Exxon Mobil Corp., Hess Corp. and CNOOC Ltd. discovered 11 Bbbl of recoverable oil offshore Guyana.
Stabroek Block partners have recorded 30 major discoveries in the block, have two developments onstream and a third slated for startup in about a year.
Sinopec's discovery aligns with Chinese President Xi Jinping's call to boost domestic energy supply.
Neptune and its partners will consider developing the 35/6-3 S Ofelia well as a tieback to the Gjøa platform, located in the Norwegian North Sea, after a recent discovery.
APA Corp. reported a mixed bag of results from two exploration wells offshore Suriname where the Houston-based company and its foreign partners are looking to replicate the success seen across the maritime border in Guyana.
Operated by Eni, the Cronos-1 well encountered an important gas column in a carbonate reservoir sequence of properties ranging from fair to excellent, according to a company press release.
Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.
The deepwater gas discovery reported by Ecopetrol and Petrobras offshore Colombia confirms the importance of the Caribbean region and increases the possibility for developing a new E&P frontier off northern South America.
Partners Exxon Mobil and Hess reported two new discoveries offshore Guyana at the Seabob-1 and Kiru-Kiru-1 wells, adding to the discovered recoverable resource estimate for the prolific Stabroek Block.
Eni said the Rhourde Oulad Djemaa Ouest-1 discovery is part of the new exploration campaign which will include the drilling of five wells in the Berkine North onshore basin in Algera.