Public Capital , Discoveries

Tullow Shares Drop On Doubts Over New Offshore Guyana Well

Tullow Oil said the Carapa well offshore Guyana had struck oil at about 4 m of net pay, which analysts believe is unlikely to be commercially viable.

January 2, 2020


Shell Makes ‘Significant’ Gas, Condensate Find Offshore Australia

The discovery was located within title AC/P64 about 160 km (99 miles) northeast of the Shell-operated Prelude floating LNG facility.

December 23, 2019


Exxon Mobil, Partners Strike Oil Offshore Guyana

The latest discovery was made by the Mako-1 well drilled about 10 km southeast of the Liza Field.

December 23, 2019


DNO Makes Small Oil, Gas Discovery In Norwegian Sea

Preliminary estimates show the discovery west of Heidrun Field to hold between 6.3 million and 12.6 million barrels of recoverable oil equivalents, the Norwegian Petroleum Directorate said.

December 13, 2019


Ghana Company Says It Discovers 1.5 Billion Barrels Of Oil Offshore

The discovery is a significant one in a country that currently produces about 200,000 barrels of oil per day.

December 11, 2019


Mexico's Pemex Announces Discovery Of 'Giant' Crude Oil Deposit

Mexican state oil company Pemex said on Dec. 6 it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling it the largest such finding in more than 30 years.

December 8, 2019


BP Makes Gas Discovery Offshore Trinidad

Plans are for the well, which was drilled into two untested fault blocks east of the Cashima Field, to be completed by the end of November, the company said.

November 18, 2019


Iran Finds New Oil Field With 53 Billion Barrels Of Crude

The field stretches over 2,400 sq km (927 sq miles) in the oil-rich Khuzestan province, Iran President Hassan Rouhani said Nov. 10.

November 10, 2019


Equinor Makes Norway Oil, Gas Find Of Up To 100 Million Barrels

Recoverable resources are estimated at between 38 million and 100 million barrels of oil equivalent, adding considerably to the area’s resource base, the company said.

November 6, 2019


Kosmos Energy Finds Oil Offshore Equatorial Guinea

Equatorial Guinea's Ministry of Mines and Hydrocarbons said the well, located in the Santonian reservoir offshore in the Rio Muni Basin, was drilled to a depth of 4,400 m.

November 4, 2019