MOL Group and SOCAR set key terms for onshore exploration in Azerbaijan
MOL Group and SOCAR have agreed on key terms for an onshore exploration opportunity in Azerbaijan.
Exploration
Advertisement
US Department of the Interior releases assessment of undiscovered oil and gas resources in southwestern Wyoming
The US Department of the Interior has identified significant undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System.
Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 in Namibia
These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.
Petrobras announces oil discovery Santos Basin, offshore Brazil
Petrobras has announced that it has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block.
MOL Group and Turkish Petroleum join forces to explore hydrocarbons in Hungary
Granted rights for joint hydrocarbon exploration in two Hungarian concession areas, Tamási and Buzsák.
BW Energy announces substantial oil discovery at Bourdon field offshore Gabon
Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.
Crescent Energy completes accretive sale of non-operated Permian Basin assets
Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).
More Exploration news
CSA designs custom-built mobile science lab for Chevron Mediterranean Limited
CSA Ocean Sciences Inc. (CSA) has completed a consultancy project for Chevron Mediterranean Limited (CML).
Sarens eyes Malaysia as key site for upstream and pipelines
Malaysia emerges as a key site for marine and engineering bidding with the deployment of 39 different projects over the next three years.
Wood to support Petroleum Development Oman’s future project portfolio
Three year contract to provide specialist technical support to Petroleum Development Oman (PDO).
CNOOC announces major oilfield discovery Huizhou 19-6
CNOOC Ltd has announced a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million t of oil equivalent in-place.
DNO announces North Sea oil and gas discovery
DNO ASA, the Norwegian oil and gas operator, has announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40% operated interest.
Horizon Oil: interest acquisition of 7.5% of Sinphuhorm and 60% of Nam Phong producing gas fields, onshore Thailand
The acquisition is proposed through a consortium, with Horizon to acquire 75% of the shares in Exxon Mobil Exploration and Production Khorat Inc. with Matahio Energy acquiring the residual 25% and agreeing to manage EMEPKI employees and operatorship of the Nam Phong field on behalf of the consortium.
Petrobras reports results of exploratory well in Campos Basin pre-salt
Petrobras informs that it has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.
Petrobras reports results of exploratory well in Santos Basin
Petrobras has announced that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block.