The Al Amir SE 23 (AASE-23) development well in North West Gemsa in Egypt has encountered oil-bearing reservoir sections in the Kareem Rahmi and Shagar formations and will be completed as a producer in the Shagar, according to SDX Energy Inc.
Total said it will start drilling in the third quarter at the prospect located 150 km (93 miles) east of the Shetland Islands and near its Alwyn platform.
The latest find boosts Kosmos’ gross resource estimate for the Greater Tortue Complex to 17 trillion cubic feet, adding to the region’s potential.
A group led by Isramco Negev and Modiin Energy said a resource report showed there could be an estimated total of 8.9 trillion cubic feet (Tcf) of natural gas at the Daniel East and West fields.
The recent find, which builds on the Isobel-1 oil discovery made in May 2015, adds to the commerciality of the area.
Wei-4 well, southwest of China's coastal city of Beihai, tested a daily output of 1,264 tonnes of crude and 71,800 cm of natural gas at a first layer, Reuters said.
The Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin offshore area of Myanmar has hit a gross gas column of about 129 m (423 ft), Woodside said in a news release.
The company said it had produced high-quality oil at a rate of around 8,000 barrels per day (bbl/d) from its SNE-2 well around 100 km (62 miles) off the coast of Senegal.
The well, located south of the Edvard Grieg Field, encountered a gross oil column of 30 m in porous granitic basement, Lundin said in a news release.
Oil samples, sidewall cores and wire line logging all indicate the presence of high API oil in the best quality reservoir encountered in the South Lokichar Basin to date, Tullow said.
Encountering a 275-m thickness of moderate to good reservoir quality in the Brent group, the well proved light oil in the Tarbert and Oseberg formation with columns of 11 m and 3 m, respectively.
Pemex CEO Emilio Lozoya said the discoveries were made during the second half of this year, adding 180 million barrels of oil equivalent (MMboe) to the company's proven, probable and possible reserves.