Exploration/discoveries
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
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The Norwegian government grants a 20-year license extension for Ekofisk. -
Two new wells will add 20,000 BOED to the field’s overall production volumes.
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A total of 59 blocks were awarded to 13 companies.
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First well suffered mechanical issues, while the followup encountered noncommercial quantities of oil.
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The well is in the Orange Basin where Shell and TotalEnergies made significant oil finds on the Namibia side.
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New discoveries in the Meleiha concession add 8,500 BOE to production.
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Oil find will be tied into existing infrastructure for development.
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The three US lease auctions were the last planned under the current 5-year federal leasing plan.
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The Glaucus-2 well confirms the existence of a multi-TCF gas field.
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Satellite discovery will likely be tied back to one of the Troll platforms.
