Discoveries News

 

ExxonMobil Finds Oil at Pinktail Well, Offshore Guyana

Sep 09, 2021

U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon-bearing sandstone reservoirs in what has been described as the 20th significant discovery in the block.Pinktail is located approximately 21.7 miles (35 kilometers) southeast of the Liza Phase 1 development…

Wintershall Dea Wraps Begknapp Appraisal Drilling. Eyes Tie-back to Nearby Platforms (Norway)

Sep 06, 2021

Oil and gas firm Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery in the Norwegian Sea.Wintershall Dea made the Bergknam discovery in April 2020, using Saipem's Scarabeo 8 offshore drilling rig.The…

Ithaca Energy's North Sea Oil Find 'a Ray of Light' for UK Offshore Exploration

Sep 02, 2021

Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…

Eni Makes Major Oil Find at Its First Ever Well Drilled Offshore Ivory Coast

Sep 01, 2021

Italian oil company Eni on Wednesday announced a major oil discovery in block CI-101 offshore Ivory Coast.'The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels of oil in place and between 1.8 and 2…

Spirit Energy Finds More Gas at Grove Field, Extending its Life Until At Least 2028

Aug 26, 2021

UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea,  close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…

BW Energy Finds Oil Offshore Gabon

Aug 25, 2021

Oil and gas firm BW Energy has made an oil find in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate will have to wait until the drilling has been completed.The well is located approximately…

Aker BP Makes Small Gas Find in Barents Sea

Jul 20, 2021

Norwegian oil and gas company Aker BP has made a minor gas discovery in the Barents Sea offshore Norway, which is currently seen as not big enough to warrant development.According to the Norwegian Petroleum Directorate, the oil firm has concluded the drilling of wildcat well 7234/6-1…

Suriname, the Next Offshore Oil Hot Spot?

Jul 12, 2021

Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years…

Eni Makes 'Significant' Oil Find Offshore Ghana. Eyes Tie-in to Nearby FPSO

Jul 06, 2021

Italian oil giant Eni said Tuesday it had made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana.The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary…

Mexico Picks Pemex to Run Giant Zama Discovery. Talos Says Will Explore All Legal Options

Jul 06, 2021

Mexico chose state-owned Pemex to run a major shared oil find over the private consortium led by a U.S. oil company that first discovered it, in the latest win for President Andres Manuel Lopez Obrador's nationalistic energy policies.The disputed deposit…

Equinor Makes Oil Find Off Norway. Eyes Garantiana Tie-back

Jun 14, 2021

Norwegian oil and gas company Equinor has discovered oil on the Garantiana West prospect in production licence 554, offshore Norway.Recoverable resources are estimated at between 1.3 and 3.6 million standard cubic meters of oil equivalent, corresponding to 8-23 million barrels of oil equivalent…

TotalEnergies Wins Upstream Industry’s Most-admired Explorer Award

Jun 10, 2021

French oil and gas giant TotalEnergies (formerly Total) has been crowned the upstream industry’s most-admired explorer for the second year in a row. The accolade is awarded as part of Wood Mackenzie’s annual Exploration Survey. The award ceremony…

ExxonMobil Finds More Oil in Stabroek Block Offshore Guyana

Jun 09, 2021

U.S. oil major ExxonMobil said Wednesday it had made another oil discovery in the Stabroek block offshore Guyana, this time at the Longtail-3 well.'Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified…

Turkey Finds More Natural Gas in the Black Sea

Jun 04, 2021

Turkey has discovered 135 billion cubic meters of additional natural gas in the southern Black Sea, President Tayyip Erdogan said on Friday, raising the total discovery in the region to 540 billion cubic meters.Last year, Turkey's drillship…

Talos Best Positioned to Lead Zama Field Development, CEO Says

May 21, 2021

U.S.-based oil company Talos Energy, working on a unitization agreement for the giant Zama offshore oil discovery in Mexico with the Mexican oil company Pemex, hopes the final solution will see the company lead the development of the field as the operator…

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