| | | | | | Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period. |
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| The aim is to enable further development of the remaining resources in Block 15, Angola’s National Agency of Petroleum, Gas, and Biofuels (ANPG) said July 14. |
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| In separate transactions, the company agreed to acquire certain oil and gas assets from Sabinal Energy LLC and entities owning oil and gas assets managed by IKAV Energy Inc. |
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| | | The Ministry of Industries, Mines and Energy for the Republic of Namibia granted an extension to the second renewal exploration period, extending the current license period to July 2026. |
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| | The well, the eighth in the license, was drilled in 386 m of water about 4 km northwest of the 2021 34/6-5 S Garantiana West discovery. |
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| | Well 6606/4-1 S is the second exploration well drilled in the license. A gas discovery was made in the first well, 6605/6-1 S. |
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| | | | The suspension follows three explosions early in the morning, one involving a small storage tank and the other involving surface processing equipment. |
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| Block C lies offshore Brunei Darussalam and hosts the condensate-rich gas discovered fields of Merpati, Meragi, and Juragan. |
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| Exploration well WZ10-5S-2d was drilled to 3,362 TD in 37 m of water and encountered a 211 m oil and gas pay zone. |
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| | | Well S2-2H ST1 achieved the highest initial production flow rate in the Beetaloo basin to date. |
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| | The joint venture will continue to assess the full potential of the discovery and work with block partners to determine a development strategy. |
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| | Sponsored | | By recommending the use of oil benchmarks which reflect market fundamentals like ICE Midland WTI, the U.S. Energy Dominance Council could help defend U.S. reserve currency status. |
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