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APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
APA Corp. announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Baja-1 was…
Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are…
Petrobras Makes Oily Discovery at Campos Basin Wildcat Well
Petrobras reported that it has discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin in a wildcat well in the Alto…
APA Corp. Strikes Oil at Krabdagu-1 Exploration Well Offshore Suriname
APA Corp. announced an oil discovery at the Krabdagu-1 (KBD-1) exploration well. KBD-1 is located on Block 58 offshore Suriname, approximately 18 kilometers southeast of the Sapakara South-1…
Kosmos Strikes Oil at Winterfell Appraisal Well; 100 MMBO Gross Estimate
Kosmos Energy reported the completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The…
Africa - West Africa News
Chevron, Quantum prepare joint bid for Lukoil’s international assets
Chevron and private equity firm Quantum Energy Partners are preparing a joint bid for the international assets of Russian oil major Lukoil, a package estimated to be worth…
Kosmos Energy Second Quarter 2022 Results
Kosmos Energy Ltd. reported its financial and operating results for the second quarter of 2022. For the quarter, the Company generated a net income of $117 million, or…
Kosmos Energy Third Quarter 2021 Results
Kosmos Energy Ltd. reported its financial and operating results for the third quarter of 2021. For the quarter, the Company generated a net loss of $29 million, or…
Eni Touts 'Major Discovery' Offshore Ivory Coast
Eni announced a major oil discovery in block CI-101 offshore Ivory Coast. The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels…
Marathon Oil Cuts Spending 14% for 2021; 190 Wells TIL, Oil Production Flat
Marathon Oil Corp. reported its Q4 and full year 2020 results, as well as its 2021 capital budget. 2021 Plan - 2021 Capex: $1.0 billion - down 14%…