Discovery


All posts for Discovery

NPD: Dry Well and Minor Oil Discovery Southwest of the Vega Field in the North Sea – 35/10-4 S and 35/10-4 A

Equinor Energy AS, operator of production licence 630, has completed the drilling of wildcat wells 35/10-4 S and 35/10-4 A. The wells were drilled about ten kilometres southwest of the Vega field in the northern part of the North Sea. The primary exploration target for well 35/10-4 S was to prov ...

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Posted 3 months agoPress > NPDNorwegian Petroleum DirectorateNorway +10

ExxonMobil Increases Stabroek Resource Estimate to 5 Billion Barrels; Makes 10th Discovery

More than 5 billion recoverable oil-equivalent barrels discovered in less than four years Reinforces potential for at least five floating storage, production and offloading vessels producing more than 750,000 barrels of oil per day by 2025 Pluma-1 well represents 10 th discovery IRVING, Texas- ...

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Posted 3 months agoPress > Stabroek BlockStabroekDiscovery +3

NPD - Gas Discovery Northwest of Gas Discovery 7325/1-1 (Atlantis) in the Barents Sea – 7324/3-1

Equinor Energy AS, operator of production licence 615, has completed the drilling of wildcat well 7324/3-1. The well was drilled about 15 kilometres northwest of discovery well 7325/1-1 (Atlantis) and 370 kilometres north of Hammerfest. The well's primary exploration target was to prove oil in r ...

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Posted 3 months agoPress > EquinorEquinor EnergyNPD +7

NPD: Delineation of the 35/12-2 (Grosbeak) Oil and Gas Discovery in the North Sea – 35/11-21 S and 35/11-21 A

Wellesley Petroleum AS, operator of production licence 248 I, has concluded the drilling of appraisal wells 35/11-21 S and 35/11-21 A on the 35/12-2 (Grosbeak) oil and gas discovery. The wells were drilled about 10 km northeast of the Fram field in the northern part of the North Sea, and 84 km so ...

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Posted 4 months agoPress > NPDNorwegian Petroleum DirectorateNorth Sea +7

Equinor: New Oil Discovery in the Johan Castberg Licence

The Songa Enabler drilling rig. (Jan Arne Wold / Woldcam - Equinor ASA) Equinor and partners ENI and Petoro have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable barrels of oil. “This is an important discov ...

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Posted 4 months agoPress > EquinorEqunior EnergyDiscovery +4

NPD: Delineation of the 25/4-3 (Gekko) Gas and Oil Discovery in the North Sea – Wells 25/4-13 S and 25/4-13 A

Aker BP ASA, operator of production licence 203, has completed the drilling of appraisal wells 25/4-13 S and 25/4-13 A on the gas and oil discovery 25/4-3 (Gekko). The wells were drilled about 5 kilometres east of the Volund field and 200 kilometres northwest of Stavanger. The discovery was prov ...

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Posted 5 months agoPress > NorwayNPDNorwegian Petroleum Directorate +10

Equinor Further Focuses NCS Portfolio

Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for a total of USD 220 million. Tommeliten Alpha is a gas/condensate discovery that was made in 1976. Through this transaction Equinor will dives ...

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Posted 5 months agoPress > NCSNorwegian Continental ShelfOffshore +7

Equinor Focuses NCS Portfolio Through Sale of Non-Core Discovery

Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million. “This transaction is a further example of our strategy of capturing value from active portfolio management thro ...

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Posted 5 months agoPress > DiscoveryEquinor EnergyEquinor +6

Pemex’s New Discoveries Leave the Company Aligning With New Administration Plans, Mitigating its Permanent decline, Says GlobalData

Following Carlos Treviño's, Pemex CEO, announcement of two new discoveries, Manik-101A and Mulach-1, in Mexico's shallow water opposite Tabasco state, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream ...

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Posted 5 months agoOpinion > GlobalDataPemexDiscovery +2

Equinor: Oil Discovery in the Norwegian Sea More Than Double the Remaining Norne Oil Reserves

The Norne FPSO in the Norwegian Sea. (Photo: Anne-Mette Fjærli) Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume potential of 50-70 million recoverable barrels of oil. The discovery more ...

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Posted 5 months agoPress > EquinorEquinor EnergyNorway +5

NPD: Appraisal and Test Production of the 7220/11-1 (Alta) Oil and Gas Discovery in the Barents Sea – 7220/11-5 S

Lundin Norway AS, operator of production licence 609, has concluded drilling and test production on appraisal well 7220/11-5 S on the 7220/11-1 (Alta) oil and gas discovery in the southwestern part of the Barents Sea. The well was drilled about 4 kilometres south-southwest of the discovery well, ...

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Posted 5 months agoPress > NPDNorwegian Petroleum DirectorateNorway +7

Eco Atlantic Comments on Exxon's Ninth Major Discovery in Guyana - Hammerhead-1

From Guyana today, on ExxonMobil Corporation ("Exxon")'s Stabroek Block, Exxon and Hess Corporation have announced a new oil discovery of 60 metres (197 feet) of net pay of high-quality, oil-bearing sandstone reservoir in the Hammerhead-1 well.  Exxon's Hammerhead-1 oil discovery is located approxi ...

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Posted 6 months agoPress > ExxonExxonMobilExxon Mobil Corporation +7

ExxonMobil Adds Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration IRVING, Texas--( BUSINESS WIRE )-- ExxonMobil (NYSE:XOM) has ma ...

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Posted 6 months agoPress > OffshoreDiscoveryGuyana +5

Hess Announces Ninth Discovery Offshore Guyana

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels Maximum offshore value creation through rapid development and accelerated exploration NEW YORK--(BUSINESS WIRE)--Aug. 30, 2018-- Hess Corporati ...

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Posted 6 months agoPress > HessHess CorporationOffshore +4

NPD: Delineation of the 16/1-12 (Rolvsnes) Oil Discovery in the North Sea – 16/1-28 S

Lundin Norway AS, operator of production licence 338C, has concluded the drilling of appraisal well 16/1-28 S. The well was drilled about one kilometre northeast of the discovery well, 16/1-12, and around 190 kilometres west of Stavanger. The 16/1-12 (Rolvsnes) discovery is located just south of ...

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Posted 6 months agoPress > NPDNorwayNorwegian Petroleum Directorate +7