Exploration/discoveries
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.
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At 50,000 ft, the well is about 800 ft longer than the previous record holder. -
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.
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By 2030, deepwater production is expected to rise 60%, but after that, reduced leasing and exploration could limit this small slice of the sector.
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The Cengkih discovery will likely be tied back to the nearby Pegaga field.
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The awards are part of the third and fifth bidding rounds launched last year.
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Additional wells are planned for the GOM field in 2023 and 2024.
