Exploration/discoveries
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
Updates about global exploration and production activities and developments.
-
Increasing downhole pressures were the culprit, rig will be released as planned. -
The drilling program is the first exploration well to be drilled in production license 785 S.
-
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.
-
The Gulf of Mexico discovery, a product of infrastructure-led exploration, boasts 100 million bbl of gross potential.
-
With all permits, personnel, and equipment in place, Zion is set to operate the well.
-
The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
-
The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
-
The US Interior Department says native company missed deadline to conduct polar bear den assessment work ahead of planned geological activity.
-
The discovery well is located in the south-western Ring of Bozhong Sag in the Bohai Bay where average water depth is about 23 m.
-
Bahama Petroleum's Perseverance #1 establishes petroleum system, will be plugged and abandoned
