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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…
North Sea News
Shell to Move Forward with Jackdaw Gas Field Project in UK North Sea
BG International Limited, an affiliate of Shell U.K. Limited, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following…
APA Corp. Boosts 2022 US Onshore Spending 38% vs. 2021
APA Corp. detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $1.6 billion (upstream) - up 51% vs. 2021 D&C: $1.4 billion Exploration & Appraisal: $200…
ConocoPhillips Bolsters Spending by 30% for 2022; Bets Bulk on Lower 48
ConocoPhillips has detailed its 2022 capital plan on the heels of closing its multi-billion dollar acquisition of Shell's Permian assets. 2022 Plans - Capital Budget: $7.2 billion -…
APA Corp. First Quarter 2021 Results
APA Corp. reported its Q1 2021 results. Highlights: Reported production of 382,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax…
Apache Ups Spending 11% for 2021 at $1.1B; Adding Rigs in the Permian
Apache Corp. announced its financial and operational results for the fourth-quarter and full-year 2020. The company also detailed its 2021 plans. 2021 Plans - Capex: $1.1 billion -…