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India-headquartered Vedanta Ltd. said March 27 that its second exploration well in the Krishna-Godavari Basin’s KG-OSN-2009/3, offshore India, struck oil.
The Froskelår Main exploration well, drilled in production license 869, has a gross resource estimate of up to 130 million barrels of oil equivalent, according to Aker BP.
Eni said March 14 it has made a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km (31 miles) North of the Sinai peninsula.
Eni’s find is Angola's largest offshore discovery in years and may help Africa’s second-biggest crude producer avoid a steep decline in output due to the aging of its other fields.
IGAS has now completed this phase of data acquisition which included the recovery of approximately 150m of shale core and an extensive wireline logging program across the Millstone Grit, and Upper and Lower Bowland Shale.
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The well hit gas and condensate with the net pay thickness about 34 m, according to a news release.
Large quantities of gas have been discovered in the Red Sea, Saudi state news agency SPA quoted energy minister Khalid al-Falih as saying.
The well was drilled south of the main Pecan Field in the Deepwater Tano Cape Three Points Block.
The Telesto exploration well, well number 34/8-18 S in production license 120, was drilled from the Visund A platform in the Tampen area in the northern North Sea, the release said.