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What progress has been made and what happens next?
The latest discovery brings the estimated gross recoverable resources for the Stabroek Block to between 2.25 Bboe and 2.75 Bboe, the company said.
When it comes to refracturing, “pioneers need to blaze a new trail,” according to one panelist at the DUG East technical roundtable session.
The government will launch round three for bids even though there has never been a discovery offshore Uruguay.
Solvents are playing a role in efforts to reduce greenhouse gas and lower the carbon intensity of oil sands crude oil in Canada.
Technology is helping boost production and lower costs for U.S. shale players, but analysts say rising volumes are pressuring oil prices.
Australian LNG exports are projected to grow in the 2017-2018 financial year.