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Exploration Development 2006 P10

  • 11/07/2006 -- Colorado's Florence field due redevelopment
    Colorado's aging Florence oil field, having produced more than 15 million bbl of oil since discovery in 1862, is to be redeveloped using modern technology.
  • 11/07/2006 -- Petrobras declares three areas commercial
    Brazil's state-owned Petroleo Brasileiro SA (Petrobras) declared that three new oil and gas exploration areas will be commercial by yearend.
  • 11/06/2006 -- Total makes two discoveries in UK's Alwyn area
    Total E&P UK PLC made two oil and gas discoveries in the Alwyn area in the UK North Sea, 160 km east of the Shetland Islands and 440 km northeast of Aberdeen.
  • 11/06/2006 -- Eni, Sonangol sign PSA for block off Angola
    Eni SPA has signed a production-sharing contract with Angola's state-owned Sonangol for the 2,984 sq km deepwater exploration Block 15/06, 350 km off Luanda.
  • 11/06/2006 -- SPC, Pertamina sign joint E&P contract
    Singapore Petroleum Company Ltd. (SPC) has signed a memorandum of understanding with Indonesia state firm PT Pertamina for joint exploration and production projects valued at $1 billion.
  • 11/06/2006 -- Shell starts BC-10 development off Brazil
    Shell Exploration & Production Co. and partners have let the first contracts for development, involving subsea liquids-gas separation and pumping, of three deepwater heavy-oil fields on Block BC-10 off Brazil.
  • 11/03/2006 -- Uzbekistan offers investment options to Japanese
    Uzbekistan has offered Japanese companies participation in five investment projects connected with the country's oil and natural gas industry, according to first deputy CEO of the Uzbekneftegaz National Holding Shavkat Mazhitov.
  • 11/02/2006 -- CNOOC, NIOC in talks to develop North Pars field
    China National Offshore Oil Corp. is in talks with state-owned National Iranian Oil Co. to further develop a major offshore natural gas field, according to Chinese state media.
  • 11/02/2006 -- Iran plans Azadegan tenders, Pars Phases 6-8
    Tender documents for Iran's Azadegan development are expected to be ready by Dec. 15, said Gholamhoseyn Nowzari, National Iranian Oil Co. (NIOC) managing director, at an NIOC seminar in Tehran.
  • 11/01/2006 -- Japex ups gas deliveries, eyes Sakhalin tunnels
    Japan Petroleum Exploration Co. (Japex) plans to drill as many as eight additional natural gas wells in its Yufutsu gas field in Tomakomai, Hokkaido, where it already has eight wells in production.
  • 10/31/2006 -- RWE Dea makes oil find in Libya
    Germany's RWE Dea AG made an oil discovery with its A1-NC 193 well drilled in Libya's Sirte basin 500 km southeast of Tripoli.
  • 10/31/2006 -- Texas-South
    EnCana Oil & Gas (USA) Inc., Calgary, spudded the Barclay 162-2 well in late September in Maverick County, the first of eight wells originally planned in 2006 to target the gas-prone, overpressured Cretaceous Pearsall shale.
  • 10/31/2006 -- Aramco lets FEED contract for Manifa field
    Saudi Aramco has let a front-end engineering and design (FEED) and project management services contract to two units of Foster Wheeler Ltd. for development of offshore Manifa oil and gas field.
  • 10/30/2006 -- Petronas group to explore Timor Sea block
    A consortium of Petronas, Korea Gas, Samsung, and LG International has received a production-sharing contract for Block 06-102 in the Timor Sea between East Timor and Australia.
  • 10/27/2006 -- MMS Beaufort Sea lease sale set for March
    The US Minerals Management Service in Anchorage has scheduled March 2007 for its next oil and gas lease sale in the Beaufort Sea off Alaska's North Slope.
  • 10/25/2006 -- Nexus plans, funds Crux field development
    Melbourne independent Nexus Energy Ltd. plans to drill the Crux-2 appraisal well in December in Crux gas-condensate field on Permit AC/P23 in the Browse basin off Western Australia.
  • 10/25/2006 -- Oregon
    Brownstone Ventures Inc., Toronto, plans to buy a 2% participating interest from Savant Resources LLC, private Denver independent, in 366,973 net acres in the Columbia River basin in Oregon for $1.7 million.
  • 10/24/2006 -- Ithaca Energy completes Athena well test
    Ithaca Energy Inc. has completed a test of the 14/18b-15 well on the Athena project in the Outer Moray Firth area of the UK continental shelf (OGJ Online, Oct. 12, 2006).
  • 10/24/2006 -- Spain
    Eurogas Corp., Calgary, said its Spanish subsidiary signed an assistance contract with ACS Group, a Spanish industrial group, for development of the Castor underground gas storage project in the Gulf of Valencia off Spain.
  • 10/24/2006 -- Talisman to develop Galley, Duart fields in UK North Sea
    Talisman Energy (UK) Ltd. intends to begin production in fourth quarter 2007 from two UK North Sea fields. Plans are to redevelop Galley oil field and to prepare plans for submission to the Department of Trade and Industry for Duart field.
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