Discovery Latest News

Tuesday, June 23, 2015

Tullow abandons Zumba exploration well

Tullow Oil plc announces that the Zumba exploration well (6507/11-11) in licence area PL 591 in the Norwegian Sea has not encountered hydrocarbons and will now be plugged and abandoned. The primary objective of the well was to prove hydrocarbons in the Upper Jurassic R ...
West Europe | Tuesday, June 23, 2015

Monday, June 15, 2015

Contango Oil and Gas announces discovery at Elliott #1H well

Contango Oil & Gas Company (NYSE MKT: MCF) announced today the discovery and successful completion of the Elliott #1H well (80% WI) in the Muddy Sandstone formation in Weston County, Wyoming (N. Cheyenne Prospect Area). The well tested at a maximum 24 hour rate of 907 B ...
North America | Monday, June 15, 2015

Thursday, June 11, 2015

Drillsearch announces new discovery at Moonanga South-1 in the Santos joint venture

The Wet Gas joint venture with Santos (Drillsearch 40%, Santos 60% and Operator) in the Western Wet Gas Fairway successfully drilled the eighth and final well of the FY2015 campaign, with Moonanga South-1 becoming the joint venture's seventh discovery of the financial y ...
Australasia | Thursday, June 11, 2015

Tuesday, June 9, 2015

Statoil announces third gas discovery in the Aasta Hansteen area in three months

Statoil and PL602 partners have made a gas discovery in the Gymir prospect. With three discoveries in a row, an important progress has been made in unlocking full potential of the Aasta Hansteen area. 'Our 2015 exploration campaign around Aasta Hansteen has proven an u ...
West Europe | Tuesday, June 9, 2015

Thursday, June 4, 2015

Mercator Petroleum announces first oil discovery

Mercator Ltd. announces that its subsidiary Mercator Petroleum Ltd. has made its first oil discovery. Crude oil flowed from its well, Jyoti-1, onto the surface in presence of the DGH representative. This discovery was from the very first well drilled by MPL. The same ha ...
Asia Far East | Thursday, June 4, 2015

Lundin Petroleum completes Morkel exploration well as an uncommercial oil discovery

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 33/2-2 S. The well investigated the hydrocarbon potential of the Morkel prospect in PL579, which is located 180 km w ...
West Europe | Thursday, June 4, 2015

Monday, June 1, 2015

LLOG Exploration announces discovery at Crown & Anchor

LLOG Exploration and its partners Ridgewood Energy and Stone Energy Corporation have drilled a successful exploration test at the Viosca Knoll 959 'Crown & Anchor' prospect. The initial exploratory well encountered greater than 50 feet of net oil bearing sand in a high- ...
North America | Monday, June 1, 2015

Thursday, May 28, 2015

Premier Oil announces Isobel Deep oil discovery

Premier is pleased to announce an oil discovery at the Isobel Deep exploration well 14/20-1 in the North Falkland Basin, approximately 30km south of the Sea Lion field. The Isobel Deep exploration well has been drilled to a depth of 8,289 feet reaching top reservoir on ...
South America | Thursday, May 28, 2015

Wednesday, May 27, 2015

CNOOC announces mid-sized discovery Liuhua 20-2 in the Eastern South China Sea

CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-sized discovery Liuhua 20-2 in the Eastern South China Sea. The Liuhua 20-2 structure is located in Northern Slope Belt of Baiyun Sag in the Pearl River Mouth Basin of the South Chin ...
Asia Far East | Wednesday, May 27, 2015

Tuesday, May 26, 2015

East West Petroleum announces completion of TAG-owned pipeline, New Zealand, increasing revenue from gas production

International oil and gas producer East West Petroleum Corp. (TSX VENTURE:EW) is pleased to announce that it has been informed by TAG Oil Ltd. (TSX:TAO), the operator of the Cheal East discovery site (TAG 70% / EW 30%) in the Taranaki Basin of New Zealand, that a pipeli ...
Australasia | Tuesday, May 26, 2015

Monday, May 25, 2015

Petronas achieves first oil from the Bukit Tua field in Indonesia

PETRONAS reached a significant milestone in its upstream operations in Indonesia with the first oil achieved from the Bukit Tua field on 17 May 2015. PETRONAS' General Manager and Country Chairman of Indonesia Operations, Hazli Sham Kassim said, 'We are proud that the ...
Asia Far East | Monday, May 25, 2015

Friday, May 22, 2015

Statoil drills dry wells north of the Hyme field in the Norwegian Sea

Statoil Petroleum AS, operator of production licence 348 C, is in the process of completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A. Both wells have been drilled about four kilometres north of the Hyme field in the southern part of the Norwegian Sea and 1 ...
West Europe | Friday, May 22, 2015

Thursday, May 21, 2015

ExxonMobil announces significant oil discovery offshore Guyana

Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered more than 2 ...
South America | Thursday, May 21, 2015

Empyrean Energy provide production update from its flagship Sugarloaf AMI Project

Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to provide a production update from its flagship Sugarloaf AMI Project ('Sugarloaf' or the 'Project') in th ...
North America | Thursday, May 21, 2015

Wednesday, May 20, 2015

Talisman drill dry well north of the Varg field

The well was drilled in the central part of the North Sea about six kilometres north of the Varg field and 220 kilometres southwest of Stavanger. The purpose of the well was to prove petroleum in Upper Jurassic reservoir rocks (the Ula and Sandnes formations) and in Mi ...
West Europe | Wednesday, May 20, 2015

Rose Petroleum announce positive Mancos Shale Core results

Rose Petroleum plc, the AIM-listed (AIM: ROSE) natural resources company, is pleased to provide a positive update on the core analysis results from the State 1-34 well taken within the Mancos Shale interval in the Uinta Basin acreage in Utah. Highlights Mancos core ana ...
North America | Wednesday, May 20, 2015
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