Discoveries

Discoveries , Deepwater

Shell Makes ‘Significant’ Discovery in Closely-watched Well Offshore Namibia

It is unclear if the discoveries offshore Namibia are big enough for Shell to go ahead with the development of the country’s first deepwater field, sources say.

January 25, 2022

Discoveries

International E&P Confirms Significant Oil Discovery in Wyoming

The Wyoming-focused E&P company currently estimates the total reservoir volume of the discovery to be 1.5 billion to 1.9 billion barrels of oil in place.

January 11, 2022

Discoveries

Equinor Makes New Oil Discovery Near North Sea Fram Field

Recent discoveries in the Troll and Fram area show that even mature areas can be revitalized based on new information and modern exploration technology, Equinor said.

January 7, 2022

Field Development , Discoveries , Deepwater

Exxon Mobil Makes Two Discoveries Offshore Guyana

Fangtooth and Lau Lau discoveries will add to previous recoverable resource estimate of approximately 10 billion oil-equivalent barrels, says Exxon Mobil and project partner Hess in separate releases.

January 5, 2022

Discoveries

Global Oil, Gas Discoveries Plummet to Lowest in Decades

Data from Rystad Energy show total oil and gas volumes discovered worldwide in 2021 have fallen dramatically, though some companies have chalked up exploration wins.

December 22, 2021

Discoveries , Shale Plays

Zephyr Finds Unconventional Potential in the Northern Paradox Basin

Simulation modelling indicates potential rates of 2,100 barrels of oil equivalent per day.

December 13, 2021

Discoveries

Equinor Makes Sixth Norwegian Oil Discovery of 2021

The discovery, just north of the Tyrihans Field and west of the Kristin development in the Norwegian Sea, was the state-controlled firm's sixth find in domestic waters this year, Equinor said.

November 1, 2021

Discoveries

Norway to Continue Search for Oil, Gas, Incoming Government Says

Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Oct. 13.

October 13, 2021

Field Development , Discoveries , International , Health, Safety & Environment

EU To Seek Ban on Oil, Gas Exploration in the Arctic

The European Commission proposal reflects the EU's efforts to boost its role on the global stage, though it has limited influence in the Arctic.

October 13, 2021

Discoveries

Exxon Mobil Raises Resource Estimate at Guyana's Stabroek Block

Hess CEO John Hess said he sees "multibillion barrels of additional exploration potential remaining on the block."

October 7, 2021