Exploration/discoveries
New agreements for exploration and production in Africa include activity in the Orange Basin offshore Namibia, offshore Angola, Senegal, and Côte d’Ivoire. In the Gulf of Mexico, a memorandum of understanding for deepwater evaluation was signed between Woodside Energy and PEMEX and Viridien initiated its Walker Ridge Reimaging Extension. TotalEnergies provided a targe…
This work introduces a novel predictive methodology combining historical metocean data with real-time riser analysis for shallow water dynamically positioned rig operations.
Since the start of the Ukraine war, Norway has replaced Russia as the top gas supplier to the EU and Britain by maximizing its pipeline capacity and LNG volumes through its interests in export facilities in Norway and the US, as well as regasification in Europe.
-
The deal awards the first concession in the Middle East for unconventional oil resources.
-
The well is targeting middle and lower Jurassic-aged reservoirs.
-
Baodao 21-1 is the first deepwater, deep-stratum large gas field in the South China Sea.
-
At 50,000 ft, the well is about 800 ft longer than the previous record holder.
-
The partners will explore Block 2K, an ultradeepwater block off Sabah.
-
The find is part of the Angola Block 15 redevelopment project expected to deliver around 40,000 B/D of additional production.
-
An Equinor-led partnership to test prospect northeast of Visund.
-
Operators seek deepwater reserves on the Mexican side of the Gulf of Mexico.
-
A second well, Curaçao, also encountered commercial oil volumes in the Santos Basin.
-
By 2030, deepwater production is expected to rise 60%, but after that, reduced leasing and exploration could limit this small slice of the sector.