More Oil Discoveries News

OMV announces oil discovery in the Barents Sea

Sep 6, 2013

OMV (Norge) AS has made the Barents Sea’s northernmost oil discovery, on the undrilled Hoop high offshore Norway with an estimated 60-160 million bbl of recoverable oil and 10-40 bcf of recoverable gas.

CNOOC, Oryx have discovery off Congo (Brazzaville)

Sep 4, 2013

CNOOC Ltd. made an oil discovery and spudded a second exploratory well on the Haute Mer A license offshore Congo (Brazzaville), said 20% interest owner Oryx Petroleum Corp., Calgary.

Eni group has wet gas find on Mozambique Area 4

Sep 3, 2013

A group led by Eni has made a discovery in the southern part of Area 4 offshore Mozambique that early estimates indicate could contain 5-7 tcf of gas in place.

Italy Po Valley indicated gas find to undergo tests

Aug 29, 2013

A group led by Po Valley Energy will test an apparent gas discovery at the Gradizza prospect on the La Prospera permit in Italy’s Po Valley.

OMV group gauges gas-condensate in Pakistan

Aug 29, 2013

A group led by OMV AG’s Pakistan subsidiary has gauged a gas-condensate discovery on the Mehar block in Sindh Province of Pakistan.

Statoil makes third Flemish Pass basin oil discovery

Aug 27, 2013

Statoil ASA made its third oil discovery in the Flemish Pass basin offshore Newfoundland and Labrador. Statoil is calling the discovery “encouraging.”

Canacol has Middle Mag oil discovery in Colombia

Aug 27, 2013

Canacol Energy Ltd., Calgary, said it has made an oil discovery in a shallow conventional Tertiary Lisama sandstone reservoir in Colombia's Middle Magdalena Valley but technical problems resulted in the well not being deepened to the Cretaceous La Luna and Simiti unconventional formations.

Reliance, BP gauge second Cauvery gas-condensate find

Aug 23, 2013

Reliance Industries Ltd. and BP PLC have gauged a deepwater gas-condensate discovery in the Cauvery basin offshore India’s east coast.

Statoil makes gas-condensate discovery with Smorbukk North well

Aug 20, 2013

Statoil and partners in production license 479 made a gas-condensate discovery in the Smorbukk North prospect at Haltenbanken in the Norwegian Sea.

Total group hits Gabon’s first deepwater presalt find

Aug 19, 2013

Total Gabon’s Diaman-1B exploratory well is the first discovery drilled in the deepwater portion of the presalt play offshore Gabon.

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.

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