More Oil Discoveries News

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.

Senators ask Kerry to study Keystone XL health impacts

Mar 3, 2014

US Senate Energy and Public Works Committee Chair Barbara Boxer (D-Calif.) and committee member Sheldon Whitehouse (D-RI) jointly asked US Sec. of State John F. Kerry to fully examine potential health impacts before making a decision on the proposed Keystone XL crude oil pipeline.

Ithaca makes North Sea oil discovery

Feb 21, 2014

Ithaca Energy Inc. reported the discovery of oil in its Trell prospect in PL102 F/G in the Norwegian North Sea.

Statoil discovers more gas at Johan Castberg

Feb 20, 2014

Statoil ASA has reported that its exploration well 7220/4-1 has encountered a 130-m gas column in the Sto and Nordmela formations though the company reported that reservoir quality was poorer than expected. In the Snadd formation, the well encountered a 45-m gas column.

Apache plans further development for active Egyptian program

Feb 17, 2014

Apache Corp. has applied for licenses to develop two recent discoveries in the Western Desert of Egypt, where drilling now includes horizontal wells targeting conventional and unconventional resources.

Magnum Hunter finds Utica gas

Feb 14, 2014

Magnum Hunter Resources Corp. (MHR), Houston, has reported a dry gas discovery on its first Utica shale well. The Stalder No. 3UH had peak production of 32.5 MMcfd on an adjustable choke with 4,300 psi.

Eni discovers wet gas, light oil offshore Congo (Brazzaville)

Feb 13, 2014

Eni SPA has announced that its Nene Marine 3 exploration well has discovered wet gas and light oil in the Marine XII block offshore Congo (Brazzaville).

Tethys makes oil discovery in Oman

Feb 12, 2014

Tethys Oil AB has made an oil discovery onshore Oman, 13 km south of the B4EW4 discovery.

CNPC proves major gas find at Anyue field’s Moxi block

Feb 11, 2014

China National Petroleum Corp. has confirmed that its Moxi block in the Anyue gas field contains technically recoverable reserves of up to 308.2 billion cu m.

Pacific Rubiales makes oil discovery in Peru

Feb 5, 2014

Pacific Rubiales Energy Corp., Toronto, has made an oil discovery in the Los Angeles-1X exploration well on Block 131 of Peru’s onshore Ucayali basin.

Court ruling's impact on existing Alaska OCS leases uncertain

Feb 3, 2014

A federal appeals court ruled a portion of the environmental impact statements prepared prior to federal oil and gas leasing off Alaska's Arctic coast was improperly prepared, and sent the matter back to the district court that heard the lawsuit for further action.

Oryx updates oil production plans in Iraq Kurdistan

Jan 27, 2014

Oryx Petroleum Corp., Calgary, updated its continued exploration and development plans for its Demir Dagh discovery in the Kurdistan Region of Iraq. The company reported in late 2013 that it believed it was months away from a commerciality declaration and could start oil production in midyear.

Energy a key element in US Chamber's plans for 2014, Donohue says

Jan 20, 2014

Advancing and protecting the US energy revolution will be a key part of the US Chamber of Commerce's 2014 strategy, Pres. Thomas J. Donohue said Jan. 8 in his annual State of American Business address.

BP, ConocoPhillips make oil discovery in deepwater gulf

Dec 18, 2013

BP PLC made an oil discovery at its Gila prospect in 4,900 ft of water on Keathley Canyon Block 93 about 300 miles southwest of New Orleans in the Gulf of Mexico.

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