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New Developments
Chevron makes oil discovery in deepwater U.S. Gulf of MexicoOct 24, 2014Chevron Corporation has made a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet.
New oil resources proved in the Grane areaOct 22, 2014Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 metres in the Heimdal Formation. The estimated volume of the discovery is in the range of 30-80 million barrels of recoverable oil.
President Energy makes first ever oil discovery in the Paraguayan ChacoOct 21, 2014President Energy has made the first ever oil discovery in the Paraguayan Chaco. Conventional light oil / condensate discovery - expected to be
GPK declares commerciality for the Shewashan light oil discovery in the Kurdistan Region of IraqOct 20, 2014GPK has declared the Shewashan light oil discovery commercial and is preparing the Field Development Plan (FDP) for submission to the MNR in
PetroNeft successfully drills Tungolskoye No. 5 well in Western SiberiaOct 15, 2014PetroNeft says that the vertical pilot hole of the Tungolskoye No. 5 (T-5) well has been successfully drilled. The Upper Jurassic J1 oil reservoir
FAN-1 exploration well discovers oil, offshore SenegalOct 8, 2014Cairn Energy together with its joint venture partners is pleased to announce that the FAN-1 exploration well, offshore Senegal, has discovered oil.
Horse Hill-1 well encounters oil showsOct 7, 2014Solo Oil advises that the Horse Hill-1 well has intersected the Portland Sandstone over the weekend and has encountered oil shows identified by mud
Rosneft discovers new hydrocarbon field in the Kara SeaSep 30, 2014Rosneft successfully completed the drilling of the northernmost well in the world - the Universitetskaya-1 well in the Arctic. According to the results of
Real Energy hits gas in Cooper BasinSep 29, 2014Cooper Basin focused oil & gas exploration company Real Energy Corporation Limited provides progress report for its maiden exploration well,
Namur oil discovery at Martlet-1 on the western flankSep 15, 2014Senex Energy Limited says that the Martlet-1 exploration well on the western flank of the South Australian Cooper-Eromanga Basinhas
President Energy reports new successful discovery well at East Lake Verret, LouisianaSep 12, 2014President Energy reports a successful new discovery well at East Lake Verret, Louisiana, and an increase in Group production from an
Dragon Oil makes its first oil discovery at 'Block 9', IraqSep 11, 2014Dragon Oil plc advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest), issued the following update on
Shell makes Utica gas discovery in PennsylvaniaSep 5, 2014Shell has announced new discovery wells (Neal and Gee) within the Utica formation in Tioga County, Pennsylvania, USA. These wells
Roxi Petroleum makes Deep Discovery at BNGSep 2, 2014Roxi makes deep discovery at its flagship BNG asset. The BNG Contract Area is located in the west of Kazakhstan 40 kilometres southeast of Tengiz
Canacol's Pantro 2 exploration well encounters oil pay within the C7, GachetaAug 25, 2014Canacol Energy Ltd. says that the Pantro 2 exploration well encountered oil pay within the C7, Gacheta, and Ubaque sandstone
Apache hits first Canning Basin oil discovery offshore Western AustraliaAug 19, 2014Apache Corporation has made an oil discovery at the Phoenix South-1 well - the company's first discovery in Australia's offshore
Fourth Jupiter well proves extension of Santos Basin pre-salt discoveryAug 15, 2014Petrobras has confirmed the extension of the Jupiter discovery in the Santos Basin pre-salt block BM-S-24 following drilling operations at well 3-BRSA-1246-RJS (3-RJS-732), informally known as Apollonia.This well, which is situated 296 km off the coast of Rio de Janeiro, at a water depth of 2,183 meters,
Roxi Petroleum provides an update on discovery at BNGAug 7, 2014Roxi Petroleum says that oil and gas shows were detected at a depth of 4,332 meters at its flagship BNG asset.
Premier Oil's second discovery boosts reserves on Tuna block offshore IndonesiaAug 4, 2014Premier Oil Plc's (Premier), latest exploration well offshore Indonesia has discovered wet gas reserves in the Singa Laut structure in the
Gulfsands Petroleum successfully drills LTU-1 well in MoroccoAug 1, 2014Gulfsands Petroleum says that the Lalla Yetou Updip-1well (LTU-1), located within the Rharb Centre Permit in Northern Morocco, has
Horizon declares positive results in the East Texas counties of Cherokee and RuskJul 31, 2014Horizon Energy Corporation declares positive results for its exploration project in the East Texas counties of Cherokee and Rusk, and
Beach discoves non-commercial oil at PEL 249's Elliston-2 wellJul 31, 2014Cooper Energy Limited says that Elliston-2, located in PPL 249 on the western flank of the Cooper Basin, South Australia, has been
Carnarvon observed hydrocarbons at Phoenix South-1 well in WAJul 29, 2014Carnarvon Petroleum Limited (Carnarvon) reported that gas and indications of associated liquid hydrocarbons were observed in the
OMV Petrom makes oil discovery in the Black SeaJul 18, 2014OMV Petrom’s Marina 1 well encountered a new oil reservoir on the continental shelf of the Black Sea. The well drilled in Istria XVIII
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