Exploration/discoveries
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.
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
-
A second well, Curaçao, also encountered commercial oil volumes in the Santos Basin. -
By 2030, deepwater production is expected to rise 60%, but after that, reduced leasing and exploration could limit this small slice of the sector.
-
The Cengkih discovery will likely be tied back to the nearby Pegaga field.
-
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.
-
The government is targeting a “fairer share” of the revenues from oil and gas developments.
-
The French operator plans to drill the first exploration well on an onshore tract during 2023.
-
The next drilling target will look for reserves in three different plays in Louisiana.
-
Petrobras will continue to operate the assets following the selldown of working interest.
-
The US supermajor has made more than 30 discoveries offshore the South American country since exploration efforts began in 2015.
