Exploration news
CGG releases 2Q19 results
The company's IFRS figures for 2Q19 were: revenue at US$607 million, OPINC at US$71 million, net income at US$(128) million.
Equinor announces small oil discovery at the Utsira High
The discovery in the main reservoir is currently estimated to contain between 5 and 25 million bbl of oil in-place. It has not yet been concluded if the discovered oil is commercial.
Eni finds gas and condensate offshore Vietnam
The exploration well, located in block 114, Song Hong Basin, offshore Vietnam, has proven the presence of gas and condensate in the Ken Bau prospect.
Fotech technology enhances downhole imaging capabilities
The Helios Quasar solution is designed to provide more meaningful seismic and microseismic data.
Investing in offshore E&P: pros, cons and strategies
Regina Chislova, Project Director of the closed-door offshore-oriented congress EPOCH 2019, has gathered the points of view of different experts on questions that concern E&P investors.
Petro Matad spuds Heron-1 exploration well
The well is an appraisal of the T19-46 oilfield in Mongolia's Tamsag Basin.
WoodMac and P2 Energy Solutions to deliver data-driven insight to US energy sector
The combined content offering will allow investment and petrotechnical professionals to quickly assess the current value of a lease or company position in the contiguous US.
INPEX awarded exploration block in the North West Shelf, Australia
The Block is located in the Bonaparte Basin of the North West Shelf of Australia and covers a surface area of 3460 km2.
Biscathorpe-2 exploration indicates likely presence of oil
A petrophysical analysis has confirmed the likely presence of a 35-m column of oil in the Biscathorpe-2 well in the Humber Basin, UK.
Aker BP makes oil discovery in NOAKA area
The Liatårnet exploration well has proved oil with a gross resource estimate of 80 - 200 million boe.