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Exploration Development 2006 P4

  • 12/12/2006 -- Devon, CNOOC sign deepwater production-sharing contracts
    China National Offshore Oil Corp. and Devon Energy Corp., Oklahoma City, signed production-sharing contracts for deepwater Blocks 64/18 and 53/30, CNOOC Ltd. announced.
  • 12/11/2006 -- Anadarko makes deepwater gulf find at Mission Deep
    Anadarko Petroleum Corp. has made an oil discovery at its Mission Deep prospect on Green Canyon Block 955 in the Gulf of Mexico. The discovery well found more than 250 ft of net oil pay in the primary middle Miocene objective.
  • 12/07/2006 -- Engineering approved for Kipper gas field
    A group comprising ExxonMobil Corp., BHP Billiton, and Santos Ltd. has agreed to begin engineering and design on the Kipper gas field development in the offshore Gippsland basin of southeast Victoria.
  • 12/04/2006 -- Gas flow up at Greater Natural Buttes, Utah
    The giant Greater Natural Buttes area in the Uinta basin reached a milestone in September, averaging a gross 225 MMcfd of gas, said operator Anadarko Petroleum Corp.
  • 12/01/2006 -- Shell, Plains E&P make oil find on Friesian prospect
    Shell Offshore Inc. has made an oil discovery on its Friesian prospect on Green Canyon Block 599 in 3,800 ft of water in the Gulf of Mexico, about 200 miles south of New Orleans.
  • 12/21/2006 -- Anadarko to explore block off Mozambique
    Anadarko Petroleum Corp. has signed a contract with Mozambique for exploration and production of a block in the Rovuma basin in northeastern Mozambique.
  • 12/13/2006 -- Ecuador
    International Sovereign Energy Corp., Vancouver, BC, said state Petroecuador modified the Charapa Concession Agreement and its work program that governs the Charapa Block in the northern Oriente basin.
  • 08/31/2006 -- Swift plans work program for acquired fields
    Swift Energy Co., Houston, plans a development program on properties in southern Louisiana it has agreed to acquire from BP America Production Co.
  • 08/18/2006 -- Devon furthers development plans for Cascade Unit
    Devon Energy plans to drill a fourth well as part of a phased-development plan for the Cascade Unit in the ultradeepwater Gulf of Mexico and intends to use an FPSO to facilitate the start of oil production from two wells in late 2009.
  • 08/17/2006 -- Blackbeard West well has disappointing results
    The Blackbeard West No. 1 exploration test well, operated by ExxonMobil Corp. on South Timbalier Block 168 in 70 ft of water in the Gulf of Mexico, encountered a thin gas-bearing sand below 30,000 ft, but failed to reach its primary targets because of higher than expected pressure, reported Houston-based Newfield Exploration Co., an interest owner.
  • 08/23/2006 -- EnCana shows Scotian deepwater opportunity
    EnCana Corp., Calgary, is trying to attract interest in its EL 2414 Block in the Atlantic east of Sable Island.
  • 08/08/2006 -- PDVSA to drill Orinoco belt appraisal wells
    Venezuela President Hugo Chavez said on his weekly television broadcast that Petroleos de Venezuela SA will start drilling appraisal wells on the Ayacucho Block in the Orinoco Belt in northeastern Venezuela.
  • 08/02/2006 -- Ultra gauges Tuscarora, eyes Pennsylvania
    Ultra Petroleum Corp., Houston, gauged a Silurian Tuscarora natural gas discovery in Tioga County, Pa., and has greatly expanded its acreage position in the area.
  • 08/04/2006 -- Ohio
    PetroQuest Resources Inc., Arlington, Tex., plans to recomplete and restore to production 16 gas and oil wells it has acquired in Vinton County.
  • 03/31/2006 -- Apache farms in to Gippsland basin permit
    Apache Energy Australia, Perth, has farmed in to offshore Gippsland basin permit Vic/P45 held by Moby Oil & Gas Ltd. and Exoil Ltd., both of Melbourne.
  • 03/09/2006 -- Pioneer speeds up Edwards reef gas play
    Pioneer Natural Resources Co., Dallas, is building activity in the Cretaceous Edwards limestone gas trend south and east of San Antonio with a $115 million capital budget in the resource play in 2006.
  • 03/07/2006 -- Newfield presses Oklahoma Arkoma gas plays
    Newfield Exploration Co., Houston, has amassed more than 100,000 net acres since 2002 in Pittsburg, Hughes, and Coal counties in the western Arkoma basin and has built net production to 35 MMcfd of gas.
  • 03/28/2006 -- Encore, ExxonMobil to develop West Texas fields
    Encore Acquisition Co., Fort Worth, and ExxonMobil Corp. have agreed to further develop seven natural gas fields in West Texas jointly.
  • 03/22/2006 -- Nexen says sidetrack confirms gulf oil find
    Nexen Inc., Calgary, said a sidetrack well has confirmed the Knotty Head oil discovery on Green Canyon Block 512 in the Gulf of Mexico.
  • 03/17/2006 -- Contract let for early El Merk field work
    A partnership of Sonatrach and Anadarko Petroleum Corp. chose Brown & Root-Condor to perform initial engineering and detailed design of their proposed El Merk field development on Block 208 in Algeria's Illizi-Ghadames basin (see map, OGJ, Jan. 27, 1997, p. 31).
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Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

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Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.


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The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
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