Discovery Latest News

Tuesday, April 21, 2015

Kea Petroleum ready to drill The Shannon Prospect

Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, makes the following announcement by way of an update to the previously announced strategic review. We have referred in recent announcements to our relatively new Shannon prospect in New Zeala ...
Australasia | Tuesday, April 21, 2015

Monday, April 20, 2015

Petrobras announces new Amazon Basin discovery

Petrobras has discovered a new oil and gas accumulation in the Amazon Basin, Block AM-T-84. The discovery was made while drilling well 1-BRSA-1293-AM (ANP nomenclature), informally known as Jusante do Anebá. Well drilling reached the total depth of 2,040 meters. ...
South America | Monday, April 20, 2015

Repsol announces new gas discovery in Algeria

Repsol has made its third gas discovery in the Illizi basin, in the southeast of Algeria. The discovery in Tan Emellel Sud-Ouest-2 (TESO-2) exploration well in the Sud-Est Illizi block is the continuation of an already very successful exploration campaign in the high-po ...
North Africa | Monday, April 20, 2015

Karoon Gas Australia announces confirmed 213 metre oil column at Echidna-1, testing to commence immediately

Karoon Gas Australia Ltd announces that a 213 metre gross oil column has been confirmed in the Echidna-1 exploration well from wireline pressure data across the Paleocene and Maastrichtian aged reservoir intervals. Physical oil samples recovered measure a 39.5 degree AP ...
South America | Monday, April 20, 2015

Monday, April 13, 2015

Statoil announces another gas dicovery in the Aasta Hansteen area

Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. 'Statoil has completed a targeted two-well exploration programme arou ...
West Europe | Monday, April 13, 2015

Friday, April 10, 2015

Oil price, Faroe, Trinity, EnQuest And finally...

Oil price Yesterday the oil price staged a modest rally, it would have been better if it hadn't been for a sharp fall at the death. Influences on the market came mainly from Iran where both the Supreme Leader and the President made it clear that nothing less than a ful ...
West Europe | Friday, April 10, 2015

Royale completes Nugget well with 1108mcf per day

Royale Energy, Inc. (Nasdaq:ROYL) announced that the Nugget well discovered five natural gas filled formations on March 21, 2015. On April 8th, one of the zones was perforated and tested with a stabilized rate of 1,108 Mcf per day on a 12/64th's choke. The additional ...
North America | Friday, April 10, 2015

Faroe Petroleum announces minor discovery at Skirne East exploration well

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the results of the Skirne East exploration well (Faroe 20%) in Norway. Highlights: The Total E& ...
West Europe | Friday, April 10, 2015

Thursday, April 9, 2015

Statoil makes oil discovery in Gulf of Mexico

Statoil announced today that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico. 'The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,' says Jez Averty, Statoil's senior vice pres ...
North America | Thursday, April 9, 2015

Wednesday, April 8, 2015

Woodside Petroleum announces gas discovery at Pyxis-1

Woodside advises that the Pyxis-1 exploration well in production licence WA-34-L has intersected approximately 18.5 metres of net gas within the Jurassic sandstone target. The well reached a total depth of 3347 metres. Wireline logging has confirmed the discovery throu ...
Australasia | Wednesday, April 8, 2015

Monday, April 6, 2015

Niko announces independent resources evaluation of MJ Discovery in the D6 Block in Indiar

Niko Resources Ltd. (TSX:NKO) is pleased to announce that the Company has received an independent resources evaluation report for the MJ Discovery in the D6 Block in India from Deloitte LLP ('Deloitte'), an independent petroleum engineering firm. The evaluation has been ...
Asia Far East | Monday, April 6, 2015

Alvopetro announces initial test of 197(2) Well with flow rate of 101,000 m3/d (3.6 MMcfpd)

In December 2014, our 197(2) well located on Block 197 in the Recôncavo basin in the State of Bahia, Brazil, reached a total depth of 1,669 metres, discovered natural gas, and was cased and cemented. Based on logs, the 197(2) well encountered 78 metres of continuo ...
South America | Monday, April 6, 2015

Thursday, April 2, 2015

Premier Oil announces oil and gas discovery at Zebedee, Falkland Islands

Premier is pleased to announce that the Zebedee well (14/15b-5) in PL004b (Premier 36 per cent equity) discovered 81 feet of net oil-bearing reservoir and 55 feet of net gas-bearing reservoir. The well penetrated multiple targets in the Cretaceous F2 and F3 formations ...
South America | Thursday, April 2, 2015

Monday, March 30, 2015

S.N.G.N. Romgaz provides update on two new natural gas discoveries in Suceava and Mures

Societatea Nationala de Gaze Naturale ROMGAZ SA completed this month the works for bringing into production test two new gas accumulations in the Moldavian Platform and in the Transylvanian Basin, nearby Frasin (Suceava County) and Cris (Mures County), respectively. Fr ...
East Europe | Monday, March 30, 2015

Statoil makes eighth discovery in Block 2, offshore Tanzania

Statoil today announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.0-1.8 trillion cubic feet (tcf*) of natural gas in place in the Mdalasini-1 well, brings the total of in-place ...
Africa | Monday, March 30, 2015

Wednesday, March 18, 2015

Statoil announces Snefrid Nord gas discovery, strengthens Aasta Hansteen field

Operator Statoil has together with PL218 partners made a gas discovery in the Snefrid Nord prospect in the Norwegian Sea. The discovery is an important contribution to the Aasta Hansteen field development project and Polarled pipeline utilisation. 'The Snefrid Nord dis ...
West Europe | Wednesday, March 18, 2015
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