88 Energy has announced that the post-well evaluation of the Merlin-1 well has successfully demonstrated the presence of oil in multiple stacked sequences in the Cretaceous Nanushuk Formation (N20 and N18 targets).
United Oil & Gas has announced the spudding of the ASX-1X exploration well in the Abu Sennan Licence, onshore Egypt. The well is located c. 7km to the north of the producing Al Jahraa field and will test a number of stacked reservoir targets.
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Magseis Fairfield has been awarded a large Ocean Bottom Node survey in Asia for an undisclosed customer. The duration of the survey is approx. five months and is scheduled to commence in the fourth quarter 2021. The survey will be performed using the Z700 node technology.
Summit Exploration and Production has announced the farmout of UK Central North Sea Licence P.2382 (Block 22/14c) to Dana Petroleum. Licence P.2382 contains the K2 prospect a low-risk, gas, exploration target that is within close proximity to established infrastructure.