Exploration

Exploration

AAPG geosciences workshop in Suriname to focus on offshore oil potential

OilNOW -
The American Association of Petroleum Geologists (AAPG) is set to stage a Geosciences Technology Workshop (GTW) in Suriname to be held at the Torarica Hotel in Paramaribo on November 6-7, 2019. The workshop will focus on recent discoveries and exploration...
Exploration

Extensive logging exercise ongoing at Ranger 2 well

OilNOW -
Appraisal drilling and related activities are ongoing at the Stabroek Block offshore Guyana as US oil major ExxonMobil moves to assess several discoveries and map out future targets. Hess corporation, a 30% co-venturer on the block, provided an update on...
Exploration

World ‘awash’ in oil says US Energy Secretary

OilNOW -
(Bloomberg) Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Bloomberg TV interview. U.S. shale production has turned the world...
Exploration

Halliburton, Repsol sign cloud data management deal for exploration and production

OilNOW -
Halliburton Company (NYSE: HAL) announced on Monday a multi-year agreement with Repsol to provide a cloud-based master data management solution for exploration and production (E&P) activities. The software as a service enables users to load, ingest, manage and access...
Exploration

Rowan Jack up rig arrives for Repsol drill campaign at Kanuku Block

OilNOW -
The Rowan/Valaris EXL II jack up rig has arrived in Guyana’s waters in preparation for drilling in the offshore Kanuku Block for Repsol, following its drilling campaigns in Trinidad over the past few years for petroleum giant BP. Services company...
Exploration

SBM close to deal with Chinese yard for FPSO hull

OilNOW -
Dutch floater specialist SBM Offshore could be close to an agreement with Chinese yard China Merchant Heavy Industry (CMHI) for construction of another new hull for a floating production, storage and offloading vessel (FPSO) under its Fast4Ward® design, according...
Exploration

Guyana among countries set to transform Latin America into oil production powerhouse

OilNOW -
Mexico and Venezuela have long been key oil producers of Latin America but with political uncertainty and market volatility mounting, a new generation of oil producing countries are set to transform the region. This includes the tiny country of...
Exploration

CGX hires PGS for Corentyne survey, defers rig contract

OilNOW -
Canadian oil and gas company CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up...
Exploration

Costa Rica could take 2nd referendum in country’s history to pursue oil production

OilNOW -
Costa Ricans could get the chance to vote on the future of their country’s oil and gas exploration policy after a court on September 20 authorized pro-exploration activists to gather signatures for what would be only the second referendum...
Exploration

Guyana offshore gets busy with new discoveries and more wells planned

OilNOW -
US oil major ExxonMobil is targeting two new wells on its Stabroek Block following the company’s 14th discovery announced last week at Tripletail. Tullow Oil, which announced the Jethro-Lobe discovery on the Orinduik block in August quickly followed it...
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Guyana rejects China’s border controversy comments, points out silence on Venezuela’s election plans 

The Government of Guyana has addressed a recent call from China’s Embassy in Georgetown for Guyana and Venezuela to...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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