Exploration

The agreement with INA has been extended for a further six months to 1 November 2019.

Empyrean, Conrad Petroleum, and Coro Energy Plc have agreed the upcoming drilling programme in the Duyung PSC in the West Natuna basin, offshore Indonesia.

Agreements signed with the government of Namibia and NAMCOR will add approximately 7 million net acres to the company’s exploration acreage.

The contract is for the post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins.

Following Santos' announcement on the confirmation of a significant gas resource at Corvus-2 appraisal well, Wood Mackenzie senior analyst Daniel Toleman provides commentary.

The well reached an intermediate TD of 4880 m approximately 7 days ahead of schedule.

Acquisition of CGG’s 9800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed.

A Heads of Agreement has been signed with the Ministry of Oil and Gas of the Sultanate of Oman for the award to Total of an exploration license on Block 12.

Serica Energy has announced that exploration well 22/19c-7 in the central North Sea is not hydrocarbon bearing.

The transaction increases Pin Oak Energy’s acreage position across the Appalachian Basin to 167 000 net deep acres.

The concession covers the Puesto Rojas block in Mendoza province, Argentina.

The Rolvsnes oil discovery is located in PL338C on the southern side of the Edvard Grieg field and is a fractured and weathered granite basement reservoir.

Exploration started with a bang in 2019 with a frontier discovery by a Total led joint venture at Brulpadda in South Africa, which follows the hugely successful play opening Liza discovery in Guyana in 2015 by an Exxon led JV.

The contract is for the support of Shell’s exploration campaign in Black Sea, Bulgaria, in partnership with Bulgarian operator Bon Marine.

The oil discovery was made in the second exploratory well H2, located in the block KG-OSN-2009/3.