Seismic to Boost Mexican Exploration
Despite being labeled as ‘historic’ and ‘ground-breaking’, Mexico’s first ever offering of oil and gas blocks to private and foreign investors proved to be less than spectacular. Last year the…
Exploration
Why Norway?
For more than ten years, Norway has attracted small- and intermediate-sized companies because of favourable geological and fiscal conditions. An uplift in the tax system may now reduce the majors’…
A New Global Sediment Thickness Map of the World
Experts from Getech have been addressing the challenge of deriving a globally consistent depth-to-basement map and have devised an approach which accounts for the obstacles of variable data resolution and…
Waking up to Papua New Guinea
Perched on the edge of a subduction zone, Papua New Guinea bears little resemblance to most of the world’s petroleum terranes. But the small Pacific nation is suddenly on the…
Mauritania Offshore Hints at Significant Reserves
As the surge of oil and gas exploration activity on the African continent continues apace, a clutch of countries, including Mauritania, are emerging as particular hot-spots on a continent filled…
What Lies Beneath the Deepwater Tano Basin?
Hunting for Jubilee-like prospects in Côte d’Ivoire Boosted by recent discoveries, Côte d’Ivoire has seen renewed interest in its deepwater offshore basin over the last few years. Up until 2011,…
The Need For New Frontier Exploration
Over the last years offshore exploration activity has been at a historic high, without any significant corresponding discoveries. The result is a considerable increase in the global average discovery cost.…
Russian Fold Belts: The Next Hot Play?
Three successful cycles of petroleum reserve build-up can be recognised in the history of Russian petroleum exploration. Could the fold belts be the basis of the next cycle? After decades…
Palaeozoic Plays of the Great Basin
The Palaeozoic tectonic history of the Great Basin of Nevada in south-western USA parallels that of the US east coast, where the Marcellus Shale has been a target of intense…
Gabon: Some Hope for Gas
Eni has made a significant gas and condensate discovery with an exploration well testing the Nyonie Deep prospect in Block D4, approximately 13 km from the coast and 48 km from Libreville, the capital of…
Oil Price Competition 2 – Result
Result of the second Oil Price Prediction Competition. Oil Price at COB 19th June, as shown on the FT website on 22nd June.Once again, many thanks to everyone that entered…
Pakistan: First Discovery in Eastern Potwar Plateau
The Ghauri Joint Venture (GJV) is claiming a ‘landmark achievement’ with its Ghauri X-1 well, located in district Jhelum, Punjab Province in Pakistan, as it is the first hydrocarbon discovery in the eastern part of…