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More Discoveries News
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…
Mid-Continent News
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
Dallas Fed Energy Survey: What Oil and Gas Executives Are Really Saying
The latest Dallas Fed Energy Survey shows a U.S. oil and gas industry that is not collapsing—but is clearly constrained. Executives are operating in a defensive posture, focused…
Amplify to Sell Oklahoma Assets for $92.5MM
Nov. 05, 2025 Amplify Energy announced it has entered into a definitive agreement to sell all of its interests in Oklahoma for a total contract price of $92.5…
BKV Closes $370MM Bedrock Barnett Acquisition
BKV Corporation (NYSE: BKV) closed its ~$370 million acquisition of Bedrock Production, LLC, acquiring Bedrock Energy Partners’ Barnett Shale assets in a deal that materially expands BKV’s scale…