Discoveries

Repsol and Woodside’s Ivela-1 Discovery

June 12, 2018 Repsol, along with their partner Woodside, announced that they encountered oil in the Ivela-1 exploration well in the Luna Muetse (E13) Block. The well intersected a 78 m gross oil column, with the final assessment yet to be concluded. This comes just a month after Petronas announced a significant discovery in pre-salt sands using the same rig

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New oil discovery at the Utsira High

June 8, 2018 Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea. The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent. “We are very pleased to announce the first Equinor discovery,” says Nicholas Ashton, Equinor’s senior vice president, Exploration, Norway &

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Equinor makes significant North Sea oil discovery and expands Brazilian portfolio

08 June, 2018 Norwegian state-owned energy company Equinor (formerly Statoil) has announced that it has struck oil in the PL 167 licence at the Utsira High area in the Norwegian North Sea. The discovery is currently estimated to contain 15-35m barrels of recoverable oil equivalent. The Lille Prinsen well is located 200km west of Stavanger and north-west of the Johan

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Gas discovery in the Barents Sea

30. May 2018 Aker BP has made a gas discovery in the Barents Sea, and it is being analysed. The gas discovery was made in the Svanefjell prospect in the Barents Sea. “Per today it is not considered to be commercial, but we will re-evaluate the volume and commerciality if it is concluded that the gas is in gas hydrate

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Shell Makes Large Discovery Near Appomattox in Gulf of Mexico

Matt Zborowski, Technology Writer | 24 May 2018 Topics: Drilling Offshore Shell’s Dover discovery was drilled by Transocean’s newbuild Deepwater Poseidon ultra-deepwater drillship to a true vertical depth of 29,000 ft in 7,500 ft of water. Sources: Shell, Transocean. Gulf of Mexico Shell discoveries Norphlet play Appomattox Dover Shell Offshore said it made a “large” deepwater discovery in the US

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Shell makes large heartland discovery in Gulf of Mexico

May 24, 2018 Shell Offshore, Inc. (“Shell”) today announced a large, deep-water, exploration discovery in the Norphlet geologic play in the U.S. Gulf of Mexico with its Dover well (100% Shell). Shell’s map of the Dover discovery The Dover discovery is Shell’s sixth in the Norphlet and encountered more than 800 net feet of pay (244 meters). The discovery is

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Apache makes significant new North Sea discovery

26 March, 2018 Houston headquartered Apache Corporation has announced a significant oil discovery on Block 9/18a in the UK North Sea. The Garten discovery, located 6km south of the Beryl Alpha platform, encountered more than 700 feet of net oil pay. Apache has stated that the recoverable resource at Garten is expected to exceed 10m barrels of light oil. The

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Apache Corporation Announces Significant New Discovery at Garten Prospect in U.K. North Sea

HOUSTON, March 23, 2018 (GLOBE NEWSWIRE) — Apache Corporation (NYSE:APA) (Nasdaq:APA) today announced a significant oil discovery on Block 9/18a Area-W in the United Kingdom sector of the North Sea. Garten is located 6 kilometers south of the Beryl Alpha Platform. The Garten discovery well targeted a downthrown structural closure and encountered more than 700 feet of net oil pay

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Statoil becomes operator of the Martin Linge field and Garantiana discovery

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf. Statoil now has a 70% interest in Martin Linge and 40% in Garantiana. 121 employees from Total have been transferred over to Statoil in

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Offshore South Gabon: Petronas Confirm New High Quality Hydrocarbon Discovery in Pre-Salt Sands

March 19, 2018 Petronas has confirmed a crucial new oil and gas discovery as a result of its Boudji exploration well offshore South Gabon in pre-salt sands. The Boudji-1 well is located at a water depth of 2,808 m in the Likuale (F14) Block, and encountered 90 m of gross high quality hydrocarbon-bearing pre-salt sands. The well reached a total

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‘Enormous’ Merge Play Resource Rivals Major World Gas Fields, Largest Discoveries

18 March 2018 Topics: Petroleum reserves Producers in the recently opened Merge play of Oklahoma’s Anadarko Basin are sitting atop a resource that rivals some of the world’s major gas fields and largest new discoveries, Geology CEO Greg Augsburger of Citizen Energy told the SPE Gulf Coast Section Business Development Group recently. Merge lies between the prolific STACK (Sooner Trend,

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PPL discovers oil in Adhi Field, Punjab

Karachi, March 9, 2018: Oil Discovery: Pakistan Petroleum Limited, operator of Adhi Field, together with its joint venture partners Oil and Gas Development Company Limited and Pakistan Oilfields Limited has discovered hydrocarbons from exploratory well Adhi South X-1, located in Rawalpindi District, Punjab. The prospect was delineated on the basis of 3D seismic data and the well was drilled and

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Aker BP makes oil discovery in the Norwegian North Sea

02 March, 2018 The Norwegian Petroleum Directorate has announced that Aker BP’s wildcat well on licence 340 in the North Sea has encountered an oil column of about 10 metres. Early estimates put the size of the discovery at between 5 and 10m standard cubic metres of recoverable oil. A secondary exploration target identified approximately 50 metres of water-bearing sandstone

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ExxonMobil makes seventh offshore Guyana oil discovery

01 March, 2018 US oil major ExxonMobil has announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well in the Stabroek Block. The firm discovered around 20 metres of high-quality, oil-bearing sandstone reservoir. The well was drilled to a depth of 5,597 metres in 2,097 metres of water. The Pacora-1 well discovery, located close to the

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Hess Announces Seventh Oil Discovery Offshore Guyana

02.28.2018 Hess Announces Seventh Oil Discovery Offshore Guyana Pacora-1 well encounters approximately 65 feet of high-quality, oil-bearing sandstone Pacora resources to be integrated into third phase of development; will help bring Guyanaproduction to more than 500,000 barrels of oil per day Further drilling on the Stabroek Block planned in 2018 NEW YORK–(BUSINESS WIRE)–Feb. 28, 2018– Hess Corporation (NYSE:HES) today announced

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CGG GeoConsulting and Petroleum Corporation of Jamaica Announce First Reported Discovery of Live Oil Onshore Jamaica

Paris, France – February 20, 2018 CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have announced the discovery of two independent live oil seeps from different parts of the island of Jamaica. This significant find marks the first documented occurrence of ‘live’, or flowing, oil from onshore Jamaica and will be of particular interest to oil explorationists focused on Central America

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TAG Oil Updates Pukatea-1 Exploration Well

Vancouver, B.C. – February 12, 2018 – TAG Oil Ltd. (the “Company” or “TAG Oil”) (TSX: TAO and OTCQX: TAOIF) is pleased to provide a positive update on its Pukatea-1 exploration well, which was spudded on January 24, 2018. The Pukatea-1 well is located in TAG Oil’s operated Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki Basin of

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Eni announces a gas discovery Offshore Cyprus

Eni has made a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics. Calypso 1 is a promising gas

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North Sea Discoveries Highlight Rebound in the Slumbering Sea

Stephen Rassenfoss, JPT Emerging Technology Senior Editor |01 February 2018 Topics: Offshore Source: BP BP announced two North Sea discoveries, adding more energy to the rebound of what once looked like a moribund play. The Capercaillie and Achmelvich discoveries were made last year in established areas with nearby pipelines and platforms, which could make it possible for BP to put

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