More Oil Discoveries News

Energy leaders fade

Sep 16, 2013

Early leaders are fading fast in the global competition to reengineer energy use. Australian energy consumers this month routed a government that was raising their electricity bills with a carbon tax.

Watching Government: A controversial Utah decision

Sep 16, 2013

Two Utah politicians who normally support oil and gas development questioned a decision by the state's School and Institutional Trust Lands Administration to lease acreage it controls in the Book Cliffs area between Vernal and Moab.

Flow test confirms Italy Po Valley gas discovery

Sep 13, 2013

The Gradizza-1 gas discovery well on the La Prospera permit in Italy’s Po basin has flowed gas at rates of 175-250 Mcfd, which one participant said affirms the viability of a number of analogous drillable prospects on the adjacent Ponte del Diavolo permit.

Noble Energy makes deepwater gulf gas discovery

Sep 11, 2013

A group led by Noble Energy Inc. reported making a natural gas discovery with its Troubadour prospect in the deepwater Gulf of Mexico.

BP makes gas discovery with Salamat well offshore Egypt

Sep 10, 2013

BP Egypt reported what it was calling a “significant gas discovery” with its deepwater Salamat exploration well in the East Nile Delta.

Lundin group to test Gohta oil find in Norwegian Barents

Sep 10, 2013

A unit of Lundin Petroleum AB, Stockholm, plans to drillstem test a Permian carbonate oil discovery in the Barents Sea offshore Norway.

Tethys Petroleum to accelerate Kazakh drilling program

Sep 9, 2013

Tethys Petroleum Ltd. said it will simultaneously drill two deep exploratory wells in the Ustyurt basin in Kazakhstan.

CNOOC, Oryx have discovery off Congo (Brazzaville)

Sep 9, 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.

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.

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