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This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5. The two exploration wells will be tied into the company’s existing onshore infrastructure as part of the West Nile Delta (WND) Gas Development project.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Initial assessments indicate the seismic amplitude features, indicative of gas-charged reservoirs, are present over 25% of the KCA in the south.
Alex Procyk July 21, 2025 2 min read Photo from Odfjell Drilling Vår Energi discovers gas-condensate west of Fenja field, drilled by the Deepsea Yantai drilling rig. The well encountered a gas-condensate column of around 110 m in the Ile formation in a sandstone reservoir with moderate to good reservoir properties.
Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the worlds biggest gas reservoir. Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2 trillion cubic metres (tcm) of gas reserves plus 18 billion barrels of gascondensate.
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Var Energi Makes Gas, Condensate Find Offshore Norway by Andreas Exarheas | Rigzone Staff | Wednesday, July 23, 2025 | 10:09 AM EST 'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said. Var Energi has a 75 percent operated interest in the find.
billion cubic meters of natural gas, was brought to the surface from Hungarian fields.” Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.
(Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin.
Oil and gas exports are a key revenue source for Moscow. billion euros for a stake in the Yuzhno- Russkoye oil field, one of Russias largest, in 2017, saying at the time that it could add 100,000 barrels of oil equivalent (boe) per day to its production. Other shareholders are Japanese companies Mitsui 8031.T OMV paid 1.75
CanCambrias Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches. Dr. Paul Clarke, CEO & President, stated: We are very pleased that this report supports CanCambrias technical assessment of the field and development plan. for un-risked case.
In a statement posted on its website in February, BP announced a “fundamentally reset strategy” This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition, the company noted in that statement.
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