Saturday, March 25, 2023

Discoveries

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...

Exxon makes two more Guyana discoveries in incredible 2022 drill campaign

Stabroek Block operator ExxonMobil and its partners have made a double discovery – now a total of seven discoveries for the year 2022. The discoveries were made at the Seabob and Kiru-Kiru wells, southeast of the Liza and Payara developments. The...

Despite multiple discoveries, no timeline yet for first oil in Suriname

Suriname’s Block 58 has churned out five discoveries in total, but operator TotalEnergies E&P Suriname B.V. is yet to make a Final Investment Decision (FID). Government officials expressed hope during the recently held Suriname Energy, Oil and Gas Conference (SEOGS) that this...

Latest News

Forcing existing energy system out of use will send economies backwards – Chevron CEO

Without a doubt, the world needs to lower carbon emissions to prepare for a cleaner, greener future. But asking...