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BPZ Energy announces gas discovery at onshore Block XXIII
BPZ Energy (NYSE: BPZ) (BVL: BPZ) provided an operations update regarding the 2014 exploration campaign at onshore Block XXIII. Onshore Block XXIII (100% BPZ; 200,000 acres) Three onshore shallow exploration wells, ranging in depth from 3,500 to 3,800 feet, have been ...
North America | Friday, October 31, 2014

Thursday, October 30, 2014

New significant oil discovery in the offshore of Congo
Eni preliminary estimates the potential of Minsala Marine discovery in about 1 billion barrels of oil equivalent in place, of which 80% oil. Eni has made a new important oil discovery in the Minsala Marine exploration prospect located in the Marine XII Block offshore C ...
Africa | Thursday, October 30, 2014

Tuesday, October 28, 2014

Cap Energy - Oil discovered offshore Senegal
The discovery of oil in Cairn Energy’s FAN-1 well offshore Senegal has confirmed a proven hydrocarbon system in the basin and should boost the prospectivity of Cap Energy’s assets in the adjacent Djiffere block. However, the second well in Cairn’s camp ...
Africa | Tuesday, October 28, 2014
Ecopetrol announces hydrocarbon discovery in the Gulf of Mexico
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports the discovery of hydrocarbons in the Leon exploratory well located deepwater in the Gulf of Mexico (USA), operated by Repsol USA (60%), in partnership with Ecopetrol America Inc. (40%). The well is located 219 ...
North America | Tuesday, October 28, 2014
First Libra well confirms oil discovery
The Libra consortium announces that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil in the northwest portion of the structure. The well, informally known as NW1, is located i ...
South America | Tuesday, October 28, 2014

Monday, October 27, 2014

Lundin Petroleum AB: Gobi-1 Exploration Well, offshore Natuna Sea, Indonesia has been completed as a dry hole
Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) announces that the exploration drilling of the Gobi prospect in the Gurita PSC, Natuna Sea, Indonesia has been completed. Gobi-1 wildcat exploration well was drilled to a final depth of 2,373 meters below mean sea level (MSL) usi ...
Asia Far East | Monday, October 27, 2014
Lundin Petroleum spuds Kitabu Exploration Well in Malaysia
Lundin Petroleum AB (Lundin Petroleum) (TSX:LUP)(OMX:LUPE) is pleased to announce that it has spud the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The Kitabu prospect is a stratigraphic trap located four kilometres to the north of the Shell- ...
Asia Far East | Monday, October 27, 2014

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