Discoveries News


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…

Wintershall DEA Makes Discovery in Norwegian Sea

May 20, 2021

Wintershall DEA Norge, the operator of the production licence 211 in the Norwegian sea has made a gas/condensate and oil discovery at a well located about 12 kilometers north of the Dvalin field, and 270 kilometers north of Kristiansund, Norway…

PTTEP Makes Another Gas Discovery Offshore Malaysia

May 19, 2021

Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.The company has been…

Shell Makes 'Significant' Discovery in Deepwater Gulf of Mexico

May 11, 2021

Oil major Shell has made a significant discovery at the Leopard prospect in the deepwater U.S. Gulf of Mexico,  some 245 miles (394 km)  south-southeast of Houston.According to Shell, the Leopard well encountered more than 600 feet (183 meters) net oil pay at multiple levels…

Norway: MOL Gets Nod to Drill Iving Appraisal Well

May 06, 2021

Oil company MOL Norge AS, a Norwegian subsidiary of Hungarian MOL, has received a drilling permit for an appraisal well in the North Sea, offshore Norway.MOL will use the Transocean Barents semi-submersible drilling rig to drill the well formally named Well 25/8-21 S…

Equinor Finds Oil and Gas in Norwegian Sea. Production Start-up Imminent

Apr 21, 2021

Norwegian oil and gas company Equinor, with its partners Total and Vår Energi, has made an oil and gas discovery in a new segment belonging to the Tyrihans field in the Norwegian Sea. Recoverable resources are so far estimated at between 3.0 and 4…

BP Makes Oil Discovery at Puma West Well in Gulf of Mexico

Apr 14, 2021

BP on Tuesday announced an oil discovery at the Puma West prospect in the deepwater U.S. Gulf of Mexico.The well, located in the Green Canyon Block 821, was drilled by BP on behalf of partners Chevron and Talos Energy.It is located west of the…

Eni Finds Oil Offshore Angola. First Production Expected within Six Months

Apr 06, 2021

Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. Eni said Tuesday that the well was drilled on the Cuica exploration prospect located inside the Cabaça Development Area and close to the Armada Olombendo FPSO (East Hub)…

PTTEP Discovers Oil and Gas at Sirung-1 Well, Offshore Malaysia

Mar 30, 2021

Thai oil and gas company PTTEP has made an oil and gas discovery from the first exploration well, Sirung-1, in Block SK405B, off the coast of Sarawak, offshore Malaysia.Phongsthorn Thavisin, PTTEP Chief Executive Officer, disclosed that PTTEP…

Report: Talos, Pemex Yet to Reach Deal on Giant Offshore Oil Discovery

Mar 26, 2021

No deal has yet been reached on the future of a lucrative shared oil deposit as a deadline expired on Thursday, but Mexican state-run Pemex and Talos Energy will keep talking, three sources with direct knowledge of the matter told Reuters.How…

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