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Exploration Development 2004 P
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04/13/2004 -- CNOOC offers 10 blocks off China for PSCs
CNOOC Ltd, said its parent, China National Offshore Oil Corp., is offering 10 exploration blocks off China to international oil and gas companies for production sharing contracts, effective immediately. -
04/12/2004 -- Husky Energy receives SeaRose FPSO in White Rose field
Calgary-based Husky Energy Inc. received delivery of the SeaRose floating production, storage, and offloading vessel in White Rose oil field off Newfoundland and Labrador. -
04/12/2004 -- North Sea operators award Stolt Offshore $120 million in contracts
Five operators in the North Sea—BP PLC, Paladin Expro Ltd., Wintershall Noordzee BV, Statoil ASA , and ConocoPhillips— awarded contracts or letters of intent totaling $120 million to London-based Stolt Offshore SA. -
04/12/2004 -- US E&D operations focus more on gas, resource plays
This snapshot of exploration and development highlights in the US reflects the changing focus to gas from oil and onshore a large shift to unconventional resource plays. -
04/08/2004 -- Petroleum systems succeed play basis in Appalachian basin resource estimate
The USGS periodically assesses the technically recoverable undiscovered hydrocarbon resources of both the US and the world. -
04/07/2004 -- BP Egypt to explore in Gulf of Suez, northern Red Sea
Egypt has awarded BP Egypt exploration rights on the East Warda Block in the Gulf of Suez and on Blocks 12 and 13 in the northern Red Sea. -
04/07/2004 -- Elf taps Stolt Offshore for fabrication, pipelay for Amenam field
Elf Petroleum Nigeria Ltd., operator of Amenam field 19 miles off Nigeria, selected Stolt Offshore SA, London, for a $150 million fabrication and pipelay contract in the field's Phase II development. -
04/06/2004 -- Talisman signs PSC for Block PM-314 off Malaysia
Talisman Energy Inc., Calgary, signed a production sharing contract for Block PM-314 covering 2.3 million acres adjacent to Block PM-305 off Malaysia where Talisman Malaysia Ltd. struck oil last year. -
04/05/2004 -- Vintage's An Nagyah No. 5 well in Yemen tests light oil
Vintage Petroleum Inc., Tulsa, said the An Nagyah 5 well in Yemen tested 44° gravity oil from the subsalt Upper Lam formation and extended the productive area of the An Nagyah structure to the west. -
04/02/2004 -- Petro-Canada to negotiate PSC for Syrian gas development project
Petro-Canada, Calgary, and partners Occidental Petroleum Corp. and London-based Petrofac Ltd. are negotiating a production-sharing contract with the Syrian Ministry of Petroleum and Mineral Resources to develop gas reserves in Syria's Palmyra area for use in the country's power generating markets. -
04/02/2004 -- Algeria's Sonatrach announces gas discovery
Algerian state oil and gas company Sonatrach announced a natural gas and condensate discovery in the Brides region, 45 km from Gassi Touil gas field. -
03/30/2004 -- US MMS issues proposed notice of Western Gulf of Mexico Lease Sale 192
The US Minerals Management Service issued a proposed notice of Sale 192, a sale of offshore oil and natural gas leases in the western Gulf of Mexico scheduled for Aug. 18 in New Orleans. -
03/30/2004 -- Anadarko executive: Management integrity vital to reserve estimates
In estimating oil and gas reserves, producers need to look beyond the current fevered focus on primarily third-party engineering to "the more important aspects of internal reserve estimation processes. . .," said Jim Hackett, president and CEO of Anadarko Petroleum Corp., Houston. -
03/26/2004 -- BP Egypt makes natural gas, condensate find in Egypt's western Nile Delta
BP Egypt found natural gas and condensate off Egypt in the western Nile Delta with its Raven 1 exploration well. -
03/26/2004 -- Shell's reserves revisions: A critical look
Shell's downward reserves revision highlighted a funadmental problem: reliability and consistency of booked reserves. -
03/25/2004 -- First Calgary Petroleums' MLE-4 gas well confirms Algeria's Ledjmet Block 405b
First Calgary Petroleums (FCP) Ltd.'s fourth appraisal well in MLE field in eastern Algeria, confirmed MLE's southward extension over a large area within Ledjmet Block 405b. MLE-4 encountered five hydrocarbon zones with cumulative net pay over 56 m. -
03/22/2004 -- Devon Energy inks PSA for block off Nigeria
Oklahoma City-based Devon Energy Corp. said it signed a 5-year production-sharing contract covering Block 242, off Nigeria. -
03/22/2004 -- Pemex awards Global Industries Akal-MB pipeline installations
Pemex has signed a letter of intent to award Global Offshore Mexico S de RL de CV a $40 million contract to install three oil and gas pipelines linking the Akal-MB production platform to other platforms in the Akal oil field development off Mexico. The development project is in the Cantarell complex of fields in the Bay of Campeche about 80 km off the Yucatan Peninsula. -
03/19/2004 -- West Navigator to drill on Ormen Lange
Royal Dutch/Shell unit AS Norske Shell, production operator for Ormen Lange natural gas field on deepwater Block 650515/5-1 in the Norwegian Sea, has signed a letter of intent to award a $167 million contract to Smedvig ASA, Stavanger, for the semisubmersible drillship West Navigator to drill in the field. -
03/19/2004 -- Forest Oil reports deep shelf Gulf of Mexico discovery results
Denver-based Forest Oil Corp. Thursday reported test results for its No. 1 discovery well drilled on West Cameron Block 112 in the deep shelf Gulf of Mexico.
