Exploration/discoveries
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
Operator started planning the development before it made its latest North Sea discovery.
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The new well in offshore Bloc 9 is expected to wrap up by year-end. -
SMJ will get 50% nonoperating interest in the PSC.
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Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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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.
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Norwegian oil company gets $220 million for 28% of the license.
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Italian company finds 200 million BOE with its Block 7 exploration well.
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The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
