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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The Gulf of Mexico discovery, a product of infrastructure-led exploration, boasts 100 million bbl of gross potential. -
With all permits, personnel, and equipment in place, Zion is set to operate the well.
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The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
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The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
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The US Interior Department says native company missed deadline to conduct polar bear den assessment work ahead of planned geological activity.
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The discovery well is located in the south-western Ring of Bozhong Sag in the Bohai Bay where average water depth is about 23 m.
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Bahama Petroleum's Perseverance #1 establishes petroleum system, will be plugged and abandoned
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ExxonMobil and Petronas discovered hydrocarbon-bearing zones in an exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s finds in the Guyana-Suriname basin.
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If brought to production, the flow of new gas supplies will help cut Jordan’s dependence on oil imports to fuel its power sector and industries.
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More than 30 oil and gas companies took part in the licensing round, which focused on mature areas that can be developed using existing infrastructure.
