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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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.
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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.
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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.
