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Offshore news

 
 
 
 
 
 
 
 

GeoPark announces new oilfield discovery in Argentina

The Rio Grande Oeste 1 exploration well was drilled and completed to a total depth of 5500 ft targeting the Grupo Neuquen formation, where 15 different potential reservoir sands were identified - at depths that range from 1800 - 5500 ft - with a potential net pay of 400 ft.

 

Zambia commissions first oil survey

Early-stage natural resources exploration marks milestone in Zambia’s diversification agenda as the nation moves towards becoming a middle-income country by 2030.