Exploration news

The survey will employ one Shearwater vessel and cover approximately 7300 km2 of the highly prospective Malvinas Basin, with operations set to commence in 4Q19 and run until 2Q20.

Esox-1 was drilled in 4609 ft (1405 m) of water and encountered approximately 191 net ft (58 m) of high quality oil bearing Miocene reservoirs.

The company has acquired a 20% interest in the exploration and production licence covering Block 56 onshore Oman.

The project duration is approximately two months and is scheduled to commence in 4Q19.

Located approximately 125 km offshore Mauritania, the Orca-1 well exceeded pre-drill expectations encountering 36 m of net gas pay.

The WZ 6-12 M1 exploration well is located in between the Weizhou 6-12 North and South Fields and is targeting the T40 - T42 stacked reservoirs.

Prior to the drilling of well 6506/11-11 S, the operator’s resource estimate for the discovery was between 3 and 21 million m3 of recoverable oil equivalents.

GlobalData identified Asia and Africa to be the second highest among the regions.

Aker BP has reported total income of US$723 (785) million and operating profit of US$196 (354) million for 3Q19.

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.