Discoveries

Drilling to resume at CGX’s Wei-1 Guyana well, after medium-sweet oil find

CGX Energy said on Wednesday drilling operations at the Wei-1 well offshore Guyana has encountered multiple oil-bearing intervals in the western channel fan complex of the northern portion of the Corentyne Block. The intervals, CGX said, are in formations of...

Exxon strikes oil at Lancetfish-1 well

Hess Corporation on Wednesday announced a new oil discovery at the Lancetfish-1 well on the Stabroek Block, offshore Guyana. The Lancetfish-1 well encountered approximately 92 feet of oil-bearing sandstone reservoir. The well was drilled in 5,843 feet of water by...

Equinor strikes oil and gas at Heisenberg well in North Sea

Equinor said it struck oil and gas near the Troll field in the North Sea, its eighth discovery since 2019. The volumes are estimated to be between 24 and 84 million barrels of oil equivalent, with slightly more oil than...

Qatar, Shell hit pay for third time at Namibia’s hottest offshore prospect

QatarEnergy announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia. This is the third discovery made at the prospect. It said the Jonker-1X well was drilled to a total depth of...

Exxon strikes more oil at Fangtooth well offshore Guyana 

Fangtooth is the reservoir that keeps on giving as Stabroek Block operator ExxonMobil hit pay once again, early this month. The announcement was made by its partner Hess Corp on Jan. 25.  According to Hess, Exxon made a “significant” oil discovery...

Shell hits pay at Namibia’s Orange basin

Shell has hit pay at Namibia’s rising oil star – the Orange basin, according to Upstream Online in a January 23 report that said early signs from its Jonker-1 exploration probe “are promising”. Northern Ocean’s semi-submersible rig Deepsea Bollsta began...

Significant gas deposit found at Nargis well offshore Egypt – Eni

Eni announced a significant new gas discovery by Chevron at the Nargis-1 exploration well located in the Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well encountered approximately 200 net feet (61 metres) of Miocene...

TotalEnergies, Eni announce significant gas discovery off Cyprus

TotalEnergies and Eni (operator) have made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018. Located at approximately 160 km southwest of the Cyprus...

Petrobras finds gas at Uchuva well, offshore Colombia

A discovery of accumulated natural gas was made by Brazil’s state-owned Petrobras, 32 kilometers off the coast of Colombia in the Uchuva-1 well. The company announced Friday that the well was drilled at a water depth of approximately 830 meters,...

Guyana soaring up the oil and gas scale with 33 finds in seven years – Vickram Bharrat

ExxonMobil now has a total of 33 oil and gas discoveries in Guyana’s massive Stabroek Block with the latest made at the Seabob and Kiru-Kiru wells, according to the government of Guyana. This, according to Guyana’s Minister of Natural...

Latest News

Creativity, innovation at forefront as SBM Offshore Guyana-Monaco Mousetrap competition enters second year

The second leg of the Guyana-Monaco Mousetrap Car Grand Prix was held on April 19 at the Everest Cricket...