Discoveries

TotalEnergies discovers oil and gas in OML 102 offshore Nigeria

TotalEnergies announced the Ntokon oil and gas discovery on OML102 offshore Nigeria, on Tuesday, June 13. Located in shallow waters, 60 kilometres (km) off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 metres of net oil pay...

CGX encounters 71 feet of net oil pay at Wei-1 well

No word on commerciality Drilling costs revised upward again After completing the drilling of the Wei-1 well offshore Guyana, CGX Energy Inc. on Tuesday announced a discovery of 71 feet of net oil pay. The CGX exploration campaigns in recent years...

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...

Latest News

Hess facing three lawsuits over disclosures in Chevron deal

(Reuters) - Oil producer Hess (HES.N) on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over...