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Exploration Development 2002 P5

  • 07/08/2002 -- UK onshore
    Bow Valley Energy, Calgary, has spudded the West Compton-1 well, which is the first to examine prospects updip from the giant Wytch Farm field in the Wessex basin, said partner Sterling Resources.
  • 07/02/2002 -- MMS's 5-year OCS leasing plan wins approval
    US Interior Sec. Gale Norton has approved the US Minerals Management Service's 5-year program for oil and natural gas lease sales on the Outer Continental Shelf for 2002-07.
  • 07/01/2002 -- MMS introduces well logs online
    The Department of the Interior's Minerals Management Service late last week announced a new online ordering system that allows companies to research oil and gas well logs online.
  • 06/25/2002 -- Vaalco Energy completes well on Etame concession off Gabon
    Vaalco Energy Inc., Houston, has successfully completed the first of three wells planned for the Etame concession off Gabon.
  • 06/21/2002 -- Lingering legacies
    The Department of Justice June 15 received an early victory against Enron Corp.'s former auditor, Arthur Andersen LLP, in a Houston federal courtroom for a single felony count of obstruction of justice.
  • 06/12/2002 -- Ras al Khaimah
    Novus Petroleum Ltd., Sydney, obtained 100% interest in a 600 sq km onshore exploration block in the northernmost emirate.
  • 06/10/2002 -- Husky Energy plans to drill exploration well off Canada's East Coast
    Husky Energy Inc., Calgary, plans to drill an exploration well in the Jeanne d'Arc basin, 350 km east of Newfoundland and Labrador, as part of Husky's exploration strategy off Canada's East Coast.
  • 06/10/2002 -- BHP acquires stake in Orange basin block off South Africa
    BHP Billiton Petroleum Great Britain Ltd., a unit of BHP Billiton Ltd., has acquired a 90% stake in Block 3B/4B off the western coast of South Africa from Global Offshore Oil Exploration (South Africa) (Pty.) Ltd.
  • 06/07/2002 -- St.-Pierre and Miquelon
    Authorities in France said RSM Production Corp., Denver, whose chairman and CEO is private explorer Jack Grynberg, applied for a 4-year exploration permit designated 9269 Corvette.
  • 05/28/2002 -- Coastal Petroleum files second lawsuit against Florida
    Coastal Petroleum Co., Apalachicola, Fla., has sued Florida alleging that the state is taking the company's property without compensation by denying it a drilling permit in the Gulf of Mexico.
  • 05/22/2002 -- Indonesia's Pertamina discovers natural gas in central Sulawesi
    Indonesian state oil company Pertamina has discovered 1.07 tcf of natural gas reserves with its latest appraisal well on the Senoro-Toili Block in central Sulawesi.
  • 05/21/2002 -- Unocal drills fifth successful Ranggas field well
    Unocal Rapak Ltd., subsidiary of Unocal Corp., El Segundo, Calif., has drilled its fifth successful well in deepwater Ranggas oil field in the southern part of the Rapak production-sharing contract off East Kalimantan, Indonesia.
  • 05/16/2002 -- BLM schedules Wyo.-Neb. oil and gas lease sale June 4
    An oral oil and gas lease auction sponsored by the US Bureau of Land Management will be held June 4 in Cheyenne, Wyo. BLM will offer 95 parcels totaling 87,120 acres of federal lands within Wyoming and Nebraska.
  • 05/15/2002 -- Talisman, consortium partners awarded Block 46/02 off Viet Nam
    A consortium including units of Talisman Energy Inc., Calgary, Petronas Carigali Sdn. Bhd., and PetroVietnam has been awarded exploration Block 46/02 off Viet Nam, Talisman announced.
  • 05/01/2002 -- BLM to hold NPR-A lease sale June 3
    The US Department of Interior's Bureau of Land Management said Apr. 29 it will hold a National Petroleum Reserve-Alaska (NPR-A) lease sale June 3 in Anchorage. The bid deadline is May 31.
  • 04/22/2002 -- Statoil makes new oil find near Norne
    Statoil has made an oil discovery in the Stær structure about 3 km northeast of the firm's Norne field in the Norwegian Sea; its oil quality is similar to that of Norne's. The find could contribute to a unitized development of several reservoirs in the area. Its commerciality will now be assessed.
  • 04/22/2002 -- Agip spuds wildcat on China's Sebei block
    Agip China BV has begun drilling its first exploration well on the natural gas-prone Sebei block in northwestern China's Qaidam basin. Drilling is expected to conclude in July on the well, which is designed to reach TD at 4,650 m. Agip is the only foreign company currently undertaking onshore exploratory drilling for oil and gas in China, the company said.
  • 04/22/2002 -- India to offer 27 blocks under NELP-III
    The Indian government will hold road shows in four cities during May and June to offer 27 blocks for oil and gas exploration under the third round of its New Exploration and Licensing Policy. The meetings will be held in Singapore May 27-28, London June 6-7, Houston June 10-11, and Calgary June 13-14.
  • 04/22/2002 -- Pacific Tiger receives financing for new Thailand drilling
    A Pacific Tiger Energy Inc. joint venture has entered into a $2 million financing agreement with Gemini Oil & Gas Ltd., an oil and gas finance group, to fund a multiwell exploitation program in Wichian Buri oil field, onshore Thailand. Up to four development wells will be drilled, starting in the second half of this year.
  • 04/17/2002 -- Industry-government JV to evaluate gas hydrates potential in Gulf of Mexico
    Industry is cooperating with the US government to exploit a massive unconventional gas resource in the Gulf of Mexico: gas hydrates. ChevronTexaco Corp., the National Energy Technology Laboratory, and the US Department of Energy will team up for the Gulf of Mexico Gas Hydrates Joint Industry Project (JIP), which will study naturally occurring gas hydrates in the gulf.

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