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Rigzone Exploration News

1. MOL Discovers Oil in Western Hungary

   According to the results, the well located in the Somogysámson oilfield is capable of producing 1,200 barrels per day.

2. APA Hits Oil Discovery on Alaskan North Slope

   APA and its partners declared a 'significant' petroleum discovery in the Lagniappe area on Alaska's North Slope.

3. FIRST-NNPC JV Confirms Significant Hydrocarbon Discovery

   'Preliminary analysis indicates substantial oil and gas volumes', a statement posted on FIRST E&P's website said.

4. China Extends Subsidies for Unconventional Gas Drilling

   China is extending a subsidy program to support unconventional natural gas drilling as it continues to push for new domestic supplies to ensure energy security.

5. Genel Enters Block 54 in Oman

   Genel has secured a 40 percent stake.