Exploration/discoveries
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
The Orange Basin and Gulf of Guinea will see most of the high-impact drilling activity planned this year in Africa.
Technology and partnerships remain important, while phased approaches may supplant lengthy appraisal programs, experts said during CERAWeek.
-
The Granat prospect on the Norwegian Continental Shelf may be developed with a subsea tieback to existing infrastructure. -
Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
-
Eni reports its latest deepwater exploration well offshore Côte d'Ivoire found gas and condensate in high-quality Cenomanian sands in the Calao channel complex.
-
By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.
-
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
-
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.
-
The deal targets increased investment and production from one of the country’s largest onshore developments.
-
Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.
