Exploration/discoveries
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
This study applies Monte Carlo simulation and an XGBoost regression model to assess the influence of various formations, geologic provinces, tectonic-plate types, and boundary conditions on hydrogen concentrations.
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BP announced two North Sea discoveries, adding to signs of a revival in play that was looking old, tired, and overpriced a couple years ago.
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Mexico’s Round 2.4 deepwater auction surpassed expectations as 19 of 29 blocks were awarded to 11 firms from 10 countries.
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The largest Gulf of Mexico lease sale in history is designed to jump-start offshore activity.
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The Mexican government continues to update its environmental regulations as authorities prepare for the first exploration and production (E&P) auction to feature blocks with unconventional oil and natural gas resources.
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At an initial production rate of almost 13 MMcf/D, BP’s new well has achieved the highest early-production level in 14 years for a well in the San Juan Basin of Colorado and New Mexico.
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Many new developments in African exploration and production hold tremendous potential to bring more energy and prosperity to the continent—and shine a light of affordable, abundant energy.
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As interest in unconventional resources has grown in Europe, so have concerns about the potential environmental impacts of their development.
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A major offshore discovery led by Talos Energy is the first successful wildcat well drilled by a private company in Mexico in almost 80 years and a milestone for the country’s recently enacted energy reform.
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Untapped offshore gas reservoirs could easily meet all of the country's domestic needs, while the rest could supply regional neighbors.
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30 years after being discovered in the North Sea, this heavy-oilfield is now flowing.