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17 Jan 19
Sri Lanka offering Mannar Basin Block M2 for licensing
The Government of Sri Lanka is preparing for the competitive licensing of Exploration Block M2 in the Mannar Basin. The M2 Block, covering approx. 3,500 sq kms, has two gas discoveries, Dorado 91 H/1z and Barracuda 1G/1, and a number of undrilled prospects.
17 Jan 19
Canada: Husky's offer for MEG expires without extension
Husky Energy has announced that its offer for MEG Energy expired on January 16 and that the minimum tender condition was not met. Due to insufficient MEG Board and shareholder support, Husky has decided not to extend its offer.
17 Jan 19
UAE: PGNiG signs agreement for oil and gas exploration in UAE
PGNiG, the Ras Al Khaimah Petroleum Authority and RAK GAS have signed an agreement whereby the Polish company is permitted to explore for and produce hydrocarbons in Block 5 in the emirate of Ras al Khaimah.
17 Jan 19
UK: Downhole Steam Injection Valve takes the next step towards North Sea reality
Pharis Energy and the Oil and Gas Technology Centre ('OGTC') have given the green light to Aberdeen-based oil and gas production technology business, Pragma Well Technology, to progress with the manufacture and prototype testing of their Downhole Steam Injection Valve ('DSIV') following a successful feasibility study.
17 Jan 19
US: Permit to drill approved for 88 Energy's Winx-1 well, North Slope of Alaska
88 Energy reports that the Permit to Drill for the Winx-1 exploration well, North Slope of Alaska, has been approved by the Alaska Oil and Gas Conservation Commission. Spud remains on schedule for mid-late February 2019.
17 Jan 19
Zargon Oil & Gas engages financial advisor
Zargon Oil & Gas has re-engaged Macquarie Capital Markets Canada as financial advisor to assist in seeking outcomes that will maximize value for the Company and its stakeholders. These outcomes may include a corporate merger, sale, recapitalization or reorganization.
17 Jan 19
Trinidad: Touchstone announces Ortoire independent prospect evaluation
Touchstone Exploration has announced a summary of the results of an independent review prepared by GLJ Petroleum Consultants of Calgary, Alberta of the Company's Ortoire exploration block located onshore in the Republic of Trinidad and Tobago.
17 Jan 19
Woodside announces fourth quarter report
Woodside has announced its fourth quarter report 2018. Woodside CEO Peter Coleman said the base business turned in another strong performance in the fourth quarter, with Wheatstone’s production continuing to exceed expectations and Pluto achieving 99.7% reliability.
17 Jan 19
US: Oil Search's Pikka B well in Alaska encounters hydrocarbons in the Nanushuk formation
Oil Search reports that the Pikka B appraisal well has penetrated the Nanushuk formation and successfully encountered hydrocarbons, in line with pre-drill expectations.
16 Jan 19
GeoPark announces Q4 2018 operational update
GeoPark, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil and Chile, has announced its operational update for the three-month period ended December 31, 2018.
16 Jan 19
UK: Oil & Gas UK issues statement on Brexit
Oil & Gas UK Chief Executive Deirdre Michie said: A deal outcome is in the best interests of this industry, which is critical for security of energy supply and supports hundreds of thousands of skilled jobs right across the UK.
16 Jan 19
Australia: Subsea Integration Alliance awarded integrated EPCIC contracts
Subsea Integration Alliance has been awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts by Esso Australia, representing the first integrated subsea project for Subsea Integration Alliance in Australia combining OneSubsea and Subsea 7 expertise in subsea production systems (SPS) and subsea umbilical, riser and flowline (SURF) systems.
16 Jan 19
UK: Equinor to drill Verbier appraisal well with West Phoenix rig
Jersey Oil & Gas has been advised by Equinor that the West Phoenix rig has moved off contract with Equinor Norway and will shortly come on contract with Equinor UK to commence operations on the three well UKCS drilling programme operated by Equinor UK, which includes the appraisal drilling of the Verbier discovery, the third well in the programme.
16 Jan 19
Norway/UK: Faroe announces Edinburgh Prospect Partnership with Shell and Spirit following APA 2018 award
Faroe Petroleum has announced its partnership with subsidiaries of Royal Dutch Shell and Spirit Energy following the award of PL 969 in the recent APA licensing round with the intention to advance the large, cross-border Edinburgh prospect towards a drill decision during 2019.
16 Jan 19
China: CNOOC commences production at the Huizhou oil field project in the South China Sea
CNOOC Limited has announced that the Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project, located in south-central part of the eastern South China Sea, has commenced production.
16 Jan 19
Norway: Faroe Petroleum awarded eight exploration licences in the Norwegian North Sea as part of APA 2018
Faroe Petroleum has been awarded eight new prospective exploration licences, including four operatorships, in the Norwegian North Sea under the 2018 Norwegian APA (Awards in Pre-defined Areas) Licence Round.
16 Jan 19
New Zealand: OMV to undertake Pohokura Intervention Campaign offshore New Zealand
In February, OMV New Zealand will be undertaking the Pohokura Intervention Campaign, which is aimed at re-establishing the deliverability of the existing offshore wells through ‘well intervention’ activities.
16 Jan 19
Norway: Wellesley Petroleum granted drilling permit for well 25/1-13 in PL 871
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for wildcat well 25/1-13 in production licence PL 871. The well will be drilled about 6 kms southeast of the shut down Frigg field in the central part of the North Sea.
16 Jan 19
Australia: Cliff Head production returns to over 1000 bbls/day
Triangle Energy reports that production at its Cliff Head oil field in the Perth Basin has returned to over 1000 bbls/day following a successful work-over programme.
16 Jan 19
Norway: Equinor announces gas and condensate discovery south of the Kristin field
Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well. Recoverable resources are estimated at 6-25 million barrels of oil equivalent.
16 Jan 19
Tullow Oil announces Trading Statement & Operational Update
Tullow Oil has issued a statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2018.
16 Jan 19
UK: Corallian Energy's Wick well disappoints
Reabold Resources has announced that Corallian Energy, operator of the Wick well located in the UKCS Block 11/24b, has informed the Company that the target Beatrice sands, whilst present in the well, were water bearing. The well has been drilled to a total depth of 1000m.
16 Jan 19
UK: UK Oil & Gas continues oil production at Horse Hill-1
UK Oil & Gas (UKOG) has announced that sustained production continues to be maintained from the HH-1 extended well test ('EWT') programme, achieving a gross aggregate total of over 25,000 barrels to date, a significant production milestone.
16 Jan 19
Australia: Woodside awards contracts for Scarborough Project
Woodside has awarded four contracts for front-end engineering design activities for the proposed Scarborough Project. The contracts are for engineering activities related to the upstream development’s floating production unit, the export trunkline and the subsea umbilical risers and flowlines.
15 Jan 19
Frontera Energy announces update on operations in Colombia, Peru and Guyana
Frontera Energy has announced an update on operations in Colombia, Peru and Guyana. Progress continues to be made with respect to the finalization of a joint venture agreement with CGX Energy in Guyana.
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