Exploration news

Global discoveries of conventional resource volumes reached just 4.9 billion boe in the first half of 2020, Rystad Energy estimates – the weakest-performing first half of the 21st century.

Beach Energy, Cooper Energy, Leigh Creek Energy, Cordillo Energy, Gidgee Energy and Vintage Energy are the companies to have been awarded exploration licences by the South Australia State Government.

The exploration well drilled by Eni is located in the North El Hammad licence in the Nile Delta.

CGG GeoSoftware has collaborated with Alibaba Cloud to deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform.

The company will carry out the Brazil Nebula survey extension for CGG and a 3D scope for Oil India lasting 1.5 months, starting in 3Q20.

The Torngat survey covers approximately 3300 km2 and sits within Labrador Sea’s southern sedimentary basins, where frontier exploration has already successfully identified hydrocarbons.

The new joint data library will comprise nearly 1 million line km of complementary data.

The semi-submersible rig Mærsk Developer will used for a one-well exploration campaign in Block 52 offshore Suriname.

As Total and CNOOC develop billions of barrels of proven oil reserves near Lake Albert, the Ugandan government is committed to attracting more investment into the development of its hydrocarbons potential through the Second Licensing Round.

The plan released by the Interior Department’s Bureau of Land Management revokes an Obama-era management system for a huge swathe of federal land on the western North Slope, the National Petroleum Reserve in Alaska.