Recent Oil Discoveries News

Recent Articles
Agiba finds Western Desert Cretaceous near-giant May 24, 2012 Agiba Petroleum Co. has made a Cretaceous oil and gas discovery in Egypt’s Western Desert initially judged to have 150-250 million bbl of oil in place.
CNOOC tests oil discovery in Liaodong Bay May 24, 2012 CNOOC Ltd. said it has tested the Luda 21-2 oil discovery in southern Liaodong Bay of Bohai Gulf at 608 b/d from the “thickest oil layers found in the exploration of Bohai clastic rocks in recent y...
Wintershall group to develop Maria offshore Norway May 23, 2012 An appraisal well north of the 2010 Maria oil and gas discovery in the Norwegian Sea has confirmed the initial resource estimate and supported the upper end of discovery volumes, said Wintershall N...
Bangladesh: Surma basin 3D seismic indicates oil May 21, 2012 Bangladesh, mainly a gas-producing country, has discovered indications of an oil pay zone in two Surma basin gas fields.
Iran: Giant Caspian deepwater oil find claimed May 21, 2012 Iran has claimed to have made a discovery of as much as 10 billion bbl of oil offshore in the Caspian Sea, but few details have been disclosed.
Heritage outlines Iraq Miran early development May 18, 2012 Heritage Oil PLC said it is considering phased development of Miran field oil and gas-conensate in the Kurdistan Region of Iraq.
Somalia petroleum system seen in Shabeel well May 17, 2012 Horn Petroleum Corp., Vancouver, BC, said its Shableel well in the Dharoor Valley in Puntland, Somalia, encountered two potential pay zones that confirm the existence of a working petroleum system.
Eni adds 7-10 tcf at Coral find offshore Mozambique May 16, 2012 An Eni SPA-led group said a gas discovery offshore northern Mozambique has opened a new play in Eocene sand and hiked the overall potential of the Mamba complex to 47-52 tcf of gas in place.
BG has Cretaceous gas find off southern Tanzania May 16, 2012 BG Group is preparing to spud its sixth wildcat offshore southern Tanzania after reporting a fifth gas discovery at the Mzia-1 exploratory well on Block 1.
Anadarko adds 7 to 20+ tcf at Golfinho off Mozambique May 15, 2012 The Anadarko Petroleum Corp. group has added 7 to 20+ tcf of recoverable gas to its discovered trove offshore Mozambique at an exploratory success nearly 20 miles northwest of its Prosperidade comp...