Exploration

The oilfield was discovered in the Lubuskie region next to the existing Rzeczyca field which holds 100 000 metric t of oil, says Reuters.

Testing of the well yielded an absolute open flow natural gas production rate of 430 000 m³/d.

Invictus Energy has provided an update on activities at its 80% owned and operated Cabora Bassa Project in Zimbabwe.

Combination of Cesium plus iTwin offers developers the most comprehensive digital platform for the built and natural environment.

DNO ASA has announced the completion of the acquisition of stakes in five oil and gas fields, including an operatorship, in the Norne area in the Norwegian Sea from Vår Energi ASA.

INPEX CORPORATION has announced that its subsidiary INPEX Browse E&P Pty Ltd (INPEX Browse) was awarded an exploration permit over release area AC22-1, now named AC/P71 (the Block) in Australia’s 2022 offshore petroleum exploration acreage release. INPEX Browse will be Operator and hold 100% working interest in the title.

DNO ASA, has announced a gas condensate discovery on the Cuvette prospect in the Norwegian North Sea licenses PL248F and PL248GS in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20% interest.

The company has been selected by Groupement Berkine to perform the seismic imaging of a high-density onshore data set over blocks B404a and B208 of the Berkine Basin in Eastern Algeria.

Hibiscus Petroleum Berhad has announced that its wholly-owned subsidiary, Hibiscus Oil & Gas Malaysia as the operator of the PM3 commercial arrangement area production sharing contract, has successfully completed the drilling of the Bunga Aster-1 exploration well.

The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.

88 Energy has announced further successful flow test results from the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

VAALCO Energy has announced that it has entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB.

PETRONAS has been awarded production sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023).

The wells were drilled about 40 km south of Oseberg and 150 km west of Bergen. The drilling was conducted by the Deepsea Stavanger drilling rig.

The company has been awarded 13 exploration licences by the Norwegian Ministry of Energy in the 2023 Award in Predefined Areas (APA) – five licences as operator, and eight as partner.