Exploration/discoveries
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
Operator started planning the development before it made its latest North Sea discovery.
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The new finds could add more than 600 million BOE of gross crude reserves.
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The new agreement will see the partnership jointly invest in four deepwater projects.
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The duo looks to new drilling of the $8-billion pre-salt project in the Santos Basin.
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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.