Oil & Gas News

The Vigdis subsea field has produced oil via the Snorre field for 24 years. When the field came on stream in 1997, it was expected to produce 200 million barrels. So far, it has produced twice as much, and based on new estimates the recoverable resources are 475 million barrels.

Global energy consultancy Xodus is assessing the infrastructure and modifications required to enable electrification of Harbour Energy’s Central North Sea assets following the successful delivery of a power optimization study examining the opportunities available to rationalize the generation systems on the Everest and Lomond assets. 

ExxonMobil has made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs.

Eni announces an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, Offshore Mexico. According to preliminary estimates the new find may contain between 150 and 200Mboe in place.

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