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Rigzone Exploration News

The latest oil and gas news from around the world.
  1. ExxonMobil announced its first discovery in 2024 in Stabroek, solidifying the Guyana asset's position as a key area for the oil and gas giant as it disputes rival Chevron's bid to enter the block.
  2. The contracts are for the Mariner field in the UK North Sea, the Heidrun field in the Norwegian Sea, Norway, and the Morecambe Bay area.
  3. The overall gas volume was calculated between 35.3 million and 105.9 million cubic feet (1 million and 3 million standard cubic meters) of recoverable oil equivalent.
  4. The discovery adds over a hundred million tons of oil equivalent proved in-place volume, according to the company.
  5. 'The country's exploration success in offshore areas has bolstered our outlook for its natural gas reserves and production,' BMI analysts said.
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