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.
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Latest Canje Block test does not find commercial hydrocarbons. -
OBR 4 will include license opportunities in the country’s exclusive economic zone.
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South American country looks to revitalize its offshore oil industry by offering 32 new blocks for exploration
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Total number of applicants down for latest Barents Sea frontier licensing round.
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Independent producer’s 2021 exploration budget will remain flat at around $150 million.
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ExxonMobil’s Kerry Moreland, a geoscientist, managed breakthrough discoveries in the early stage of her 15-year career that have positioned the company for decades to come in South America. Now she is pursuing similar goals in Africa and Asia Pacific, as she explains in a moderated interview at this week’s IPTC in Kuala Lumpur.
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The Norwegian Petroleum Directorate and Equinor have announced the biggest discovery so far this year on the Norwegian Continental Shelf. Three wildcat wells drilled in the Blasto prospect near the Fram field confirmed the find and were then permanently plugged and abandoned.
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The Mexican state oil company believes it has found a new oil field on par with past billion-bbl finds.
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Increasing downhole pressures were the culprit, rig will be released as planned.
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The drilling program is the first exploration well to be drilled in production license 785 S.
