Search Follow us
Elaine Reynolds
20 March 2019

Orinduik resource upgrade for Eco Atlantic offshore Guyana

Company adds mainly Tertiary prospects to portfolio

A CPR carried out for Eco Atlantic by Gustavson Associates LLC has increased the gross prospective resources (P50) in its Orinduik Block, offshore Guyana, from 2,913mmboe to 3,981mmboe. The new figure was assessed after taking into account ExxonMobil’s Hammerhead Tertiary discovery, together with the processing and interpretation of 2,550km2 3D seismic acquired in 2017.

The bulk of the increase is due to the addition of five new leads, of which four, Jethro, Jethro Ext, Joe and HH are all targeting the Tertiary.

Read more...
Elaine Reynolds
20 June 2017

South east basin most popular in latest Mexico round

Following on from our recent Offshore Mexico ‘Exploration Watch’ (Click here for report), bidding in Round 2.1 was concentrated on the south east basins and saw the first entry to the basin of supermajor Shell as well as UK independent Cairn Energy. Ten of the fifteen shallow water blocks on offer were awarded, with nine of these located in the Sureste Basin. Only one block, Block 2, was awarded (to Dea Deutsche and Pemex) in the five blocks on offer in the Tampico-Misantla and Veracruz basins.

Read more...
3 March 2015

Five themes from oil majors’ 2015 updates


This post is an excerpt from the latest edition of our Catalytic Converter monthly (link), published on 25 February 2015.

As the Big Oil year-end 2014 reporting season draws to an end, we reflect on the main messages from the strategy updates.

Read more...