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Exploration Development 2005 P7

  • 10/27/2005 -- Eastern Putumayo basin oil development proposed
    Appraisal and development is pending for a 1988 eastern Putumayo basin oil discovery in Colombia that could have as much as 38 million bbl recoverable.
  • 10/27/2005 -- ANWR leasing advances in House, Senate
    Both sides of the 109th Congress have moved closer to authorizing federal oil and natural gas leasing in the Arctic National Wildlife Refuge as part of the budget reconciliation package on Oct. 26.
  • 10/26/2005 -- Indonesia gas find noncommercial but promising
    A gas discovery in the North Sumatra basin waters of the Malacca Straits is described as noncommercial but encouraging for further exploration.
  • 10/26/2005 -- North German tight sands test at promising rates
    Two European companies are installing surface facilities after a highly deviated well yielded promising gas flow rates from extremely low-permeability Permian Rotliegend sandstone in the North German basin.
  • 10/26/2005 -- EnCana extends Chinook discovery off Brazil
    Kerr-McGee Oil & Gas Corp. reported another successful appraisal of a Campos basin oil discovery on Block BM-C-7 in 350 ft of water 75 km off Brazil.
  • 10/26/2005 -- Verkhnechonsky field development starts
    The first well has been drilled in Russia's Verkhnechonsky oil and gas field by Prikaspiiskburneft Co. as part of a 3-year, $270 million development project undertaken by VerkhnechonskNefteGaz.
  • 10/24/2005 -- Thailand licensing round draws more bids
    Thailand's energy ministry has received two additional applications for petroleum exploration blocks, raising the total number of applicants in the country's current licensing round to 11 groups and increasing the number of tracts sought to 13 (OGJ Online, Aug 22, 2005).
  • 10/21/2005 -- Deepwater Angola block has ninth oil strike
    Angola's Sonangol and BP PLC reported the ninth oil discovery on deepwater Block 31 off Angola.
  • 10/20/2005 -- Seismic survey due off Western Australia
    Karoon Gas Australia Ltd. has let contract to PGS Exploration Ltd. for an 840 sq km 3D survey by the Ramform Victory seismic vessel on its adjoining Browse Basin permits WA-314-P and 315-P off Western Australia (OGJ, Oct. 17, 2005, p. 34).
  • 10/20/2005 -- Record-length wells eyed in Alaskan Beaufort
    BP PLC is studying feasibility of developing its Liberty oil discovery in the Beaufort Sea off Alaska with extended-reach wells of possibly record lengths.
  • 10/20/2005 -- Pioneer makes deepwater Gulf of Mexico find
    Pioneer Natural Resources Co., Dallas, reported a discovery on the Clipper prospect on Green Canyon Block 299 in the deepwater Gulf of Mexico.
  • 10/19/2005 -- TARC to explore South China Sea blocks
    China National Offshore Oil Corp. (CNOOC) has signed a production-sharing contract (PSC) for Block 03/27 and a geophysical agreement for Block 28/20, both in the Pearl River Mouth basin, with privately held Texas American Resources Co. (TARC), Austin.
  • 10/19/2005 -- Shell starts seismic survey in Libya
    Shell Exploration & Production GMBH began a land seismic survey in the coastal Sirte basin near Marsa Al-Brega and hopes to start exploratory drilling in late 2006-early 2007.
  • 10/18/2005 -- Pearl to drill in Jasmine area off Thailand
    Pearl Energy Ltd. of Singapore has let contract to ENSCO Oceanics Co. for use of the ENSCO 107 jack up in a 60-day exploration program scheduled to start in March 2006 on Block B 5/27 in the Gulf of Thailand.
  • 10/18/2005 -- Lukoil, PDVSA to study Orinoco belt block
    Lukoil Overseas Holding Ltd. and the investment division of state-owned Petrόleos de Venezuela SA (PDVSA) have signed a 3-year agreement to research a section of the Junin Block (formerly Zuata) in the Orinoco oil belt in Anzoategui, eastern Venezuela.
  • 10/17/2005 -- Mali's Taoudeni basin due airborne surveys
    Baraka Petroleum Ltd., Perth, let a contract for $3.7 million in airborne exploration surveys on five blocks in the nonproducing Taoudeni basin in northern Mali.
  • 10/17/2005 -- Series of wells possible in Paraguay
    CDS Oil & Gas Group PLC, London, is preparing to spud the first of what could be a series of exploration wells in nonproducing Paraguay.
  • 10/14/2005 -- Small changes mask big swings for US reserves
    Proved reserves of natural gas in the US were up nearly 2% in 2004, while proved oil reserves fell more than 2%, the Energy Information Administration said.
  • 10/13/2005 -- Sharjah
    Sky Petroleum Inc., Austin, said agreement is reached on the first two infill well locations to be drilled late this year or in early 2006 in Mubarek oil and gas field in the Persian Gulf off the United Arab Emirates.
  • 10/12/2005 -- Oil Search gets Egypt Eastern Desert block
    Oil Search Ltd., Sydney, bought a 100% interest in Eastern Desert Area A on the west side of the central Gulf of Suez from Geopetrol SA, Paris.
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