Exploration/discoveries
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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.
Updates about global exploration and production activities and developments.
-
The acreage comprises 10 leases covering approximately 25,430 contiguous acres. -
New well northwest of Cizre strikes 162 m of light oil pay.
-
New probe extended past 5.3 miles deep in Tarim Basin.
-
Life-extension project will double the facility’s life in hopes to double its output to date.
-
The new well in offshore Bloc 9 is expected to wrap up by year-end.
-
SMJ will get 50% nonoperating interest in the PSC.
-
One new license holds the future location of the Gale exploration well.
-
The rigs will work in the Norwegian Sea and on the Johan Castberg field.
-
Supermajor down, but not out of Brazilian exploration game.
-
The operator had been in communication with government about the future of the permits since 2020.
