Exploration

The company has upgraded its full year oil production guidance to 21 000 – 23 000 bpd from 19 000 – 22 000 bpd.

The marine acquisition surveys will be carried out by the Amazon Conqueror, starting in 3Q19.

Solo will divest its interest in Burj Petroleum Africa, a company which had applied for various undeveloped fields in the 2014 Nigerian Marginal Fields Bid Round, for a nominal consideration of £1 to Burj Petroleum Corp., an existing shareholder.

The 4-month survey will start in 3Q19 and will be conducted by the Polar Express immediately after its completion of a full North Sea summer season.

The country's ongoing bidding round, which includes 10 onshore blocks in the Namibe and Benguela basin, will be presented at Africa Oil & Power 2019 in Cape Town, South Africa.

The project will comprise reimaging data from three overlapping seismic surveys totalling 3600 km2 that were acquired between 1999 and 2008.

The Annie gas discovery is the first by an offshore well in the Otway Basin, offshore Victoria, Australia, in 11 years.

Most of the companies that are active on the Norwegian shelf have submitted applications in this year’s Awards in Predefined Areas (APA) round.

VIC/P75 is in the central area of the Gippsland Basin offshore Victoria, Australia.

The Obiafu-41 Deep well is anticipated to deliver in excess of 100 million ft3/d of gas and 3000 bpd of associated condensates.

CGG is expecting to generate positive Net Cash Flow this year, for the first time since 2012.

The licenses were given to INA, Vermilion Energy, Aspect Croatia and Crodux Derivati.

The acquisition of approximately 200 000 datasets quadruples Enverus’ interpreted well log catalogue.

Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.

The XWI algorithm, which enables data-driven earth model building, helped Tullow Oil to strike oil at the Jethro-1 well earlier this month.