Recent Oil Discoveries News

NPD sees optimism on Norwegian Continental Shelf

Aug 5, 2013 Undiscovered recoverable resources on the Norwegian Continental Shelf are an estimated 935 million to 5,420 million standard cu m of oil equivalent (scmoe), the Norwegian Petroleum Directorate esti...

Total discovers oil deep offshore Ivory Coast

Apr 17, 2014

Total Exploration & Production says its Saphir-1XB exploratory well discovered oil in deepwater off Ivory Coast.

Shell makes deepwater gas discovery offshore Malaysia

Apr 17, 2014

Royal Dutch Shell PLC has made a natural gas discovery with the Rosmari-1 well, which was drilled 135 km offshore Malaysia on Block SK318.

Energy reform could unlock Mexico's shale resource potential

Apr 16, 2014 The oil and gas industry is watching with great interest as energy reforms unfold in Mexico. The country has taken the first steps toward opening its energy industry to outside investment that coul...

Santos tests gas at Mt Kitty-1 in central Australia

Apr 15, 2014

The Santos Ltd.-operated wildcat Mt Kitty-1 in the Amadeus basin of central Australia has flowed gas on test from four zones in the target Heavitree formation below 2,140 m subsurface.

Statoil makes oil, gas discovery north of Valemon field

Apr 11, 2014 Statoil ASA, together with its Valemon unit partners, made an oil and natural gas discovery in the Valemon North prospect in the North Sea, just 10 km north of the companies’ planned Valemon instal...

GeoPark makes oil discovery in Colombia

Apr 9, 2014

GeoPark Ltd. reported the successful drilling and testing of the Aruco 1 exploration well on the Llanos Block 34 in the central Llanos basin in Colombia.

Beach Energy extends success in Cooper western flank

Mar 31, 2014

Beach Energy Ltd., Adelaide, has extended its successful run of oil discoveries in the western flank Cooper-Eromanga basin play in South Australia with its Stunsail-1 wildcat.

Statoil makes gas find on flank of Visund field in North Sea

Mar 24, 2014

Statoil Petroleum AS has made a natural gas discovery on the northeast flank of Visund field in the northern part of the North Sea, the Norwegian Petroleum Directorate reported.

CNOOC makes natural gas discovery in Bohai Bay

Mar 24, 2014

CNOOC Ltd. has made what it describes as a “mid-sized” natural gas discovery in the Bozhong 22-1 structure in the south-central region of Bohai Bay.

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January 26, 2015
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