Norma, Velocette wells to be further evaluated by the DNO and OMV.
Tim Leach, former head of Concho Resources, said the industry’s drive for innovation means “somebody's using a technique that no one's ever tried before” that will improve oil recovery rates.
The North Sea discovery could open a deep turbiditic sands play, DNO says.
Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
TotalEnergies and APA Corp. have launched development studies offshore Suriname in Block 58 and eye the start of detailed engineering studies by end 2023 and a $9 billion FID by year-end 2024.
Guyana’s gas-to-energy project is on track to start-up in 2024, according to details revealed by the South American country’s government.
Tamboran Resources’ Shenandoah South 1H well in northern Australia’s Beetaloo Basin is expected to be completed this fall.
With its Deep Earth Project, Sinopec says it has located 30.55 Bcm of reserves in the Bazhong gas field.
The new oil discovery is near the GNN oil field in the Gulf of Suez.
Equinor's latest find is close to existing infrastructure in the Norwegian sector of the North Sea.