Exploration

88 Energy Limited has announced the following update for its projects located on the North Slope of Alaska.

The Queensland Government has announced that Santos, along with their GLNG JV partners and APLNG, are the successful bidders for the 86km² PRL2016/17-1A block, located directly west of their Arcadia gas field in the Bowen Basin.

The Petroleum Safety Authority Norway have given Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea.

Algeoland will deploy the Sercel equipment to conduct a major 3D seismic survey over a 2000 km² area of the Rhourde-Nouss desert region in north east Algeria, on behalf of the national oil company.

In Mexico’s shallow water bid round 3.1, Deutsche Erdoel Mexico was awarded two blocks with its partners Pemex Exploration and Production and CEPSA and one block jointly with its partners Sapura E&P and Premier Oil. In all three blocks, the affiliate of the German E&P company DEA, Deutsche Erdoel Mexico will be the operator.

Minor oil discovery north-west of the Gjøa Field in the North Sea – 35/9-13, 35/9-14 and 35/9-14 A

CGG GeoSoftware has donated its Jason and HampsonRussell seismic reservoir characterization software suites to Delft University of Technology (TU Delft) in the Netherlands.

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf.

INPEX CORPORATION announced that through INPEX Browse E&P Pty Ltd (INPEX Browse), a subsidiary, it was individually awarded an exploration permit for Release Area WA-533-P (the Block) as Operator in Australia’s 2017 Offshore Petroleum Exploration Acreage Release.

The play opening billion-barrel Jubilee oil discovery in Ghana in 2007 triggered a decade of exploration drilling chasing analogues in the deep water Central Atlantic margins.

The North Vulcan 3D multi-client reimaging programme covers the northern part of the Vulcan sub-basin offshore northwest Australia in an area known for complex imaging challenges.

The acquisition of Maersk Oil allows the Group to reinforce its existing leading positions in the U.K. and in Norway, as well as to enter Denmark, making Total the second-largest operator in the North Sea.

In a still challenging market overall, the Group achieved a robust 22% growth in fourth quarter revenue year-on-year.

Tullow Oil Plc, Anadarko Petroleum Corporation, Kosmos Energy Ltd, and CEF (SOC) Ltd represent the companies with the largest licensing presence in Ghana, each participating in four blocks.

TAG Oil Ltd. has provided the following update with respect to TAG Oil’s operated Pukatea-1 exploration well located in the Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki Basin of New Zealand.