Schlumberger begins wide-azimuth survey in Gulf of Mexico
The survey is in the the Salina del Istmo Basin in the Bay of Campeche and includes the recent Zama-1 discovery.
Browse the latest exploration news and articles.
The survey is in the the Salina del Istmo Basin in the Bay of Campeche and includes the recent Zama-1 discovery.
Recoverable resources in the Ørn exploration well are estimated at 8 – 14 million m3 of oil equivalent, corresponding to 50 – 88 million boe.
Evaluation of logging and sampling data has confirmed that Joe-1 has encountered 14 m of net oil pay in high-quality oil bearing sandstone reservoirs.
Analysis of the logs, use of offset comparison data and cut-offs, in conjunction with advanced wireline tools has indicated an increase in net pay of 17 m, which brings the total net pay to 58 m using the cutoffs from the nearby Waitsia field.
The 6-month project will cover approximately 8500 km2 and will be acquired by the Amazon Warrior using 14-streamers and Flexisource triple source.
At an event in Rio de Janeiro, firms paid a total of US$3.74 million for the rights to explore the areas in question.
The company has upgraded its full year oil production guidance to 21 000 – 23 000 bpd from 19 000 – 22 000 bpd.
The marine acquisition surveys will be carried out by the Amazon Conqueror, starting in 3Q19.
Solo will divest its interest in Burj Petroleum Africa, a company which had applied for various undeveloped fields in the 2014 Nigerian Marginal Fields Bid Round, for a nominal consideration of £1 to Burj Petroleum Corp., an existing shareholder.
The 4-month survey will start in 3Q19 and will be conducted by the Polar Express immediately after its completion of a full North Sea summer season.
The country's ongoing bidding round, which includes 10 onshore blocks in the Namibe and Benguela basin, will be presented at Africa Oil & Power 2019 in Cape Town, South Africa.
The project will comprise reimaging data from three overlapping seismic surveys totalling 3600 km2 that were acquired between 1999 and 2008.