Category: Exploration

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33 companies in the race

33 companies in the race

The authorities have received applications from 33 companies, most of them active on the Norwegian shelf, in the Awards in Predefined Areas (APA) 2019 [...]
UKCS: Strong increase in exploration activity

UKCS: Strong increase in exploration activity

The exploration activity is thus strongly increasing, and the forecast for the number of exploration wells in 2019 is on a par with 2013-2014. In addi [...]
UKCS: New focus on the Southern Gas Basin

UKCS: New focus on the Southern Gas Basin

Shell has completed a 50% farm-in into license P2437 situated in the Rotliegend aged Lower Leman Sandstone play fairway, on the eastern edge of the So [...]
Ireland: Exploration opportunities for Europa Oil & Gas

Ireland: Exploration opportunities for Europa Oil & Gas

FEL 4/19 becomes Europa’s fourth FEL in a portfolio of six offshore Ireland licenses, it is 100%-owned by the company and is located next to the produ [...]
UKCS: Rhum Out of Round Licence Round

UKCS: Rhum Out of Round Licence Round

Interested companies can send their applications via the Petroleum License Applications Repository (LARRY) system on the Energy Portal and follow the [...]
Greenland: Major Resource Assessment Project well underway

Greenland: Major Resource Assessment Project well underway

In 2018, NUNAOIL initiated a comprehensive resource assessment project where the aim of the project was to establish which areas of Greenland have the [...]
UKCS: Jersey and Talon grab licenses in highly prolific areas

UKCS: Jersey and Talon grab licenses in highly prolific areas

Jersey Oil & Gas (JOG) receives 100% working interests and operatorship of three blocks in the Greater Buchan Area (GBA) including the Buchan oil [...]
UKSC: 31st Supplementary Offshore Licensing Round awards

UKSC: 31st Supplementary Offshore Licensing Round awards

Eleven blocks were originally on offer in this Supplementary Round, focused on the Greater Buchan Area of the UK Continental Shelf (UKCS). For the [...]
UKCS: New entrants are essential

UKCS: New entrants are essential

The study highlights amongst other that 170 new companies have entered the UKCS since 2008, out of which 72 remain active, and 31 currently hold reser [...]
High discovery rate, but small volumes

High discovery rate, but small volumes

“So far, 19 exploration wells have been completed this year. Out of these, 6 are discoveries, which corresponds to a finding rate of 32%, and all are [...]
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