Exploration/discoveries
Updates about global exploration and production activities and developments.
Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.
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The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development. -
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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Updates about global exploration and production activities and developments.
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Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope.
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Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
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Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
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The Essington-1 well is the first discovery in the Otway since 2021.
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Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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