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Exploration Development 2005 P

  • 04/29/2005 -- Venezuela seeks Rafael Urdaneta bids
    Petroleos de Venezuela SA (PDVSA) has distributed bid data for Phase I of its planned Rafael Urdaneta natural gas development project in the Gulf of Venezuela and northeastern Falcón state.
  • 05/03/2005 -- Work due on Colombian block under farmout
    Kappa Resources Colombia Ltd., a private Calgary company, has completed a farmout agreement that allows UK-based Black Rock Oil & Gas PLC to participate and earn an interest in Kappa's 249,000-acre Las Quinchas Association Contract in the Middle Magdalena Valley of Colombia.
  • 05/03/2005 -- Total to develop Akpo field off Nigeria
    Nigerian National Petroleum Corp. (NNPC) has approved the start by Total SA of development of Akpo gas and condensate field on OML 130 in 1,100-1,700 m of water, 200 km off Port Harcourt, Nigeria.
  • 05/03/2005 -- Leads abound from south, east Falklands seismic
    Falkland Oil & Gas Ltd., London, said it gained encouragement from 9,450 line-km of 2D seismic data it acquired in the South and East Falkland basins.
  • 05/09/2005 -- Talisman adds Trenton-Black River gas in New York
    Talisman Energy Inc., Calgary, said its production in the US Appalachian basin averaged 120 MMcfd in the fourth quarter of 2004, up 18% on the quarter and 132% of fourth quarter 2003 output.
  • 05/09/2005 -- PTTEP acquires block south of Tehran
    Thailand's state-controlled PTT Exploration & Production PLC (PTTEP) secured a 25-year license from National Iranian Oil Co. for the Saveh Block, which covers 13,500 sq km south of Tehran.
  • 05/10/2005 -- DTI approves Wood field development
    Paladin Resources PLC subsidiary Paladin Expro Ltd., London, and Energy North Sea Ltd, a Marubeni Corp. subsidiary, received approval to develop Wood oil field in the UK North Sea.
  • 05/11/2005 -- Rig contract signed for two Sumatra wells
    Serica Energy Corp., Toronto, has signed a contract with Indonesian agent PT Lins Petrotama Energi for the use of Northern Offshore Ltd.'s Galaxy Driller semisubmersible for a two-well drilling program off North Sumatra. The $5.7 million contract includes drilling and ancillary services.
  • 05/12/2005 -- Egypt extends BP Suez Gulf concessions
    Egypt and BP Egypt have signed extensions of two Gulf of Suez concessions in effect since the 1960s.
  • 05/16/2005 -- CNPC to develop oil and gas in Uzbekistan
    Chinese National Petroleum Co. (CNPC) plans to invest $600 million in oil and gas development in Uzbekistan, according to a senior manager of state-owned Uzbekneftegaz.
  • 05/17/2005 -- Large extension developing at Colombia's Orito oil field
    A Canadian operator will drill 2-3 more wells this year to exploit a sizable southwestern extension of Orito oil field in the Putumayo basin.
  • 05/18/2005 -- ENI tests oil, gas in Tunisian wildcat
    ENI Tunisia BV has discovered oil and gas in the Nour-1 exploration well on the Adam concession in southern Tunisia, reported Paladin Resources PLC, which holds a 7% interest in the concession.
  • 05/19/2005 -- PetroChina, Shell plan Changbei development
    PetroChina Co. Ltd. and Shell China Exploration & Production Co. Ltd. have signed letters of intent for development of Changbei natural gas field in Shaanxi Province and the Inner Mongolia Autonomous Region in China.
  • 05/20/2005 -- Azerbaijan approves three onshore PSAs
    Azerbaijan President Ilham Aliyev has approved three production-sharing agreements (PSAs) for onshore oil fields.
  • 05/25/2005 -- Israel onshore wildcat approaches target
    Zion Oil & Gas, Dallas, was drilling below 11,571 ft on May 25 at a wildcat reentry projected to Triassic carbonates in northwestern Israel.
  • 05/26/2005 -- Baraka signs MOU for property off Morocco
    Baraka Petroleum Ltd., Perth, has signed a memorandum of understanding (MOU) with Moroccan national oil company Office Nationale de Recherches et d'Exploitations Petrolieres (ONAREP) for the right to examine the undeveloped Cap Juby oil discovery off Morocco.
  • 05/26/2005 -- PTTEP, partners make discovery off Vietnam
    A group including Thailand's PTT Exploration & Production PLC (PTTEP) has made an oil and gas discovery on Block 9-2 off southern Vietnam.
  • 05/26/2005 -- Serica prepares to drill block in Java Sea
    Serica Energy Corp., Toronto, has requested tenders for a rig to drill on its Biliton Block in the Java Sea in late 2005 or early 2006. The block is between Java and Kalimantan.
  • 05/27/2005 -- Aaiun basin off Western Sahara open for licensing
    The Saharawi Arab Democratic Republic has promulgated an international licensing round to cover 12 blocks in the Atlantic Ocean off disputed Western Sahara in northwestern Africa.
  • 05/27/2005 -- Vaalco's South Avouma well reaches total depth
    Vaalco Energy Inc., Houston, operator of Etame Marin permit off Gabon, has reached TD on the South Avouma satellite EAVSM-1 exploration well, reported partner PanOcean Energy Corp. Ltd.

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