BP Begins Exploration Campaign on the Canadian Shelf
The leading international mining corporation BP is starting an exploration campaign on the Canadian shelf. The company’s plans include geological exploration with potential discoveries worth billions of barrels of oil. The drilling vessel Stena IceMax will drill the Ephesus F-94 well in the Orphan Basin offshore Newfoundland and Labrador. According …
Eni: Results for the Second Quarter and Half Year 2022
Eni’s Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the second quarter and first half 2022. Eni CEO Claudio Descalzi said: “Amid uncertainty and volatility in markets we moved fast to secure new energy supplies. After new gas agreements with our partners in Algeria, …
Exploration Over the Last Ten Years, and the Next Five
David Bamford, Petromall Ltd On the occasion of ROGTEC’s 10th anniversary, I would like to step back and reflect on Exploration since the magazine’s dawn, and over the immediate future. It is very clear that the Majors failed to discover adequate new reserves last year – a good summary can …
Rosneft and Statoil Start Exploration Operations on the Norwegian Continental Shelf in the Barents Sea
18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713 prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig. The water depth is 422 meters and the drilling …
Rosneft Started Geological Exploration in the Barents and Pechora Sea
Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prinovozemelsky and West …
Costs are Holding our Industry Back… Again!
David Bamford, Petromall This oil & gas industry of ours goes through cycles, tied by elastic to the price of oil and gas. On the back of the decade long rise in oil prices and the corresponding boom in exploration and production activity, costs have escalated – exponentiated some would …
Efficient Technologies of Tatneft in Exploration of Oil and Gas Deposits
TATNEFT Company is successfully implementing the method of local targets geochemical testing in forecasting oil saturation. The technology developed by the Company’s professionals is related to the area of petroleum geology, and particularly to prospecting, exploration and delineation of oil and gas deposits. The method proposed by TATNEFT’s professionals involves …
Kara-Summer 2013 Expedition Ends Fieldworks in the Kara Sea
The Kara-Summer 2013 expedition organized by Rosneft in partnership with the Arctic and Antarctic Research Institute completed its voyage on August 16, 2013. Experts spent 30 days at sea aboard the Akademik Fyodorov survey vessel owned by the Arctic and Antarctic Research Institute. They conducted a large scale met-ocean survey …
Max Petroleum Plc: Successful development well at Zhana Makat
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-A21 development well in the Zhana Makat Field has successfully reached a total vertical depth of 861 metres, encountering hydrocarbons in Neocomian and Jurassic sandstone reservoirs in line with expectations. …
Max Petroleum Plc: Spudding of ZMA-A21
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-A21 development well in the Zhana Makat Field on Block E using the Zhanros ZJ-30 rig. Total vertical depth of the well will be approximately 860 …