Exploration/discoveries
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
Updates about global exploration and production activities and developments.
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The French supermajor is looking to drill Lebanon's first successful exploration well by the end of next year.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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The well is targeting middle and lower Jurassic-aged reservoirs.
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Baodao 21-1 is the first deepwater, deep-stratum large gas field in the South China Sea.
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At 50,000 ft, the well is about 800 ft longer than the previous record holder.
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The partners will explore Block 2K, an ultradeepwater block off Sabah.
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The find is part of the Angola Block 15 redevelopment project expected to deliver around 40,000 B/D of additional production.
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An Equinor-led partnership to test prospect northeast of Visund.
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Operators seek deepwater reserves on the Mexican side of the Gulf of Mexico.
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A second well, Curaçao, also encountered commercial oil volumes in the Santos Basin.