Discovery Latest News

Friday, January 23, 2015

Eni announces a new oil and gas discovery in the Western Desert of Egypt

Eni has announced a new discovery of oil and gas in the West Melehia deep exploration prospect, located in the Melehia licence, in the Western Desert of Egypt, 300 square kilometers west of Alexandria. The exploration well, which allowed the discovery of Melehia West D ...
Middle East | Friday, January 23, 2015

Tuesday, January 20, 2015

Noble Energy plug Madison exploration well

Noble Energy, Inc. (NYSE: NBL) today announced that the Madison exploration well in the Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter commercial hydrocarbons. Drilled to a total depth of 16,859 feet on Mississippi Canyon 4 ...
North America | Tuesday, January 20, 2015

Monday, January 19, 2015

Tangiers Petroleum identify large resource potential at Icewine

Tangiers Petroleum Limited (ASX:TPT, AIM TPET) is pleased to announce the findings of an Independent Report completed by DeGolyer and MacNaughton estimating substantial resource potential at its Project Icewine, located on the North Slope of Alaska. A summary of the rep ...
North America | Monday, January 19, 2015

Monday, January 12, 2015

Petroamerica announces oil discovery at Langur-1X well

Petroamerica Oil Corp. (TSX-V:PTA) announces that testing operations have established a stabilized test rate of 760 barrels of oil per day ("bopd") from the Langur-1X exploration well on the LLA19 Block in the Llanos Basin of Colombia. After being drilled to ...
South America | Monday, January 12, 2015

Austin strikes oil on sixth consecutive Eagle Ford well in Texas

Austin Exploration (ASX:AKK) today advised that its Seaducer #1H well at Burleson County, Texas has been drilled to a total depth of 16,022 feet, with a 6,934 foot lateral leg, and has recorded an initial daily production rate of 960 BOE per day with approximately 90% l ...
North America | Monday, January 12, 2015

Wednesday, January 7, 2015

New oil discovery on the Orange Field for Dome Energy

Dome Energy AB. (Ticker: DOME) provides an operational update on the ongoing drilling operations of the Gulf Lee Hager Fee 37 well (GLHF #37) on the Orange field, Texas. GLHF #37, spudded on the 24th of December, 2014, has reached a Total Depth (TD) of ~6,550ft. Utiliz ...
North America | Wednesday, January 7, 2015

Tuesday, January 6, 2015

Chevron announce significant oil discovery in the deepwater U.S. Gulf of Mexico

Chevron Corporation (NYSE:CVX) today announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron's second discovery in the deepwater Gulf in less than a year. 'The Anchor discovery, along with the previou ...
North America | Tuesday, January 6, 2015

Oil price, Plexus Holdings, Gulfsands and finally...

Oil price Forget the prices above which are last nights close in the US, forget even the modest rally that took place in the Far East this morning, as I write WTI is trading at $48.72 and Brent at $51.41. Not only has WTI taken out the new big figure but Brent probably ...
West Europe | Tuesday, January 6, 2015

Kopervik exploration well abandoned as a dry hole

Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed the drilling of wildcat well 25/10-12S. The well investigated the hydrocarbon potential of the Kopervik prospect in PL625, which is located 175 km west of Haugesund on the Norwegian ...
West Europe | Tuesday, January 6, 2015

CNOOC Limited makes mid-to-large sized natural gas discovery.

CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) today announces that the Company has successfully made a new mid-to-large sized natural gas discovery Lingshui 25-1 on the independent deepwater exploration. The Lingshui 25-1 structure is located in the northeast of Led ...
Asia Far East | Tuesday, January 6, 2015

Tuesday, December 30, 2014

Breitling Energy has positive drilling results in New Wilcox Sands Project

Breitling Energy Corporation (OTCBB: BECC) recently announced participation in the New Wilcox Sands Project. The Company is participating in the Jackson Prospect with Frank Davis Exploration Company, a Mississippi-based exploration and production company ('FDEC' ...
North America | Tuesday, December 30, 2014

Monday, December 29, 2014

Lundin Petroleum announce first oil from the Brynhild Field, offshore Norway

The Brynhild field commenced production on 25 December 2014. The Brynhild field, located on PL148 in the Norwegian sector of the North Sea, is a subsea tie-back to the Pierce field, operated by Enterprise Oil Ltd (a subsidiary of Shell U.K. Limited), in the UK sector. ...
West Europe | Monday, December 29, 2014

President Energy update on Paraguayan drilling campaign

Light oil/condensate discovery confirmed at the shallower Icla Formation at Lapacho by logs and cores. However, a valid flow test was not possible due to bore hole annulus communications with overlying Pirgua formation Summary President's 2014 drilling campaign ma ...
South America | Monday, December 29, 2014

Dragon Oil make second oil discovery at 'Block 9', Iraq

Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, advises that Kuwait Energy, Dragon Oil's partner in Block 9, Iraq (Dragon Oil 30% interest), today issued the following update on the exploration well, Faihaa ...
Middle East | Monday, December 29, 2014

Sunday, December 28, 2014

Quattro increases oil production at Oak, B.C. and closes additional flow through placement

Quattro Exploration and Production Ltd. (TSX-V:QXP) is pleased to announce the completion and tie-in of the first of two light oil wells at Oak, BC. The conventional oil well was a re-entry and completion that tested at 125 boe/d (net) 75% oil, 25% gas to Quattro and is ...
North America | Sunday, December 28, 2014

Freeport-McMoRan announces successful production test in South Louisiana

Freeport-McMoRan Inc. (NYSE: FCX) announced today a successful production test from Freeport-McMoRan Oil & Gas's (FM O&G) Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend. The production test, which was performe ...
North America | Sunday, December 28, 2014
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