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Exploration

 

Statoil announces minor oil discovery

Statoil Petroleum AS, operator of production licence 035, is in the process of concluding the drilling of wildcat well 30/11-12 S and appraisal well 30/11-12 A.

 
 

President Energy releases drilling update

President's current normalised production from its Puesto Guardian Concession is running at a daily rate of over 500 bpd with a new workover programme underway.

 
 

KRI oil exports payment from Tawke field

Genel Energy plc has announced from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a payment of US$16 million from the Kurdistan Regional Government.

 
 

BP begins major Gulf of Mexico project

BP has started up a major water injection project at its Thunder Horse platform, extending the production life of one of the biggest deepwater fields in the US Gulf of Mexico.

 
 
 
 
 

Why oil discoveries are in decline

Richmond Energy Partners' ‘State of Exploration’ sheds light on the decline in global exploration drilling.