Exploration News

1. OMV Hits Gas at Norway's Velocette

   OMV made a gas discovery at the 6607/3-1 S well in Norway.

2. MCF Energy Secures Oil and Gas Concession in Germany

   The concession for Erlenwiese is good for an initial term of three years.

3. Equinor Declares Commerciality for Campos Basin Assets in Brazil

   Equinor has submitted declarations of commerciality and development plans to Brazil for two development areas in the BM-C-33 concession in the Campos Basin.

4. USA Government Ordered to Expand Gulf of Mexico Oil Auction

   The Biden administration has been ordered by a federal judge to expand its sale of Gulf of Mexico oil leases later this month.

5. Longboat Announces Minor Find at Velocette

   'The presence of good quality sandstone reservoir, which was the main pre-drill risk, and the presence of gas is encouraging'.