Exploration/discoveries
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.
Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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Bahama Petroleum's Perseverance #1 establishes petroleum system, will be plugged and abandoned -
ExxonMobil and Petronas discovered hydrocarbon-bearing zones in an exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s finds in the Guyana-Suriname basin.
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If brought to production, the flow of new gas supplies will help cut Jordan’s dependence on oil imports to fuel its power sector and industries.
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More than 30 oil and gas companies took part in the licensing round, which focused on mature areas that can be developed using existing infrastructure.
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After a line of four discovery wells in Suriname, Total and Apache are going off trend with a well to see if the potentially huge play extends north as well.
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The Dutch supermajor will take on a nonoperating stake in the largest exploration block in the North Argentine Basin, which remains largely unexplored.
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Six international and Egyptian companies will search for oil and gas in the Mediterranean and Red Sea with the drilling of 17 new exploration wells.
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Regionwide US Gulf of Mexico (GOM) Lease Sale 256 generated $120,868,274 in high bids for 93 tracts in federal waters. The sale on 18 November featured 14,862 unleased blocks covering 121,875 square miles.
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ConocoPhillips wildcat discovers significant natural-gas condensate resource.
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The well was meant to prove hydrocarbons in Triassic-aged sandstones within the Kobbe formation of the Polmak prospect.
