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.
VAALCO Brings Tchibala 2-H Well Online Offshore Gabon
The well was drilled to a measured depth of 16,476 ft and encountered good quality sands in the Dentale D-18/19 reservoir, according to a news release.
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.
Blue Energy Grows Bowen Basin Reserves
The company's 2P reserves for its ATP814P coal seam gas asset have jumped by 29 percent to about 2 Bcm (71 Bcf). Meanwhile 3P reserves have jumped by 49 percent to about 8 Bcm (284 Bcf).
Comet Ridge Upgrades Reserves At Queensland’s Mahalo
The projects 2P reserves have increased by 36 percent to 30 petajoules (28 Bcf) while 3P reserves now stand at 219 PJ, (208 Bcf) representing a 77 percent increase.
Shell Confirms Major Deepwater Discovery In GoM
Drilling and appraisal of Kaikias, the longest well ever drilled by Shell at a measured depth of 34,500 ft, were completed ahead of schedule and under budget allowing the company to achieve more than 20% in cost savings, Shell said in a news release.
Transerv Touts Potential Of Perth Basin's Warro Gas Field
Transerv said Nov. 19 the impressive results of the review highlighted the immense potential for Warro to become a major player in the state’s domestic gas market.