Exploration/discoveries
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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The current program comprises six planned wells. -
Rig will continue to work offshore India.
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Pair joins other E&Ps who have halted work in the area after disappointing results.
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Project consists of two production wells and a subsea tieback to ETAP.
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The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
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Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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The discovery in Putumayo could benefit from nearby existing infrastructure.
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The Anita Garibaldi was built by MODEC and will produce Marlim and Voador together with FPSO Anna Nery, already in operation.
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Mukuyu-1 sidetrack proves a working hydrocarbon system in the Cabora Bassa basin.
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Wellesley estimates that the drilling campaign has proved a developable gas-condensate accumulation of 60 to 100 million BOE.
