Exploration news
Ecopetrol aims to drill up to 45 exploratory wells by 2022
Ecopetrol drilled 20 wells in 2019, with a 40% success rate.
Panoro Energy farms into South Africa exploration licence
The company is to acquire a 12.5% interest in Block 2B located in the Orange Basin.
Equinor discontinues exploration drilling in Great Australian Bight
Equinor has concluded that the project’s potential is not commercially competitive.
SeaBird Exploration awarded OBN contract in Asia Pacific
The contract is expected to start in April 2020.
PGS releases North Carnavon integrity data
Final data is now available for the PGS Mawson MultiClient 3D seismic survey covering the prospective North Carnarvon Basin of Australia.
TGS completes survey offshore Senegal
The company has commenced another survey in northern Senegal, following the completion of another in the south of the country.
TGS appoints Chief Financial Officer
Fredrik Amundsen has been appointed Chief Financial Officer (CFO) of the company.
Rystad Energy: oil firms to spend billions in Stabroek Block over next decade
Global oil firms are preparing to spend more than US$53 billion in Guyana’s coveted Stabroek Block during the coming decade, Rystad Energy research shows.
Eni makes oil discovery offshore Mexico
The discovery in the Sureste Basin may contain between 200 and 300 million bbl of oil in place.
Karoon Energy to plug and abandon Peru deepwater well
Mudlogging and LWD logging results from the Primary targets in the Tumbes Formation indicated that the Marina-1 well encountered thin water bearing sands with no oil and only minor gas shows.