Exploration/discoveries
Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
The Essington-1 well is the first discovery in the Otway since 2021.
Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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The awards are part of the third and fifth bidding rounds launched last year. -
Additional wells are planned for the GOM field in 2023 and 2024.
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The government is targeting a “fairer share” of the revenues from oil and gas developments.
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The French operator plans to drill the first exploration well on an onshore tract during 2023.
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The next drilling target will look for reserves in three different plays in Louisiana.
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Petrobras will continue to operate the assets following the selldown of working interest.
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The US supermajor has made more than 30 discoveries offshore the South American country since exploration efforts began in 2015.
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Whether its onshore or offshore, China is OK with drilling deeper to secure new gas reserves.
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Success at Ofelia sets up another tieback development to the nearby Gjøa platform.
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The company will produce twilight barrels and conduct abandonment work when the field is deemed uncommercial.
