Exploration Drilling Commences at BrasseMay 24, 2016Faroe Petroleum has announced the commencement of the Faroe-operated Brasse exploration well 31/7-1 in the Norwegian North Sea...
Positive Development Well results in NW Gemsa, EgyptMay 21, 2016SDX Energy Inc., an oil and gas exploration and production company with assets in Egypt and Cameroon, has recently completed Al Amir SE 24 (AASE-24) development well in...
Statoil Awarded Considerable Position In 23rd Licensing RoundMay 19, 2016The Ministry of Petroleum and Energy has awarded five licences to Statoil in the 23rd licensing round, four as operator and one as partner.
Lundin Norway Awarded Five Licences in 23rd Norwegian Licensing RoundMay 19, 2016Lundin Petroleum AB reports that its wholly owned subsidiary Lundin Norway AS has been awarded five exploration licences in the 23rd Norwegian Licensing Round.
Announcement of the Norwegian 23rd Licensing Round AwardsMay 19, 2016The Norwegian Ministry of Petroleum and Energy has awarded ten new licenses, consisting of 40 blocks in total. Three of the licenses are located in the newly opened area in the Barents Sea southeast, outside the county of Finnmark. Thirteen companies are offered participating interest.
Petro River Oil Announces Woodburn Forest-1 Test Well SpuddingMay 18, 2016Petro River Oil Corp. has announced that Petro River UK Limited, its wholly owned subsidiary, has received notice regarding the commencement of drilling operations...
Statoil Farms into Turkey Onshore AcreageMay 16, 2016Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.
Consent for Wintershall Exploration DrillingMay 13, 2016The Norwegian Petroleum Safety Authority has granted Wintershall consent to drill an exploration well in block 35/11.
Consent for Exploration Drilling for Faroe PetroleumMay 13, 2016The Norwegian Petroleum Safety Authority has granted Faroe Petroleum consent to drill an exploration well in block 37/1.
S&P Global Platts: OPEC Pumped 32.52 Million Barrels of Crude Oil Per Day in AprilMay 12, 2016Oil production from the Organization of the Petroleum Exporting Countries (OPEC) soared by 140,000 barrels per day (b/d) to 32.52 million b/d in April...
Production Reaches 65,000 boed at Nooros FieldMay 12, 2016Eni reports that, following the start of production of the Nidoco North 1X exploration well and the Nidoco North West 4 development well, it has brought the production of Nooros field...
Cluff Natural Resources Plc Acquisition of North Sea LicencesMay 10, 2016Cluff Natural Resources, the natural resources investing company with gas assets in the Southern North Sea, has announced that it has signed a sale and purchase agreement (SPA)...
Oil-Hungry Bacteria Could Clean Up the Next Big Oil SpillMay 10, 2016Scientists at Heriot-Watt University have cracked the genetic code of the marine bacteria that helped “eat” the oil spilled from the Deepwater Horizon disaster, information that could aid clean-up efforts for the next major spill.
Oil and Natural Gas Production in AprilMay 7, 2016Petrobras total oil and natural gas production in April amounted to 2.69 million barrels of oil equivalent per day (boed), of which 2.50 million boe were produced in Brazil...
Production Increase at Prinos and Well PA-36 SpuddedMay 5, 2016Energean Oil & Gas has announced that total production of the Prinos and Prinos North oil fields, offshore NE. Greece, has exceeded 4,000 barrels per day...
Information Management Solution For Seismic Data LaunchedMay 3, 2016Cegal has released Blueback Seismic Data Management, a software solution that provides full life-cycle management of seismic data for a range of geoscience applications.
Wood Mackenzie: Global Oil Supply Shortfall if Exploration Results Don’t ImproveApr 27, 2016A new study by Wood Mackenzie warns the global oil market could face a supply shortfall of 4.5 million b/d by 2035, if exploration success doesn't improve.
Production at Julia Oil Field in the Gulf of Mexico StartsApr 20, 2016Exxon Mobil Corporation has reported that oil production has started under budget and ahead of schedule at the Julia oil field in the Gulf of Mexico.
Positive Production Test of Gavea Appraisal Well in BrazilApr 19, 2016Statoil, together with operator Repsol Sinopec and partner Petrobras, reports the completion of the Gavea A1 well in the ultra-deep pre-salt block BM-C-33 in the Campos basin in Brazil.
Overcoming the Challenges of Heavy Oil ProductionApr 11, 2016Some of the world’s largest oil reserves are heavy oil reservoirs. Production of these reservoirs presents significant economic and technological challenges...
Horse Hill-1 Oil Discovery Produces Significant Oil Flows to SurfaceApr 8, 2016NUTECH, provider of reservoir characterisation and intelligence, has announced that the third phase of the flow test for the major international oil discovery it identified in a report to UK Oil & Gas Investments PLC (UKOG)...
DEA Operator in Denmark for the First TimeApr 6, 2016The Danish Energy Agency has awarded DEA Deutsche Erdoel AG two licences in Denmark.
MOL Group’s Eleventh Hydrocarbon Discovery in PakistanMar 31, 2016MOL Group has announced a new hydrocarbon discovery in the Karak Block in Pakistan.
Eni Awarded New Offshore Ghana Exploration LicenceMar 30, 2016Eni has been awarded a new exploration licence, the Cape Three Points Block 4, located in the prolific Tano basin, offshore Ghana.
