Exploration/discoveries
Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Updates about global exploration and production activities and developments.
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The acreage comprises 10 leases covering approximately 25,430 contiguous acres. -
New well northwest of Cizre strikes 162 m of light oil pay.
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New probe extended past 5.3 miles deep in Tarim Basin.
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Life-extension project will double the facility’s life in hopes to double its output to date.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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SMJ will get 50% nonoperating interest in the PSC.
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One new license holds the future location of the Gale exploration well.
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The rigs will work in the Norwegian Sea and on the Johan Castberg field.
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Supermajor down, but not out of Brazilian exploration game.
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The operator had been in communication with government about the future of the permits since 2020.
