Exploration/discoveries
This study applies Monte Carlo simulation and an XGBoost regression model to assess the influence of various formations, geologic provinces, tectonic-plate types, and boundary conditions on hydrogen concentrations.
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
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The former North Platte discovery gets new owner, new name -
The rural Weld County projects total almost 100 new wells in the Wattenberg.
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The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
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The discoveries bring the total number of its finds offshore Guyana to more than 25.
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Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.
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The new finds could add more than 600 million BOE of gross crude reserves.
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The new agreement will see the partnership jointly invest in four deepwater projects.
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The duo looks to new drilling of the $8-billion pre-salt project in the Santos Basin.
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The partners decide on a single operator for finds in the NOAKA area.
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The Cronos-1 well gets underway after 2-plus years of pandemic-related delays.
