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  1. Cairn group to drill two appraisal wells offshore Senegal

    The Cairn Energy PLC group containing Melbourne-based FAR Ltd. has announced that two firm appraisal wells will be drilled on the SNE oil discovery offshore Senegal beginning in first-quarter 2017. The group will use the wells to feed in more information to optimize the SNE development plan prior to its submission to the Senegal government for approval. The two wells—SNE-5 and SNE-6—will be drilled back-to-back by the Stena Drilling Ltd.’s Stena DrillMAX harsh-environment dynamically positioned drillship within the known field boundaries. They are designed to evaluate the upper SNE reservoir units and determine the connectivity of the reservoir section with the depositional model that has been interpreted from the existing wells as well as some high-quality 3D seismic data. Both new wells will undergo extended drill stem testing. If successful, the results are expected to lead to higher than currently estimated ultimate oil recoveries. The drillship has also been contracted for additional optional wells in the permits. Cairn has 40% of the permits, ConocoPhillips 35%, FAR 15% and Senegal national company Petrosen 10%.

    Online Articles

    Online Articles

    Mon, 28 Nov 2016

  2. Tullow, Eco Atlantic probe prospective offshore Guyana formation

    Eco (Atlantic) Oil & Gas has responded to ExxonMobil’s official notice of the size of the deepwater Liza oil discovery offshore Guyana.

    Online Articles

    Online Articles

    Tue, 22 Nov 2016

  3. Statoil assumes operatorship of Carcará offshore Brazil

    Statoil has acquired Petrobras’ 66% operated interest of the BM-S-8 license in the Santos basin offshore Brazil.

    Online Articles

    Online Articles

    Wed, 23 Nov 2016

  4. Oil & Gas News: Statoil completes acquisition and takes over operatorship of Brazilian offshore licence BM-S-8

    Statoil and Petrobras have completed their previously announced oil & gas transaction, whereby Statoil has acquired Petrobras’ 66% operated interest of the BM-S-8 offshore licence in Brazil’s Santos basin.

    Online Articles

    Online Articles

    Wed, 23 Nov 2016

  1. Statoil completes acquisition of stake in Santos basin license

    Online Articles

    Online Articles

    Wed, 23 Nov 2016

  2. ExxonMobil makes oil discovery offshore Nigeria

    Exxon Mobil Corp. (NYSE:XOM) has made an oil discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria.

    Online Articles

    Online Articles

    Thu, 27 Oct 2016

  3. Pemex reports six recent offshore oil discoveries

    Petroleos Mexicanos (Pemex) has made two deepwater superlight oil discoveries and four shallow-water light oil discoveries in the Gulf of Mexico.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  4. ExxonMobil makes oil discovery offshore Nigeria

    ExxonMobil Corp.’s Owowo-3 well has encountered a 460-ft column of oil-bearing sandstone offshore Nigeria. Combined with the operator’s Owowo-2 discovery, which encountered 515 ft of reservoir, the field could contain 500 million bbl to 1 billion bbl of oil, ExxonMobil said.

    Online Articles

    Online Articles

    Thu, 27 Oct 2016

  5. ExxonMobil announces significant oil discovery offshore Nigeria

    Exxon Mobil Corporation announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria.

    Online Articles

    Online Articles

    Thu, 27 Oct 2016

  6. ExxonMobil makes deepwater oil discovery offshore Nigeria

    Exxon Mobil Corp. has reported the Owowo-3 well encountered about 460 ft (140 m) of oil-bearing sandstone reservoir offshore Nigeria.

    Online Articles

    Online Articles

    Thu, 27 Oct 2016

  7. Beach makes oil discovery with Kangaroo wildcat

    Beach Energy Ltd., Adelaide, has made an oil discovery on the western flank of the Copper-Eromanga basin of South Australia with the Kangaroo-1 wildcat well.

    Online Articles

    Online Articles

    Tue, 11 Oct 2016

  8. Engie makes gas, oil discovery near Gjoa in North Sea

    The Norwegian Petroleum Directorate reported a gas and oil discovery by Engie E&P Norge AS some 6 km northeast of Gjoa field.

    Online Articles

    Online Articles

    Fri, 16 Sep 2016

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