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First Libra Well Confirms Oil Discovery

SOURCE: Petrobras News Agency | 27 October 2014

The Libra consortium announces that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil in the northwest portion of the structure.

Eni: Significant Gas Finding Offshore Indonesia

SOURCE: Eni | 27 October 2014

Eni has made an important gas finding in the Merakes exploration prospect, in the East Sepinggan Block, where Eni is operator with a 100% stake. The Block is located in the offshore East Kalimantan (Borneo), 170 kilometres south of the Bontang LNG Plant and 35 kilometres from the offshore Jangkrik field, also operated by Eni.

New Discovery In Espírito Santo Basin Deep Waters

SOURCE: Petrobras News Agency | 24 October 2014

Petrobras announces the discovery of a hydrocarbon accumulation in deep waters of the Espírito Santo Basin post-salt by drilling well 4-BRSA-1265-ESS (ANP nomenclature) /4-GLF-42-ESS (Petrobras nomenclature), known as Lontra, at a water depth of 1,319 meters.

CNOOC Limited Announces New Discovery Jinzhou 23-2 In Bohai

SOURCE: CNOOC | 24 October 2014

CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-to-large new discovery Jinzhou 23-2 in Bohai. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters.

Chevron Announces Oil Discovery In Deepwater U.S. Gulf Of Mexico.

SOURCE: Chevron | 23 October 2014

Chevron Corporation (NYSE:CVX) today announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet.

Shell Announces Gabon Deep-Water Gas Discovery

SOURCE: Shell | 22 October 2014

Shell today announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir.

New Oil Resources Proved In The Grane Area

SOURCE: Statoil | 21 October 2014

Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.

Oil And Gas Discovery In The Alta prospect, Barents Sea

SOURCE: RWE | 15 October 2014

Drilling of exploration well 7220/11-1 on the Alta prospect in production licence (PL) 609 in the Barents Sea is in the process of being successfully completed. The well is located 20 km northeast of the Gohta discovery and some 160 km from the Norwegian coastline.

Nizhnevartovsk Oil And Gas Producing Company Starts Industrial Exploration Of South-Uzunsky Licensed Site

SOURCE: Rosneft | 15 October 2014

Rosneft subsidiary Nizhnevartovsk oil and gas producing company starts commercial drilling on South-Uzunsky licensed site situated in the Khanty-Mansiysk Autonomous District-Yugra

Rospan Carried Out A Record Hydrofracturing At The Urengoiskoe Field

SOURCE: Rosneft | 14 October 2014

Rospan International (Rosneft subsidiary) carried out a record hydrofracturing at the Urengoiskoe field, which resulted in the 9 times increase of production rate.