Exploration
News
April 03, 2024
Who Dat East is estimated to contain 17 MMboe of gross unrisked 2C Contingent Resources. The Who Dat South prospect is estimated to contain 31 MMboe of gross unrisked 2U Prospective Resources, with the geological probability of success estimated to be 52%.
News
April 03, 2024
In partnership with Malaysia Petroleum Management (MPM), PETRONAS, the custodian of oil and gas resources in Malaysia, this project aims to provide insights on the exploration opportunities in a broader play fairway and to assess the carbon storage potential across Penyu basin area.
News
March 31, 2024
Activities include acquiring over 26,000 km2 of 3D seismic data, drilling at least four deepwater research wells, and geoscientific studies in the Save and Angoche offshore regions.
News
March 25, 2024
The Norwegian Offshore Directorate announced that it has granted Aker BP a drilling permit for exploration well 24/6-5 in production license 203 in Norwegian North Sea.
News
March 21, 2024
Heisenberg, a new shallow play in the northern part of the Norwegian North Sea, is now estimated to hold recoverable volumes in the range of 24 to 56 MMboe.
News
March 20, 2024
Petrobras expects to invest roughly $7.5 billion in five years to explore for oil and gas in prospective regions like the Santos basin, Pelotas basin and Equatorial Margin. Mendes also revealed that the company plans to drill two Colombian exploration wells and discussed developing the deepwaters of northeast Brazil.
News
March 20, 2024
The blocks, situated offshore to the east of the Unguja and Pemba Islands within water depths between 500 m and 3,000 m, represent a large frontier area and form part of a five-year exploration road map.
News
March 18, 2024
The field has been tested to produce approximately 742 bopd from a single well. Through continued exploration, the proved in-place volume of the Qinhuangdao 27-3 oil field has reached 104 MMtoe.
News
March 18, 2024
The Bluefin well encountered approximately 197 ft (60 m) of hydrocarbon-bearing sandstone and was drilled in 4,244 ft (1,294 m) of water, Exxon said in a statement. Bluefin joins the more than 30 oil discoveries in the Stabroek block since 2015, Exxon added.
News
March 15, 2024
Drilling operations on PEL 83 encountered a significant column with light oil in reservoirs of high quality. The AVO-3 exploration target, the AVO-1 appraisal target and a deeper target were fully cored and logged.
News
March 13, 2024
The joint venture between Harbour Energy, Aker BP and Sval Energi confirmed a natural gas discovery in well 15/9-25 in the North Sea.
News
March 12, 2024
The AREA OFF-3 license has substantial existing 2D and 3D seismic coverage, with two previously identified material prospects possessing currently estimated gross resource potential of up to 2 Bboe and up to 9 Tcfg.
News
March 11, 2024
TGS, in partnership with SLB and Petrobangla, has acquired a 2D multi-client seismic data survey that has widespread coverage across offshore Bangladesh, encompassing over 75,000 km2 across all 24 blocks on offer in the bid round.
News
March 08, 2024
The well was tested to produce an average of approximately 7,680 bpd and 0.52 MMcfgd. Through continued exploration, the proved in-place volume of Kaiping South oil field has reached 102 MMtoe.
News
March 08, 2024
The well encountered light oil, gas, and condensates in various intervals of Cenomanian age characterized by good to excellent permeability values. Preliminary assessments indicate potential resources ranging between 1 and 1.5 Bboe.
News
March 06, 2024
Chevron will pay to CEG $12.5 million cash on completion of the transaction. Chevron will carry 100% of CEG Uruguay's share of the costs associated with a 3D seismic campaign on AREA OFF-1, up to a maximum of $15 million net to CEG Uruguay.
News
March 06, 2024
Located within the prolific Orange basin, 200 km off the western coast of South Africa, Block 3B/4B covers an area of 17,581 km2. Block 3B/4B is adjacent to the DWOB license operated by TotalEnergies (50%) alongside QatarEnergy (30%) and Sezigyn (20%).
News
March 05, 2024
PETRONAS will drill the Sloanea-2 appraisal well starting in April 2024. A production test will also be carried out. The drilling platform is now drilling the Fusaea-1 exploration well in Block 52 and already drilled the first part of the Sloanea-2 well in February.
News
March 04, 2024
Following the completion of the well, the estimated recoverable volumes for the Adriana discovery have been revised upwards, from an initial 19-31 MMboe to a new estimate of 28-43 MMboe.
News
CNOOC reportedly hits significant discovery in world’s largest metamorphic rock field offshore China
February 26, 2024
The discovery of an additional 40 MMcmg now brings Bozhong’s proven reserves to 200 MMcmg, making it the largest metamorphic rock oil field in the world.
News
February 22, 2024
Officials said Thursday that they are now reevaluating the discovery, named Orca-1. In the processes of working to verify its size, Ecopetrol found two previously unknown natural gas deposits, raising hopes that the country will still be able to expand its offshore gas production.
