Presented by:
Editor's note: This article appears in the new E&P newsletter. Subscribe to the E&P newsletter here.
View more highlights at Hart Energy's Drilling Activity database.
1 Guyana
Exxon Mobil is underway at exploration well #1-Bulletwood in the Canje Block offshore Guyana. According to the company, Bulletwood is a 500-MMbbl oil prospect of Late Cretaceous Campanian age and is comparable to Exxon Mobil's Liza Field channel complex in the Stabroek Block. The well will evaluate Upper Cretaceous prospects in the Liza play fairway with some possible deeper reservoir targets. The Canje Block will be the first block offshore to test prospects on the basin floor, which have the potential to contain larger accumulations of recoverable hydrocarbons. Exxon Mobil is the operator and holds a 35% interest with partners with Total (35%), Mid-Atlantic Oil & Gas (12.5%) and Westwood Energy (7.2%).
2 Norway
Chrysaor Norge has been granted a drilling permit to drill wildcat well #15/12-25 in PL 973. The area in this license is part of Block 15/12, which is about 7 km northwest of Rev Field. Chrysaor Norge is the operator with an ownership interest of 50%, along with partners OKEA (30%) and Petoro (20%). This will be the first exploration well to be drilled in the license.
Recommended Reading
E&P Highlights: March 31, 2025
2025-03-31 - Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
CNOOC Starts Production at Two Offshore Projects
2025-03-17 - The Caofeidian 6-4 Oilfield and Wenchang 19-1 Oilfield Phase II projects by CNOOC Ltd. are expected to produce more than 20,000 bbl/d of crude combined.
CNOOC Makes Oil, Gas Discovery in Beibu Gulf Basin
2025-03-06 - CNOOC Ltd. said test results showed the well produces 13.2 MMcf/d and 800 bbl/d.
Oxy CEO: US Oil Production Likely to Peak Within Five Years
2025-03-11 - U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.
E&P Highlights: Jan. 27, 2025
2025-01-27 - Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.