Exploration/discoveries
Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon.
Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
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Challenges including increases in UK taxation have prompted operator Parkmead Group to drop plans to develop its Greater Perth project in the North Sea. -
Follow-up sidetrack tested up to 5,000 B/D of oil.
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CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
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The record-setting probe has yielded a discovery estimated to be between 53–90 million BOE.
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First gas is flowing from IOG’s Blythe H2 well, part of the Southern Banks gas development in the UK southern North Sea.
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Successful well trio adds as much as 30 million BOE of recoverable reserves.
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Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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The acreage comprises 10 leases covering approximately 25,430 contiguous acres.
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SMJ will get 50% nonoperating interest in the PSC.
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A testing and completion program for the CN-1 discovery is under review.
