Exploration/discoveries
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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Northern Nigerian prospect could hold a billion barrels of resource. -
Appraisal drilling at Block 58’s Sapakara South find is underway.
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Two unconventional gas reservoirs were found underlying existing producing fields.
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The four blocks on offer could contain around 4 billion bbl of oil.
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The Norwegian Sea field is expected to come on stream in late 2025.
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Crude output from the country is now less than 15,000 B/D.
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The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.
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The French supermajor is looking to drill Lebanon's first successful exploration well by the end of next year.
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The deal awards the first concession in the Middle East for unconventional oil resources.
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The well is targeting middle and lower Jurassic-aged reservoirs.
