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.
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At least one well will be drilled to follow-up and appraise the Verbier oil discovery this year.
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 & 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 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.
The company have announced their intention to initiate the permitting process for three new wells in the Permian Basin, accelerating their original plans to develop the areas assets.
Total has reinforced its position in deepwater Gulf of Mexico by signing an agreement with Samson in order to acquire Samson Offshore Anchor, LLC.
Throughout the year, ExxonMobil has announced a number of discoveries, acquisitions and exploration activities in various countries, including Brazil, Cyprus, Equatorial Guinea, Guyana, Mauritania, Papua New Guinea, Suriname and in the United State's Gulf of Mexico.
The initial phase of the deepwater project consists to two development wells in Keathley Canyon 829 and a six mile subsea tieback to the Lucius plat form at Keathley Canyon 875.
The line of equity financing comes from funds affiliated with Warburg Pincus, a global private equity firm focused on growth investing.
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.
The 2018 Cameroon Licensing Round opened on 15 January 2018 and will close on 29 June 2018.
The awarded licences include four operatorships and production opportunities in Norway and the UK.