Two years after Valemon came on stream Statoil has made a new gas discovery on the field, called Valemon West. The discovery is estimated to contain between 20 and 50 million barrels of oil equivalent.
Gas Discovery Near North Sea Valemon Field
Statoil - 02 February 2017
ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.
ExxonMobil Announces New Oil Discoveries Offshore Guyana
ExxonMobil - 11 January 2017
Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).
Statoil To Increase Exploration Drilling In 2017
Statoil - 03 January 2017
Exxon Mobil Corporation (NYSE:XOM) today announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides Gas Field. Interest owners are ExxonMobil (42.5 percent), Oil Search Limited (37.5 percent) and Barracuda Limited, a subsidiary of Santos Limited (20 percent, subject to regulatory approval), with Oil Search as operator.
ExxonMobil Announces New Natural Gas Discovery Onshore Papua New Guinea
ExxonMobil - 27 December 2016
BP announced today that it has signed agreements with Kosmos Energy to acquire a 62% working interest, including operatorship, of Kosmos’ exploration blocks in Mauritania and a 32.49% effective working interest in Kosmos’ Senegal exploration blocks -- acreage which holds world-class deepwater gas discoveries and exploration prospectivity across both countries.
BP Agrees Deal With Kosmos Energy To Partner On World-Class Discoveries In Mauritania And Senegal And Cooperate On Future Exploration
BP - 18 December 2016
Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relation to cooperation on the joint exploration, development and production of the hydrocarbons at a license block in an offshore zone of the Russian Federation.
Rosneft Attracts A Consortium Of Japanese Companies To Undertake Joint Exploration In The Sea Of Japan
Rosneft - 15 December 2016
Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the country’s first competitive deep water bid round.
Total Awarded Exploration Blocks In Offshore Mexico
Total - 05 December 2016
Rosneft and BP announce the completion of the deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.
Rosneft And BP Complete The Creation Of A New Joint Venture To Develop Prospective Resources In East And West Siberia
Rosneft - 30 October 2016
Exxon Mobil Corporation (NYSE:XOM) today announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria.
ExxonMobil Announces Significant Oil Discovery Offshore Nigeria
ExxonMobil - 27 October 2016
BP has taken the decision not to progress its exploration drilling programme in the Great Australian Bight (GAB), offshore South Australia.
BP Decides Not To Proceed With Great Australian Bight Exploration
BP - 10 October 2016