Galp Energia’s exploration consortium has started drilling the Agulha-2 appraisal well in Area 4 in the Rovuma Basin offshore East Africa’s Mozambique to appraise the earlier Agulha-1 gas discovery announced last year.
The find was made in Paleocene and Cretaceous horizons in the south of the area, and a further exploration well is now expected in the second quarter, with the potential for another additional well, to explore prospects identified in new 3-D seismic data, namely the Duongo-1 prospect (previously known as Querimbas East 1).
Recommended Reading
Report: Freeport LNG Hits Sixth Day of Dwindling Gas Consumption
2024-04-17 - With Freeport LNG operating at a fraction of its full capacity, natural gas futures have fallen following a short rally the week before.
Permian NatGas Hits 15-month Low as Negative Prices Linger
2024-04-16 - Prices at the Waha Hub in West Texas closed at negative $2.99/MMBtu on April 15, its lowest since December 2022.
BP Starts Oil Production at New Offshore Platform in Azerbaijan
2024-04-16 - Azeri Central East offshore platform is the seventh oil platform installed in the Azeri-Chirag-Gunashli field in the Caspian Sea.
Core Scientific to Expand its Texas Bitcoin Mining Center
2024-04-16 - Core Scientific said its Denton, Texas, data center currently operates 125 megawatts of bitcoin mining with total contracted power of approximately 300 MW.
Trans Mountain Pipeline Announces Delay for Technical Issues
2024-01-29 - The Canadian company says it is still working for a last listed in-service date by the end of 2Q 2024.