The Latest

Vår Energi Hits Oil with Ringhorne North

Vår Energi’s North Sea discovery de-risks drilling prospects in the area and could be tied back to Balder area infrastructure.

E&P Highlights: April 15, 2024

Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.

TGS Commences Multiclient 3D Seismic Project Offshore Malaysia

TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.

Less Heisenberg Uncertainty with Appraisal Wells

Equinor proves Heisenberg in the North Sea holds 25 MMboe to 56 MMboe, and studies are underway for a potential fast-track tieback development.

CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea

CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.

E&P Highlights: March 15, 2024

Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.

Orange Basin Serves Up More Light Oil

Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.

Eni Finds 2nd Largest Discovery Offshore Côte d’Ivoire

Deepwater Calao Field’s potential resources are estimated at between 1 Bboe and 1.5 Bboe.

CNOOC Finds Light Crude at Kaiping South Field

The deepwater Kaiping South Field in the South China Sea holds at least 100 MMtons of oil equivalent.

Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest

Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.