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  1. Pemex reports six recent offshore oil discoveries

    Petroleos Mexicanos (Pemex) has discovered two deepwater superlight oil discoveries and four shallow-water light oil discoveries in the Gulf of Mexico. The Nobilis-1 well, which was drilled in 3,000 m of water to a TD of more than 6 km, 220 km offshore Tamaulipas state in the Perdido fold belt, found oil of greater than 40° gravity on the eastern flank of Maximino field. Pemex says estimated total 3P reserves at Nobilis range 140-160 million boe, and production could reach 15,000 b/d. The Teak-1 well, drilled 30 km off Veracruz and Tabasco states in 44 m of water, discovered light crude and gas condensate. Total 3P reserves are estimated at 50-60 million boe, and output could reach 7,000 b/d. Pemex says it plans to drill 30 exploration wells in 2017, focusing on areas that promise the highest returns. Priority will be given to regions where production can be strengthened in the short and medium terms. In Mexico’s southeastern basins, the firm intends to drill 10 wells on land and 12 in shallow waters. Four wells are planned for the deep waters of the Perdido fold belt, and another four are planned for the Tampico-Misantla basin and the southern portion of the Burgos basin—two shale regions Pemex deems highly prospective.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  2. Engie makes gas, oil discovery near Gjoa in North Sea

    The Norwegian Petroleum Directorate reported a gas and oil discovery by Engie E&P Norge AS some 6 km northeast of Gjoa field.

    Online Articles

    Online Articles

    Fri, 16 Sep 2016

  3. Karoon Gas Australia acquires partner’s interest off Brazil

    Karoon Gas Australia Ltd. of Melbourne has made a binding sale and purchase agreement for the acquisition of partner Pacific Exploration & Production Corp.’s 35% interest in five Santos basin blocks offshore Brazil.

    Online Articles

    Online Articles

    Wed, 28 Sep 2016

  4. Wintershall makes small oil find in course of drilling North Sea wells

    The Norwegian Petroleum Directorate said Wintershall Norge AS had a “minor” oil discovery in the course of recently drilling four wells in the North Sea.

    Online Articles

    Online Articles

    Fri, 16 Sep 2016

  1. North Sea Breagh set for infill drilling, workovers

    Online Articles

    Online Articles

    Mon, 12 Sep 2016

  2. Det norske makes oil discovery at Langfjellet

    Det norske oljeselskap ASA has found oil with exploration well 25/2-18 S on the Langfjellet prospect in the North Sea.

    Online Articles

    Online Articles

    Wed, 31 Aug 2016

  3. Algerian drilling campaign ends with oil discovery

    Algeria’s state-owned Sonatrach and its partners completed its drilling campaign in Hassi Bir Rekaiz with the Bou Goufa-2 (BOG-2) well that flowed 2,406 b/d of oil and 2.9 MMcfd of associated gas. BOG-2 was drilled to TD 4,064 m at the end of April. Drill stem tests showed flow rates from the ...

    Online Articles

    Online Articles

    Fri, 19 Aug 2016

  4. COPL buys into oil-prone block offshore Nigeria

    Canadian Overseas Petroleum Ltd. has acquired 80% of the share capital of Essar Exploration and Production (Nigeria).

    Online Articles

    Online Articles

    Mon, 19 Sep 2016

  5. EnQuest makes oil discovery with Eagle prospect in North Sea

    EnQuest PLC encountered a 67-ft thick oil-bearing column in the Fulmar in its Eagle exploration well in the Greater Kittiwake Area (GKA) in the Central North Sea. The company did not encounter an oil-water contact, which it said represented potential upside volumes on the flank of the structure.

    Online Articles

    Online Articles

    Fri, 1 Jul 2016

  6. Guyana ministry mulls onshore oil, gas facility

    Guyana’s Ministry of Natural Resources has announced plans to build an onshore oil and gas facility in that country as it attempts to optimize opportunities from the massive ExxonMobil Corp. oil discovery and future petroleum exploration and production.

    Online Articles

    Online Articles

    Tue, 13 Sep 2016

  7. Parkmead strengthens case for new North Sea oil hub

    Parkmead has increased its equity in the Perth and Dolphin oil fields in the UK central North Sea to 60.05%.

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  8. Cairn considers next-phase drilling offshore Senegal

    Cairn Energy says tendering for a rig to drill a next phase of wells offshore Senegal is progressing well, as the company and its partners look to build on its deepwater oil discoveries .

    Online Articles

    Online Articles

    Tue, 16 Aug 2016

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