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Lundin makes small oil discovery at Goddo prospect in North Sea

The discovery was made at the wildcat well 16/5-8 S, in the production license 815, about 14 kilometers south of the Edvard Grieg field in the central part of the Norwegian sector of the North Sea.

read more... 19/08/2019

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Wintershall Dea begun drilling 4 production wells on the Dvalin gas field in the Norwegian Sea

Wintershall Dea reported today that it has begun drilling 4 production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 2020.

read more... 13/08/2019

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Tullow makes first oil discovery on Orinduik license offshore Guyana

Tullow Oil has made an oil discovery at its Jethro-1 exploration well, drilled on the Orinduik license offshore Guyana.

read more... 12/08/2019

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Equinor makes small oil discovery at Utsira High in North Sea

The small oil discovery has been made in the Lille Prinsen Outer Wedge well, located about 1km west of Lille Prinsen Main, where oil was discovered in 2018.

read more... 30/07/2019

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Daily (17.07.2019): NBP spot plunged by over 16% on Tuesday, due to ample oversupply

Crude oil prices dipped on Tuesday, after data showed that U.S. crude inventories dropped less than expected last week, as they were only slightly affected by disruptions in the wake of Hurricane Barry in the Gulf of Mexico. Prices were also influenced by the conflicting signals from Tehran and Washington about an alleged reduction of tensions over Iran’s ballistic missile program, as well as by China’s weakest economic growth in 27 years. As a result, Brent crude tumbled by 3.2% to $64.35 a barrel, while WTI futures slumped by 3.3% to $57.62 a barrel.

read more... 17/07/2019

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