Exploration/discoveries
Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
Updates about global exploration and production activities and developments.
The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.
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The Pickerel-1 well encountered 90 ft of high-quality oil-bearing Miocene reservoir and will be tied back to the Tubular Bells production facilities. -
The Irpa gas field, Verdande oil field, and Andvare production-well tiebacks will extend the lives of the mature Aasta Hansteen and Norne fields into the late 2030s.
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The Carmen gas discovery offshore Norway was far bigger than expected and a short tieback away from production.
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Benriach well finds subeconomic natural gas accumulation.
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Well and sidetrack encountered pay in the targeted Santonian interval.
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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.
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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.
