology.

Wireline logging operations have been completed on the well, with the oil column deemed to be residual and uncommercial.

Of the 53 production licences, 28 are in the North Sea, 20 are in the Norwegian Sea and 5 are in the Barents Sea.