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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. Prospect I is noted as location 63 in the NSAI report.
Chevron plans to begin drilling an explorationwell offshore Namibia, where several international majors have found huge oil and gas resources in recent years. With this programme, Chevron continues to activate its strong and growing exploration portfolio, according to a company statement. Chevron completed in February
(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.
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 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.
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. The well, now permanently plugged, was drilled by the Deepsea Yantai rig.
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
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.
DNO noted that it has four development wells and one explorationwell planned in the period through 2026. Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
TotalEnergies reveals in its recent annual report that two explorationwells drilled in 2024 on Oman exploration Block 12 (Total 80%op, PTTEP 20%) were dry. Total did not respond to questions from MEES about its future plans for the block.
Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The results of the Naingopo explorationwell announced in January 2025 increased our confidence in the potential for Prospect I.
Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the Mistral Sr explorationwell in the Halten area, situated in the southern part of the Norwegian Sea.
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. The combined wells have an average oil production rate over 30 days of around 1,684 barrels of oil per day from the U-Sand formation.
ReconAfrica has achieved a major milestone in its exploration efforts in Namibia with the successful drilling of the Naingopo explorationwell on Petroleum Exploration License 73 (PEL 73).
In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four explorationwells in 2025. Negotiations are underway with ExxonMobil and Chevron to boost exploration.
“Building on this strong foundation, PETRONAS is optimistic that the positive momentum and learnings from Block 52 will carry over into Block 66 as it continues to explore and unlock the hydrocarbon potential of the area”, Petronas said in a press release. Petroliam Nasional Bhd.’s square miles). Exxon Mobil Corp.
In a statement , the company said that it drilled the explorationwell in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs.
million acres in Namibia in the highly prospective Damara Fold Belt and Rift Basin exploration plays. million acres in Namibia in the highly prospective Damara Fold Belt and Rift Basin exploration plays. This will be the Companys largest exploration prospect drilled so far. million acres in Angola to the existing 6.3
42.5%), drilled the Far South explorationwell in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. BP plans to drill 1015 explorationwells in 2025, part of a broader ramp-up that includes around 40 wells globally over the next three years.
The initial phase of the agreement, set to last three years with investments reaching up to $25 million, will include the execution of advanced 3D seismic surveys, the drilling of new explorationwells, and the re-evaluation of existing wells.
Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. Looking ahead, BP plans to drill around 40 explorationwells over the next three years , underscoring its ambition to expand its upstream production base.
We are very clear on what needs to be done to deliver the appropriate Company growth and deliver the shareholder returns that are necessary for an emerging market exploration and production business. Genel Energy has announced its audited results for the year ended 31 December 2024.
Strategic Production Outlook Equinor plans to: Drill ~250 explorationwells on the NCS by 2035 Continue expanding low-carbon solutions through CO storage projects like Northern Lights Phase 2, with injection capacity increasing from 1.5 YoY Natural gas: 337,706 Mcf/day, up 14% YoY Net wells turned in-line: 27.3
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