Petrobras, Brazil’s state-controlled oil company, today announced it has submitted Declarations of Commerciality to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) for the oil and gas accumulations in the Aruanã and Oliva areas, located in concession BM-C-36, block C-M-401, in the Campos Basin post-salt, in Brazil. In the proposal sent to the ANP, [...]
Det norske oljeselskap ASA, as partner, is currently in the process of drilling exploration well 16/10-5 on the Isbjørn prospect in Production License (PL) 568. The primary target in the well was Upper Jurassic (the Ula Formation). The well encountered reservoir rocks of good quality, as expected, but they were water-bearing. The drilling of the [...]
A ‘Notice of Discovery and its Commerciality’ for the Absheron discovery was submitted on June, 1 on behalf of the partnership Socar – Total – GDF Suez by operator Total E&P Absheron. The step is described as “an important milestone in the frame work of the Agreement on Exploration, Development and Production Sharing for the [...]