| | | | | | Drilling at the Orca project offshore Brazil is expected to begin in April 2027. |
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| The wells collectively contributed a gross December production incremental of over 6,500 bo/d resulting in a gross 2025 exit production rate for the PNGF Sud field complex over 32,000 bo/d. |
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| | | | The company will conduct a 3D seismic survey to further assess the area’s exploration potential. |
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| | | | Perro Negro 7 is designed to operate in waters up to 114 m deep and drill wells up to 9,100 m. |
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| | | Vickery Energy Partners LLC, Fort Worth, Tex., acquired assets primarily in Wetzel, Tyler, Harrison, and Doddridge counties, WV, from Tribune Resources LLC. The assets span about 38,000 net acres with more than 200 MMcfd equivalent net production in both the wet and dry windows of the Marcellus shale. |
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| | | Equinor started production from Bacalhau field in the Santos basin presalt offshore Brazil. The field has more than 1 billion boe recoverable reserves and is the largest international offshore field ever developed by Equinor. Bacalhau lies 185 km from the coast of the municipality of Ilhabela, in the state of São Paulo, at a water depth of 2... |
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| | | | Sponsored | | This guide condenses two decades of research into a practical, petroleum engineer–focused approach to geological CO₂ storage (GCS) modeling. It bridges theory and real-world application, integrating CO₂ injection into reservoir workflows. Featuring Excel-based tutorials, quizzes, and examples, it’s ideal for mastering CO₂ storage for CCS, EOR, or transitioning from oil and gas to carbon storage. |
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| | | YPF reached record shale-oil production of 170,000 b/d in this year’s third quarter, a 43% increase from the same period last year, and is on track to meet its yearend production target ahead of schedule after passing the 190,000 b/d mark in October. Through transformation of the company’s portfolio toward Vaca Muerta, shale now accounts... |
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| | | ConocoPhillips Australia has discovered natural gas in Otway basin exploration permit VIC/P79 offshore southeast Australia. The operator will conduct further work at the well (Essington-1) to determine potential flow rates, the reservoir’s ultimate resource recovery, and the commercial viability for potential development plans, the company... |
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| Previous resource potential was estimated at 170–430 MMboe, but this new shallow reservoir appraisal will add to this range. |
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| The SARB Deep Gas Development project lies 120 km from shore and comprises a new offshore platform with four gas production wells which connect to Das Island, where gas will be tied into ADNOC Gas infrastructure for upstream treatment. |
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