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Exploration/discoveries
Gazania-1 To Spud Off South Africa
The well is in the Orange Basin where Shell and TotalEnergies made significant oil finds on the Namibia side.
Exploration/discoveries
Petrobras Receives TotalEnergies, Shell Payments for Atapu
Monies are recoupment for Petrobras’ sunken costs in the Atapu development, to date.
Exploration/discoveries
ConocoPhillips Gets Ekofisk License Extension
The Norwegian government grants a 20-year license extension for Ekofisk.
Exploration/discoveries
BHP’s Wasabi Disappoints in US GOM
First well suffered mechanical issues, while the followup encountered noncommercial quantities of oil.
Exploration/discoveries
Shell’s Namibia Wildcat Encounters Light Oil
Partners confirm find, begin planning for additional well in the area.
Water management
NGL Energy, XRI Agree to Delaware Basin Water Collaboration
The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas.
Exploration/discoveries
New Malaysian Bid Round Launched
Malaysia Bid Round 2022 is promoting 14 exploration blocks in addition to known discovery areas.
Exploration/discoveries
Eni’s First Offshore Exploration Well in Abu Dhabi Strikes Gas
Gas discovery the first from nation’s offshore exploration concessions.
Production
W&T Offshore Acquires US GOM Producing Properties
The deal adds 5.5 million BOE of proved and probable reserves.
Reservoir
Biotech Firm To Create Gold Hydrogen by Injecting Microbes Into Depleted Oil Reservoirs
Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.
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