Posted by Staff Writer
Africa, Headlines, Licensing & Concessions
Thursday, May 17th, 2012

UK-based energy giant BG Group announced Wednesday its fifth consecutive Tanzanian gas discovery with the Mzia-1 exploration well located in Block 1, offshore southern Tanzania. Mzia-1 is BG Group’s first discovery within the deeper Cretaceous section and opens an extensive new play fairway within the Group’s offshore acreage in Blocks 1, 3 and 4, to complement [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, USA & Canada
Tuesday, May 15th, 2012

Statoil announced late on Monday that it has reached an agreement to use Seadrill’s West Aquarius (DW semisub) deepwater drilling rig for Statoil’s 2012-2013 exploration activities offshore Newfoundland, Canada. “We have ambitious exploration targets offshore Newfoundland, and securing rig capacity is essential for reaching those targets,” said Geir Richardsen, head of exploration for Statoil in Canada. [...]
Posted by Staff Writer
Africa, Headlines, Licensing & Concessions
Tuesday, May 15th, 2012

Cove Energy announced Tuesday that the Golfinho exploration well, operated by its partner Anadarko Petroleum Corporation, has discovered a new, major natural gas accumulation nearly 20 miles (32 kilometers) northwest of the Prosperidade complex within the Rovuma Basin Area 1 block, Offshore Mozambique. Highlights from the discovery include: Golfinho exploration well encounters separate and independent [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, North Sea & Western Europe
Tuesday, May 15th, 2012

An operation to stop a gas leak on a North Sea oil platform has got under way. All 238 staff were evacuated from Total’s Elgin platform, around 150 miles (241km) off Aberdeen, when the leak was detected almost two months ago on March 25. At one point about 200,000 cubic metres of gas was leaking [...]
Posted by Editor
Africa, Headlines, Licensing & Concessions
Monday, May 14th, 2012

Afren Plc says an exploration well on the shallow-water Ebok north fault block (Ebok NFB) has encountered 370 ft (113 m) true vertical thickness of net oil pay in good quality sands. The well was spudded last month by the jackup Transocean Adriatic lX. It was targeting a separate fault block structure north of the main [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, Middle-East
Thursday, May 10th, 2012

Iran has discovered a big oil field on its part of the Caspian Sea, Mehr reported. Early reports indicate that the newly discovered oil field contains from 8 to 10 billion barrels of oil. Iran’s oil minister Rostam Qasemi will reportedly make an official announcement on this discovery later. In 2011, Iran discovered a natural [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, North Sea & Western Europe
Thursday, May 10th, 2012

A consortium led by Statoil ASA plan to further explore the Barents Sea offshore Norway in the vicinity of the Skrugard and Havis discoveries while working toward a late 2018 production start for the Johann Sverdrup discovery in the North Sea west of Stavanger. Statoil ASA, Eni Norge AS, and Petoro AS plan to drill [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, North Sea & Western Europe
Wednesday, May 9th, 2012

Lundin Petroleum AB announced that drilling of exploration well 6201/11-3 in PL519 has commenced. The well will target the Albert prospect, which is situated 65 km northwest of the Snorre Field in the northern North Sea, offshore Norway. The main objective of well 6201/11-3 is to test Cretaceous and Triassic age sandstones of a multiple [...]
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