Exploration/discoveries
Updates about global exploration and production activities and developments.
Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production. -
Updates about global exploration and production activities and developments.
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While new imaging capabilities are rejuvenating old data so explorers can discover hydrocarbons, finding and developing reserves is increasingly complicated.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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The new schedule plans for sales in the US Gulf and Alaska through 2039.
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The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.
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BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
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Updates about global exploration and production activities and developments.
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The company said it is considering connecting the Vidsyn commercial discovery to the nearby Fenja subsea facility.
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Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.
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