Mediterranean Sea

Trends

A&D Transactions From The Week Of Nov. 13, 2019

Here’s a snapshot of energy deals from the past week including Equinor’s sale in the Eagle Ford to Repsol plus nearly $300 million worth of shale acquisitions by Marathon Oil.

November 13, 2019

Field Development

Noble Energy Targets December First Gas For Leviathan Field

The project in the Eastern Mediterranean is running ahead of schedule and is $150 million under budget.

November 7, 2019

Reservoir Evaluation , Discoveries

Energean Adds Natural Gas Discovery To Israel Portfolio

Karish North also holds some light oil, which brings the field up to 190 million barrels of oil equivalent.

November 4, 2019

Exploration & Production

Hellenic Plays Down Reports Of Gas Find Off Crete

Citing a senior executive from Hellenic, Greek media reported on Oct. 31 that the refiner had indications for estimated gas reserves of 10 trillion cubic feet (Tcf) off Crete, based on past seismic data.

November 1, 2019

Exploration & Production , Lease Sales

Israel Grants Two Groups Offshore Exploration Licenses

Israel’s energy ministry hopes new activity will help position the country as a regional energy hub after massive amounts of natural gas were discovered off its shores.

October 28, 2019

Highlights

Best Of This Week’s Drilling Activity Highlights (Sept. 27, 2019)

A Three Forks producer by WPX, a Woodford completion in Grady County, Okla., and an oil discovery offshore Angola top this week’s drilling activity highlights from around the world.

September 27, 2019

Exploration & Production

Egypt’s Zohr Gas Field Output Rises To 2.7 Bcf/d

The minister, Tarek al-Molla, said in a statement that the current production level was reached four months ahead of schedule. There are now 12 wells in production in the field, the statement said.

August 21, 2019

Unconventional , Highlights , Discoveries , Shale Plays

Best Of This Week’s Drilling Activity Highlights (July 26, 2019)

Marathon Three Forks discovery, Marcellus completions from Chesapeake and Cabot plus an offshore discovery by Exxon Mobil top this week’s drilling activity highlights from around the world.

July 26, 2019

Exploration & Production , International

Turkey Says It Will Continue To Drill For Gas Offshore Cyprus

Move is designed to pressure Greek Cypriot government to accept a cooperation proposal by Turkish Cypriots.

July 15, 2019

Exploration & Production , Lease Sales

Two Groups Bid In Israel’s Offshore Energy Tender

Israel’s energy ministry said the new activity will help position the country as a regional energy hub. But the results were not much of a rebound from a disappointing round two years earlier when, again, just two groups placed bids.

July 15, 2019