Discoveries

Hess Announces 13th Discovery Offshore Guyana

04.18.2019 Hess today announced a new discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated gross discovered recoverable resource of more than 5.5 billion barrels of oil equivalent on the Stabroek Block. “Yellowtail marks the 13th significant discovery on the Stabroek Block,” said CEO  John Hess . “As the fifth discovery in

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Eni reports new offshore Egypt gas discovery

15 March, 2019 Italian oil major Eni has announced a new gas discovery in the Nour prospect in the Eastern Egyptian Mediterranean. The discovery was made in the Nour exploration prospect in the Nour North Sinai Concession, approximately 50km north of the Sinai peninsula. A gas column of 90 metres was found, drilled by semisubmersible vessel the Scarabeo-9 at the

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Repsol makes major Indonesian gas discovery

18 February, 2019 A consortium led by Spain’s Repsol has made a significant gas discovery in Sumatra, Indonesia. The find, which has been confirmed by the country’s oil and gas regulator SKK Migas, is estimated to hold over 250m barrels of oil equivalent, which would make it the largest gas discovery in Indonesia since ExxonMobil’s Cepu discovery in 2001. The

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Eni announces Merakes East Gas discovery in the Indonesian offshore

Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, Offshore Kalimantan, Indonesia. 19/12/2018 10:00 San Donato Milanese (Milan), 19 December 2018 – Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, Offshore Kalimantan, Indonesia. The prospect is located 33 km south east from the Eni-operated Jangkrik field and just 3 km east

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Equinor’s Norway gas discovery

23 November, 2018 Equinor has made a gas find with exploration well 7324/3-1 in Production Licence 615 (PL 615) off Norway. The well was drilled around 15km northwest of discovery well 7325/1-1 (Atlantis) and 370km north of Hammerfest. Water depth at the site is 452m. The well will now be permanently plugged and abandoned. Well 7324/3-1 was drilled by the

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New oil discovery in the Johan Castberg licence

30 October, 2018 Equinor and partners Eni and Petoro have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25m recoverable barrels of oil. Skruis is the first operated exploration well drilled by Equinor this year in the Barents Sea. The partners will now consider the discovery’s tie-in options to Johan Castberg. The

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Aker BP acquires King Lear discovery

15. October 2018 Aker BP has entered into an agreement with Equinor Energy to acquire its 77.8 percent interest in the King Lear gas/condensate discovery in the Norwegian North Sea for a cash consideration of USD 250 million. Karl Johnny Hersvik, CEO of Aker BP comments: “The King Lear discovery is one of the largest undeveloped discoveries on the Norwegian

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Pemex Discovers Important Oil Fields in Shallow Waters of the Southeast Basin

09/10/2018 Pemex CEO, Carlos Treviño, illustrated the advancements in the processes of assessment and transition towards production of four fields in the shallow waters of the Gulf of Mexico Pemex CEO, Carlos Treviño, confirmed the discovery of seven reservoirs in two new wells in Mexico’s Southeast Basin, named Manik-101A and Mulach-1, which will allow the company to incorporate more than

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Discovery of Crude Oil and Gas at Chanda Well #01 (Hangu Formation)

OIL & GAS DEVELOPMENT COMPANY LIMITED (BOARD SECRETARIAT) No. CS04-08 (PSX/LSE) September 10, 2018 Subject: DISCOVERY OF CRUDE OIL AND GAS AT CHANDA WELL #01 (HANGU FORMATION) Dear Sir, By the grace of Almighty Allah, the joint venture of Chanda D&PL comprising Oil and Gas Development Company Limited (OGDCL) as operator (72%) together with M/s GHPL (17.5%) & M/s ZPCL (10.5%) has discovered

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PPL discovers oil in Punjab

KARACHI, September 7, 2018: Pakistan Petroleum Limited, operator of Karsal Block (3372-18) with 100 percent working interest, has made an oil discovery from its exploratory well Talagang X-1, located at District Chakwal, Punjab. Talagang X-1 was spud on May 24, 2018 and drilled down to the depth of 3675 metres measured depth inside Nammal formation. Based on good oil/gas show

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ExxonMobil makes another discovery offshore Guyana

31 August, 2018 US supermajor ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year. Hammerhead-1 encountered approximately 60 metres of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 4,225 metres depth in 1,150 metres of water by the Stena Carron drillship. Hammerhead-1 is

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Eni announces a gas discovery in the Egyptian Western Desert

Eni announces a gas discovery in the Egyptian Obayed concession located in the Egyptian Western Desert. Eni has started the studies to develop these relevant gas reserves that, together with the gas potential of the Melehia Concession, can contribute to increase the country gas production. 30/08/2018 15:00 San Donato Milanese (Milan), 30 August 2018 – Eni announces a gas discovery

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Hess Announces Ninth Discovery Offshore Guyana

30 Aug 2018 Hess today announced a ninth oil discovery offshore Guyana at the Hammerhead-1 well, marking its fifth oil discovery on the Stabroek Block in the past year and proving a new play concept for potential development. Hammerhead-1 encountered approximately 197 feet (60 meters) of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 13,862 feet (4,225 meters) depth in 3,773

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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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