Exploration/discoveries
Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
The Essington-1 well is the first discovery in the Otway since 2021.
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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. -
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.
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The find kicks off Petrobras’ latest drilling campaign, which is focused primarily on offshore blocks holding subsalt potential that the company acquired at a series of bid rounds that started in 2017.
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The Gulf of Mexico discovery, a product of infrastructure-led exploration, boasts 100 million bbl of gross potential.
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With all permits, personnel, and equipment in place, Zion is set to operate the well.
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The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
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The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
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The US Interior Department says native company missed deadline to conduct polar bear den assessment work ahead of planned geological activity.
