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.
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.
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.
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.
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.
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.
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.
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.
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.
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."