Exploration

Hydrocarbon Exploration Suriname: Perseverance Rewarded

Perseverance pays off; following two high-profile, high-cost dry holes drilled in Suriname, Apache hit their third consecutive major condensate-light oil discovery on Block 58.   Map showing location of the…

North Sea Hydrocarbon Discovery Offshore Norway

The international gas-weighted explorer Neptune continues to be successful in the North Sea, having recently reported a hydrocarbon discovery offshore Norway.   Map showing the location of the 34/4-15 Dugong…

Oil and Gas Exploration Challenges in South East Asia

South East Asian oil and gas explorers started 2020 with new licensing rounds and extensive exploration drilling and seismic programmes planned but the current economically challenging conditions created by Covid-19…

Australia: Offshore Wildcat Spuds

BP’s much-anticipated Ironbark-1 offshore wildcat was finally spudded at the end of October 2020 offshore the North West Shelf of Australia. Map showing the location of the Ironbark-1 well offshore…

Potential Impactful Hydrocarbon Discoveries West of Shetland

Underexplored West of Shetland has potential for big oil and gas discoveries in newly awarded UK licensing round. The recently concluded 32nd offshore licensing round in the United Kingdom has…

Hess Announces Oil Discovery at Redtail, Offshore Guyana

Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate…