More Oil Discoveries News

Petrobras tallies discoveries in Espirito Santo, Amazon basins

Apr 17, 2015

Petroleo Brasileiro SA (Petrobras) has made separate oil and gas discoveries in the Espirito Santo and Amazon basins.

Cairn-led JV moves on exploration, appraisal offshore Senegal

Apr 14, 2015

A joint venture led by Cairn Energy PLC has proposed a $150 million exploration and appraisal program offshore Senegal to begin later this year.

Statoil makes another gas discovery in Aasta Hansteen area

Apr 13, 2015

Statoil ASA and partners proved a 38-m gas column in the Nise formation via exploration well 6706/12-3 of the Roald Rygg prospect, encountering “very good” reservoir quality.

Statoil strikes oil in Gulf of Mexico’s Yeti prospect

Apr 9, 2015

Statoil ASA has made an oil discovery in the Miocene Yeti prospect of Walker Ridge Block 160 in the Gulf of Mexico.

Woodside finds gas near Pluto field offshore Western Australia

Apr 8, 2015

Woodside Petroleum Ltd. has made a natural gas discovery with its Pyxis-1 wildcat just 15 km from its Pluto field production facilities in WA-34-L offshore Western Australia.

JX Nippon-led group makes oil find offshore Malaysia

Apr 8, 2015

Santos Ltd., a recent member of the JX Nippon Oil & Gas Exploration-led group in deepwater Block R offshore Sabah, Malaysia, has reported an oil discovery in the permit with the drilling of the Bestari-1 wildcat.

New assessment for Central Nigeria's Bida basin highlights geological prospects

Apr 6, 2015

The Bida basin is the least studied of all Nigeria's inland frontier basins. To date, no exploratory wells have penetrated its sequences, and subsurface data are limited.

Strike extends Sea Lion play off Falklands

Apr 2, 2015

Premier Oil PLC will plug a discovery well on the Zebedee prospect after successfully testing a southward extension of its Sea Lion oil field under development north of the Falkland Islands.

Statoil makes eighth discovery off Tanzania

Mar 30, 2015

Statoil ASA has discovered an additional 1.0-1.8 tcf of natural gas in Block 2 off Tanzania bringing the total in-place volumes to about 22 tcf. The new Mdalasini discovery is in 2,296 m of water at the southernmost end of the block.

Financial reporting's elements

Mar 30, 2015

Oil and gas companies are currently preparing their 2014 yearend financial statements that will showcase their operating results to shareholders.

Santos participates in Malaysian oil find

Mar 26, 2015

The JX Nippon-led joint venture that includes Santos, Inpex, and Petronas has made an oil discovery with the Bestari-1 wildcat drilled offshore Sabah, Malaysia.

Alberta introduces oil sands environmental requirements

Mar 23, 2015

Alberta introduced new requirements to control tailings ponds and regulate water use from the Athabasca River as part of the Canadian province's efforts to reduce oil sands development impacts.

Political disputes, insecurity stymie Lebanese bid round

Mar 23, 2015

For a promising natural gas resource off Lebanon, the only reportable discoveries are of ways to defer exploration.

Gas discovery ups resource base for Aasta Hansteen development

Mar 18, 2015

Discovery well 6706/12-2, drilled by Transocean Ltd.’s Spitsbergen drilling rig for operator Statoil ASA, proved a 105-m gas column in the Nise formation of the Snefrid Nord prospect in the Norwegian Sea.

Santos, Drillsearch find more wet gas in west Cooper basin

Mar 17, 2015

Santos Ltd. and Drillsearch Energy Ltd. have discovered wet gas in their Kyanite-1 wildcat in permit PEL 513 in the western Cooper basin fairway in South Australia.

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