Category: Uruguay

With 3D reprocessing of asset off Uruguay nearly done, Isle of Man-based firm hoping for 2026 drilling decision

(offshore-energy.biz) Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing work being carried out for an exploration block off the coast of Uruguay. According to Challenger, the technical work program for the AREA OFF-3 block is progressing well, with the full-depth reprocessing of 1,250 square kilometers... Continue Reading →

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Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025

(ofshore-energy.biz) Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is underway at the AREA OFF-3 block to secure... Continue Reading →

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Funding Latin America’s Energy Transition

(oilprice.com) Several countries across Latin America have made ambitious climate pledges over the last few years, but can they deliver on their promises? The region is well known for its oil and gas production, as well as for its rapidly expanding critical mineral industry. Using experience from already strong energy sectors, can countries such as... Continue Reading →

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PGS updating offshore Uruguay seismic

(OM) PGS has received approval from regulatory authority ANCAP to reprocess and rejuvenate its Uruguay MC3D GeoStreamer dataset. The survey 3DUR12, acquired in 2012, covered 15,600 sq km across the prospective offshore Pelotas Basin. It identified potential stratigraphic traps in the Syn-rift and Post-rift sequences. Reprocessing should help redefine exploration frontiers in this region, PGS said. The company’s... Continue Reading →

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