Exploration/discoveries
The company credited its theory of shale oil enrichment for the significant increase in the quantity of proven reserves at the field.
In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.
This is DNO's tenth significant find in the hotspot area offshore Norway.
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The largest Gulf of Mexico lease sale in history is designed to jump-start offshore activity. -
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.
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The upstream sector for Mexico’s offshore oil and gas fields continues to diversify after its most recent tender.
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OTC panelists were excited at the potential of deepwater exploration offshore Mexico and believe that opportunities there could eventually drive a big new wave of activity.
