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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The partners decide on a single operator for finds in the NOAKA area.
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The Cronos-1 well gets underway after 2-plus years of pandemic-related delays.
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A large gas prospect offshore Norway fails to deliver
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The well had been touted as one of the most anticipated in the North West Shelf for many years.
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The new discovery is expected to de-risk 50 Bcm of resources in region off Israel.
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The extension will keep the semisubmersible rig busy to April 2025.
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A successful sidetrack well at South Tchibala could add future drilling locations across Etame block.
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The 10-well plus eight-well option contract should keep the rig busy well into 2024.
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Monies are recoupment for Petrobras’ sunken costs in the Atapu development, to date.
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ExxonMobil and its partners now believe they have discovered 11 billion BOE.