More Oil Discoveries News

GeoPark tests discovery in Chilean Tierra del Fuego

Jul 2, 2013

GeoPark Holdings Ltd. said the Chercan-1 exploratory well gauged oil and gas on the Chilean Flamenco block, becoming the company’s first discovery in Tierra del Fuego.

Statoil Barents wildcat finds noncommercial gas

Jul 1, 2013

A group led by Statoil ASA has made a small gas discovery at the Nunatak prospect on the PL 532 in the Barents Sea offshore Norway.

Statoil makes second Flemish Pass basin oil discovery

Jun 19, 2013

Statoil has made the company’s second discovery of light, high-quality oil in the Flemish Pass basin offshore Newfoundland but said it cannot yet judge the find’s resource potential.

Beach drills four successful Cooper basin wells

Jun 18, 2013

Beach Energy Ltd., Adelaide, has cased and suspended as future oil producers four wells in the Cooper basin in South Australia’s Western Flank region. The wells are in permit PEL 91.

GeoPark has Guadalupe oil find on Llanos 34 block

Jun 17, 2013

A group led by GeoPark Holdings Ltd. has spudded an appraisal well after discovering a fourth oil field on the Llanos 34 block in Colombia and said it has identified several more prospects on the block.

Shale oil, gas resources 'abundant' worldwide, EIA/ARI study finds

Jun 17, 2013

Shale oil and shale gas resources are "abundant" around the globe, according to a recent study conducted by Advanced Resources International Inc. under contract to the US Energy Information Administration.

Statoil extends Sverdrup, finds basement prospect tight

Jun 13, 2013

Statoil ASA has gauged good oil rates on the west side of Johan Sverdrup field in the North Sea offshore Norway but said the latest appraisal wellbore also “reduces the possibility for upside potential in the basement section in the Johan Sverdrup area.”

Potentially commercial Cooper basin gas find touted

Jun 12, 2013

A prospective resource of as much as 2.9 tcf of gas has been identified in a conventional Early Permian tight stratigraphic reservoir in the Mettika embayment of the southern Cooper basin in South Australia, said Senex Energy Ltd., Brisbane.

Idemitsu group finds gas-condensate off Vietnam

Jun 7, 2013

A group led by Idemitsu Oil & Gas Co. Ltd., Tokyo, has made a gas-condensate discovery at the third well drilled on blocks 05-1b and 05-1c offshore 300 km southeast of Ho Chi Minh City, Vietnam.

Tecpetrol, PetroNova extend Llanos oil discovery

Jun 5, 2013

Tecpetrol Colombia and PetroNova Inc., Calgary, have tested oil at a stepout from a 2012 oil discovery on the CPO-7 block in the Llanos basin in Colombia.

Jubilant, GAIL gauge two-zone Tripura gas find

Jun 3, 2013

Jubilant Energy NV said a subsidiary has submitted two notices of discovery to Indian authorities for the Lower and Middle Bhuban formations at its North Atharamura-1 well on Tripura Block AA-ONN-2002/1 in northeastern India.

Case study: Production benefits from increasing C-values

Jun 3, 2013

A case study performed in a southern Iran oil field indicates that the C-value used in API RP 14E can be safely increased, enabling increased production from fewer wells and decreasing drilling costs.

Development okayed for oil finds off Ghana

May 31, 2013

Tullow Oil PLC and partners will install a floating production, storage, and offloading vessel and drill as many as 24 wells to develop the Tweneboa, Enyenra, and Ntomme oil discoveries in the Deepwater Tano Contract Area 60 km offshore Ghana (OGJ Online, Feb. 4, 2013).

Statoil group has oil find north of Grane field

May 28, 2013

A group led by Statoil Petroleum AS has attributed 18-33 million bbl of recoverable oil to a discovery well on North Sea license 169 B2 about 7 km north of Grane field and 150 km west of Stavanger, Norway.

RIL group has deep KG-D6 strike off India

May 24, 2013

Reliance Industries Ltd. and partners plan an appraisal program with a view to developing a deepwater natural gas and condensate discovery on the controversial KG-D6 Block offshore eastern India.

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