MEO Australia Limited has been awarded a new exploration permit, WA-488-P in the Bonaparte basin, as part of the 2012 Gazettal Round. MEO will hold 100% interest in the permit. WA-488-P covers an area of 4,105 km2 and is located adjacent to MEO’s WA-454-P (100%) permit. MEO has identified a substantial prospect that it believes can be readily advanced to [...]
Brazil’s state-run oil company Petrobras last night announced the discovery of good quality oil in the Transfer of Rights area referred to as Entorno de Iara, in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is located at a water depth of 2,266 meters, 235 km off the coast [...]
At 06:00 WST on the 3rd of May, Proteus‐1 well, located in the Browse basin offshore W. Australia, had reached its current total depth of 4740m in the 8‐1/2” hole section. Since the last update the 12‐1/2” hole section was completed with the 9‐5/8” liner being run and cemented to 4168m prior to drilling ahead in [...]
Bass Strait Oil Company Ltd has increased its participating interest in the exploration permit Vic/P41 in the offshore Gippsland Basin. On 21 March 2013 Moby Oil and Gas Limited announced it had negotiated final terms on which to dispose of its 25% interest in the joint venture and the permit to Oil Basins Limited for a nominal sum. BAS [...]
Octanex N.L. has announced that a second 3D seismic survey has commenced in another of the Company’s offshore Taranaki Basin permits, PEP 52593 (Permit). The survey, named Karoro, is planned to acquire approximately 299km2 of new 3D data from within and adjacent to the Permit. The Karoro survey follows on from the Kokako survey that has been successfully [...]
Anadarko Petroleum Corporation today announced the discovery of a new natural gas accumulation fully contained within the Offshore Area 1 of the Rovuma Basin of Mozambique. The Orca-1 discovery well encountered approximately 190 net feet (58 meters) of natural gas pay in a Paleocene fan system. “Discovering another large, distinct and separate natural gas accumulation [...]
Borders & Southern, the London based independent oil and gas exploration company, provides an update on its activities in the South Falkland Basin. The PGS vessel Ramform Challenger has completed the Company’s 3D seismic programme in the South Falkland Basin offshore the Falkland Islands. It acquired 1,025 square kilometres of full fold seismic data. The [...]
April 9, 2013 | Posted in
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Spectrum and EMGS have entered into a cooperation agreement in the Foz de Amazonas basin in Brazil. Spectrum already has over 21,000 kilometers of MC 2D seismic data coverage of this highly prospective area of the equatorial margin. EMGS has been given access to this data for planning and improved imaging purposes and will soon [...]
March 21, 2013 | Posted in
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Petrobras and its partners in Block BM-S-11, BG E&P Brasil and Petrogal Brasil, announce negotiations are under way for the contracting with consortium QGOG/SBM (Queiroz Galvão Óleo e Gás S.A./ SBM Offshore) of two FPSOs for production development at Lula Alto and Lula Central, in Lula Field, in the pre-salt cluster of Santos Basin, offshore [...]
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, has submitted to the National Petroleum, Natural Gas and Biofuels Agency (ANP) declarations of commerciality for the Pipeline, Fuji and Illimani accumulations in the Campos Basin, as well as Discovery Evaluation Plans (PAD) for [...]