Statoil and YPF Sign an Onshore Exploration Agreement for Vaca Muerta in Argentina
Aug 28, 2017
Statoil and Argentina’s energy company YPF have entered into an agreement to jointly explore hydrocarbons in the Bajo del Toro block in the Neuquén Basin onshore Argentina.

Eni Receives Consent for Exploration Drilling in the Barents Sea
Aug 25, 2017
The Petroleum Safety Authority (PSA) has given Eni Norge consent for exploration drilling in block 7122/10 in the Barents Sea.

3D Survey Completed in Block 29/11 Offshore China
Aug 24, 2017
Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has announced the 3D seismic data in Block 29/11 has been successfully acquired.

Frogtech Geoscience Improves Petroleum Prospectivity Screening by Solving the Regional Heat Flow Puzzle
Aug 23, 2017
Australian geoscience company Frogtech Geoscience has announced the release of TERRAFLUX, an innovative multi-client heat flow product, providing a unique new approach to assess...

Two More BP Projects Begin Production
Aug 15, 2017
BP has confirmed the start of production from another two of the seven upstream major projects that it expects to come online in 2017. Five of these seven projects have now started up.

CGG Launches Gippsland ReGeneration Reprocessing Project in SE Australia
Aug 8, 2017
CGG has announced the start of its Gippsland ReGeneration 3D reprocessing project in Australia’s premier Gippsland Basin, in South-East Australia.

SNE North-1 Exploration Well Result
Aug 7, 2017
Cairn has announced the results of the SNE North-1 exploration well offshore Senegal. The well encountered oil and gas in...

Second Small Gas Discovery in the Barents
Aug 7, 2017
Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.

Production Starts at Byrding
Jul 31, 2017
Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million barrels of oil equivalent.

ION Imaging Supported Talos’ Historic Zama-1 Mexico Discovery
Jul 28, 2017
ION Geophysical Corporation has announced that its imaging services supported the historic Zama-1 discovery offshore Mexico made by Talos Energy, LLC (Talos) and its partners.

CGG Extends Santos VII Multi-Client Survey to Optimise Saturno Field Imaging
Jul 27, 2017
CGG has announced the completion of an extension of its Santos VII broadband 3D multi-client survey offshore Brazil.

Successful Brasse Sidetrack Well Results with Increased Volume Range
Jul 27, 2017
Faroe Petroleum has announced the results of the 31/7-2S Brasse sidetrack appraisal well in the Norwegian North Sea (Faroe 50% and operator, Point Resources 50%).

ExxonMobil Announces Successful Payara-2 Well Offshore Guyana
Jul 26, 2017
Exxon Mobil Corporation has announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels.

Panoro Announces Dussafu Oilfields Development Decision
Jul 18, 2017
Panoro Energy ASA has announced that Pan Petroleum Gabon B.V. (a fully owned subsidiary of Panoro) has approved the operator’s proposed work program and budget to move forward...

ExxonMobil Acquires Interest in Acreage Offshore Suriname
Jul 14, 2017
Exxon Mobil Corporation has announced that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract...

Successful Alta Appraisal Well
Jul 14, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has successfully completed the drilling and production testing of Alta appraisal well 7220/11-4 (Alta-4)...

Total Commences Operations on Al-Shaheen Oil Field Alongside Qatar Petroleum
Jul 12, 2017
Total and Qatar Petroleum will take over the operatorship of the giant Al-Shaheen offshore oil field for a period of 25 years beginning July 14, 2017.

Cairn Announces FAN South-1 Well Result
Jul 12, 2017
Cairn has announced the results of the FAN South-1 well in the South Fan prospect offshore Senegal. The Stena DrillMAX drill ship performance continues to...

Statoil Completes Two-Well Exploration Drilling Campaign Offshore Newfoundland
Jul 11, 2017
Statoil, along with its partner, Husky Energy, has finalised a two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland.

Europa Oil & Gas Commences Offshore Ireland 3D Seismic Acquisition
Jul 11, 2017
Europa Oil & Gas (Holdings) plc has announced that seismic company TGS has commenced the acquisition of the Crean 3D multi-client project on the Irish Atlantic Margin...

S&P Global Platts – OPEC June Output at 32.49 Million b/d to Six-Month High
Jul 7, 2017
The Organization of the Petroleum Exporting Countries (OPEC) members’ crude output rose 500,000 b/d to 32.49 million barrels per day compared to May, according to the latest S&P Global Platts survey.

Kayak Success for Statoil and Partners ENI and Petoro
Jul 4, 2017
Totalling between 25 and 50 million barrels of recoverable oil equivalents, the discovery may provide valuable additional volumes for the Johan Castberg development. The Kayak well has...

Gina Krog on Stream
Jul 4, 2017
At 17.02 CET on 30 June, Statoil started production on the Gina Krog oil and gas field in the North Sea. Statoil and the partners have invested a total of some NOK 31 billion in the development of the Gina Krog field.

Statoil Kicks Off UK Exploration Campaign
Jul 3, 2017
Statoil will soon commence a three-well exploration drilling campaign on the UK continental shelf. In early July, the Transocean Spitsbergen semi-submersible rig will spud the first well in the campaign.