Erin Energy discovers Hydrocarbons in Oyo-NW Well
Erin Energy Corporation has announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.
Exploration
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Shell announces large deepwater discovery in Gulf of Mexico
The company has announced one of its largest US Gulf of Mexico exploration finds in the psat decade from the Wale deepwater well.
Total announces major deepwater discovery In the Gulf of Mexico
Total announces a major oil discovery in the Ballymore prospect, located deep offshore in the U.S. Gulf of Mexico (Eastern GoM). The well was drilled to a final depth of 8898 m and encountered 205 m of net oil pay in a high quality Norphlet reservoir.
BP makes two new North Sea discoveries
The new exploration discoveries are Capercaillie, which it a 100% owner of, and Achmelvich, which it has a majority stake in.
Jersey Oil & Gas confirms summer follow-up drilling plans for Verbier discovery
At least one well will be drilled to follow-up and appraise the Verbier oil discovery this year.
Third successful well result on the SM 71 development
The well reached a total depth of 7717 ft MD in 22 days and ahead of schedule. First production from all three wells is expected March 2018.
Jersey Oil and Gas have provided an operational update
Jersey Oil & Gas has announced that the co-venturers in respect of UKCS Licence P.2170, which contains the Verbier oil discovery and the Cortina prospect, have approved a work programme and budget for 2018.
Rose Petroleum plc: multiple drilling targets identified by 3D seismic data
Rose Petroleum plc has now completed the initial structural interpretation of the 3D seismic data it acquired over its Gunnison Valley Unit which is part of its larger lease holding in the Paradox Basin, Utah, USA.
Mexico to auction 29 deep-sea exploration zones on 31 January
Pemex, ExxonMobil, Shell are among the drillers contemplating bids.
DNV GL: Oil and gas professionals expect substantial rise in capex, opex and R&D in 2018
Confidence within the oil and gas industries has surged after a difficult three years, according to a survey by DNV GL.
Total enters anchor discovery in the Gulf of Mexico
Total has reinforced its position in deepwater Gulf of Mexico by signing an agreement with Samson in order to acquire Samson Offshore Anchor, LLC.
SDX Energy Inc. discovers gas in ONZ-7 well in Morocco
The ONZ-7 well was drilled to a total depth of 1167 m with five m of net conventional natural gas pay in the Hoot formation. The well came in on prognosis but reservoir quality exceeded initial expectations, encountering porosity in the pay section of 35.3%.
Carnarvon provides update on the Belgravia Prospect within its Outtrim Project
The Belgravia prospect lies within the north westerly graticular block of the WA-155-P(1) permit, adjacent to the Swell-1 exploration well.
Cespa and Sontrach sign a new exploitation contract with Alnaft for the RFK field in Algeria
The new contract will have a duration of 25 years and is the first contract under the hydrocarbon law 05-07 for an oilfield in production.
Significant Italian gas discovery confirmed for Po Valley
Strong gas flows on test have confirmed a significant commercial discovery for Australia’s Po Valley Energy Limited at its new Selva gas field in northern Italy.