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Brazil: Karoon Gas encounters 250 gross oil column at the Kangaroo-2 appraisal well offshore Brazil

Karoon Gas reports that the Kangaroo-2 appraisal well, offshore Brazil, has encountered multiple oil bearing zones, with oil confirmed and recovered from 5 separate reservoirs within the Palaeocene (formerly reported as the Eocene) and the Maastrichtian formations. ... more ...

Australia: Santos makes new wet gas discovery at Varanus South-1 in the Cooper Basin

JV partner Drillsearch Energy has announced a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper Basin. The Varanus South-1 well in PEL 513 (Drillsearch 40% and Santos 60% and Operator) is the first well to be drilled by Santos and Drillsearch under the joint venture between the companies announced in July 2013. ... more ...

Niger: Savannah Petroleum commences FTG survey on the R1/R2 licence area in Niger

Savannah Petroleum, the Niger focused oil and gas company, has announced that its airborne Full Tensor Gradiometry (FTG) survey on the R1/R2 licence area will commence today (Nov 27). ... more ...

Australia: Linc Energy finds oil shows in its first Arckaringa Basin exploration well

Linc Energy has announced that hydrocarbon shows have been detected in the Stuart Range Formation at the Pata 1 exploration well, the first of three wells in this year’s exploration program in the 103 billion barrel Arckaringa Basin. ... more ...

US: Rose Petroleum signs drilling contractor agreement for Uinta Basin drilling

AIM-listed Rose Petroleum has signed a drilling rig contract for a rig to be used at Rose's initial Uinta basin location, State 1-34 well, targeting the Mancos shale and testing a deeper conventional target. ... more ...

Uruguay: Spectrum commences 2D Multi-Client Deep Water infill project offshore Uruguay

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Spectrum has commenced a 3,600 km Multi-Client 2D seismic survey offshore Uruguay. The new acquisition program will infill Spectrum's survey acquired in 2013 and cover open, ultra deep water acreage in the Oriental del Plata and Pelotas basins, anticipating the third licensing round in Uruguay expected to be held in 2015.

The data is being collected by the vessel BGP Challenger and will be processed in Spectrum's processing center in Houston. PreSTM and PreSDM data will be available early in Q2 2015.

Richie Miller, EVP Multi-Client North & South America, comments: 'Continuing on with our strong relationship with ANCAP, Spectrum will be providing new long-offset data for the upcoming Round 3 in 2015. Following on from the successful 2013 survey, we are confident that this infill project will be well received by industry and provide the needed information for a successful round next year.'

The survey is supported by industry funding.

Original article link

Source: Spectrum

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