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.
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.
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.
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.
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.
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.
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.
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.
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.
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.