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Friday, October 24, 2014

New discovery in Espírito Santo Basin deep waters
Petrobras announces the discovery of a hydrocarbon accumulation in deep waters of the Espírito Santo Basin post-salt by drilling well 4-BRSA-1265-ESS (ANP nomenclature) /4-GLF-42-ESS (Petrobras nomenclature), known as Lontra, at a water depth of 1,319 meters. Th ...
South America | Friday, October 24, 2014
CNOOC Limited announces new discovery Jinzhou 23-2 in Bohai
CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-to-large new discovery Jinzhou 23-2 in Bohai. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters. The well ...
Asia Far East | Friday, October 24, 2014
Kuwait Energy announces discovery at Abu Sennan, Egypt
Kuwait Energy and their main partner, the Egyptian General Petroleum Corporation (EGPC), announced Wednesday that the operated exploration well ASA-1 st3 on the Abu Sennan license, onshore Egypt discovered hydrocarbons in the Abu Roash' E' and Abu Roash ' C& ...
Middle East | Friday, October 24, 2014
Horse Hill-1 discovers oil accumulation
Solo Oil announces that, following preliminary evaluation of the electric logs, the Horse Hill-1 well has discovered an oil accumulation in the conventional Upper Jurassic Portland Sandstone at a top reservoir depth of 1,791 feet TVDss. A preliminary most likely est ...
West Europe | Friday, October 24, 2014

Thursday, October 23, 2014

Chevron announces oil discovery in Deepwater U.S. Gulf of Mexico
Chevron Corporation (NYSE:CVX) announce a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 ...
North America | Thursday, October 23, 2014
GDF SUEZ and BP discover new Central North Sea field
GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (licence P1588) and BP operated block 30/1c (licence P363) was flow tested at a maximum rate of 5,350 barrels of ...
West Europe | Thursday, October 23, 2014

Wednesday, October 22, 2014

Shell announces Gabon deep-water gas discovery
Shell today announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, we ...
Africa | Wednesday, October 22, 2014

Tuesday, October 21, 2014

New oil resources proved in the Grane area
Statoil Petroleum AS, operator of production licence 169, is about to complete drilling of appraisal well 25/8-18 S. The 25/8-4 discovery was proven in 1992 by Norsk Hydro Produksjon AS. The reservoir is in the Heimdal formation from the Palaeocene Age. The discovery i ...
West Europe | Tuesday, October 21, 2014
Petro-Victory Energy encounters hydrocarbons at the Lapacho well
Petro-Victory Energy Corp. (TSXV:VRY) announce that the Lapacho well, located on the Pirity Block in Paraguay, has encountered hydrocarbons within the Icla Formation at a depth of 3,926 meters. Based on open hole logs run across the interval, these sandstones display av ...
South America | Tuesday, October 21, 2014

Monday, October 20, 2014

President Energy makes first ever oil discovery in the Paraguayan Chaco
President Energy announces an update on its Lapacho well, Pirity Concession, Paraguayan Chaco (President 64% operated interest) Highlights Lapacho well discovery President has made the first ever oil discovery in the Paraguayan Chaco Conventional light oil / conden ...
South America | Monday, October 20, 2014

Friday, October 17, 2014

GPK declares commerciality for the Shewashan light oil discovery in the Kurdistan Region of Iraq
GPK has declared the Shewashan light oil discovery commercial and is preparing the Field Development Plan (FDP) for submission to the MNR in accordance with the Khalakan PSC. Shewashan-1 produced light oil (45API) on test from reservoir zones in the Cretaceous Shiranis ...
Middle East | Friday, October 17, 2014

Wednesday, October 15, 2014

First production from Iracema discovery, offshore Brazil
BG Group (LSE: BG.L) today announced the early start of production from the Iracema area in block BM-S-11, one of the Group's and its partners' significant discoveries in the Santos Basin, offshore Brazil. The Cidade de Mangaratiba floating production, storage ...
South America | Wednesday, October 15, 2014

Tuesday, October 14, 2014

Lundin Petroleum finds oil and gas in the Alta well in PL609 in the Barents Sea
Lundin Petroleum AB (TSX:LUP)(OMX:LUPE), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 7220/11-1 on the Alta prospect in the Barents Sea has been successfully completed and has encountered ...
West Europe | Tuesday, October 14, 2014

Friday, October 10, 2014

Sputnik-1 well encounters non commercial hydrocarbon pay
Perenco announces that the Sputnik-1 well, targeting a pre-salt structure in Gabon's offshore Arouwe block, has encountered non commercial hydrocarbon pay in up to 300 metres of net sandstone reservoir. The Vantage Tungsten Explorer drill ship, drilled Sputnik-1 to ...
Africa | Friday, October 10, 2014

Wednesday, October 8, 2014

INPEX discovers oil deposits in Espírito Santo Basin, Brazil
INPEX CORPORATION announce it has discovered deposits of quality oil at a depth of approximately 3,550 m through appraisal drilling in the BM-ES-23 concession in the Espírito Santo Basin offshore Brazil. The oil deposits were confirmed through analysis of logging ...
South America | Wednesday, October 8, 2014
Valeura Energy annouces new discoveries in Turkey
Valeura Energy Inc. (TSX: VLE) announce three new discoveries in Turkey and to provide an operational update for the third quarter of 2014. "We are very excited to announce the successful results from a new conventional natural gas exploration program on our TBNG ...
Middle East | Wednesday, October 8, 2014