Exploration/discoveries
Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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The drilling program is the first exploration well to be drilled in production license 785 S.
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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.
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The Gulf of Mexico discovery, a product of infrastructure-led exploration, boasts 100 million bbl of gross potential.
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With all permits, personnel, and equipment in place, Zion is set to operate the well.
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The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
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The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
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The US Interior Department says native company missed deadline to conduct polar bear den assessment work ahead of planned geological activity.
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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.
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Bahama Petroleum's Perseverance #1 establishes petroleum system, will be plugged and abandoned
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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.