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ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

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The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs.

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ExxonMobil reports oil discovery at Pinktail, offshore Guyana

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In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality hydrocarbon bearing sandstone reservoir separate from the 75 feet (23 meters) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well.

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Biden Administration greenlights ConocoPhillips Willow project in Alaska

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The Record of Decision (ROD) reduces the size of the project by denying two of the original five drill sites proposed by ConocoPhillips, which is seeking to develop oil and gas leases it acquired beginning in the late 1990s. The Willow project is estimated to produce 180,000 barrels of oil per day at its peak. Earlier post.)

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Big Oil Betting On Electric Vehicles

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Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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Caelus confirms large-scale oil discovery on the North Slope of Alaska

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Caelus Energy Alaska, LLC, a privately held independent exploration and production company, announced that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. miles northwest of the CT-1 discovery at the CT-2 location.

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Details on how Enbridge will expand capacity of Alberta Clipper oil sands crude pipeline without US review

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Enbridge says it operates the largest, longest, and most complex petroleum pipeline system in the world: approximately 25,420 kilometers (15,795 miles) of pipe delivers an average of more than 2.2-million million barrels per day of crude oil and liquids. The Enbridge Mainline system is the largest conduit of oil into the United States.

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UK Oil & Gas announces significant onshore oil-in-place in South of England

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The Horse Hill licences cover 55 square miles of the Weald Basin in southern England in which the UKOG has a 20.36% interest. The 158 MMBO per square mile OIP correlates to an aggregate pay section of 653 feet, primarily from the limestones and mudstones of the Kimmeridge, and the mudstones of the Oxford and Lias sections.

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