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Exploration


Bolivia & Argentina Sign Exploration Agreement
BO >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and president of YPF, Miguel Angel Gutierrez, signed the Oilfield Services Contract for exploration and exploitation of the area Charagua...
YPFB & YPFB Chaco Sign Exploration Contracts for Two Areas
BO >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and general manager of YPFB Chaco SA, Oscar Claros Dulon, signed two contracts for oil exploration services and exploitation in the Aguar...
ConocoPhillips Announces Willow Discovery in National Petroleum Reserve
UK >> 1/13/2017 - ConocoPhillips Alaska Inc. announced a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeast portion of the National Petroleum Reserve – Alaska (NPRA). The Willow discovery...
Nigeria's NNPC Partners with Schlumberger for Exploration
NG >> 1/13/2017 - Nigeria's state oil company said it will partner with oilfield services company Schlumberger in exploration and reservoir management. The partnership aims to find commercial hydrocarbon deposits in th...
Petrobras to Invest $19B in 2017
BR >> 1/11/2017 - Petroleo Brasileiro SA expects to spend $19 billion in exploration, production and refining projects this year, above last year's, signaling that efforts to reduce debt and preserve cash are helping B...
Faroe Petroleum Spuds Dazzler Exploration & Brasse Appraisal Wells
NO >> 1/12/2017 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commencement of the Bo...
President Energy Provides Operational Update in Argentina
AR >> 1/11/2017 - President Energy (PPC), the oil and gas exploration company provides the following update on its Argentina operations. ...
Lion Energy Reports Encouraging Oil & Gas Shows in Amanah Timur-1 Well
ID >> 1/10/2017 - Lion Energy has announced that encouraging gas readings, combined with some oil fluorescence shows have been encountered in the objective '400' sandstone from 80m KB to the midnight depth of 154m KB. ...
Roxi Petroleum Announces Operational Update
KZ >> 1/10/2017 - Roxi Petroleum, the Central Asian oil and gas company, with a focus on Kazakhstan, has updated the market with news from its BNG Contract Area. ...
Gazprom Neft Discovers New Field in Orenburg Oblast
RU >> 1/9/2017 - Gazprom Neft subsidiary Gazpromneft Orenburg has discovered a new field — the Novosamarskoye — in the Sorochinsky district of the Orenburg Oblast. Initial oil-in-place reserves are estimated at more t...
DNO Makes Cretaceous Oil Discovery at Peshkabir
IQ >> 1/9/2017 - DNO ASA, the Norwegian oil and gas operator, announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank o...
NNPC Awards 2017 Crude Oil Term Contracts to 39 Companies
NG >> 1/3/2017 - State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said. The contracts covering about 1.31 million barrels per day (bpd...
Lebanon OKs Oil Decrees to Start Stalled Tender Process
LB >> 1/4/2017 - Lebanon's new government passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin. ...
Sound Energy to Spud Badile Exploration Well in March
IT >> 1/5/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to confirm that: ...
Petrobras & JV Hand Back Piracuca Oil Concession
BR >> 1/3/2017 - Brazil's state-controlled oil company Petroleo Brasileiro SA and Repsol Sinopec, a joint Spanish-Chinese venture in the country, are handing back exploration rights at the Piracuca field in the Santos...
Iran Names 29 International E&P Companies for Upstream Oil Tenders
IR >> 1/2/2017 - The National Iranian Oil Company (NIOC) has released the list of 29 qualified foreign oil and gas exploration and production (E&P) companies for attending tenders aimed at developing upstream projects...
Rosneft Attracts a Consortium of Japanese Companies to Undertake Joint Exploration
RU >> 12/16/2017 - Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relati...
Norway Sees Decrease in December Production
NO >> 1/17/2017 - Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx. 3 percent) com...
One-Stop-Shop for New Mining Licenses in Oman
OM >> 1/16/2017 - Oman’s Public Authority for Mining (PAM) is formulating a new mining exploration and development strategy, underpinned by a Single Window System for the issuance of new licenses, to help unleash the p...
Statoil Announces New Discovery near Norne
NO >> 1/17/2017 - One year after the licence award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million barrels. “It’s great kicking off the new year with a discovery,” says J...
Corridor Provides an Update on its Old Harry Prospect
CA >> 1/16/2017 - Corridor Resources Inc. (Corridor) is pleased to report that, on January 15, 2017, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued exploration license EL-1153 to Corrido...
TPL Provides a Corporate Update in Georgia
GE >> 1/16/2017 - Tethys Petroleum Limited (TPL) announces a corporate update. ...
New Zealand Oil & Gas Increases Stake in Cue Energy to 50.1%
AU >> 1/17/2017 - New Zealand Oil & Gas has secured a 50.01 per cent holding in its subsidiary, ASX-listed Cue Energy Resources. ...
Quadrant Energy Completes Operations at Successful Phoenix South-2 well
AU >> 1/16/2017 - Carnarvon Petroleum Limited (Carnarvon) is pleased to inform shareholders that operations at the Phoenix South-2 well have been safely completed and the rig has now left the drilling location. The wel...
Aker BP Sees Production Growth in 2007
NO >> 1/16/2017 - Aker BP ASA (AKER BP) increases reserves and maintains very good results in exploration, drilling and wells, projects and production. The company has a strong cash flow outlook and its robust balance ...
ExxonMobil Announces New Oil Discoveries Offshore Guyana
GY >> 1/12/2017 - ExxonMobil announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well ta...
Statement Regarding Media Speculation
MA >> 1/11/2017 - SDX notes the recent media speculation concerning a potential acquisition and material equity fundraising. ...
Fugro Nets 5-Year Services Contract with INPEX
Fugro Nets 5-Year Services Contract with INPEX AU >> 1/13/2017 - Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometre...
OMV Closed the Divestment of OMV (U.K.) Limited
UK >> 1/13/2017 - OMV, the international integrated oil and gas company based in Vienna, closed the sale of 100% of the shares in its wholly owned subsidiary OMV (U.K.) Limited to Siccar Point Energy Limited, Aberdeen,...
WPX Increases Delaware Basin Inventory with Bolt-On Acquisition
US >> 1/12/2017 - WPX Energy has agreed to acquire assets that would increase its Permian operations to more than 120,000 net acres and deepen its drilling inventory of top-tier Delaware locations while enhancing key f...
ExxonMobil Announces New Oil Discoveries Offshore Guyana
GY >> 1/12/2017 - ExxonMobil announced positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well ta...
Gran Tierra Announces Status of Peruvian Assets
PE >> 1/11/2017 - Gran Tierra Energy Inc. (GTE), a company focused on oil and gas exploration and production in Colombia, announced that management of Gran Tierra is evaluating a proposal relating to the Company's asse...
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation
Egyptian and Cypriot Talks to Consolidate Oil & Gas Cooperation EG >> 1/6/2017 - Eng. Tarek El Molla Minister of Petroleum and Mineral Resources received Dr. Stelios Nicolaides, Director, Hydrocarbons Service, Ministry of Energy, Commerce, Industry and Tourism. In the presence of ...
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico
Renaissance & Lukoil to Develop Amatitlan Oil Block in Mexico MX >> 1/11/2017 - Renaissance Oil Corp. (Renaissance) (ROE) is pleased to announce that PJSC LUKOIL, one of the world’s largest oil producers, has chosen Renaissance as their partner for the Integrated Exploration and ...
Egdon Refused Planning Consent for the Development of Wressle Oil Field
UK >> 1/11/2017 - Egdon Resources plc announces that the North Lincolnshire County Council’s Planning Committee has refused planning consent for the development of the Wressle Oil Field at Lodge Farm, Wressle, North Li...
Plexus Wins Equipment Order for Block 50 Well
OM >> 1/10/2017 - Scottish firm Plexus Holdings has announced that a new contract will see its innovative oilfield technology used for a second exploration well in Block 50 offshore Oman. ...
Prospex Oil and Gas' Boleslaw-1 Well Disappoints
PL >> 1/10/2017 - Prospex Oil and Gas Plc, the AIM quoted investment company, announces an update on its investment in the Kolo Licence ('Kolo' or the 'Licence'), onshore Poland. Drilling operations at the Boleslaw-1 w...
Parsley Energy Acquires Midland Basin & Delaware Basin
US >> 1/10/2017 - Parsley Energy, Inc. (Parsley or Parsley Energy) has entered into agreements to acquire, in unrelated transactions, certain undeveloped acreage and producing oil and gas properties located adjacent to...
Gazprom Neft Expects to Start Pilot Project Works at Severo-Samburgskoye Field in 2017
RU >> 1/10/2017 - Gazprom Neft subsidiary Gazpromneft-Yamal has announced plans to begin pilot operations at the Severo-Samburgskoye field, located in the Purovsky district in the Yamalo-Nenets Autonomous Okrug, in 201...
Drilling Works for December 2016
AZ >> 1/6/2017 - SOCAR (excluding Joint Ventures and Operating Companies) conducted 4882 metres of drilling works in December 2016. Of this amount, 4839 metres were development drilling and the rest - exploration dril...

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