OilPrice

MAY 27, 2025

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. The high-volume, low-cost development offshore the South American country, which started production just five years ago, is already pumping more than 660,000 barrels per day (bpd) of

Barrel 306

Barrel Oil In Place Oil Offshore 306

OilPrice

JUNE 2, 2025

The Kashagan oilfield, which began production in 2013, is expected to hit the landmark 1 billion barrels of cumulative production by the end of the year, according to Kazakhstan media. Kashagan is located in the North Caspian Sea in Kazakhstan and is one of the biggest oil discoveries globally of the past 50 years.

Barrel 162

Barrel Oil In Place Oil 162

Oil & Gas 360º

MAY 28, 2025

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. The high-volume, low-cost development offshore the South American country, which started production just five years ago, is already pumping more than 660,000 barrels per day (bpd) of crude.

Barrel 130

Barrel Oil Offshore Casing 130

Oilfield Technology

APRIL 25, 2025

BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence offshore Gabon, announced on 7 March 2025.

Sidetracking 52

Sidetracking Offshore Oil In Place Field 52

Oil Gas Leads

MARCH 31, 2025

oil and gas production, but its far from perfect. In fact, the industry typically recovers only 5% to 10% of the oil in place from shale reservoirs. Technology is the Differentiator ExxonMobil is placing a major strategic emphasis on R&D and data-driven solutions in shale development.

Hydraulic Fracturing 52

Hydraulic Fracturing Oil Gas Oil In Place 52