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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Putting together the billions of dollars needed to develop deepwater finds has become tougher, but when the discoveries are huge, companies will make every effort to find a way to tap what may be a cheap source of oil. -
Wyoming sold the most parcels during the recent US Bureau of Land Management’s auction for oil and gas leases on federal land.
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Unprecedented, perfect storm, a black swan event—all ways of describing the situation the oil and gas sector finds itself in right now. Here’s an analysis on the near-term outlook for projects in Asia Pacific.
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This paper demonstrates how maintaining investment in high-quality 3D seismic during the last downturn, together with selective exploration, quality geoscience, application of new technologies, and efficiently maturing discoveries to early cash flow, was successful in sustaining future production.
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The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.
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The Italian oil and gas company has found its second big well offshore Mexico and is setting its sights on several more in the near future.
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The most recent hydrocarbon production boom is under way in the Middle East, and this time, the race is spilling into offshore waters.
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Guyana continues to strengthen its reputation as the world’s fastest growing offshore exploration hotspot.
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The Italian oil and gas company used a “fast track” model to get the first production well flowing from the Agogo field.
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A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.
