Exploration news

The Brasse East well is being drilled immediately east of the Brasse field, discovered by Faroe in 2016 and appraised in 2017.

As announced on November 8th, 2018, the company drilled the SGZ 6X exploration well to a total depth of 5195 feet and cased the well as a potential Bahariya light oil discovery.

The new plug-in functionality, called Geofacets for ArcGISÒ, gives geoscientists the ability to make more informed exploration decisions and reduce risk.

The Rungne exploration well 30/6-30 spudded on 19 October 2018 and was drilled to a total depth of 3469 m below sea level.

The company has provided a licence update on Frontier Exploration Licence 3/04, located in the southern Porcupine Basin.

The companies have signed a concession agreement to launch an unconventional gas exploration programme in the high potential Diyab play.

Interested international oil companies with an Africa focus can view the high-end data set in CGG data rooms in anticipation of the country’s 2019 licensing round.

The Norwegian Petroleum Safety Authority has given Spirit Energy consent to drill exploration wells 8/10-7 S and 8/10-8 S in production licence 405 in the North Sea.

Adam Pollard, senior research analyst with Wood Mackenzie’s sub-Saharan Africa upstream team, comments on the region's prospects.

The company has announced that Tower Resources (Namibia) Limited, a wholly owned subsidiary of Tower, has signed a new Petroleum Agreement with the Government of the Republic of Namibia covering an 80% operated interest in blocks 1910A, 1911 and 1912B, offshore Namibia, together with the National Petroleum Corporation of Namibia (10%) and ZM Fourteen Investment CC (10%).