Category: Exploration
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
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
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
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
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
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
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
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
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
“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 [...]