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BW Energy announces substantial oil discovery at Bourdon field offshore Gabon

Oilfield Technology

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.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

The Majnoon Oil Field is a super-giant oil field located 60 km from Basra in southern Iraq. It is one of the richest oil fields in the world with an estimated 38 billion barrels of oil in place. Iraq’s state-run Basra Oil Company operates the field with support from China’s Anton Oil and KBR.

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ExxonMobil CEO Darren Woods on Doubling Recovery Rates and the Future of Fracking

Oil Gas Leads

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. There are a number of emerging technologies that were trialing in the field that we think will continue to improve the recovery rate.