Light Oil Discovery News

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling has emerged as the winner for Petrobras' moored semisubmersible tender with the 4,600-ft Nanhai 8 (also known as Nan Hai Ba Hao).Noble has secured a high-dayrate drillship contract with Prime Energy in the Philippines.Drilling Activity and…

TGS commences new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide customers with high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3,100 km2 3D multi-client survey, extending TGS' existing multi-year 3D Hoop coverage to more than 20,000 km2. The survey will be acquired by the M/V GECO Eagle towing 10 streamers and will cover similar Jurassic targets as the new Wisting light oil discovery. NBR14 is an extension of TGS long offset 2D grid in the Barents Sea, adding 6,600 km to the existing data library. The survey will cover the Eastern part of the Norwegian Barents Sea, including the newly opened area in the former disputed Norway-Russia zone.