Exploration

Exploration

Exxon wrapping up 4D Seismic operations at Stabroek Block

OilNOW -
ExxonMobil will soon conclude 4D seismic surveying operations at the 6.6 million acres Stabroek Block offshore Guyana. The seismic equipment recovery will incorporate the use of the MV Thor Alpha, MV Thor Freyja and SV Ramform Tethys.   The Maritime Administration...
Discoveries

Petrobras makes new oil find in Campos basin

OilNOW -
Brazilian state-run oil company Petrobras recently announced the discovery of a new accumulation of oil in the pre-salt of the southern part of the Campos Basin in a pioneer well in the Alto de Cabo Frio Central block. The Well 1-BRSA-1383A-RJS (Alto de Cabo...
Exploration

Guyana pointing explorers to available acreage ahead of landmark bid round

OilNOW -
Guyana - the hottest new petroleum exploration destination on the planet - is currently inviting oil explorers to tap into unlicensed onshore and offshore acreages. As the country prepares to auction oil blocks later this year, the Guyana Office for...
Exploration

Baker Hughes to boost well capabilities with acquisition of Norwegian firm

OilNOW -
Baker Hughes said on Monday that it will be acquiring Altus Intervention, a Norwegian company with four decades of industry experience developing well-intervention solutions. With this acquisition, Baker Hughes will have the opportunity to further improve its life-of-well capabilities for...
Exploration

Exxon resuming drill campaign at Barreleye-1

OilNOW -
ExxonMobil is set to continue drilling activities at the Barreleye-1 prospect at the Stabroek Block offshore Guyana, following ongoing drilling activities at Kiru Kiru which commenced earlier in March. The drill campaign at Barreleye-1 had started in January but was not...
Exploration

Exxon in search of more crude at Kiru Kiru as Stabroek Block campaign intensifies

OilNOW -
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), is drilling yet another well, Kiru Kiru-1, at the Stabroek Block offshore Guyana. A notice from Guyana’s Maritime Administration Department (MARAD) stated March 14 as the start date for drilling activities,...
Exploration

Repsol in search of critical services for new well at Kanuku Block

OilNOW -
Spanish oil firm Repsol, operator of the Kanuku Block offshore Guyana, is in search of companies to provide information regarding well testing services. In Requests For Information (FRI) posted by its local affiliate Repsol Exploración Guyana on Friday, the company...
Exploration

CGX raises US$35 million for new well on Corentyne Block, other activities in Guyana

OilNOW -
CGX Energy Inc. and Frontera Energy Corporation announced on Friday that they have entered into a financing agreement for a US$35 million loan that will enable CGX to continue to finance part of its share of costs related to...
Exploration

Exxon, EPA could have agreement in place by month end for US$2B environmental assurance

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) on Wednesday told reporters that in the very unlikely event a major accident such as an oil spill occurs at the offshore Stabroek Block, the consortium has the technical and...
Exploration

Investment in technology delivering big results for Exxon in Guyana – Woods

OilNOW -
The application of technology across a broad spectrum of its operations in Guyana has enabled ExxonMobil to deliver significant discoveries at an unprecedented rate since the company hit the first jackpot at Liza-1 just under seven years ago. This...
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Steam turbines, oil tanks in Guyana for Gas-to-Energy project

US-based group Lindsayca-CH4 said two state-of-the-art steam turbines and two oil tanks arrived in Guyana on December 21, 2024.  The...

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