Exploration news

Despite the recent relative oil price recovery, dozens of US operators are still threatened by bankruptcies even at a WTI oil price of US$30/bbl, according to Rystad Energy.

The survey took place in the Petrel field, located in the Bonaparte Basin.

Version 4.5.0 of the facies map browser allows users to expand their subsurface knowledge of these regions of exploration.

The three surveys will cover approximately 10 000 km2 offshore Labrador and Newfoundland, Canada.

Qatar Petroleum has entered into a farm-in agreement with Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano Basin.

The survey will be carried out in the Forties field by the Amazon Warrior.

Well 35/10-6, in production licence 827 S, has been permanently plugged and abandoned.

The survey took place in water depths of 750 to 3500 m and is Nigeria’s first regional multi-client multibeam and seafloor sampling (MB&SS) study.

12 prospective parcels of land will be opened for tender across Queensland’s resource-rich Bowen and Surat basins between Blackwater and Goondiwindi.

The 2020 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding.