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Oil & Gas Discovery: Roc Oil Kicks Off Exploration Drilling in Bohai Bay (China)

 Roc Oil (Bohai) Company, a wholly owned subsidiary of Roc Oil Company Limited, as operator of Block 09/05, Bohai Bay, Offshore China advises that drilling has started on the first exploration well QK11-1-1.


Oil & Gas Discovery: RIL-BP Announce New Deepwater Gas Condensate Discovery in Cauvery Basin

 Reliance Industries Limited (RIL) and BP announced a new gas condensate discovery off the east coast of India in the Cauvery basin.


The discovery, in the deepwater block CY-DWN-2001/2 (CYD5), is situated 62 kilometres from the coast in the Cauvery Basin and is the second gas discovery in the block. RIL is the operator with 70% equity and BP has a 30% share. Well CYIII-D5-S1 was drilled in a water depth of 1,743 metres, to a total depth of 5,731 metres, with the primary objective of exploring Mesozoic-aged reservoirs.


Oil & Gas Discovery: BP Begins Production From Skarv Field, Norway

  BP and partners today announced the successful start of production from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects that BP brought into production in 2012. Production started on 31 December, 2012



Oil & Gas Discovery: BP Makes Trinidad Gas Discovery

  BP Trinidad & Tobago (bpTT) today announced that it has discovered an estimated 1 trillion cubic feet (tcf) of gas offshore Trinidad, doubling the estimated gas in place of the Savonette gas field, to 2tcf.


Oil & Gas Discovery: Statoil makes major oil discovery in Barents Sea

Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade.


Oil & Gas Discovery: Eni makes major oil discovery offshore Angola

Eni and Sonangol announce a new major oil discovery in Block 15/06, located offshore Angola. The Cabaca South East-1 well, located at a depth of 470 meters, at a distance of 100 km from the coast, successfully reached its multi-target objective in the deepest levels of Miocene age, where oil bearing reservoirs, with a total of 450 meters of gross thickness, have been proven.


Oil & Gas Discovery: Oil discovery near Sleipner and gas discovery in the Norwegian Sea

The presence of a considerable oil column has been confirmed under the Dagny structure in the North Sea. Gas has been proven in the deep-water Snefrid South prospect near the Luva discovery in the Norwegian Sea.


Oil & Gas Discovery: Hess discovers oil offshore Denmark

Oil has been discovered in the South Tor Pod exploration well off Denmark. The discovery is five kilometres (3.2 miles) southeast of the producing South Arne field in license 7/89, which was awarded in 1989.


Oil & Gas Discovery: BG Group announces material new discovery in Santos Basin, offshore Brazil

BG Group today announced a material new oil discovery in the pre-salt Santos Basin, offshore Brazil. The exploration well, known as Iara, discovered 30 degrees API light crude oil within the BM-S-11 concession area.


Oil & Gas Discovery: StatoilHydro makes gas discovery in the Barents Sea

StatoilHydro has confirmed the existence of gas in the Ververis prospect in the Barents Sea, whereas an exploration well in the Stetind prospect in the Norwegian Sea turned out to be dry.
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