article thumbnail

BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Green Car Congress

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. Estimated post-drill resource range for Lontra is 700 million to 1.1+ Click to enlarge. billion barrels of oil equivalent, according to Cobalt. —Joseph H.

Angola 220
article thumbnail

Eni announces first production from the Junin-5 giant heavy oil field in Venezuela

Green Car Congress

Deepwater Angola. Separately, Eni reported its ninth oil discovery in deepwater offshore Angola, in Block 15/06, increasing the resource base of the West Hub project. The well was drilled at a water depth of 976 meters and reached a total depth of 4,107 meters. Eni is operator of Block 15/06 with 35%.

Angola 218
article thumbnail

Cobalt and Total announce significant North Platte deepwater Gulf of Mexico discovery

Green Car Congress

an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. Cobalt International Energy, Inc., In the Gulf of Mexico, Total also holds a 33.3%

Mexico 218
article thumbnail

ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

Green Car Congress

billion barrels of resource for more than 40 years. PFT technology processes bitumen on-site to remove water and solids and improve bitumen quality. Other environmental innovations include on-site water storage to reduce water use, progressive land and tailings reclamation, and a state-of-the-art waterfowl deterrent system.

Oil-Sands 150
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Denis Khramov, Russia’s deputy Minister of Natural Resources, said September 28 at a conference in Russia’s Far East that Rosneft and Gazprom are delaying some offshore drilling by two to three years because of sanctions and low oil prices. In addition, mismanaged confrontation with the U.S.

Russia 150