BOE Report

APRIL 14, 2025

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. The exploration well 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]

Sidetracking 103

Sidetracking Exploration Well Oil Field 103

Oil & Gas 360º

APRIL 14, 2025

(Investing) – bp today announced an oil discovery at the Far South prospect in the deepwater U.S. 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.

Oil 130

Oil Exploration and Production Sidetracking Upstream 130

Egypt Oil & Gas

MARCH 6, 2025

The initial results of the Fayoum 5 exploration well 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.

Exploration Well 59

Exploration Well Natural Gas Exploration and Production Drilling rig 59

Offshore Engineer

APRIL 14, 2025

BP and its partner Chevron have made an oil discovery at the Far South prospect in the deepwater U.S. drilled the exploration well in Green Canyon Block 584 Gulf of America.BP

Exploration Well 85

Exploration Well Oil IT 85

Oil & Gas 360º

MARCH 6, 2025

(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. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

E&P 130

E&P Exploration and Production Oil Field 130

Rigzone

JUNE 11, 2025

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 exploration well in the second half of 2026.

Exploration Well 70

Exploration Well Energy Energy Oil 70

Offshore Engineer

MARCH 24, 2025

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

Exploration Well 50

Exploration Well Offshore Oil Gas 50

Offshore Engineer

MARCH 14, 2025

Norwegian oil and gas company OKEA has signed an agreement with Aker BP to acquire a 35% working interest in Tverrdal exploration well in the North Sea.OKEA secured

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Exploration Well Operator Oil Gas 74

Oilfield Technology

FEBRUARY 27, 2025

Vr Energi ASA has announced an oil discovery in the operated Zagato exploration well near the Goliat field in the Barents Sea, adding to recent exploration success in the area.

Exploration Well 52

Exploration Well Oil Field Energy 52

Rigzone

JUNE 16, 2025

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

Energy Energy Exploration and Production Field 67

Rigzone

JUNE 10, 2025

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.

Exploration and Production 67

Exploration and Production Energy Energy Completion 67

Oil & Gas 360º

APRIL 10, 2025

(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. Prospect I is noted as location 63 in the NSAI report. (1)

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130

Egypt Oil & Gas

APRIL 16, 2025

bp announced an oil discovery at its Far South prospect in the deepwater US Gulf of America. In a statement , the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092.

Oil 52

Oil Sidetracking Exploration and Production BBL 52

Rextag

APRIL 16, 2025

BP Targets 400,000 boe/d in Gulf with New Discovery BP has made a new oil discovery in the deepwater Gulf of America, signaling a renewed commitment to traditional energy resources as the company continues a high-profile strategic reset. The well was drilled in 4,092 feet of water to a total depth of 23,830 feet. 2 billion annually.

Oil 52

Oil Upstream Exploration Well Barrel 52

Oil & Gas 360º

APRIL 17, 2025

(Oil & Gas 360) –April 17, 2025, Calgary, Alberta, Canada Reconnaissance Energy Africa Ltd. million acres in Namibia in the highly prospective Damara Fold Belt and Rift Basin exploration plays. It is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9

Basin 130

Basin Oil Petroleum Gas 130

Oil Gas Leads

APRIL 29, 2025

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 exploration wells over the next three years , underscoring its ambition to expand its upstream production base.

Oil 52

Oil Exploration and Production Drilling rig Consulting 52

Rigzone

JUNE 19, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas Gets New Block offshore Suriname by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 7:53 AM EST The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries. Paradise Oil Co.

Offshore 62

Offshore Exploration and Production Exploration Well Gas 62

Egypt Oil & Gas

MARCH 13, 2025

Oman’s Minister of Energy and Minerals, Salim Nasser al Aufi, stated that the execution of the agreement represents a pivotal step in Omans efforts to enhance hydrocarbon exploration and development. The post Oman Signs EPSA with OQEP, Genel Energy to Boost Hydrocarbons in Block 54 first appeared on Egypt Oil & Gas.

Exploration and Production 52

Exploration and Production Energy Energy Exploration Well 52

Iraq Business News: Oil & Gas

MAY 8, 2025

We addressed the maturity of our bond debt by calling the old bond and issuing a new $100 million bond, thereby increasing available cash and putting in place a capital structure that can provide funding towards delivery on our strategic objectives, regardless of whatever uncertainties may face the business at the macro-economic level.

Energy 97

Energy Energy Exploration and Production Pipeline 97

Iraq Business News: Oil & Gas

MARCH 18, 2025

Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Tawke production currently realises only around $35/bbl, which is well below relevant reference benchmark oil prices. EBITDAX1 1.1

Energy 66

Energy Energy Exploration and Production BBL 66

Rextag

MAY 8, 2025

Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. Production and Operations Performance Oil and gas output was resilient, underpinned by high asset reliability.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Oil News Africa

APRIL 11, 2025

Prospect I is located onshoreNamibiain Petroleum Exploration Licence 073 (PEL73) and is the Company’s largest prospect to be drilled … Read More The post NAMIBIA: Reconnaissance Energy Africa Provides Drilling update on Prospect I appeared first on oilnewsafrica.

Energy 52

Energy Energy Petroleum Exploration Well 52