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Exploration in brief

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26 February 2021

Exploration in brief

Report summary

Welcome to the Exploration in brief where we bring you rapid, responsive opinion and analysis on the key events going on in the global exploration industry. The report provides rolling coverage of events, combined with data, analysis and opinion from our Exploration experts. We cover key discoveries, farm-ins, well spuds, licence awards and round announcements. You can bookmark this report for regular updates.

Table of contents

  • Two for two for PTTEP and PETRONAS in familiar waters
  • Bahamas Perseverence exploration well disappoints
  • Ireland moves to ban future licensing
  • Kosmos & Beacon deepwater GoM exploration success
  • Biden administration suspends US federal oil & gas permitting
  • Four for four: Suriname’s Block 58 delivers another discovery
  • Alaska's first ANWR Lease Sale results reflect multitude of risks
    • Saudi Arabia announced four new discoveries
    • Russia announces giant finds
    • Bolivia: Repsol closes out the year with tenth discovery of 2020
  • ConocoPhilips announces second large discovery in Voring Basin in two months
  • Australasia exploration: 5 things to look for in 2021
  • First discovery for PETRONAS in Block 52 offshore Suriname
  • Norway launches its frontier 25th licensing round
  • Mixed results for ExxonMobil’s Tanager well on the Kaieteur block, Guyana
  • South Africa continues to deliver for Total
  • Results eagerly awaited from high-impact wells
  • Eni adds gas volumes to the Great Nooros Area offshore Egypt
  • Guyana tails keep coming up heads
  • Saudi Arabia announces two new discoveries in frontier northern areas
  • Taking stock of our 2020 wildcats to watch
  • TPAO lands a giant catch with Black Sea Tuna-1 well
  • Neptune Energy confirms largest discovery in Norway in 2020
  • Major oil discovery in Block 58 offshore Suriname
  • Eni's return to Ken Bau bears fruit
  • Chevron's US$13bn bid for Noble
  • CNOOC Ltd's latest addition to Huizhou complex
  • Bashrush gas discovery ends a run of exploration disappointments in Egypt
  • Bahamas Petroleum Company doubles down on exploration strategy
  • Wildcat discovery offshore Newfoundland & Labrador, Canada?
  • CNOOC launches 2020 offshore licensing round
  • Gazprom announces huge gas discovery in Russia's Kara Sea
  • PetroChina’s new ‘super-giant’ Sichuan gas play
  • Qatar Petroleum increases Mexican exploration portfolio with Total deal
  • Six spins, six wins for Repsol as Mexico duo delivers
  • East Mediterranean exploration hits choppy waters
  • Governments across the globe look to help explorers
  • Majors expected to cut 25% from 2020 exploration budgets
  • All's well that ends well for OMV in New Zealand
  • PetroChina's Manshen-1 find strengthens new Tarim basin play
  • Wintershall Dea makes oil discovery in Norwegian Sea
  • Equinor makes winning return to GoM operatorship at Monument
  • Oil Search kicks on in Alaska with Stirrup
  • Second big discovery for Apache in Suriname

Tables and charts

This report includes 33 images and tables including:

  • Map: PTTEP's block SK417 and adjacent block SK410B
  • Map: PETRONAS' North Madura II block and adjoining Ketapang PSC
  • Top 10 discoveries in the Voring Basin
  • Slonea discovery
  • Acreage offered in Norway's 25th Licensing Round
  • Tanager and Bulletwood well locations
  • Wells drilling ahead included in our "Twenty 2020 Wildcats to Watch"
  • Other high-impact wells drilling ahead
  • Select planned high-impact wells
  • Select planned near-field wells
  • Global high-impact wells underway or planned - October 2020
  • Nidoco NW map
  • Guyana discoveries and upcoming wells
  • Flaring location of discoveries
  • Map: Global wildcats to watch - August 2020 update
  • Twenty 2020 wildcats to watch: updated status (scroll right for Comment)
  • Sakarya discovery
  • Kwaskwasi-1 and planned Keskesi East-1
  • Block 114 offshore Vietnam
  • Map: Huizhou 26-6 discovery
  • Location of Bashrush discovery
  • Location of Cappahayden and Cambriol wells and additional EL 1156 prospects
  • Acreage awarded to IOCs offshore China, 2015-2019
  • Gazprom's key assets in the Kara Sea
  • Sichuan basin and location of Pengtan
  • Block interests
  • Block locations
  • New Zealand's discovered resources by development status 2000-2019
  • Toutouwai-1 location
  • Tarim basin
  • Monument-1 well location
  • Stirrup-1 location
  • Sapakara West-1 and planned Kwaskwasi and Keskesi wells

What's included

This report contains:

  • Document

    Q3 2019.pdf

    PDF 206.77 KB

  • Document

    Q4 2019.pdf

    PDF 2.17 MB

  • Document

    Exploration in brief

    PDF 12.08 MB

  • Document

    Archive Q1 2020

    PDF 1.45 MB