Exploration/discoveries
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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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Successful well trio adds as much as 30 million BOE of recoverable reserves. -
A testing and completion program for the CN-1 discovery is under review.
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New well on the South Salinas project encounters commercial quantities of oil.
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New well northwest of Cizre strikes 162 m of light oil pay.
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New probe extended past 5.3 miles deep in Tarim Basin.
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Life-extension project will double the facility’s life in hopes to double its output to date.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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SMJ will get 50% nonoperating interest in the PSC.
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Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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The acreage comprises 10 leases covering approximately 25,430 contiguous acres.
