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.
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The sale had 307 valid high bids worth more than $190 million. -
The deepwater find will now be delineated to verify size.
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The new well results boost Baleine field volumes in place by 25%.
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The operator expects most of the field’s estimated 90 million BOE to be oil.
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The project comprises a pair of subsea wells tied back to the host spar.
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If successful, the production could be tied back to the nearby Gjoa platform.
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Target sands for the Beebei-Potaro well find water.
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Fast-track development options are currently under review for the discovery.
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The operator believes the region has high potential for multiple hub-class targets.
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The South China Sea test could lead to a multibillion-barrel find.
