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OMV has discovered gas and condensate in its HP/HT well located in the Norwegian Sea, the company reported on April 4.
The Timimoun production complex has a capacity at plateau of around 5 MMcf/d of natural gas, or around 30,000 boe/d, the French oil major says.
The company said it has increased the gross resource range for the discovery to between 40 million barrels of oil equivalent (MMboe) and 100 MMboe from the previous 30 MMboe to 80 MMboe, following the positive well results.
Recoverable resource from the discovery is expected to exceed 10 million barrels of light oil, which is at the high end of predrill estimates, Apache said in a news release March 23.
Drilled to a total depth of 1,304 m (4,278 ft), the well encountered 5.2 m (17 ft) of net conventional natural gas pay across two zones in the Guebbas and Hoot formations with an average porosity in the pay section of 33%.
ExxonMobil encountered about 20 m (65 ft) of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 5,597 m (18,363 ft) depth in 2,067 m (6,781 ft) of water. Drilling commenced Jan. 29.
Oil and gas were encountered in the deeper part of the Megiddo-Jezreel #1 well, Zion CEO Victor G. Carrillo said.
Further analysis was required to determine the range of gas volumes and define further exploration and appraisal operations, Eni said.
Shell Offshore Inc. said it has made one of its largest discoveries in the U.S. Gulf of Mexico (GoM), hitting more than 427 m (1,400 net ft) of oil-bearing pay in the Perdido area.
London-based BP said it had made one discovery in Block 29/4e in the central North Sea, named Capercaillie, and another in Block 206/9b west of Shetland, branded Achmelvich.
Total said Jan. 30 that it and operator Chevron had made a significant oil discovery at the Ballymore prospect in the deep offshore in the U.S. Gulf of Mexico, its largest discovery in the area.
Located on the Sebou permit, the well hit 5 m (16 ft) of net conventional natural gas pay in the Hoot Formation, with reservoir quality exceeding initial expectations, the company said.