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Equinor Plans to Connect New Discovery to Asgard Development
Preliminary calculations indicate the discovery, wildcat well 6506/12-PB-3 H in production license 094, holds a recoverable 6.3-18.9 million oil-equivalent barrels.
6:39 AM EST | September 02, 2025
Shearwater to Undertake Ghana's 1st Deepwater Ocean Bottom Survey
'By delivering the first OBN project in Ghana and other surveys across this part of Africa, we are opening new geophysical frontiers', Shearwater CEO Irene Waage Basili said.
8:07 AM EST | September 01, 2025
PXGEO Wins Its First Seismic Acquisition Job in Malaysia
PXGEO bagged a two-year contract for seismic data acquisition offshore Malaysia.
7:00 AM EST | August 31, 2025
Namibia's Ambition to Become Oil Hotspot Tested by Wildcatter
It's still unclear how much oil Namibia has, and no discoveries have yet been declared commercial, though the government has estimated resources as high as 11 billion barrels.
4:00 PM EST | August 29, 2025
Daenerys Discovery Is a Game Changer for Talos
'This is the company's largest discovery to date in the GoA', Wood Mackenzie Upstream Senior Research Analyst Miles Sasser said.
9:59 AM EST | August 29, 2025
OKEA Discovers More Oil in Brage Field offshore Norway
The Talisker exploration well yielded preliminary estimated gross recoverable resources of 16-33 MMboe.
5:19 AM EST | August 27, 2025
Equinor Makes New Oil and Gas Discovery Near Troll Field
The discovery is estimated to hold recoverable resources of 0.6-6.9 million barrels of oil equivalent.
3:16 AM EST | August 27, 2025
Talos Encounters Oil at Walker Ridge in Gulf of America
Talos Energy Inc. said it encountered oil at the Daenerys exploration prospect.
8:00 AM EST | August 25, 2025
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Aker BP Declares Significant Discovery in Norway's Yggdrasil
'Omega Alfa is among the largest commercial discoveries in Norway in a decade'.
5:10 AM EST | August 21, 2025
DOI Sets Nearly 40 Oil and Gas Auctions in US Gulf, Cook Inlet through 2040
The first sale, involving the Gulf of America, is set for December.
10:00 AM EST | August 20, 2025
Chevron to Merge Hess Exploration Team With Its Own, Wirth Says
'We're going to bring their talent, their experience, their insights and blend it with ours', Chevron CEO Mike Wirth said.
9:56 AM EST | August 20, 2025
Permian, Vaca Muerta Drive 5B Barrels Increase in Global Recoverable Oil
'This net increase was driven primarily by the delineation of upside potential in Argentina's Vaca Muerta play and the Permian Delaware basin in Texas and New Mexico'.
2:49 AM EST | August 20, 2025
Buru Identifies New Prospect for Rafael Gas Project in Australia
'This is similar in size to the contingent resources assessed for the primary Rafael reservoir interval which currently forms the basis for the Rafael Gas Project'.
2:30 AM EST | August 15, 2025
Exxon Aims to Build on Guyana Success in Trinidad and Tobago
Exxon Mobil Corp. signed a deal to explore for oil and gas off the coast of Trinidad and Tobago.
5:00 PM EST | August 14, 2025
Top India Oil Explorer's Profit Falls
State-run Oil and Natural Gas Corp.'s quarterly profit declined.
10:00 AM EST | August 14, 2025
Tamboran Sets Record Beetaloo Basin IP90 Flow Rate
The SS-2H ST1 well achieved a record average 90-day initial production flow rate of 6.7 MMcfd.
5:24 AM EST | August 14, 2025
South African Court Revokes Approval for TotalEnergies Oil Block
The court ruled that TotalEnergies be allowed to reapply for the environmental authorization and conduct public participation in the process.
2:33 AM EST | August 14, 2025
Analyst Says 'Uncertainties Remain' at BP Bumerangue Find
Obo Idornigie, Welligence SVP, Energy Trends and Analysis, takes a look at BP's Bumerangue discovery.
7:08 AM EST | August 06, 2025
BP Makes Largest Discovery in 25 Years off Brazil
BP found an estimated 500-meter column of oil and gas at the Bumerangue block in the Santos basin.
3:34 AM EST | August 04, 2025
Carnarvon JV Completes Seismic Reprocessing Project in Bedout
'The quality and clarity of the merged dataset enables Carnarvon to confidently assist with finalizing our drilling target for the proposed 2026 drilling campaign'.
8:00 AM EST | August 02, 2025
United Oil Gets Environmental Permit for Asset Offshore Jamaica
The permit encompasses a range of non-invasive offshore surveys, including bathymetric, geotechnical, and environmental baseline studies.
9:00 AM EST | July 31, 2025
DOI Says $58MM Earned from New Mexico Quarterly Lease Sale
'This is the third highest value for highest bid/acre for a parcel for BLM'.
11:11 AM EST | July 28, 2025
Var Energi Makes Gas, Condensate Find Offshore Norway
'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said.
10:09 AM EST | July 23, 2025
CEP Makes 'Major' Oil Discovery offshore Poland
'If this discovery is ultimately confirmed, the Wolin East deposit could become the largest oil and associated natural gas field discovered in Poland to date'.
2:46 AM EST | July 22, 2025
What Is The Biggest Oil Discovery of All Time?
Rigzone talks to David Moseley, the Head of Europe Research at Welligence.
6:43 AM EST | July 18, 2025
Azule Energy Reports Gas Discovery Offshore Angola
The preliminary results and fluid samples indicate several reservoirs with good mobility, and initial assessments suggest that gas volumes on site may exceed 1 trillion cubic feet.
4:00 AM EST | July 17, 2025
CNOOC Marks Another Breakthrough in Buried Hills Exploration in SCS
CNOOC Ltd. declared another 'major breakthrough' in the exploration of buried hills in the South China Sea after drilling 3,362 meters deep in the Weizhou 10-5 South field.
2:47 AM EST | July 16, 2025
SS-2H IP60 Flow Rate Sets Beetaloo Basin Record
The Shenandoah South 2H sidetrack well achieved an average 60-day initial production flow rate of 6.8 million cubic feet per day.
3:16 AM EST | July 15, 2025
Equinor Finds Gas Near Castberg in Norwegian Barents Sea
Equinor and its partners made a gas discovery with preliminary estimates of 1.9-3.1 million boe in the Skred prospect on Norway's side of the Barents Sea.
6:35 AM EST | July 14, 2025
Hess Relinquishes Block 59 offshore Suriname after Failing to Find Partners
Hess decided to discontinue Block 59 exploration after failing to bring in new partners following Equinor and ExxonMobil's withdrawal.
5:31 AM EST | July 09, 2025
Valaris Secures New Works for Two of Its Drillships
'We've secured approximately $1.9 billion in new contract backlog so far this year'.
3:19 AM EST | July 08, 2025
Cyprus Announces New Gas Discovery in Block 10
Pegasus-1 is the second discovery by ExxonMobil and QatarEnergy in the Eastern Mediterranean block.
2:32 AM EST | July 08, 2025
Chevron, Total Vying in Libya's First Oil Tender Since 2011 War
Foreign firms stepping back into exploration would mark a watershed for the North African country.
5:00 PM EST | July 02, 2025
Who is the Upstream Industry's Most Admired Explorer?
Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey.
6:54 AM EST | June 30, 2025
Equinor Hits New Discovery in Johan Castberg
Equinor put preliminary estimates at 9-15 million barrels of oil.
4:14 AM EST | June 30, 2025
BOEM Proposes Lease Sale in Gulf
The Bureau of Ocean Energy Management announced 'the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America'.
10:26 AM EST | June 26, 2025
TotalEnergies, QatarEnergy Win Exploration License in Algeria
The Ahara license spans 14,900 square kilometers at the 'intersection of the prolific Berkine and Illizi Basins'.
7:40 AM EST | June 20, 2025
ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea
The Slagugle oil discovery holds an estimated 30.8 to 61.6 million barrels of oil equivalent.
2:30 AM EST | June 20, 2025
Petronas Gets New Block offshore Suriname
The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries.
7:53 AM EST | June 19, 2025
Equinor Offered Another CO2 Exploration License in Norwegian North Sea
EXL014 will be the fourteenth license to be awarded for CO2 storage on Norway's continental shelf.
5:32 AM EST | June 19, 2025
Lakes Blue Energy Secures Funding for Wombat-5 Drilling
The funding is subject to Lakes' reinstatement to trading on the Australian Securities Exchange.
2:34 AM EST | June 19, 2025
Equinor Wins New Exploration Block offshore Brazil
The S-M-1617 license is near an existing Equinor block, S-M-1378, 'an area with strong potential that we can leverage to reinforce our position in the Santos basin'.
4:22 AM EST | June 18, 2025
TotalEnergies Farms Into 40 Chevron Exploration Leases offshore US
TotalEnergies acquired a 25 percent stake in a Gulf of America exploration portfolio operated by Chevron.
10:46 AM EST | June 16, 2025
OMV Petrom, NewMed Energy to Drill Another Well in Bulgaria
NewMed Energy and OMV Petrom have agreed to drill another prospect in the Han Asparuh block on Bulgaria's side of the Black Sea, after approving their first as new partners in March.
9:02 AM EST | June 12, 2025
OKEA Discovers More Oil in Brage Field in Norwegian North Sea
OKEA made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the eastern flank of the already producing Brage field.
2:56 AM EST | May 30, 2025
Ecopetrol to Push Ahead Gas Drilling after Shell Exit
Ecopetrol plans to continue drilling for gas in Caribbean waters after partner Shell exited three offshore blocks, betting on growing domestic demand and potentially lucrative reserves.
2:30 AM EST | May 29, 2025
Saudi Arabia, Kuwait Announce 'Highly Significant' Oil Discovery
'The discovery is regarded as highly significant', a joint statement noted.
8:08 AM EST | May 27, 2025
Petronas Gets Two New PSCs offshore Indonesia
The Serpang PSC in East Java spans about 8,498 square kilometers (5,280.41 square miles) while the Binaiya PSC in Eastern Indonesia covers 8,484 square kilometers.
4:13 AM EST | May 26, 2025
DOI Says New USGS Study Finds 'Significant' Undiscovered Oil, Gas Resources
'This new USGS assessment underscores the role of American energy resources in strengthening our energy independence and driving economic development across the West', Secretary of the Interior Doug Burgum said.
4:44 AM EST | May 23, 2025
Inpex Secures More Exploration Acreage offshore Indonesia
Following the award, Inpex signed a PSC with the Indonesian upstream regulator SKK Migas, Petronas Energy Serpang and EO Serpang.
2:18 AM EST | May 23, 2025
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