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NYSE:E) and a group of Angolan companies successfully drilled the country's first dedicated gas explorationwell in the Lower Congo Basin, with preliminary estimates suggesting the reserve holds more than 1 trillion cubic feet of natural gas and up to 100 million barrels of condensates.
Equinor, whose Johan Castberg field has recently reached peak production, has struck oil in explorationwell Drivis Tubåen, the Norwegian energy major said on Monday. The well was drilled on the Johan Castberg field and the size of the discovery is estimated at 9-15 million barrels of oil, according to preliminary evaluations.
OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an explorationwell in the Krum Prospect…
Var Energi, which holds 75% and is the operator of the exploration license, has made the gas and condensate discovery in the Vidsyn explorationwell, confirming discovered recoverable resources in the range of 25 to 40 million barrels of oil equivalent (boe).
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting explorationwell in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.
Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 explorationwell, located offshore in the Lower Congo Basin, Republic of Angola…
Norwegian oil and gas company OKEA has spudded an explorationwell at the Brage field in the North Sea, offshore Norway, as part of the three-well drilling campaign…
10%), announce a gas discovery at the Gajajeira-01 explorationwell, located offshore in the Lower Congo … Read More The post ANGOLA: Azule Energy Announces Gas Discovery at Gajajeira-01 Well Offshore Block 1/14 appeared first on oilnewsafrica.
“The Johan Castberg volume base originally estimated at 450-650 million barrels, our clear ambition is to increase the reserves by another 250-550 million barrels”, said Grete Birgitte Haaland, Equinor senior vice president for exploration and production North. The well had a water depth of 345 meters, Equinor said.
After 6,000 km of 2D seismic data and 9,000 km 2 of 3D seismic data were collected in the block, the two previously exiting partners considered the risk too high for drilling an explorationwell. In the past year, despite efforts, Hess did not find any new partners to continue exploration of Block 59.
African energy explorer Rhino Resources and its partner Azule Energy will drill the new Volans-1X explorationwell offshore Namibia in late July or early August…
The second appraisal well, 6507/5-12 S, was drilled about 22 kilometers (13.7 This is the third explorationwell in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice. miles) northeast of the Heidrun field and about 270 kilometers (168 miles) north of Kristiansund.
The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third explorationwell drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. million bbl of oil equivalent in Triassic reservoir rocks.
Jeremy Angelle, Vice President of Well Construction said, “With our extensive track record and a reputation as a trusted provider of TRS solutions, we are proud to play a key role in this world-class development.
The two explorationwells will be tied into the company’s existing onshore infrastructure as part of the West Nile Delta (WND) Gas Development project. This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5.
Equinor has found oil in an explorationwell, dubbed Drivis Tubåen, on the Johan Castberg field in the Barents Sea.The well, 7720/7-DD-1H, was drilled in the Drivis…
UK-based explorer Pantheon Resources is moving forward with its Alaska drilling campaign despite recent setbacks at its Megrez-1 explorationwell. The well was suspended, and shares dropped to 20.65 In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas.
Image by Daniel S Ragnarsson via iStock OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company expects to drill an explorationwell in the second half of 2026.
TotalEnergies president for exploration and production Nicolas Terraz said, “With Begonia and CLOV Phase III, we are leveraging available production capacity in existing FPSOs of Block 17 (Pazflor and CLOV) while reducing costs and emissions” Besides CLOV and Pazflor, block 17 also produces through FPSOs Dalia and Girassol.
DNO noted that it has four development wells and one explorationwell planned in the period through 2026. To contact the author, email rocky.teodoro@rigzone.com What do you think? We’d love to hear from you, join the conversation on the Rigzone Energy Network.
is expected to propose a phase III development plan targeting production expansion from the Telisa reservoir, which was successfully tested in an existing well during the quarter. “The operator [Texcal Energy Mahato Inc.]
The higher production was due to the recognition of three full months of production from Canada and positive explorationwell results in Ecuador, the company said in its most recent earnings release. Gran Tierra incurred a net loss of $19 million for the quarter, compared to a net loss of $34 million in the prior quarter.
” Read the article online at: [link] You might also like Oil discovery in the Johan Castberg area in the Barents Sea Monday 30 June 2025 09:20 Equinor has struck oil in explorationwell 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.
Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X explorationwell in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig…
Vår Energi has made a new commercial gas and condensate discovery in the Vidsyn explorationwell, located close to the its operated Fenja field in the Norwegian Sea…
Drilling at the Prospect I location has been significantly derisked by the results of our first Damara Fold Belt well, Naingopo, which encountered reservoir in the Otavi carbonates, hydrocarbon shows and oil to surface.
(World Oil) – APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope.
Chevron plans to begin drilling an explorationwell offshore Namibia, where several international majors have found huge oil and gas resources in recent years.
Chevron is considering drilling an explorationwell in the Walvis Basin off the coast of Namibia in 2026 or 2027, the U.S. oil major said on Thursday.Chevron Namibia
The initial results of the Fayoum 5 explorationwell located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in the coming days.
These explorationwells are the first to be completed entirely from in-country infrastructure through Halliburtons newly established operational bases in Walvis Bay, Swakopmund, and Lderitz.
The explorationwell was drilled in Green Canyon Block 584 about 120 miles off the coast of Louisiana. Both the initial well and a sidetrack encountered [Read more] By Sheila Dang April 14 – BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday.
Norwegian Ocean Industry Authority (Havtil), the countrys offshore industry safety watchdog, has granted consent to Equinor for exploration drilling in an oil and gas block in the North Sea
drilled the explorationwell in Green Canyon Block 584 BP and its partner Chevron have made an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.BP
Norwegian oil and gas company OKEA has signed an agreement with Aker BP to acquire a 35% working interest in Tverrdal explorationwell in the North Sea.OKEA secured
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat explorationwells in the North Sea.The permit is for wellbore 15/5-8 S and 15/5-8 A
bp drilled the explorationwell 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. Sign located on the corner of Wynn Drive and University Drive and image taken at sunset.
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