More Oil Discoveries News

Senex, Beach JV makes oil discovery in Eromanga basin

Sep 12, 2014

A joint venture between Senex Energy Ltd. and Beach Energy Ltd. has made an oil discovery in its Martlet-1 wildcat in the Eromanga basin of South Australia.

Kuwait Energy makes oil discovery on Iraq’s Block 9

Sep 10, 2014

A consortium comprised of Kuwait Energy and Dragon Oil PLC has made an oil discovery on Block 9 in Northern Basra, Iraq.

WRI: Shale oil, gas face tight competition for water

Sep 8, 2014

Governments and businesses trying to develop tight oil and gas resources could face intense competition for water that would be used in hydraulic fracturing, the World Resources Institute said in a recent report.

Shell makes Utica gas discovery in Pennsylvania

Sep 3, 2014

Royal Dutch Shell PLC has made a natural gas discovery within the Utica shale in Tioga County, Pa.

AWE makes gas discovery with Senecio well in Western Australia

Sep 2, 2014

AWE Ltd., Sydney, has made what it is calling a significant gas reservoir discovery below the original target with its Senecio exploration well drilled in the onshore Perth basin of Western Australia.

CERI: Market access key to Canadian bitumen output

Sep 1, 2014

Outcomes in two areas of critical uncertainty can mean a difference in Canadian bitumen production in 2030 of 1.7-1.8 million b/d, according to a study published by the Canadian Energy Research Institute.

Declining costs enhance Duvernay shale economics

Sep 1, 2014

Alberta's Duvernay play is often characterized as Canada's Eagle Ford and is similarly seen as one of the most economically attractive plays in North America.

Shell makes another deepwater gas discovery offshore Malaysia with Marjoram-1

Aug 26, 2014

Royal Dutch Shell PLC has made another natural gas discovery on Block SK318 offshore Malaysia with the deepwater Marjoram-1 well, which was drilled in 800 m of water 180 km offshore.

New Keystone dawdling

Aug 25, 2014

New dawdling over the Keystone XL pipeline border crossing fails the US in so many ways that identifying the worst way should be difficult. But it's not.

Mancharee-1 well doesn’t find significant pay offshore Thailand

Aug 25, 2014

KrisEnergy Ltd., Singapore, reported it has concluded drilling an exploration well on Block G10/48 in the Gulf of Thailand, where the company is developing Wassana oil field.

Santos group makes gas-condensate find near Ichthys field offshore W. Australia

Aug 25, 2014

A group led by Santos Ltd. has made a gas and condensate discovery in the Lasseter-1/ST1 well drilled in the Browse basin offshore Western Australia.

Apache makes major oil discovery off Western Australia

Aug 18, 2014

Apache Corp. has made an oil discovery with its Phoenix South-1 well, drilled 110 miles north of Port Hedland in 435 ft of water in permit WA-435-P of Australia’s offshore Canning basin. The company estimates as much as 300 million bbl of oil could be in place.

Beach’s Balgowan-1 extends oil fairway in Cooper basin

Aug 14, 2014

Following recent discoveries in PEL 91, Beach Energy Ltd. reported an oil discovery in the Namur sandstone and McKinlay member at its Blagowan-1 exploration. The company confirmed an extension of the oil fairway to the northeast of its Stunsail-1 wildcat and Pennington-2 appraisal well on the western flank of the Cooper basin in South Australia.

Canada Briefs

Aug 13, 2014

Petrobras confirms extension of Jupiter oil discovery

Aug 13, 2014

Petroleo Brasileiro SA (Petrobras) reported that the 3-BRSA-1246-RJS well proved an extension of the Jupiter oil discovery on Block BM-S-24 in the presalt Santos basin.

Market Connection

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