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Exploration Development 2005 P19

  • 12/21/2005 -- Deep gulf well is an oil strike, Nexen says
    The deepest well drilled so far in the Gulf of Mexico is an oil discovery, says Nexen Inc., the block operator.
  • 01/03/2005 -- PTTEP invests more in Phu Horm field in Thailand
    PTT Exploration & Production PLC (PTTEP) plans to spend $36 million over the next 2 years developing Phu Horm gas field in northeastern Thailand, which is emerging as Thailand's largest onshore gas field.
  • 01/07/2005 -- Usan field discovery extended off Nigeria
    Total SA's Nigerian operating subsidiary Elf Petroleum Nigeria Ltd. (EPNL), which operates deepwater oil prospecting license (OPL) 222 off southeastern Nigeria, has extended Usan oil field to the west.
  • 01/14/2005 -- ChevronTexaco has oil finds off Cambodia
    Chevron Overseas Petroleum (Cambodia) Ltd. (COPCL) has discovered oil in four exploration wells on its 55%-held Block A off Cambodia.
  • 01/19/2005 -- Petronas makes oil find in Niger
    Petronas Carigali Niger Exploration & Production Ltd. has encountered hydrocarbons on Agadem Block 1 in eastern Niger.
  • 02/25/2005 -- North West Shelf Venture lets contract for Angel field development
    Woodside Energy Ltd., operator of the North West Shelf Venture, let a front-end engineering and design contract for development of Angel gas-condensate field off Karratha in Western Australia.
  • 03/08/2005 -- ConocoPhillips inks Kebabangan field PSA
    A joint venture of ConocoPhillips (East Malaysia) Ltd. 40% and Petronas Carigali Sdn. Bhd. 60% has signed a production-sharing agreement with Petronas for development of Kebabangan oil field off Sabah, Malaysia.
  • 03/11/2005 -- Statoil increases investment estimate for Kristin
    Statoil ASA has increased its investment estimate for the Kristin project in the Norwegian Sea by 1.4 billion kroner to 20.8 billion kroner.
  • 03/16/2005 -- High oil, gas prices drive OCS bidding
    Near-record prices for oil and natural gas led to strong bidding Mar. 16 in two Outer Continental Shelf lease sales for tracts in the Eastern and Central Gulf of Mexico.
  • 03/22/2005 -- Newfield lifts Utah Monument Butte flow
    Newfield Exploration Co., Houston, is pressing development of giant Monument Butte oil and gas field in the northern Uinta basin, where it estimates more than 1 billion bbl of oil in place.
  • 03/15/2005 -- ExxonMobil to develop two more Chad fields
    Esso Exploration & Production Chad Inc., as the Chad-Cameroon development project reached financial completion in the fourth quarter of 2004, said it will develop two more oil fields near project infrastructure in southwestern Chad.
  • 03/31/2005 -- Unocal has Northwest Territories strike
    Unocal Corp. subsidiary Northrock Resources Ltd., Calgary, made a hydrocarbon discovery on the Summit Creek prospect in the Central Mackenzie Valley area of the Northwest Territories in Canada.
  • 04/27/2005 -- Anadarko hits Miocene oil in Gulf of Mexico
    Anadarko Petroleum Corp. made a deepwater discovery on its 100%-held Green Canyon Block 652 in the Gulf of Mexico.
  • 05/04/2005 -- Partners to install truss spar off Malaysia
    Murphy Oil Corp. and Petronas will install a truss spar in Kikeh field on Block K in 1,330 m of water off Malaysia.
  • 05/04/2005 -- OTC: Marathon seizing opportunities off Norway
    Marathon Oil Corp. has expanded its Norwegian holdings to more than 1 million acres from 49,000 acres in 2001, said Steven B. Hinchman, Marathon senior vice-president, worldwide production.
  • 05/06/2005 -- Oxy to steam heavy oil from Oman's Mukhaizna
    Occidental Petroleum Corp. hopes to recover 1 billion bbl of heavy, viscous oil from Mukhaizna field in south-central Oman.
  • 05/17/2005 -- Companies farm in to BHP's Jacala-1 wildcat
    Interest is rising in the Jacala-1 wildcat to be drilled later this year in the deepwater Exmouth Plateau region off Western Australia.
  • 05/15/2005 -- Questar units, Ute tribe sign gas agreements
    Two Questar Corp. subsidiaries have signed agreements with the Ute Indian tribe for gas projects on tribal lands in the Uinta basin of northeastern Utah.
  • 06/02/2005 -- Five more blocks awarded in Nigeria-Sao Tome JDZ
    The Nigeria-Sao Tome and Principe Joint Development Authority in Abuja approved the award of five more blocks in the Joint Development Zone in the Gulf of Guinea.
  • 06/10/2005 -- Total has another Block 32 find off Angola
    Total SA, operator of deepwater Block 32 off Angola, and state-owned Sonangal EP reported an oil discovery in the Gengibre-1 well.
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