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ReconAfrica to accelerate drilling plan for Namibia exploration well

Oil & Gas 360º

As a result of the progress to date, ReconAfrica has accelerated the spud date for Prospect I to Q2 2025. “We have made great progress in getting Prospect I ready to drill and, as a result, we are accelerating the spud date into Q2 2025, said Brian Reinsborough, President and CEO of ReconAfrica.

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Equinor Hits New Discovery in Johan Castberg

Rigzone

The majority state-owned energy major put preliminary estimates for well 7720/7-DD-1H, or Drivis Tubaen, at 9-15 million barrels of oil. The well had a water depth of 345 meters, Equinor said. Drivis Tubaen is the 14th exploration well drilled in production license 532, awarded 2009, according to Equinor.

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ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

million barrels of oil equivalent. This is the third exploration well in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice. million barrels of oil equivalent) in Triassic reservoir rocks. million standard cubic meters of oil equivalent (approximately 30.8

Oil 104
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bp discovers oil at Far South prospect, deepwater U.S. Gulf

Oil & Gas 360º

bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. million barrels of oil equivalent in 2030, with the capacity to increase production out to 2035.

Oil 130
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DNO Closes Acquisition of Sval Energi for $450MM

Rigzone

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. DNO noted that it has four development wells and one exploration well planned in the period through 2026.

Energy 67
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Gran Tierra to Sell UKCS Asset to NEO Energy for $7.5MM

Rigzone

First-Quarter Results Gran Tierra reported first-quarter total average working interest before royalties (WI) production of 46,647 barrels of oil equivalent per day (boepd), 14 percent higher than the previous quarter and 45 percent higher year over year. Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

E&P 130