Exploration news

CNOOC EnerTech will a number of critical pre-drilling permitting and logistical requirements for the LH 17-2-1 exploration well at the Jade prospect on Block 29/11, offshore China, due to be spudded in December 2021.

The Ramform Sovereign, owned by PGS, has commenced acquisition of a multi-client 3D survey in the Sarawak Basin.

A total of 839.5 km of high-resolution 2D seismic data was acquired during the survey at the Cabora Bassa project in Zimbabwe.

The Sapote-1 well offshore Guyana encountered non-commercial hydrocarbons in one of the deeper exploration targets, following drilling by the Stena DrillMAX drillship.

Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in in exploration well 6407 / 1-9 - Egyptian Vulture, corresponding to 19-62 million barrels.

The project will encompass approximately 6800 km2, with final products expected in 4Q22.

Versal is an independent, secure, cloud-based, multi-client seismic data ecosystem where clients can easily access all their data and entitlements in one place.

Equinor’s preliminary estimate of recoverable resources in the Egyptian Vulture discovery is 19 to 63 million boe (gross) and the oil-in-place volume has been estimated at 220 to 440 million boe (gross).

The strategic collaboration has a global scope, with an initial focus on the North Sea.

The agreement allows the consortium to acquire, promote and license multi-client seismic programmes, including new 3D acquisition and legacy data reprocessing, in the shallow water acreage offshore Suriname.