Monday, December 23, 2024

Net Oil Pay News

Equinor Finds Oil at Monument Prospect in U.S. Gulf of Mexico

Pacific Khamsin drillship - Image credit: Equinor

Norwegian oil firm Equinor, with partners Progress Resources and Repsol, has made an oil discovery in the Monument exploration well in the US Gulf of Mexico.The Monument…

W&T Strikes Oil in US Gulf of Mexico

Oil and natural gas producer W&T Offshore has discovered oil at the Gladden Deep prospect in Mississippi Canyon block 800 in the deepwater Gulf of Mexico.W&T is operator of the well…

Repsol, LLOG to Partner on Deepwater US Gulf Developments

The U.S.-based exploration and production company LLOG Exploration Offshore and  Spanish oil company Repsol announced the signing of an Asset Exchange and Joint Participation…

President Energy Strikes Oil in Argentina

UK-based oil and gas company President Energy President Energy has encountered oil in the third and final well of its current drill programme at the Puesto Flores concession…

Eni Makes New Oil Find Offshore Angola

(Photo: Eni)

Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.The discovery, estimated to contain between…

Pan Orient Energy Announces Thailand Oil Discovery

The oil and natural gas company Pan Orient Energy Corp announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within…

Tullow Reports Oil Discovery in Kenya

Tullow Oil plc announced that the Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55 metres with 25 metres of net oil pay at a depth of 700 metres.

Chevron Hits at Anchor Appraisal

Chevron Corporation today announced the successful appraisal of the Anchor discovery in the Lower Tertiary Wilcox Trend. “The positive results of our appraisal work…

Beach Energy Update on Cooper, Eromanga

A six‐well development campaign is underway in the Tirrawarra and Gooranie fields, located approximately 50 kilometres north of Moomba, targeting gas and gas liquids…

Premier Spuds Second Falklands Well

Premier reports that the Zebedee well (14/15b-5) in PL004b (Premier 36 per cent equity) discovered 81 feet of net oil-bearing reservoir and 55 feet of net gas-bearing reservoir.

Spain's Repsol Makes Oil Find in Gulf of Mexico

Spanish oil company Repsol said on Monday it had made a "significant" discovery of high quality oil in the U.S. Gulf of Mexico. "The well found more than 150 metres…

Roc Oil Reports Discovery Offshore China

Roc Oil (China) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX: ROC), advised drilling was completed on the first of two exploration wells in the Beibu Gulf Block 22/12.

Leni Gas & Oil Expects High Production Rates at Goudron

Leni Gas & Oil is confident of seeing excellent production rates from its new wells on the Goudron fields. Production from four recently drilled wells will shortly begin…

Tullow Oil Exploration and Appraisal Update in Kenya

Tullow Oil plc announces the successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. The Etom…

LGO Raises £7 million for Trinidad Investment

Leni Gas & Oil Plc (LGO) announced that the Company has raised £7 million before expenses, by way of a Company arranged placing of 200 million new ordinary shares ("the…

Leni Gas & Oil's Drilling Update On Goudron

Leni Gas & Oil (LGO) informed today that well GY-665, the second of 30 new development wells, has now intersected 687 feet of gross oil bearing sands in the Gros Morne formation…