exploration
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BP and Equinor win four deepwater exploration blocks in the C-NLOPB’s call for bids. -
President Mnangagwa touts the current probe in the northern part of the country.
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This paper describes a collaboration between the operator and a service company that resulted in a successful deployment of an automation platform to manage risks and optimize drilling operations in exploration wells.
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An independent consultant believes the find could hold 1.7 billion bbl of recoverable reserves.
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The sale had 307 valid high bids worth more than $190 million.
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Compared with 2020, the largest discoveries made last year may hold just a third of the oil and gas reserves, according to new data from Westwood Global Energy Group.
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Drilling is set to take place near the location where the Toyko-based energy company said it encountered a gas reservoir in a 2016 project.
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Applications will now be reviewed, and licenses will be awarded sometime in 2022.
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The Mexican state oil company believes it has found a new oil field on par with past billion-bbl finds.
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Exploration commitments are expected to dwindle in the current market environment.
