IP 30 of 12.9 MMcf/d from Mancos shale – highest in 14 years: BP BP (ticker: BP) announced a discovery in New Mexico today, with strong results from a natural gas well in the Mancos Shale in the San Juan Basin. The NEBU 602 Com 1H well targets the Mancos Shale with a 10,000’ lateral in San Juan County, New
In its Payara reservoir, offshore of Guyana, ExxonMobil Corp. (ticker: XOM) discovered an additional accumulation of oil. The discovery increased ExxonMobil’s estimated oil in the Payara reservoir to 500 MMBOE, and the total estimated gross recoverable resource in the Stabroek Block to between 2.25 and 2.75 BBOE. Esso Exploration and Production Guyana Limited, an affiliate company of ExxonMobil, found 59
1.4 billion barrel discovery at 11,000 feet – en route to 14,000 Sierra Oil & Gas, Talos Energy and Premier Oil (ticker: PMO) have announced the discovery of a massive oil field in offshore Mexico, with more than 1 billion barrels of oil recoverable. According to the Financial Times, this is the fifth-largest oil discovery in the world in the
Trinidad, Senegal, Egypt efforts bear fruit BP (ticker: BP) announced highlights of its Q2 2017 exploration activities today, collecting the results of several different projects. Four discoveries representing 17+ Tcf of gas BP reports that it has made four gas discoveries so far in 2017. Two separate discoveries were made near Trinidad and Tobago. The Savannah exploration well was drilled
Headquartered in Calgary and with its main operations in Colombia, Gran Tierra Energy, Inc. (ticker: GTE) averaged 29,879 BOEPD in its first quarter of 2017. Q1 activity During its first quarter of 2017, Gran Tierra recompleted its Costayaco-2 well into the “A” Limestone. This marks the third well producing out of the “A” Limestone. The company also drilled its Costayaco-28,
Kosmos has drilled six successful exploration wells in the area – gas destined for LNG exports Kosmos Energy (ticker: KOS) announced today the discovery of a very large gas field in offshore Senegal, adding to the company’s Senegal/Mauritania assets. The Yakaar-1 well has encountered 148 feet of net pay in three pools, with a gross hydrocarbon column of just 394
Success in the Codell sandstone: Wyoming Geological Survey examines 119 producing Codell horizontal oil wells in Laramie County The Codell sandstone could be a formation that operators might begin to take seriously. A new report from the State of Wyoming Geological Survey (WSGS) looks at data from 119 horizontal wells owned by six operators that have produced oil from the Codell
Two formations hold 4 billion barrels of oil, 2 billion barrels of NGLs: USGS On April 13th, the U.S. Geological Survey ( USGS ) released what it calls “the largest continuous natural gas assessment it has yet conducted” – a new resource update for two southern U.S. gas plays: The Bossier and Haynesville formations of the onshore and State waters portion of the U.S. Gulf
Horseshoe-1: massive Alaska North Slope oil discovery Repsol (ticker: REP) and privately held Denver based Armstrong Energy LLC announced today the discovery of a massive oil field in Alaska, with an estimated 1.2 billion barrels of oil recoverable. This is the largest U.S. onshore conventional hydrocarbons discovery in the last 30 years, Repsol said in a press release. Drilled during
From EBR Norwegian oil and gas operator DNO has made oil discovery in the Peshkabir-2 well which is being drilled in the Kurdistan region of Iraq. Oil was discovered in the Cretaceous horizon in the Peshkabir field located in the Tawke license. The company said that the well flowed at a stable rate of 3,800 barrels of 28° API oil per
Manitok Energy Inc. (Ticker: MEI) announced initial production test results from the second horizontal well of its Q4 drilling program. The 13-33-022-25W4 horizontal well, in which Manitok has 100% working interest, in Carseland, targeted the Lithic Glauconitic (“LG”) zone and was completed with a multi-stage fracture stimulation. In the last 24 hours of the production test, and after flowing back
Manitok: New prospective zone to be tested during completion operations Manitok Energy Inc. (ticker: MEI) has announced the initial production test results from its first horizontal well of the fourth quarter drilling program. Initial production test of 674 BOEPD The 14-32-022-25W4 horizontal well (100% working interest) in Carseland, targeted the Lithic Glauconitic (“LG”) zone and was completed with a multi-stage fracture
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