Discoveries News

 

Aker BP Makes Oil and Gas Find Near Skarv Field

Aug 15, 2022

Norwegian oil company Aker BP has made an oil and gas discovery 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometers west of Sandnessjøen, Norway.The wildcat well 6507/3-15 encountered an oil and gas column totaling about 115 meters in the Fangst and Båt groups…

Harbour Energy's Offshore Well in Indonesia Hits 'Material Gas Accumulation'

Jul 11, 2022

Oil and gas company Harbour Energy has completed the drilling of the Timpan-1 exploration well located 150 kilometers offshore Indonesia, encountering 'a material gas accumulation.'The well, in a water depth of 4,245 feet (1293.8 meters). was drilled to a total vertical depth of 13…

Norway: Aker BP Strikes Gas at Storjo Offshore Prospect

Jul 11, 2022

Norwegian oil company Aker BP has struck gas at the Storjo offshore exploration well in the Norwegian Sea.According to Aker BP, the well 6507/2-6, drilled using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, has encountered gas in several geological formations…

Eni's Giant Oil Find Offshore Ivory Coast Wins Discovery of the Year Award

Jun 22, 2022

Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey…

Barents Sea: Equinor Makes Oil and Gas Find in Johan Castberg Area

Jun 09, 2022

Equinor has made an oil and gas discovery Skavl Stø, an exploration well 7220/8-3, in the Johan Castberg area.The well was drilled five kilometers south-southeast of the discovery well 7220/8-1 210 kilometers northwest of Hammerfest in the production licence 532…

Aker BP Makes Minor Oil and Gas Discovery Near Valhall Field

Jun 01, 2022

Norwegian oil and gas company Aker BP has made a minor oil and gas discovery at the Overly prospect in the North Sea, offshore Norway.The wildcat well, formally known as well 2/8-19, was drilled about 10 kilometers north of the Valhall field…

Namibia Launches Sovereign Wealth Fund after Offshore Oil Finds Made by TotalEnergies, Shell

May 12, 2022

Namibia on Thursday launched a sovereign wealth fund, months after oil discoveries by TotalEnergies and Shell off its coast.President Hage Geingob said at the launch the Welwitschia Fund would get an initial injection of 262 million Namibian dollars ($16…

Frontera, CGX Energy Say Light Oil, Gas Condensate Found in Guyana

May 10, 2022

A joint venture formed by Canada-based firms CGX Energy and Frontera Energy on Monday said results from a well drilled in Guyana's offshore Corentyne block showed the presence of light oil and gas condensate.'The joint venture encountered hydrocarbons in multiple zones…

Energean Makes Commercial Gas Discovery Offshore Israel

May 09, 2022

Oil and gas company Energean has made a commercial gas discovery offshore Israel using Stena Drilling's Stena IceMAX drillship.The company said Monday that the discovery was made at the Athena exploration well, Block 12, in the A, B and C sands…

Pavo-1 Discovery is 'Stellar' Exploration Success, Carnarvon Says. Shares Resource Estimate

May 02, 2022

Australian oil and gas company Carnarvon Energy said the recent Pavo-1 oil discovery it made with operator Santos offshore W. Australia was a 'stellar exploration success.'The company has completed its Pavo resource assessment and said that…

Neptune Energy Confirms Hamlet Discovery. Eyes Gjøa Tie-back

Apr 28, 2022

Oil and gas company Neptune Energy on Thursday confirmed the discovery of oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea. To remind, Neptune first announced it had struck hydrocarbons at the Hamlet well back in March…

Turkey to Provide Tax Cuts for $10B Offshore Gas Project

Apr 20, 2022

Turkey will provide tax cuts to support a 145.1 billion lira ($9.9 billion) Turkish Petroleum (TPAO) project to develop the natural gas field it discovered in the Black Sea, the country's Official Gazette said on Wednesday.Natural gas was discovered…

Equinor Makes 'Significant' Oil Discovery Offshore Norway

Apr 05, 2022

Norwegian oil company Equinor has made a significant discovery at the Kveikje exploration well in the North Sea, offshore Norway, Longboat Energy, Equinor's partner in the project, has informed. The well, formally named Well 35/10-8S, located in license PL293B…

Brazil: Petrobras Finds Oil in Campos Basin Pre-Salt

Apr 04, 2022

Brazilian state-run oil company Petrobras announced on Friday that it had discovered an oil accumulation in the southern portion of the Campos Basin.The oil was found in a pioneering well in the Alto de Cabo Frio Central block, which is owned by Petrobras and BP…

After Pavo Success, Santos Gearing Up to Start Drilling at Apus-1 Well Offshore W. Australia

Apr 04, 2022

Australian oil and gas company Santos has mobilized the Noble Tom Prosser jack-up drilling rig to the Apus-1 well location offshore W. Australia, with the drilling operations set to start within a week.The rig recently completed drilling the successful Pavo-1 well…

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