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...

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.

CNOOC makes gas discovery in Qiongdongnan basin

Mar 19, 2014

CNOOC Ltd. has made a natural gas discovery in the east Lingshui Sag of the deepwater area in the South China Sea’s Qiongdongnan basin.

Petrobras confirms deepwater oil find with Pitu well

Mar 13, 2014

Petroleo Brasileiro SA (Petrobras) has announced that its 1-BRSA-1205-RNS (1-RNS-158) wildcat well has completed drilling.

Central Illinois shows Siluro-Devonian oil potential

Mar 3, 2014

The Siluro-Devonian is one of the hottest oil and gas plays in the Illinois basin.

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