Exploration/discoveries
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.
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New find could add 150 million BOE to reserves.
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India is on a global hunt to tap all colors of fossil fuel and renewables as the country prepares to overtake China as the world’s most populous nation.
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The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
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New round part of the nation’s multi-year oil and gas licensing strategy.
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Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
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New well on the field is slated to begin drilling in late 2021.
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Venture targeting analogous sands to adjacent Suriname discoveries.
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Drillship will be used on the third phase of BC-10 activity.
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Discovery near field’s northern reaches will be fast-tracked for production.
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Three wells planned, including a Hibiscus Extension well.