Exploration/Development news briefs, Dec. 20


Chevron Corp., San Francisco, has confirmed Lobito field in deepwater Block 14, off Angola. The Lobito 2 was drilled in 1,650 ft of water 4 miles northwest of the Lobito 1 discovery. The appraisal identified 200 ft of net oil pay and encountered an oil column measuring up to 770 ft. The discovery tested 10,200 b/d of 35˚ oil from a single-zone drillstem test under constrained flow conditions. Chevron's Cabinda Gulf Oil Co. is operator with a 31% interest; Sociedade Nacional de Combustiveis de Angola, Agip Angola, and TotalFinaElf-Angola each hold 20%, and Petrogal has 9%.

Danish Oil and Natural Gas Co. has a discovery on Block 16/98 in the Danish North Sea. The Cecilie-1 was drilled in 59 m of water to 2,319 m TD. It flowed 1,888 b/d from a Danien chalk. A sidetrack confirmed the discovery. Owners were DONG, the operator, with 22%, Denerco Oil AS 37%, LD Energi AS 24%, and RWE-DEA AG 17%.

RWE-DEA AG of Hamburg, Germany, has farmed into Ramco Energy PLC's interest in Carpathian Blocks 434, 435, 454, and 455 in southern Poland. RWE-DEA will operate and earn a 50% interest by funding the next $6 million of the work program, including the drilling of two wildcats by September 2002.

Polish Oil & Gas Co. has agreed to purchase the gas produced from FX Energy Inc.'s Kleka 11 discovery well in western Poland, FX said. The company did not reveal the well's production. FX Energy claims to be the first foreign company to sign a gas purchase contract with POGC and the first western company to produce and sell gas from a discovery in Poland.

Essex Resource Corp., Vancouver, decided not to exercise its option to acquire a 12% working interest in the Tatyanovskoe and Oktyabrskoe licenses in the Autonomous Republic of Crimea, Ukraine. In order to maintain its rights to the 12% interest in the two licenses, Essex had to make a non-refundable payment of $90,000 to Nostra Terra (Overseas) Ltd. on or before Dec. 14, with a further payment of $400,000 payable on Jan. 15. Essex said it wanted to focus on its Hassi Bir Rekaiz play in Algeria.

PanCanadian Petroleum Ltd., Calgary, said its third Deep Panuke appraisal well, M-79A, off Nova Scotia, flowed 63 MMcfd over 5 days. The well was drilled to 15,105 ft TD, followed by a horizontal sidetrack in the main reservoir section that found 360 ft of net pay. The second appraisal well flowed 50 MMcfd over 3 days (OGJ Online, Aug. 21, 2000). M-79A is 250 km of Halifax, NS, and about 3 km east of the Panuke platform. PanCanadian, which holds 100%, expects to determine commerciality of the field by end of March.

Noble Affiliates Inc., Houston, said its subsidiary EDC Europe Ltd. has completed an asset exchange with Shell UK Ltd. Shell acquired EDC's 12.5% interest in UK North Sea Block 20/4b and a cash payment in exchange for EDC acquiring Shell's 12.885% interest in Block 21/20a, which includes Cook field. The deal is effective Oct. 1, 1999. Cook field was commissioned in April and was producing 12,000 b/d. Reserves are more than 20 million bbl.

EEX Corp., Houston, plans to sell its interests in 100 shallow water Gulf of Mexico lease blocks to an undisclosed purchaser for $60 million effective Oct. 1, 2000. EEX kept the rights to deeper, non-producing horizons in 10 of the blocks. Separately, EEX said an exploratory well on Garden Banks Block 344 tested shows. The hole went to 21,000 TD. EEX was considering a confirmation well. It holds a 100% working interest and 80% net revenue interest in the block.

Related Articles

Poland

09/23/2009 Polish Oil & Gas Co. is starting production from a Rotliegend sandstone reservoir at 3,000 m at the Roszkow well in western Poland, said FX Ene...

FX Energy to add gas production in Poland

05/19/2006 FX Energy Inc., Salt Lake City, said construction began on facilities to place on production the 2004 Zaniemysl-3 gas discovery well in the Fences ...

FX Energy advances E&D projects in Poland

10/10/2005 FX Energy Inc., Salt Lake City, operator of the Wilga-2 natural gas and condensate well on the Lublin concession about 100 miles southeast of Warsa...

Operators announce 2004 budgets, drilling plans

02/16/2004 Operators plan to increase drilling budgets around the world in 2004, with the greatest increases expected at state-owned companies.

New Zealand

12/01/2003 The Energy Ministry plans to announce successful bids in January 2004 from among 23 bids received for 17 blocks offered in the offshore/onshore Tar...

Area Drilling

04/02/2001 Evergreen Resources Inc., Denver, agreed to exchange nearly 25,000 shares of its restricted stock for a 100% interest in 605,000 acres of prospecti...

Exploration/Development news briefs, Mar. 13

03/13/2001 Varco International ... Seneca Resources...Kelman Technologies ... Double Eagle Petroleum ...FX Energy

Area Drilling

01/15/2001 China National Offshore Oil Corp. and Husky Oil Ltd., Calgary, teamed up to develop the Wenchang oil fields.

Apache tests gas at rank Polish wildcat

01/09/2001 Apache Corp., Houston, said Tuesday a preliminary open-hole test of its Tuchola 108-2 wildcat on the Pomeranian Concession in northwest Poland flow...
White Papers

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...

Accurate Thermo-Fluid Simulation in Real Time Environments

The crux of any task undertaken in System Level Thermo-Fluid Analysis is striking a balance between ti...
Available Webcasts


Prevention, Detection and Mitigation of pipeline leaks in the modern world

When Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST



On Demand

Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST


The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected