Exploration news
UAE announces major gas find
80 trillion ft3 of shallow gas resources has been discovered within an area of 5000 km2 between Abu Dhabi and Dubai.
Neptune Energy digital subsurface technology aims to discover hydrocarbons faster
The programme was unveiled at DigEx 2020 in Oslo, Norway, where the company discussed how it is making use of digital technologies, including the latest cloud infrastructure, to reduce the time from “idea to discovery”.
Hess to focus on Guyana and the Bakken during 2020
Over 80% of the company's 2020 Exploration & Production capital and exploratory budget will be allocated to high return investments in Guyana and the Bakken.
Senegal launches first offshore licensing round
The licensing round comprises twelve blocks on offer in the Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea Conakry (MSGBC) Basin, offshore Senegal.
SAExploration secures two contracts for 3D/4D data acquisition offshore West Africa
The projects are valued at approximately US$42 million and are scheduled to occur primarily during 2Q20.
ION signs agreement for 2D and 3D programmes offshore Colombia
The agreement with Colombia’s National Hydrocarbon Agency, the ANH, grants rights to reprocess existing data and acquire new 2D and 3D multi-client programmes offshore Colombia’s Caribbean coast.
Europa Oil & Gas provides Ireland farm-out update
The company is prioritising securing a partner to drill its flagship prospect in Ireland, the Inishkea prospect which lies on Frontier Exploration Licence 4/19 in the Slyne Basin.
Wood Mackenzie explains how the energy transition is placing additional pressure on exploration activities
2020 will be key as sector moves towards low-carbon future.
Shearwater to conduct 3D campaign for ONGC
The 4-month survey will cover 2000 km2 of 3D in a shallow-water area of the Arabian Sea.
Cairn Energy provides operational update
Cairn Energy has provided an update on its operations in the North Sea, West Africa and Latin America.