Exploration

Statoil is set to commence an exploration drilling campaign on the UK Continental Shelf, for which three wells will be drilled.

Caspian Sunrise PLC has shared an update on its operations in its BNG exploration contract area.

Statoil has received consent to drill an exploration well in block 7435/12 of Barents Sea.

BP continues to make progress in shifting its exploration portfolio toward natural gas and advantaged oil.

Elsevier’s information solution for exploration and development is set to strengthen oil and gas companies’ ability to analyse and prioritise opportunities.

Polarcus Limited has announced that it has received an award for a 3D project offshore West Africa, to commence early in Q4 2017 with a scheduled duration of one month.

The topside for the Oseberg Vestflanken 2 Unmanned Wellhead Platform recently sailed out from Heerema Zwijndrecht.

Seabed Geosolutions has been awarded a large 3D ocean bottom node (OBN) survey in the Santos Basin in Brazil. Seabed Geosolutions’ new, Manta node system will be used.

ION Geophysical Corporation has announced a new 2D multi-client programme offshore Gabon, EquatorSPAN™ II, in cooperation with the Gabon Ministry of Petroleum and Hydrocarbons, Direction Général des Hydrocarbures of Gabon (DGH).

An independent reserves assessment of TAG Oil’s interests suggests an approximate 27% increase in annual reserves revisions.

AWE Limited, the operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, has announced that the Waitsia-3 appraisal well reached Total Depth (TD) of 3612 m Measured Depth below Rotary Table (MDRT).

In its annual account of global oil resources, Rystad Energy finds that Saudi Arabia has added enough recoverable oil resources to regain its top position ahead of the United States and Russia.

Cooper Energy has announced that Callawonga-17, an appraisal and development well drilled by the PEL 92 Joint Venture in PPL 220, is to be cased and suspended as a future oil producer.

The new contract will run for a further three years, from 1 March 2017 to 28 February 2020.

Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study.