More Oil Discoveries News

Falkland Oil & Gas sees low-permeability gas at Scotia

Dec 24, 2012

Falkland Oil & Gas Ltd. said its Scotia well in the South and East Falklands basin has proven a working hydrocarbon system in the mid-Cretaceous Fan play and demonstrated that Scotia is a viable stratigraphic trap.

Statoil proves Lavani, finds Cretaceous gas off Tanzania

Dec 22, 2012

Statoil ASA said its Lavani-2 well offshore southern Tanzania penetrated a Cretaceous gas reservoir that is the third discovery on Block 2 and confirmed the Paleogene gas reservoir found at Lavani-1.

Petrobras tests Guando SW oil discovery in Colombia

Dec 19, 2012

Petroleo Brasileiro SA said its Colombian subsidiary has tested a discovery in the Upper Magdalena Valley at the rate of 500 b/d of 23.9° gravity oil.

Sterling has multizone Romania Black Sea gas find

Dec 14, 2012

Sterling Resources Ltd., Calgary, said its Midia Resources SRL subsidiary discovered natural gas in two formations and shows in a third at its Eugenia-1 exploratory well on the Pelican block in the Black Sea offshore Romania.

Hess finds oil with deepwater Pecan well offshore Ghana

Dec 12, 2012

Hess Corp. reported the Pecan-1 exploratory well offshore Ghana found an estimated 245 net ft of oil pay in two separate Turonian intervals.

HRT discovery is southern extension of Solimoes gas

Dec 6, 2012

HRT Participacoes em Petroleo SA discovered hydrocarbons farther south than previously known in Brazil’s Solimoes basin at the 1-HRT-10-AM well on the SOL-T-192 block.

Drillsearch-Beach JV finds more oil in Eromanga basin

Dec 5, 2012

A Drillsearch Energy Ltd.-operated joint venture with Beach Energy Ltd. has encountered multiple oil zones in its Pennington-1 wildcat in the Eromanga basin of South Australian permit PEL91.

North Platte is giant Lower Tertiary gulf oil discovery

Dec 5, 2012

Cobalt International Energy Inc. has made a Lower Tertiary Wilcox oil discovery in the southeastern part of the Garden Banks planning area in the deepwater Gulf of Mexico.

Fourth Sergipe-Alagoas ultradeepwater well finds oil

Dec 5, 2012

Petroleo Brasileiro SA (Petrobras) has discovered oil at a fourth 2012 ultradeepwater discovery in the Sergipe-Alagoas basin offshore Brazil in an area more than 900 miles northeast of most of the company’s presalt discoveries in the Santos basin.

Wintershall sees upside in Dutch North Sea oil discovery

Dec 4, 2012

Wintershall AG will appraise an oil discovery in 2013 in the Dutch North Sea to which it attributes “a potential of at least 30 million bbl recoverable oil with a more than significant upside.”

 

Total group sees more prospects near North Sea oil find

Dec 3, 2012

A group led by Total E&P Norge has made a discovery in the North Sea offshore Norway judged to contain 25 million to 75 million bbl of recoverable oil, plans to drill a second exploratory well nearby, and is evaluating other nearby prospects.

 

Continental sees big target in Three Forks benches

Dec 3, 2012

The Bakken-Three Forks play in the Williston basin contained an estimated 903 billion bbl of original oil in place or 57% more than in 2010 when Continental Resources Inc. estimated that the entire field would eventually yield 20 billion bbl of oil and 4 billion boe of natural gas, the company said.

North American oil and gas—1: Missing the boom

Dec 3, 2012

The International Energy Agency, in its much-discussed World Energy Outlook 2012 (WEO 2012), said North America would become a net exporter of oil around 2030.

Cooper basin well cuts thick unconventional gas pay

Nov 29, 2012

Senex Energy Ltd., Brisbane, said its Kingston Rule-1 unconventional gas exploratory well in Australia’s southern Cooper basin encountered 53 m of net gas pay in tight sands and 170 m of shale and coal in various formations in the Early Permian section.

Petronas Sarawak gas find sets company depth mark

Nov 28, 2012

Malaysia’s Petronas has made two sizable gas discoveries offshore Sarawak, one of which is the company’s deepest vertical well and its first completed high-pressure high-temperature well.

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