Exploration

TXO Partners has announced that the Mancos Shale play in the San Juan Basin of New Mexico and Colorado has a large potential for natural gas.

GeoPark Ltd has announced that Repsol’s partner in SierraCol Energy Arauca LLC has exercised its preemptive rights to acquire 25% of Repsol’s interest in Llanos Norte in Arauca Department, Colombia.

The API has voiced concerns over new restrictions on offshore oil and gas development.

Arrow Exploration Corp. has provided an update on the operational activity at the Alberta Llanos field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50% beneficial interest.

Equinor has made a discovery 17 km west of the Troll field in the North Sea. The discovery is currently estimated at 2 – 12 million boe.

DNO ASA, the Norwegian oil and gas operator, has announced an oil and gas discovery on the Ringand prospect in the Norwegian North Sea license PL923/923B in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20% interest.

Arrow Exploration Corp., an operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that it has reached target depth on the Alberta Llanos-1 well on the Tapir Block in the Llanos Basin of Colombia using the contracted Petroworks rig.

QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the Petroleum Exploration License and Petroleum Agreement for Block 2813B (PEL0090), offshore Namibia.

NOG capital commitment not expected to exceed US$160 million, for a 15% working interest at an average net revenue interest of 84% in the program.

CNOOC Ltd has announced that CNOOC Energy Holdings U.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into a Stock Purchase Agreement (SPA) with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc.

OGDC has announced that it has made a gas and condensate discovery in Samanasuk formation, an exploratory zone, at the Bettani-02 (Slant) well located in District Laki Marwat, Khyber Pakhtunkhwa Province.

TotalEnergies has announced that it has finalised the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream, an independent gas producer in Malaysia.

The well has reached Target Depth (TD) and the Company has run 5.5 in. production casing in anticipation of long-term testing commencing early 2025.

Sound Energy gas announced the completion of the sale of the share capital of Sound Energy Morocco East Ltd.

The Sirius-2 well lies inside the area of the maritime block GUA-OFF-0, 77 km off Santa Marta at a water depth of 803 m.