Exploration/discoveries
CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.
Updates about global exploration and production activities and developments.
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
-
Updates about global exploration and production activities and developments. -
While new imaging capabilities are rejuvenating old data so explorers can discover hydrocarbons, finding and developing reserves is increasingly complicated.
-
The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
-
The new schedule plans for sales in the US Gulf and Alaska through 2039.
-
The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.
-
BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule.
-
Updates about global exploration and production activities and developments.
-
The company said it is considering connecting the Vidsyn commercial discovery to the nearby Fenja subsea facility.
-
Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.
-
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
