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


Energean Discovers New Gas Off Israel's Coast

Energean made a new 8 Bcm natural gas discovery off the coast of Israel in its Athena exploration well. The company previously thought the discovery would yield 21 Bcm, however.

May 9, 2022

Field Development , Discoveries

Exxon Mobil Makes Three New Discoveries Offshore Guyana as Stabroek Resource Estimate Grows

The three new discoveries offshore Guyana increases Exxon Mobil’s estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.

April 26, 2022