Exploration/discoveries
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.
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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The gas find is likely to be tied back to the nearby Jangkrik floater.
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Significant Perdido-region find could merit its own host.
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Contract for a dozen wells plus options to begin next year.
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The semisubmersible will begin North Sea work in early 2022.
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New find could add 150 million BOE to reserves.
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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.
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The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
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New round part of the nation’s multi-year oil and gas licensing strategy.
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Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
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New well on the field is slated to begin drilling in late 2021.