New Open Door Procedure on Greenland’s West coast
Since the last exploration drillings some years back, the Government of Greenland has been working on a new oil strategy that reduces geological uncertainty and allowing first movers a very…
Exploration
Equinor targets stratigraphic Upper Jurassic trap east of Statfjord
On the last day of October, well 34/7-37S was spudded in production licence 089. Equinor is the operator at 41.5%, licence partners are Petoro (30%), Vår Energy (16.1%), Idemitsu Petroleum…
Fenja – drilling results prove food for thought
Neptune Energy Norge AS, operator of production licence 586, is in the process of concluding the drilling of wildcat well 6406/12-G-1 H, which is an extension of an observation well…
Small Norwegian E&P players achieve highest returns on exploration spend
The key result of the analysis, which includes exploration activity and results from 2017 to around October 2020, is that the highest return on exploration spend is achieved by smaller…
Lundin getting closer to finalising Polmak well
Lundin has this month embarked on a high impact drilling campaign, using the brand new drilling rig West Bollsta. The first prospect that is currently being targeted by well 7221/4-1,…
Athena Exploration eyes large stratigraphic trap West of Shetland
Following the award of 3 new licences covering 14 blocks in the UKCS 32nd Licensing Round, Athena’s initial focus is on the Paleocene in Quad 208 where it has recognised…
Gas Discovery Offshore Vietnam
Eni, with partner Essar E&P, has appraised a large gas find with the Ken Bau-2X well in Block 114 of the Song Hong Basin, offshore Vietnam. Location of the Ken…
A Bleak Year for Oil and Gas Exploration in Africa
Despite optimistic expectations at the start of the year, with several high-impact wells planned, 2020 is the bleakest year in a decade for African oil and gas exploration. Expectations were…
And the winner is – The oil accumulation sealed by a sand!
The Liatårnet discovery is particular in many ways, and therefore it represents a great example of the more niche plays currently being targeted in the North Sea. Presented yesterday during…
Two more wells to be drilled soon on Dugong
During an excellent presentation just delivered by Carly Marshall, Head of New Ventures at Neptune Energy, it was highlighted that the Dugong partnership is still very actively looking at further…
Torgeir Stordal emphasizes that exploration needs to be stepped up
With more than 300 people attending and 68 companies registered, this morning Torgeir Stordal kicked off the two-days conference. His main message at the start of the talk was that…
From Glengorm to Goliat – it’s your chance to hear about it
When our team embarked on the challenge to transform the seventh NCS – Recent Discoveries Conference into a fully digital event, there was a full awareness of the scale of…