Exploration

Western Arctic Russia – The Kara Sea

In 2012, ExxonMobil and the Russian state oil company, Rosneft, signed a partnership deal that would give ExxonMobil a stake in developing Russia’s vast energy reserves in the Arctic and Black Sea. Universiteskaya-1…

Paraguay Draws Industry Attention

It is fashionable to identify deepwater regions, unconventional plays and the Arctic as the ‘hot spots’ in the current global exploration scene. In recent years, violence, tension with governments and power struggles…

Oil Production Surges in Texas

In spite of the recent decline in oil price, rig count, drilling permits and well completions, with an estimated 1.284 Bb of production in 2015, Texas is expected to break…

Sarawak Discoveries Boost Malaysia

Malaysia’s bid to turnaround the decline in its ageing petroleum reserves has exceeded expectations thanks to a series of major discoveries offshore Sarawak. Malaysia has long been a heavy hitter…

New Oil Play Excites Australia

Apache announced on 18 August that its shallow water Phoenix South-1 exploration well in permit WA-435-P, 180 km north of Port Hedland, had intersected at least four discrete oil columns…

The Weald Basin: Hot Spot or Hot Air?

Billions of barrels have been reported to lie under South East England, but how much of it is recoverable? There was great excitement in the newsrooms of the UK in…

PNG Lands on the Petroleum Map

Papua New Guinea (PNG) is set to join the exclusive club of LNG exporting nations before mid-year when first cargoes ship from its US $19 billion LNG project. The ExxonMobil-operated facility was completed ahead of schedule…

Keep your Eye on NWAAM

The North West African Atlantic margin (NWAAM) is entering a new phase of activity. Despite the fact that many of the established petroliferous basins of Africa are entering the mature…

Ronda Uno

Mexico’s first exploration licensing round is a landmark event in the history of oil exploration in Latin America Mexico’s oil industry is opening up to the private sector after a 76-year…

A Golden Age for Gas?

Will shale gas be a game changer for Brazil? At the 2012 Rio Oil and Gas Conference it was revealed that the ANP had commenced a survey of Brazil’s shale…

Australia’s New Oil Heavyweight

Australia has a surprising new heavyweight in oil production – the western flank of the Cooper-Eromanga Basin. il production from this arid and remote region 800 km north of Adelaide…

Brazil’s Sub-Salt Discoveries Extend North

Recently announced deepwater, sub-salt discoveries in the Sergipe-Alagoas Basin extend that trend into Brazil’s north-eastern continental margin, over 2,000 km north of the Santos Basin discoveries. The smaller onshore portion…