Discoveries News


Malaysia Banks 1 Billion+ BOE Discoveries in 2023

Dec 01, 2023

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023. This achievement…

Hibiscus Petroleum Sets Record with Longest Well Drilled Offshore Malaysia

May 24, 2023

Malaysia's Hibiscus Petroleum said Wednesday its subsidiary Hibiscus Oil & Gas Malaysia Limited, had completed the longest well drilled in Malaysia at the Bunga Orkid field in the northern area of the PM3 CAA PSC.The PM3 CAA PSC is a commercial arrangement area between Malaysia and Vietnam…

Turkey Makes Its Largest Onshore Oil Discovery in Sirnak Province

May 04, 2023

Turkey has discovered 1 billion barrels of oil in a field in the southeast province of Sirnak, Turkish Petroleum (TPAO) said late on Wednesday, in the largest onshore oil find in the country.TPAO has drilled 2,771 meters deep so far and found a more than 162-meter light oil-bearing reservoir…

CNOOC Confirms Third Oilfield Discovery with 100 Million Tons of Reserves in Southern Bohai Sea

Mar 02, 2023

Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…

'Good Year' for Offshore Exploration in Malaysia with 10 Discoveries Made

Dec 23, 2022

Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…

Petronas Makes 'Significant' Oil & Gas Discovery Offshore Malaysia

Dec 07, 2022

Malaysian oil and gas company Petronas Carigali on Wednesday announced an oil and gas discovery at the Nahara-1 well in Block SK306,  in Malaysia.The discovery is located in the shallow waters of Balingian Province, about 150 kilometers from Bintulu…

Bahrain Announces Two New Gas Discoveries

Nov 08, 2022

Bahrain has announced two natural gas discoveries in the Al-Joubah and Al-Jawf reservoirs, state news agency BNA said on Tuesday. Nasser bin Hamad Al Khalifa, chairman of the kingdom's energy investment and development arm Nogaholding, has updated…

Baron Oil Says Its Timor Leste Offshore Block Could Hold More Gas Than Initially Thought. Targets First Gas in 2028

Oct 24, 2022

The AIM-quoted oil and gas exploration and appraisal company Baron Oil said Monday that its Chuditch Production Sharing Contract, offshore Timor-Leste could hold much more gas than previously estimated.According to the company,  per the preliminary…

Mubadala Energy Makes Gas Discovery Offshore Sarawak, Malaysia

Sep 20, 2022

Mubadala Energy on Tuesday confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia. Preliminary analysis shows a significant gas…

Harbour Energy's Offshore Well in Indonesia Hits 'Material Gas Accumulation'

Jul 11, 2022

Oil and gas company Harbour Energy has completed the drilling of the Timpan-1 exploration well located 150 kilometers offshore Indonesia, encountering 'a material gas accumulation.'The well, in a water depth of 4,245 feet (1293.8 meters). was drilled to a total vertical depth of 13…

Pavo-1 Discovery is 'Stellar' Exploration Success, Carnarvon Says. Shares Resource Estimate

May 02, 2022

Australian oil and gas company Carnarvon Energy said the recent Pavo-1 oil discovery it made with operator Santos offshore W. Australia was a 'stellar exploration success.'The company has completed its Pavo resource assessment and said that…

After Pavo Success, Santos Gearing Up to Start Drilling at Apus-1 Well Offshore W. Australia

Apr 04, 2022

Australian oil and gas company Santos has mobilized the Noble Tom Prosser jack-up drilling rig to the Apus-1 well location offshore W. Australia, with the drilling operations set to start within a week.The rig recently completed drilling the successful Pavo-1 well…

Santos Wraps Pavo-1 Drilling, Offshore Australia

Mar 25, 2022

Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…

Santos Makes Significant Oil Discovery at Pavo Well Offshore Australia

Mar 23, 2022

Australian oil and gas company Santos has made a 'significant' oil discovery at Pavo-1 exploration well, 46 kilometers east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.According to Santos, the well was drilled on…

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