Pemex Adds To Reserves With Two Oil Discoveries
Pemex CEO Emilio Lozoya said the discoveries were made during the second half of this year, adding 180 million barrels of oil equivalent (MMboe) to the company's proven, probable and possible reserves.
Statoil Finds Hydrocarbons Near North Sea’s Visund Field
The well encountered an hydrocarbon column of about 85 m in the Lunde formation, 40 m of which were of moderate to good reservoir quality, according to a news release.
Forging New Frontiers: Kosmos Scores Again Offshore Mauritania
Kosmos’ gas discovery comes as many of its peers cut back on exploration, especially in frontier areas, as the downturn marked by lower commodity prices and profits lingers.
Kosmos Makes Second Major Gas Discovery Offshore Mauritania
Based on preliminary analysis of drilling and wireline logging results, Marsouin-1 encountered at least 70 m (230 ft) of net gas pay in Upper and Lower Cenomanian intervals comprised of excellent quality reservoir sands.
Eni Makes Gas, Condensate Discovery Offshore Congo
The well, drilled in a water depth of 38 m (125 ft), encountered a major gas and condensates buildup in the presalt clastic geological sequence of lower Cretaceous age, crossing a hydrocarbon column of 240 m (787 ft), the release said.
Apache Hits North Sea Discoveries Exceeding 70 Million Barrels
Together, the Houston company estimates likely net recoverable reserves could increase to more than 70 MMboe from 50 MMboe.
Zohr Discovery To Make Egypt's LNG Importer Status Short-Lived
Egypt entered the LNG market with a burst of imports earlier this year, making it one of the world's top growth markets.
EnQuest Produces First Oil From New North Sea Field
The Alma/Galia field was first developed by a different operator under the name Argyll in the early 1990s
Genie Energy Confirms Hydrocarbon Discovery In Northern Israel
The company does not yet have sufficient evidence to determine whether this or any part of the resource can be technically or economically produced.
Range Hits Oil In Trinidad
Range announced that hydrocarbon sands and oil shows were encountered at the Upper Cruse channel sand complex during drilling of the well, with electric log interpretation confirming the presence of recoverable hydrocarbons with an estimated net pay of 48 ft.