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Exploration Development 2007 P11

  • 03/28/2007 -- RIK gas sale to bring in $1 billion in revenues
    The US Treasury will gain more than $1 billion in revenues following the latest federal royalty in-kind natural gas sale, the Minerals Management Service said on Mar. 27.
  • 03/28/2007 -- Statoil, Sonatrach gauge potential of Hassi Mouina well
    Operator Statoil ASA reported its Hassi Mouina exploration and appraisal well in Algeria has produced gas at 7,083 standard cu m/hr from a depth of 1,131-42 m.
  • 03/29/2007 -- Final flow rates given for Alapli well off Turkey
    Toreador Resources Corp. and its partners reported that final test results from the Alapli-1 exploration well yielded a commingled flowrate of 7 MMcfd of gas from just outside the South Akcakos subbasin in the Black Sea off Turkey.
  • 03/30/2007 -- EnCana lets FEED contract for Deep Panuke field
    EnCana let a FEED contract to Intec Engineering and IMV Projects Atlantic for the subsea and pipeline design for EnCana's Deep Panuke dry gas development off Nova Scotia.
  • 03/30/2007 -- Vega fields off Norway due subsea systems
    Norsk Hydro AS let a $200 million contract to FMC Technologies Inc. for subsea systems for Hydro's Vega and Vega South gas-condensate fields on Blocks 35/8 and 35/11 in 380 m of water in the Norwegian North Sea.
  • 03/30/2007 -- Turkey plans launch of exploration licensing round
    Turkey plans to launch tenders in April for oil and natural gas exploration licenses off its Mediterranean coast, according to state media.
  • 03/30/2007 -- Maghreb Petroleum discovers gas in Moroccan well
    Natural gas has been found in wildcat well TE-5 drilled on Block C in Morocco, said well operator Maghreb Petroleum Exploration SA (MPE).
  • 04/02/2007 -- Well planned on Morpheus prospect in UK North Sea
    Ithaca Energy Inc. reported plans for a well targeting the Leman sandstone to spud on the P1245 license in the UK North Sea. Ithaca holds 60% in the prospect.
  • 04/03/2007 -- PTTEP's second Gulf of Martaban well shows gas
    Thailand's PTT Exploration & Production PCL (PTTEP) said an additional exploration well drilled on Block M9 in Myanmar's Gulf of Martaban has tested natural gas.
  • 04/03/2007 -- Dominion acquires block off Tanzania
    Dominion Petroleum Ltd. has signed a production-sharing agreement with Tanzanian government agency Tanzanian Petroleum Development Corp. (TDPC) for an exploration block off eastern Tanzania.
  • 04/03/2007 -- RWE Dea makes another oil strike in Libya
    Germany's RWE Dea AG has made its second oil discovery in the Sirte basin in Libya.
  • 04/04/2007 -- Petrobras lets FEED contract for Canapu field
    Petroleo Brasileiro SA (Petrobras) has let a front-end engineering design contract to Intec Engineering for a pipe-in-pipe flowline project in deepwater Canapu oil and gas field 75 km off Espirito Santo, Brazil.
  • 04/05/2007 -- Southern Tanzania gas project growing
    Artumas Group Inc., Calgary, expects its Msimbati-1X exploration well to become the second hydrocarbon discovery in the Mnazi Bay concession, Rovuma basin, in southern Tanzania.
  • 04/05/2007 -- Petrobras to invest $1 billion in Ecuador
    Brazil's state-owned Petroleo Brasileiro SA (Petrobras) and Ecuador's state oil firm Petroecuador signed a memorandum of understanding Apr. 5 to develop Ecuador's Ishpingo-Tiputini-Tambococha oil fields in the Amazon region.
  • 04/09/2007 -- IPR, OVL find oil on North Ramadan block
    IPR Inc., Irving, Tex., and ONGC Videsh Ltd. (OVL), Mumbai, have made an oil discovery with the first exploration well on the North Ramadan concession in the Gulf of Suez.
  • 04/09/2007 -- Daewoo seeks more gas off Myanmar
    South Korea's Daewoo plans to begin exploring for more natural gas off Myanmar, according to Myanmar's state-run media.
  • 04/09/2007 -- Tullow to spud well in Kudu gas field
    Tullow Oil has reached agreement to sell to Japan's Itochu a 20% interest in its Republic of Namibia Production License No. 001, which contains giant Kudu gas field, off Namibia.
  • 04/12/2007 -- BRPC has apparent success with Gwydyr Bay well
    Brooks Range Petroleum Corp. (BRPC), operator of the ADL 47468 lease on Alaska's North Slope, has made an apparent discovery with one of two wells in the Gwydyr Bay Prospect Area.
  • 04/12/2007 -- China claims disputed East China Sea Chunxiao field
    China said its exploration for oil and natural gas in the East China Sea does not fall into waters shared with Japan and can be conducted on a unilateral basis.
  • 04/12/2007 -- Island Oil & Gas completes farmouts off Ireland
    Island Oil & Gas PLC, Dublin, has concluded separate farmout agreements for two licenses off Ireland.
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