More Oil Discoveries News

Illinois shale exploration remains in limbo as regulators consider draft fracing rules

Oct 17, 2014

Illinois is making progress toward a regulatory framework for hydraulic fracturing after the Illinois Department of Natural Resources (IDNR) released a second set of draft rules for the well stimulation process in late August.

Shewashan light oil discovery in Kurdistan declared commercial

Oct 17, 2014

Gas Plus Khalakan Ltd. (GPK) has declared commercial the Shewashan light oil discovery on the Khalakan block in the Kurdistan region of Iraq.

SM raises initial production rates in the Eagle Ford shale

Oct 16, 2014

An improved completion design that utilizes longer laterals and increased sand loadings is raising initial production (IP) rates for SM Energy Corp's Eagle Ford shale wells in Webb County, Tex.

DPE makes deep gas discovery offshore Dubai

Oct 14, 2014

Dubai Petroleum Establishment (DPE) reported that its T-02 deep gas exploration well has identified largely natural gas with no hydrogen sulfide content in the Pre Khuff formation in the Fateh field offshore Dubai. Drilled to 18,248 ft, T-02 is the deepest well in Dubai to date, DPE said.

Statoil makes another gas discovery off Tanzania

Oct 14, 2014

Statoil ASA reported its seventh discovery on Block 2 offshore Tanzania, with the Giligiliani-1 finding 1.2 tcf of gas in place.

Lundin makes oil, gas find with Alta well in Barents Sea

Oct 14, 2014

Lundin Norway AS has discovered oil and natural gas with the Alta exploratory well in the southern Barents Sea, according to the company and the Norwegian Petroleum Directorate.

Oil & Gas UK report calls for greater collaboration offshore

Oct 13, 2014

The assurance of long-term future success for the UK's offshore oil and gas industry will depend largely on greater collaboration among industry and government participants, according to Oil & Gas UK's Economic Report 2014, released Sept. 30.

Statoil finds gas northeast of Johan Castberg in Barents Sea

Oct 10, 2014

The Norwegian Petroleum Directorate reported Statoil Petroleum AS made a natural gas discovery in the Barents Sea about 40 km northeast of the Johan Castberg oil discovery.

Perenco declares Sputnik-1 well off Gabon noncommercial

Oct 10, 2014

Perenco SA has encountered noncommercial hydrocarbon pay in up to 300 m of net sandstone reservoir via the Sputnik-1 well while targeting a presalt structure on Arouwe block offshore Gabon.

Inpex reports early results from appraisal well off Brazil

Oct 8, 2014

Inpex Corp. reported early results from an appraisal well drilled in the Espirito Santo basin offshore Brazil.

 

Petrobras finds gas accumulation in Espirito Santo basin

Oct 6, 2014

Petroleo Brasileiro SA (Petrobras) has discovered a natural gas accumulation in the post-salt Espirito Santo basin, 72 km offshore Brazil’s Espirito Santo state.

Tight oil prompts new plan for atmospheric distillation heater

Oct 6, 2014

Distillation unit atmospheric heaters serve a vital role in crude oil processing. Any issues directly related to reduced capacity of a heater, such as elevated tube-skin temperatures (TSTs) and coking rates, require immediate attention.

Another UK response

Oct 6, 2014

The British government proved its responsiveness in the weeks before Scotland's Sept. 18 vote on independence.

IHS: Unconventional supply chain industries support growing number of jobs, revenues

Oct 6, 2014

A diverse group of industries supporting unconventional oil and gas producers has reaped a large portion of the economic rewards from development of these previously untapped resources, highlights an IHS study released Sept. 23.

RJD revitalizes mature Kansas oilfield

Oct 6, 2014

The benefits of horizontal drilling are not limited to previously undeveloped fields or by lithography.

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