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USGS Sees 340+ Tcf of Recoverable Gas in Bossier Formation
'We have assessed there are significant undiscovered resources in the Bossier Formation', USGS Director Ned Mamula said.
7:15 AM EST | May 08, 2026
Eni Confirms Size of 'Giant' Gas Discovery offshore Indonesia
A drill stem test confirmed the preliminary assessment of about 5 trillion cubic feet of natural gas and 300 million barrels of condensate in the Geliga-1 discovery in the Kutei Basin.
4:57 AM EST | May 07, 2026
Eni Declares 'Giant' Gas Discovery offshore Indonesia
'Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet of gas and 300 million barrels of condensate in the encountered interval'.
4:56 AM EST | April 20, 2026
TotalEnergies Discovers More Oil offshore Congo Brazzaville
'The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated at close to 100 million barrels'.
6:53 AM EST | April 16, 2026
Petrobras, BP Make New Discovery in Campos Basin
'Petrobras' operations in block C-M-477, in the Campos Basin, are aligned with the company's strategy to replenish oil and gas reserves through activities in frontier exploratory areas, in partnership with other companies'.
9:27 AM EST | April 15, 2026
Eni Announces 2 Tcf Gas Find Offshore Egypt
Eni announced a 'significant' gas and condensate discovery offshore Egypt.
10:36 AM EST | April 14, 2026
Oman Offers 5 Oil and Gas Leases
The Gulf country's Energy and Minerals Ministry opened bidding applications for five new oil and gas concession areas.
3:58 AM EST | April 13, 2026
Occidental Discovers Oil Near Existing Infrastructure off Louisiana
'The discovery has the potential for subsea tie-backs to an adjacent Occidental-operated facility and others in the nearby area'.
8:54 AM EST | April 10, 2026
Santos Announces Positive Results for Quokka Appraisal Campaign
'Located strategically to the east of our Pikka phase 1 development, Quokka represents another high-return opportunity that strengthens our position on the North Slope and extends our development runway in Alaska for years to come'.
7:42 AM EST | April 09, 2026
Norway Pushes for Reentry into Gro Gas Discovery
'There is a considerable value creation potential here but time is running out', Norway's upstream regulator said about the discovery drilled by Shell and later relinquished by Equinor.
4:53 AM EST | April 09, 2026
Chevron, Libya Agree to Conduct Study in New Offshore Block
'This partnership is not merely a technical agreement but rather a message of confidence in the Libyan investment environment and evidence of the return of major companies to work and explore promising opportunities in our country'.
7:57 AM EST | March 27, 2026
New Zealand Receives Application for Canterbury Hydrocarbon Prospecting
The application follows the removal of the petroleum exploration ban late 2025, after which two exploration permit applications have progressed to government assessment.
11:50 AM EST | March 26, 2026
Petrobras Discovers More Gas offshore Colombia
The new discovery in Block GUA-OFF-0 'consolidates the gas province and the gas potential in the Colombian offshore', Petrobras said.
7:00 AM EST | March 22, 2026
New Gas Finds in Libya Total More Than 1 TCF
Eni announced new gas discoveries in Libya totaling more than one trillion cubic feet.
11:59 AM EST | March 18, 2026
Equinor Plans New Tieback to Johan Castberg
'The volume basis in Johan Castberg was originally estimated at 500-700 million barrels, and Equinor has an ambition to increase this by an additional 200-500 million barrels'.
10:37 AM EST | March 18, 2026
DOI Announces Results of BBG2 Lease Sale
13 companies submitted 38 bids totaling $69,838,782, a DOI statement highlighted.
8:23 AM EST | March 13, 2026
Petronas Makes Discovery offshore East Java
'The Barokah-1 discovery reinforces the compelling exploration potential we continue to see in the Northern Madura region, East Java'.
7:06 AM EST | March 13, 2026
Equinor Proves More Oil and Gas around Sleipner, Troll
Equinor discovered more oil, gas and condensate on Norway's side of the North Sea, with plans to extract the resources via existing infrastructure in the Sleipner and Troll areas.
3:23 AM EST | March 12, 2026
Equinor, Wellesley Tie Up for Norwegian Exploration
'Both companies recognize the challenge of declining production on the NCS in the coming decade'.
8:23 AM EST | March 06, 2026
Trump's Alaska Lease Sale Draws Zero Bids From Drillers
The Trump administration's first oil and gas lease sale in Alaska's Cook Inlet received no bids, according to the U.S. Interior Department.
3:00 PM EST | March 05, 2026
Talos Plans Appraisal Well for 'Game Changer' Find in Q2
In a statement sent to Rigzone back in August last year, Wood Mackenzie said the Daenerys discovery is a 'game changer' for Talos in the Gulf of America.
10:36 AM EST | March 02, 2026
Equinor Discovers More Oil around Snorre offshore Norway
Equinor made an oil discovery near the Snorre field, on Norway's side of the North Sea, that could be rapidly developed as a tieback to existing infrastructure in the area.
8:50 AM EST | March 02, 2026
BOEM Eyes California Offshore Drilling
BOEM has announced its intent to prepare a programmatic environmental impact statement for proposed oil and gas lease sales in the Northern, Central and Southern California Planning Areas of the OCS.
7:42 AM EST | February 27, 2026
Murphy Oil Hits Another Dry Well in Ivorian Campaign
Murphy Oil's first two wells in a three-well exploration campaign offshore Cote d'Ivoire have turned up dry.
5:10 AM EST | February 24, 2026
Equinor Makes Discovery Near Gullfaks
Preliminary estimates placed the size of the discovery at 1.3-3.8 million oil-equivalent barrels, the Norwegian Offshore Directorate said.
8:04 AM EST | February 17, 2026
Eni Scores New 'Significant' Discovery offshore Ivory Coast
The Italian energy major declared a 'significant' gas and condensate discovery in the waters of Cote d'Ivoire through the first exploration well in Block CI-501.
6:40 AM EST | February 17, 2026
Chevron Wins Four Exploration Blocks in Greek Mediterranean
Two of the blocks are in the south of the island of Crete and two are in the Peloponnese peninsula.
2:06 AM EST | February 17, 2026
BP, Eni Discover More Oil offshore Angola
'The Algaita-01 results build on a long successful track record of 22 discoveries, once again confirming the exceptional effectiveness of the petroleum system in Block 15/06'.
1:59 AM EST | February 16, 2026
Global Exploration Signaling 'Early Recovery'
Global exploration is signaling an 'early recovery', according to Enverus Intelligence Research.
11:31 AM EST | February 12, 2026
Turkey, Chevron Sign Agreement on Global Exploration
The deal is the latest instance of increased cooperation between Turkish and U.S. energy companies.
10:45 AM EST | February 05, 2026
OKEA Makes New Discovery in Brage
OKEA and its partners discovered more hydrocarbon deposits in the producing Brage field on Norway's side of the North Sea.
8:37 AM EST | January 29, 2026
Bulgaria Completes Acquisition of 10 Percent Han Asparuh Stake
OMV Petrom and NewMed Energy consummated the sale of 10 percent in the Han Asparuh exploration block on Bulgaria's side of the Black Sea to state-owned BEH in compliance with a government order.
4:32 AM EST | January 26, 2026
Turkey in Talks With Chevron for Joint Oil and Gas Exploration
Turkey's state energy company is in talks with Chevron Corp to jointly explore for oil and gas, according to a Turkish official familiar with the discussions.
3:00 PM EST | January 21, 2026
Bulgaria Acquires 10 Percent in Han Asparuh Block
OMV Petrom and NewMed Energy signed a deal to sell 10 percent in the Han Asparuh exploration block on Bulgaria's side of the Black Sea to state-owned Bulgarian Energy Holding following a government order.
7:05 AM EST | January 21, 2026
Murphy Oil Makes Noncommercial Find in Ivorian Frontier Campaign
'While Civette did not meet commercial thresholds, the well provided insights that strengthen our subsurface understanding for the potential of the basin and inform the remaining prospectivity on the CI-502 Block'.
9:40 AM EST | January 20, 2026
Var Energi Raises Estimates for New Barents Sea Oil Discovery
'A tie-back to the nearby Goliat FPSO is being planned, targeting first production in 2019'.
8:46 AM EST | January 19, 2026
Philippines Makes Discovery Near Dwindling Malampaya
The discovered reservoir is estimated to contain around 98 billion cubic feet of gas, equivalent to almost 14 billion kilowatt hours of electricity per year, President Marcos said.
2:52 AM EST | January 19, 2026
TotalEnergies Gets New Block around Lebanon-Israel Border
TotalEnergies and its partners in Block 9 have signed an agreement with the government to enter the adjacent Block 8 around the Israeli-Lebanese maritime border.
3:43 AM EST | January 12, 2026
Ukraine Strikes Lukoil Drilling Platforms in Caspian Sea
Ukraine targeted three drilling platforms in the Caspian Sea owned by Russian oil major Lukoil.
2:30 AM EST | January 12, 2026
Murphy Oil Confirms 'Significant' Oil Discovery offshore Vietnam
'The updated midpoint of recoverable resources for the primary reservoir is towards the high end of our previously communicated range of 170-430 million barrels of oil equivalent and the high end of the new range now exceeds 430 MMboe'.
6:56 AM EST | January 07, 2026
3D Energi Upbeat on Potential New Discovery in Charlemont Campaign
The Charlemont trend 'could be among the largest gas pools in the Otway Basin'.
4:23 AM EST | January 07, 2026
Study Claims Presence of Younger Fossil Fuel Rocks in Nordic Seas
New research using drilling samples points to a widespread Miocene-age petroleum system in the eastern Nordic Seas similar to prolific producing basins offshore West and Central Africa.
3:36 AM EST | January 07, 2026
Equinor Makes Discovery Near Tyrihans Field
'The licensees will assess the discovery with a view toward a potential production well from the same location, with production over Tyrihans to the Kristin installation'.
7:38 AM EST | December 26, 2025
CNOOC Makes 'Major' Oil Discovery in Bohai Sea
'This achievement challenges the conventional understanding that slope areas merely serve as pathways for hydrocarbons rather than sites for substantial accumulation'.
5:04 AM EST | December 24, 2025
Libya Draws Oil Investors despite Risks
'Enhanced fiscal terms, simplified cost recovery and clearer profit sharing are already attracting serious interest from supermajors and national oil companies'.
3:11 AM EST | December 24, 2025
Shell, INEOS Hit New Gas Discovery in US Gulf
Nashville in the Norphlet play 'marks INEOS' first successful exploration well in the region'.
5:48 AM EST | December 23, 2025
'Significant' Undiscovered Resources in GC Haynesville
'We have assessed there are significant undiscovered resources in the Haynesville Formation of the Gulf Coast', USGS Director Ned Mamula said.
8:44 AM EST | December 19, 2025
WoodMac Says Eni Find Reinforces Kutei as One of Hottest Plays
'It provides options for Indonesia as the nation balances domestic demand needs with future export opportunities', Andrew Harwood, Wood Mackenzie Vice President, Corporate Research, said.
6:35 AM EST | December 15, 2025
Eni Announces 'Significant' Find Offshore Indonesia
'Estimates indicate 600 billion cubic feet of gas initially in place with a potential upside beyond one trillion cubic feet', Eni said.
10:30 AM EST | December 10, 2025
Equinor Scores 2 Gas, Condensate Discoveries in Sleipner
Preliminary estimates for the exploration wells, the first drilled in production license 1140, indicate 30-110 million recoverable oil-equivalent barrels.
1:29 AM EST | December 09, 2025
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