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Rigzone Exploration News

1. Gran Tierra Makes Oil Discovery in Ecuador

   'The success of this well solidifies Gran Tierra's understanding of the field area and will be a key pillar of development growth plans in South America for years to come'.

2. Israel's NewMed Energy to Farm into Exploration Block Offshore Bulgaria

   NewMed Energy signed an agreement to buy a 50 percent stake in the Han Asparuh block, located on Bulgaria's side of the Black Sea, from OMV Petrom.

3. Eni Wins Exploration Rights for Four Blocks Offshore Ivory Coast

   The new nine-year licenses allow Eni to grow a footprint that already includes the two biggest hydrocarbon discoveries in the Western African country.

4. Equinor Hires Deepsea Bollsta for More Drilling on NCS

   'We plan to deliver 50-70 increased recovery wells and 20-30 exploration wells annually going forward'.

5. Equinor Makes Oil and Gas Discovery in Norwegian North Sea

   Equinor put the size of the discovery between 13 MMboe and 28 MMboe, just over half of which is gas.