Exploration news

TGS has begun field operations on the West Kermit 3D seismic survey in the Delaware Basin. This project will encompass a minimum of 150 square miles in Loving and Winkler Counties, TX.

Egdon Resources plc has announced that it has now completed the acquisition of an additional interest in PEDL201 in the Company’s East Midlands core area.

Lundin has received consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field.

Pantheon confirms that the VOBM#2H sidetrack well, Polk County, onshore East Texas, has been drilled to a total measured depth of ~16 450 ft and will now be completed ahead of testing.

AzEire Ltd., the Ireland focused oil and gas exploration company has announced that it has been awarded an extension to its 100% working interest FEL 1/13 Licence in the Porcupine Basin.

Java Offshore Sdn Bhd has completed the acquisition of a majority stake in Asian Geos Sdn Bhd, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific market.

PGNiG has obtained interests in two more exploratory and production licenses in the Norwegian Sea as well its first production license in Pakistan.

The company has received a letter of award from TGS-NOPEC Geophysical Company ASA for acquiring 30 000 km2 of 3D multi-client data in Europe.

Additional content enables geoscientists to de-risk exploration and development projects and maximise ROI more efficiently than before.

Rystad Energy concludes that the 2016 total offshore discovered liquids resources reached only slightly below 2.3 billion bbl, 90% lower than in 2010.