Discoveries , Deepwater

Ecopetrol, Petrobras Report Deepwater Gas Find Offshore Colombia

The deepwater gas discovery reported by Ecopetrol and Petrobras offshore Colombia confirms the importance of the Caribbean region and increases the possibility for developing a new E&P frontier off northern South America.

July 29, 2022

Field Development , Discoveries , Deepwater

Exxon Mobil, Hess Accelerate Stabroek Development with Two New Discoveries

Partners Exxon Mobil and Hess reported two new discoveries offshore Guyana at the Seabob-1 and Kiru-Kiru-1 wells, adding to the discovered recoverable resource estimate for the prolific Stabroek Block.

July 26, 2022

Field Development , Discoveries

Eni, Sonatrach Unveil Several Discoveries in Algeria Desert

Eni said the Rhourde Oulad Djemaa Ouest-1 discovery is part of the new exploration campaign which will include the drilling of five wells in the Berkine North onshore basin in Algera.

July 25, 2022


Petrobras, BP Confirm ‘Good’ Productivity at Wildcat Well

Petrobras’ recent drillstem test yielded positive results due to the company’s application of real-time data to enable quick decision-making, Brazil’ state-owned company said in a statement.

July 12, 2022


Algerian Gas Discovery Boosts Reserves, Sonatrach Says

A new discovery in the Hassi Rmel gas field in Algeria will grow the country's already increasing role as a key gas supplier for Italy, Spain and other southern European countries, according to Sonatrach.

June 28, 2022

Field Development , Discoveries

New Discoveries May Tie Back to Johan Castberg FPSO

Production to Johan Castberg FPSO set to begin in 2024; newer finds could be added later to keep the unit at capacity.

June 10, 2022


Closely Watched Exploration Well Off West Australia Finds No Gas, Oil

Privately owned Western Gas had called it "one of the most anticipated exploration wells on the North West Shelf in many years".

June 6, 2022


Guyana's Deeper Waters Leading to New Attractive Oil Findings, Hess Says

"There are multi-billion barrels remaining on top of" the 11 billion barrels found so far, Hess CEO John Hess said.

June 3, 2022


ADNOC Announces Three New Oil Discoveries

The discovery includes 500 million barrels of oil from an exploration well in the field.

May 19, 2022


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

The joint venture is expected to be the next consortium in moving oil exploration projects in Guyana to the development phase if discoveries are declared commercial.

May 10, 2022