Fossil Energy – Philippines
The Philippines announced its first major natural gas discovery in over a decade at the Malampaya East-1 well.
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The Philippines announced its first major natural gas discovery in over a decade at the Malampaya East-1 well.
[Read more…] about First major natural gas discovery Philippines
Eni has made a gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau Production Sharing Contract (PSC) in the Kutei Basin, offshore Indonesia.
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Ithaca Energy from the UK has signed a farm-in agreement with Shell UK for a 50% working interest in licences P2629 and P2630, located in the West of Shetland basin, containing the Tobermory discovery.
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Staatsolie Maatschappij Suriname has approved the Commercial Field for the Sloanea-1 gas discovery in Block 52 offshore Suriname.
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Rhino Resources, in partnership with Azule Energy, NAMCOR NAMIBIA, and Korres Investments, has announced a rich gas-condensate discovery (~40° API) with the Volans-1X well in PEL 85.
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Equinor and partners have struck oil and gas in the Fram area, nine kilometres north of the Troll field in the North Sea.
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Shell has found ‘significantly better’ porosity and permeability properties at its Selene gas prospect in the North Sea, following the analysis of the data from the 2024 well, prompting partner Deltic Energy to raise its estimate of recoverable gas reserves by 33%.
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Equinor and its partners have proven gas and condensate in the Mistral Sør exploration well in the Halten area, situated in the southern part of the Norwegian Sea.
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Vår Energi ASA and its partners found gas in the Elgol prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
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Equinor has made a discovery 17 kilometres west of the Troll field in the North Sea. The discovery is currently estimated at between 2 and 12 million barrels of oil equivalent.
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