Shell has made what it says is one of its largest US Gulf of Mexico exploration finds in the past decade from the Whale deep-water well. The well encountered more than 1,400 net feet (427 metres) of oil bearing pay. Evaluation of the discovery…
Total SA has confirmed upside potential with a sidetrack to its Ballymore discovery. Drilled to a final depth of 8,898 metres, the Ballymore well encountered 205 metres of net oil pay in a high-quality Jurassic Norphlet reservoir. The well is in 2,000 metres of water…
The auction for exploration rights to 29 deepwater areas in the Mexican Gulf has attracted strong interest from individual operating companies and from consortia. The Comisión Nacional de Hidrocarburos (CNH) recently announced the list of approved the bidders for Round 2.4, and the list…
Further to the announcement by the Government of Indonesia, Premier has confirmed that it, together with its joint venture partners Mubadala Petroleum and Kris Energy, has been awarded the Andaman II Licence in the 2017 Indonesian Licence Round. The Andaman II licence is located…
On the 30th January BP announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland. BP is 100% owner of Capercaillie and the Achmelvich…
Total has announced that the Fort Hills oil sands project located in Alberta, 90 kilometres north of Fort McMurray, has achieved first oil. Production will ramp up over the next months to reach a plateau of 180,000 bpd. The project is operated by Suncor…
Last year the Nord Stream pipeline system in the Baltic Sea delivered 51 bcm of gas to consumers in the European Union. The system operated at 93% of its annual 55-bcm design capacity of 55 bcm – the highest since the twin pipeline system…
Energean Oil & Gas has contracted Stena Drilling to work on the deepwater Karish gas field project offshore Israel. The contractor will deploy the Stena Forth drillship (or an alternative rig, subject to agreement by all parties) to drill at least three development wells…
Alesco bolsters energy practice with key hires Alesco Risk Management Services, a specialist insurance and risk management broker, has expanded its energy division with the appointment of two new partners. Alison Schwab joins Alesco from Wortham Insurance in Houston where she held the position…
The revolution in US shale oil has battered Canada’s energy industry in recent years, ending two decades of rapid expansion and job creation in the nation’s vast oil sands. Now Canada is looking to its own shale fields to repair the economic damage. …
