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Formation Evaluation News

Karoon Energy's Marina-1 Well Offshore Peru Disappoints
Peru >> 2/17/2020 - Karoon Energy Ltd’s Marina-1 exploration well in Block Z-38 Tumbes Basin offshore Peru, has now drilled down to a depth of 3021mm MD near the top of the Cardalitos Formation. Mudlogging and LWD loggin...
New Argentina Independently Certified Reserves Report
Argentina >> 1/27/2020 - President Energy (AIM: PPC) announces its new independently certified hydrocarbon reserves report on its assets in Argentina ("the Report") calculated as at 31 December 2019. ...
Reservoir Study Results on Vostochny Makarovskoye & Dobrinskoye Fields
Russia >> 1/27/2020 - Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is providing the following update on the preliminary reserves estimates in its Vostochny Makaro...
PGS Data Covers Key Block for Malaysia 2020 License Round
Malaysia >> 1/22/2020 - Key areas for the 2020 Malaysia Licensing Round are covered by the PGS Sabah MC3D program. Data is available to evaluate the petroleum potential of the highly prospective offshore Sabah province. ...
Reserves Upgraded at South Disouq by 35%
Reserves Upgraded at South Disouq by 35% Egypt >> 1/7/2020 - SDX Energy Plc (SDX) is pleased to announce that upon completion of an independent technical and economic audit of the reserves at its operated South Disouq concession (SDX: 55% working interest), Gaf...
Gas Reserves of Kruzenshternskoye Field Raised to 2 Trillion Cubic Meters
Russia >> 12/27/2019 - The Federal Agency for Mineral Resources approved the expert opinion of the State Reserves Commission with regard to the calculation of hydrocarbon reserves in the Kruzenshternskoye gas and condensate...
Pemex Reports Discovery of Giant Oil Field in Quesqui
Mexico >> 12/6/2019 - The President of Mexico, Andres Manuel Lopez Obrador, accompanied by the General Director of Petroleos Mexicanos (Pemex), Octavio Romero Oropeza, toured the Quesqui oil field, which according to seis...
Woodside Increases Scarborugh Field Resource Volume by 52%
Australia >> 11/8/2019 - Woodside reports that the estimated gross contingent resource (2C) dry gas volume for the Scarborough field has increased to 11.1 Tcf (100%; 8.3 Tcf Woodside share), up 52% from 7.3 Tcf (100%; 5.5 Tcf...
Gazprom Neft Fine-Tunes Technologies for Developing the Bazhenov Formation
Russia >> 10/3/2019 - The Bazhen Technology Centre (a subsidiary of Gazprom Neft) has undertaken the first 18-stage fracking operation in Russia, at the Bazhenov Formation. High-tech fracking, coupled with the extended len...
Lower Achimov Development Confirmed
Russia >> 7/12/2019 - PAO NOVATEK announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, successfully completed a horizontal well number “U2802” targeting the lower Achimov formation at the Urengoy...
Echo Energy & YPFB Sign Evaluation Agreement for Rio Salado Block
Bolivia >> 10/15/2018 - Echo Energy plc, the Latin American focused upstream oil and gas company, is delighted to announce the signature on Friday 12 th October 2018 of a Technical Evaluation Agreement (TEA) for the Rio Sala...
Dougga Gas Condensate Project Update
Tunisia >> 8/27/2018 - ADX Energy Ltd (ADX) is pleased to update its Shareholders regarding progress in relation to the independent evaluation of the resource potential and viability of the Dougga Gas Condensate Project (...
ADX Energy Announces Evaluation Results for the Dougga Discovery
Tunisia >> 7/16/2018 - ADX Energy Ltd (ADX) is pleased to announce that an independent evaluation of the Dougga Gas Condensate discovery (Dougga) and potential extension of Dougga - the Dougga South West prospect (Dougga ...
Angus Reports Kimmeridge Assessment at Lidsey Oil Field Indicates High Quality Crude
United Kingdom >> 7/3/2018 - Angus Energy, a leading UK on-shore, conventional oil and gas production and development company, has provided results from its supplementary assessment programme at the Lidsey oil field. Having conse...
Gravity & Magnetic Study Supports Large Prospect Identified in Cuba
Cuba >> 6/12/2018 - Melbana Energy Limited (MAY) (Melbana) is pleased to provide the following update on Cuba Block 9 (Melbana 100% and operator). ...
Europa Updates on Offshore Ireland Portfolio
Ireland >> 5/24/2018 - Europa Oil & Gas (Holdings) plc is pleased to provide the following update on its industry-leading and highly diversified portfolio of prospects across its seven licences and licensing options (LO) in...
Borders & Southern Announces Darwin East Discovery Evaluation
Falkland Islands >> 2/28/2018 - Borders & Southern (BOR), the London based independent oil and gas exploration company with assets offshore the Falkland Islands, announces the results of an independent evaluation of the Darwin East ...
Halliburton Launches New High-Speed Telemetry Service
United States >> 11/13/2017 - Sperry Drilling, a Halliburton business, announced the release of JetPulse™ high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation me...
CGG Delivers Data from Encontrado Project over Perdido Fold
Mexico >> 6/8/2017 - CGG announced that the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico’s prolific Perdido fold belt have been delivered on schedule to the Comision Nacio...
Canacol Energy Announces 2P Reserves of 85 MMBOE
Colombia >> 3/27/2017 - Canacol Energy Ltd. (Canacol) (CNE) is pleased to report its light, medium and heavy crude oil and conventional natural gas reserves and deemed volumes for the fiscal year end December 31, 2016. The C...

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