Exploration/discoveries
The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
Updates about global exploration and production activities and developments.
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
-
The gas find is likely to be tied back to the nearby Jangkrik floater. -
Significant Perdido-region find could merit its own host.
-
Contract for a dozen wells plus options to begin next year.
-
The semisubmersible will begin North Sea work in early 2022.
-
New find could add 150 million BOE to reserves.
-
India is on a global hunt to tap all colors of fossil fuel and renewables as the country prepares to overtake China as the world’s most populous nation.
-
The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
-
New round part of the nation’s multi-year oil and gas licensing strategy.
-
Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
-
New well on the field is slated to begin drilling in late 2021.
