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.
-
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.
-
Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
-
The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
