Israeli Group Finds Signs Of Large East Mediterranean Gas Field
A group led by Isramco Negev and Modiin Energy said a resource report showed there could be an estimated total of 8.9 trillion cubic feet (Tcf) of natural gas at the Daniel East and West fields.
Roxi’s Well 143 Flows Oil In Kazakhstan
Roxi Petroleum’s Well 143 at its flagship asset BNG in Kazakhstan has flowed oil strongly since the start of 2016 and continues to flow well, the company said in a news release Jan. 13.
Additional Oil Discovery Puts Falklands Area In Spotlight
The recent find, which builds on the Isobel-1 oil discovery made in May 2015, adds to the commerciality of the area.
Sinopec Strikes Oil At Beibu Bay Test Well
Wei-4 well, southwest of China's coastal city of Beihai, tested a daily output of 1,264 tonnes of crude and 71,800 cm of natural gas at a first layer, Reuters said.
Cairn Energy Successfully Tests Senegal Production Well
The company said it had produced high-quality oil at a rate of around 8,000 barrels per day (bbl/d) from its SNE-2 well around 100 km (62 miles) off the coast of Senegal.
Lundin Norway Drills, Evaluates Ørnen Prospect Well
Exploration well 7130/4-1 is the first well drilled in PL708. It was drilled to 3,160 m total depth in 288 m of water by the Transocean Arctic semisubmersible drilling unit.
Tests Confirm High Productivity In Carcará Presalt
Estimates indicate that the well’s output potential could be as high as the most prolific wells of the Santos Basin’s presalt layer, with good quality 31 degree API oil. It is a single oil accumulation.
Study Points To Potential Hydrocarbon Bounty Offshore Newfoundland, Labrador
The resource assessment study, commissioned by Nalcor Energy to BeicipFranlab, indicates the potential for 12 Bbbl of oil and 3.2 Tcm (113 Tcf) of gas for just the 11 blocks that were offered in the 2015 licensing round.
Etom-2 Well Hits Oil In Kenya
Oil samples, sidewall cores and wire line logging all indicate the presence of high API oil in the best quality reservoir encountered in the South Lokichar Basin to date, Tullow said.
Report: More Countries Have Shale Potential
Chad, Kazakhstan, Oman and the United Arab Emirates are believed to have vast shale resources capable of boosting production and adding revenue. However, economics could stand in the way.