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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

Tuesday, October 7, 2014

ConocoPhillips announces oil discovered offshore Senegal
ConocoPhillips (NYSE: COP) confirm that oil was discovered in the FAN-1 exploration well, located approximately 60 miles offshore Senegal. Further evaluation is required in order to determine commerciality. 'The preliminary results at FAN-1 are encouraging,' sa ...
Africa | Tuesday, October 7, 2014
FAN-1 exploration well discovers oil
Cairn Energy together with its joint venture partners is pleased to announce that the FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 metres (m) water depth and approximately 100 kilometres offshore in the Sangomar Deep block, h ...
Africa | Tuesday, October 7, 2014

Monday, October 6, 2014

Discovery of gas accumulation at Espírito Santo Basin
Petrobras announces the discovery of new gas accumulation at Espírito Santo Basin post-salt. The discovery took place during drilling of well 3-BRSA-1259-ESS (ANP nomenclature) / 3-ESS-222 (Petrobras nomenclature), informally known as Tanganika, at a water depth ...
South America | Monday, October 6, 2014

Thursday, October 2, 2014

Dry well near the Visund field in the North Sea - 34/7-36 S
Det norske oljeselskap ASA, operator of production licence 553, has concluded the drilling of wildcat well 34/7-36 S. The well was drilled about 10 kilometres west of the Visund field in the North Sea. The primary and secondary exploration targets for the well were to ...
West Europe | Thursday, October 2, 2014
Ophir Energy announces Kamba gas discovery
Ophir Energy plc announce the Kamba-1 discovery and an update on its drilling programme in Tanzania. Block 4: Kamba-1(& 1ST) gas discoveries The Kamba-1 well in Block 4 has resulted in gas discoveries of 1.03TCF in the Kamba and Fulusi prospects. BG operates the Block ...
Africa | Thursday, October 2, 2014

Monday, September 29, 2014

Rosneft discovers new hydrocarbon field in the Kara Sea
Rosneft successfully completed the drilling of the northernmost well in the world - the Universitetskaya-1 well in the Arctic. According to the results of the drilling Rosneft has made an oil discovery at the East-Prinovozemelskiy-1 license area. The drilling was comple ...
Russia FSU | Monday, September 29, 2014