Exploration

Exploration

Israeli company Ratio Petroleum obtains exploration permit off Dakhla

OilNOW -
Israeli oil and gas exploration company Ratio Petroleum Partnership on September 24 signed an agreement with the National Office for Hydrocarbons and Mines (Onhym) giving exclusive rights to research and explore gas or oil deposits in the Atlantic block...
Exploration

Guyana government applauds ‘25 viable discoveries’, says local content remains key

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The Guyana government said on Thursday the latest oil discovery announced by ExxonMobil at the Cataback-1 well further enhances the country’s offshore potential, and that it is working to ensure Guyanese enjoy maximum benefits from the rapidly growing hydrocarbon...
Exploration

High quality crude, big investments propelling Guyana as key global player

OilNOW -
The light sweet crude being produced in Guyana is poised to help meet a rise in global energy demand which the U.S. Energy Information Administration (EIA) says could increase 47% in the next 30 years, driven by population and...
Exploration

Disappointment at Suriname’s Block 58 as Keskesi fails to deliver commercial oil

OilNOW -
APA Corporation announced on Wednesday the results from appraisal drilling at Keskesi South-1 on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies, the operator, holding a 50% working interest. Keskesi South-1, drilled...
Exploration

Exxon targeting 12-well bonanza at Kaieteur Block

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ExxonMobil recently submitted an application for environmental authorization to the Environmental Protection Agency (EPA) to proceed with a 12 well exploration campaign on the Kaieteur Block, Offshore Guyana. The company has already applied to the EPA for authorisation to...
Exploration

CGX says Kawa-1 results so far consistent with expectations

OilNOW -
CGX Energy Inc. said on Friday that well results so far from Kawa-1 are consistent with pre-drill expectations, signaling potential positive results from its first campaign offshore Guyana in over 9 years. “The well results thus far are consistent with...
Exploration

Touchstone makes major discovery in Trinidad at deepest exploration well to date

OilNOW -
Touchstone Exploration Inc. announced on Friday that it has completed drilling the Royston-1 exploration well and is pleased to announce that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data. Royston-1 was drilled to a total...
Exploration

Head of Guyanese energy chamber says Exxon moving in right direction on local content

OilNOW -
President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, said on Monday the organisation welcomes the comments made by President of ExxonMobil Guyana, Alistair Routledge, that by next year the company is moving almost all its...
Exploration

Tullow looking to bring in partners, reduce capital exposure in Guyana

OilNOW -
UK-based Tullow Oil said last week that strong operational performance in the first half of the year and transformational debt refinancing have put the company on a firm footing to deliver its business plan, even as it looks to...
Exploration

More than 600,000 wells to be drilled globally between 2021 and 2030 – Rystad Energy

OilNOW -
Global drilling activity is poised to bounce back from a tough 2020 with close to 58,000 wells lined up for this year and over 600,000 expected to be drilled by 2030, according to Norway-based energy research and business intelligence...
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ExxonMobil begins maintenance on Liza Destiny FPSO 

ExxonMobil commenced maintenance on the Liza Destiny floating, production, storage and offloading vessel (FPSO) within Guyana's Stabroek Block on...

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