Exploration/discoveries
In Asia, Valeura Energy and PTTEP advanced a Gulf of Thailand gas project, while Murphy Oil and Seadrill moved forward with projects in Vietnam, Indonesia, and Malaysia. In the Americas, Perenco, Petrobras, and Equinor advanced projects in Brazil, Canada, and elsewhere. Other developments included updates from Equinor, Serica Energy, BW Energy, and Sharjah National Oi…
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
The Society’s archive of technical papers, maps, figures, and geological data sets will be integrated into the GIX platform, enabling geoscientists to query AI agents about exploration opportunities within specific geographic regions while combining historical research with public data, proprietary information, and advanced analytics.
-
The South China Sea test could lead to a multibillion-barrel find. -
RODW-1 well is the third success for Eni, Sonatrach in current campaign.
-
Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
-
The operator finds around 180 million bbl at Krabdagu, water at Rasper.
-
The development comprises a pair of subsea wells tied back to existing infrastructure.
-
The award follows BP’s participation in a limited bid round held in 2021.
-
New awards and extensions to previous work are valued at almost $500 million.
-
The license covers exploration and development of area fields for next 27 years.
-
The former North Platte discovery gets new owner, new name
-
The rural Weld County projects total almost 100 new wells in the Wattenberg.
