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.
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
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…
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Finds could lead to Turkey becoming an exporter of natural gas -
Three-well plus two options campaign could add material gas reserves
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Eastern Canada offshore heats up with Flemish Pass drilling plans
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Royal duo could add over 130 million bbl of reserves
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The move is part of a larger reset, cutting the operator’s international exposure
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Major makes another discovery in Stabroek block, comes away empty in Canje
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Oman will open a new round of bidding on two onshore blocks from which previous license holders are exiting and a promising offshore block near where production has recently been initiated from the Yumna field.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
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Ministry reveals shale finds during tests in sensitive basin.
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The gas find is likely to be tied back to the nearby Jangkrik floater.
