Recently Hart Energy sat down with Luke Essman, president and CEO of Tulsa-based Canyon Creek Energy in Oklahoma City. Essman discussed the decades of drilling he anticipates. Plus, the company’s focus in the Arkoma Basin.
The study's findings raise the prospect of future discoveries in the area, which has been left untouched over 50 years of exploration activity in the North Sea, said the university.
If the new find at the group's Kali Berau Dalam-2 well shows good results, Indonesia may be able to push back the current estimate for when it has a natural gas deficit, or when consumption is greater than domestic supply, from 2025.
The P-76 platform is located in the Búzios Field within the pre-salt region of the Santos Basin offshore Brazil and is the second platform Petrobras has entered into operation so far this year.