More Oil Discoveries News

Apache has seven Egypt Western Desert discoveries in four basins

Aug 12, 2013

Apache Corp. said its exploration program in Egypt's Western Desert yielded seven oil and gas discoveries in four geologic basins in the quarter ended June 30.

Statoil group finds basement oil near Johan Sverdrup

Aug 8, 2013

Statoil Petroleum AS has drilled a small oil discovery west of the main bounding fault of Johan Sverdrup field in the North Sea offshore Norway.

WPX to develop San Juan Gallup oil discovery

Aug 5, 2013

WPX Energy Inc., Tulsa, will drill 8-10 development wells in New Mexico in 2013 near a San Juan basin oil discovery at which the first four wells flowed at commercial rates from Cretaceous Gallup sandstone.

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 estimated last month.

Apache has seven Egypt Western Desert discoveries in four basins

Aug 1, 2013

Apache Corp. said its exploration program in Egypt’s Western Desert yielded seven oil and gas discoveries in four geologic basins in the quarter ended June 30.

Eni group finds oil, gas off Congo (Brazzaville)

Aug 1, 2013

Eni Congo SA said two discovery wells offshore Congo (Brazzaville) have proved a resource of 600 million bbl of oil and 700 bcf of gas in place and that delineation wells will probe considerable upside.

Kenya Lokichar basin development threshold reached

Aug 1, 2013

Positive results from the deepened Etuko-1 exploratory well in northwestern Kenya have indicated that oil volumes located in the Lokichar basin exceed the threshold for development studies to begin, said Tullow Oil PLC.

Serinus finds Visean oil, gas in northeastern Ukraine

Jul 31, 2013

Serinus Energy Inc., Calgary, formerly Kulczyk Oil Ventures Inc., said it recovered oil and gas from formations of Visean age at the Makeevskoye-3 exploratory well on the North Makeevskoye license in Ukraine, potentially opening a new play.

UK North Sea Lacewing gas find under evaluation

Jul 30, 2013

A group led by ConocoPhillips will conduct postwell evaluations to ascertain whether its Lacewing gas discovery on Block 23/22b in the UK Central North Sea can be rendered commercial.

CNOOC adds two Bohai oil, gas discoveries

Jul 30, 2013

CNOOC Ltd. said it found oil and gas at the Bozhong 8-4 well and oil at the Kenli 10-4 discovery wells in Bohai Gulf.

BG-Ophir hit gas discovery offshore Tanzania

Jul 30, 2013

BG Group and Ophir Energy PLC reported a ninth gas discovery in Tanzania at the Mkizi-1 well on offshore Block 1.

W&T gauges Ship Shoal Mahogany deep subsalt pay

Jul 26, 2013

A subsalt deeper pool discovery in Mahogany field on the Gulf of Mexico shelf is producing at rates of 3,030 b/d of oil and 5.6 MMcfd of gas from below 17,200 ft, said W&T Offshore Inc., Houston.

Fourth Iara well exhibits excellent characteristics

Jul 25, 2013

Presalt carbonate reservoirs in the fourth exploratory well in the Iara area of Santos basin Block BM-S-11 have better characteristics than those found in the Iara discovery well, said Petroleo Brasileiro SA (Petrobras).

Mozambique deepwater channel gas marginal

Jul 23, 2013

The Statoil-operated initial deepwater exploratory well drilled in Area 2 offshore Mozambique encountered 38 m of good quality gas-bearing reservoir that early evaluation indicates is likely noncommercial on a standalone basis, said Tullow Oil PLC.

Solimar cuts thick, oily Temblor at San Joaquin well

Jul 22, 2013

Solimar Energy Ltd., Melbourne, said its Kreyenhagen Ranch 2-33 well in the northwestern San Joaquin basin in California has encountered more than 600 ft of Temblor formation heavy oil sands with oil present throughout.

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