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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Deal marks the first ADNOC partnership with Pakistani energy companies.
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As Canada, Greenland, and even Norway shy away from developing their Arctic oil and gas resources, only Russia and the US remain in the game as Alaska seeks to renew interest in exploration and development of its North Slope.
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Last year’s GOM auction received high bids on just 93 blocks. Higher oil prices could attract bidders back to the planned lease sale.
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Applications will now be reviewed, and licenses will be awarded sometime in 2022.
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New find in CTP Block 4 boosts reserve potential to as much as 700 million BOE.
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New find could hold up to 200 million BOE in place.
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Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.
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Successful sidetrack will be fast-track developed via the nearby Marlin TLP.
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Gas flows from Shell’s first greenfield project in Trinidad and Tobago.