Exploration Update – Netherlands
Significant discovery and appraisal in The Netherlands with 24m net interval of high permeability sands in the Permian Lower Rotliegendes. Hansa Hydrocarbons confirmed on 26 September 2017 that its new…
Exploration
North West Europe: Attractive Investment Arena
With a wide array of commercially robust projects in North West Europe, do expectations suggest a new development boom? This regional update is brought to you by Rystad Energy. Oil…
Licensing Update – Sierra Leone
Opportunities on the West African Transform Margin; Sierra Leone Fourth Licensing Round Announced Since the discovery of the giant Jubilee oil field off Ghana in 2007, interest in the transform…
Jurassic discovery
Total will drill a geological sidetrack after making a discovery in the Jasper-prospect.
Driva well underway
Operator MOL Norge has spudded the Oppdal/Driva well located on the east flank of the Mandal High – 3 kilometres southeast of dry well 2/6-3.
More gas in the Barents Sea
The well’s primary exploration target was to prove oil in reservoir rocks from the Late Triassic Age (upper part of the Snadd formation). The secondary exploration target was to prove…
Found up to 50MMboe
Faroe has made another discovery. This time in the UK sector in the Eocene Frigg Fm.
31st round is closed
Altogether 35 companies, ranging from multinationals to microbusinesses, applied. The 31st Licensing Round, which closed on Wednesday 7th November, offered significant opportunities to acquire acreage across the UKCS’s extensive frontier…
Faroe with technical discovery
The Faroe-operated Rungne exploration well 30/6-30 in the North Sea turns out to be disappointing. The upside is 17MMboe.
Successfull appraisal
Wellesley has increased the resource estimate in Grosbeak substantially. It may now contain up to 200MMboe.
Small discovery in the Barents Sea
Equinor has found 12-25MMbo in the Skruis prospect due north of Johan Castberg.
0.7 dollar per barrel
The finding cost of 0.7 USD/boe was published in conjunction with Lundins corporate presentation in October. This is in comparison to acquisitions costs of 3.25 USD/boe and 4.2 USD/boe for…