Velda
Addison
Hart Energy
Australia’s Quadrant, Carnarvon Hail ‘Incredible' Oil Find In Sector Ripe For M&A
Describing the find as “truly incredible,” junior joint venture partner Carnarvon said on Aug. 8 more oil had been found in the Dorado-1 well with the thickness of the oil column now measured at 132 m (433 ft). That was up from the 80 m (262 ft) indicated in a drilling update in July.
Israel’s Navitas Raises Estimate At Gulf Of Mexico Oil Field
The Yucatan field, which is located in deep waters about 175 miles south of Louisiana, contains an estimated 49 million barrels (MMbbl) of oil, up from a previous estimation of 15 MMbbl, the company said.
Spirit Energy Lifts Lower Resource Estimate For Norway Gas Field
Updated calculations now show a resource estimate of between 40 million and 90 million barrels of recoverable oil equivalents (MMboe) of gas and condensate, while the previous projection was for 23 million to 94 million barrels.
USGS Report Shows Oil, Gas Richness Of Eagle Ford
The assessment put the region among the top five largest continuous resources for oil and gas in the U.S.
Echo Energy Makes Gas Discovery Onshore Argentina
Echo Energy plc said May 18 it has successfully completed the drilling of the ELM-1004 exploration well at the company’s Fracción C asset, onshore Argentina and a gas discovery for the first well in its four well exploration campaign.
BW Offshore ‘Successfully’ Completes Appraisal Well Offshore Gabon
BW Offshore said May 14 that it has successfully drilled and completed the DTM-3 appraisal well located at the Tortue field, within the Dussafu license, offshore Gabon.
Taking A New Look At Frontier Exploration
New developments in geoscience and regional understanding can help reduce risk.
Frontera Hits More Pay At Taribani
Frontera Resources Corp. on April 19 announced the successful completion of drilling operations at the Dino-2 well, the second of the three-well drilling campaign at the company’s Taribani complex on Block 12 in Georgia.
Bahrain: Discovery Contains Estimated 80 Billion Barrels Of Tight Oil
Independent appraisals by U.S.-based oil consultants DeGolyer and MacNaughton and oilfield services company Halliburton had confirmed Bahrain’s find of “highly significant quantities of oil in place ... with tight oil amounting to at least 80 billion barrels, and deep gas reserves in the region of 10-20 trillion cubic feet,” Oil Minister Sheikh Mohammed bin Khalifa al-Khalifa said.
Talos Releases Initial Production From GoM’s Tornado II Well
Talos Energy is growing production at the Phoenix Field in the U.S. Gulf of Mexico’s Green Canyon area, with the Tornado II deepwater well flowing more than 12,350 barrels of oil equivalent per day (boe/d) during a two-week test in December 2017.