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Exploration Development 2007 P4

  • 10/10/2007 -- Bidders sought again for mature East Timor oil fields
    The TSDA is again attempting to secure an operator for the mature Elang, Kakatua, and Kakatua North oil fields in the northwest corner of the JPDA administered by Australia and East Timor.
  • 10/05/2007 -- Noble well cuts pay off Equatorial Guinea
    Noble Energy Inc. plans further drilling around another promising Benita appraisal well on Block I off Equatorial Guinea.
  • 10/05/2007 -- GOM Lease Sale 205 attracts $2.9 billion in high bids
    More than $2.9 billion in apparent high bids were offered for 723 tracts in the central Gulf of Mexico Lease Sale 205, the US DOI's MMS agencey reported.
  • 12/27/2007 -- Huntington Forties delineation completed
    Oilexco Inc., Calgary, completed appraisal of the Paleocene Forties reservoir at its mid-2007 Huntington two-zone oil and gas discovery on Block 22/14b in the UK North Sea.
  • 12/18/2007 -- Chevron, CNPC to develop Sichuan gas fields
    Chevron and China's CNPC signed a 30-year PSC to develop the 2,000-km Chuandongbei gas area in Sichuan province.
  • 12/12/2007 -- Newfield hails Woodford fracs, longer laterals
    Longer horizontal laterals in Devonian Woodford shale appear to be improving estimated ultimate recoveries in the Arkoma basin in southeastern Oklahoma, said Newfield Exploration Co., Houston.
  • 12/04/2007 -- Apache finds gas with Jade-4 well in Egypt
    Apache will complete the Jade-4 exploration well in Egypt's Western Desert as a gas and condensate producer.
  • 12/03/2007 -- Apache to explore more Tierra del Fuego acres
    Apache Corp. said it won the right to explore for energy in two regions on the Chilean side of the Tierra del Fuego archipelago in the Magellan region.
  • 12/03/2007 -- Seismic work to start in New Zealand's Great South basin
    Consortia led by ExxonMobil Corp. and OMV AG are about to begin a new wave of exploration in New Zealand's Great South basin off the southern South Island.
  • 11/27/2007 -- ExxonMobil plans Libyan exploration program
    ExxonMobil Libya Ltd. will begin exploration in four blocks within Contract Area 21 in the Sirte basin off Libya under a heads of agreement (HOA) signed with Libya's National Oil Corp.
  • 11/26/2007 -- Island Oil report reserves of Kinsale, Schull gas fields
    A P50 analysis indicate a strong commercial basis for Island Oil & Gas to develop the 25.6 million boe of resources off Ireland and the Netherlands.
  • 11/12/2007 -- Sacramento basin Guinda frac encouraging
    An early program to frac the Cretaceous Guinda, a zone just below the staple Forbes formation in California's Sacramento basin, has yielded encouraging results, said Venoco Inc., Denver.
  • 11/07/2007 -- Gulf Lower Tertiary deep wildcats drilling
    Anadarko Petroleum Corp. said it expects to spud two Miocene tests and one Lower Tertiary test in the Gulf of Mexico between November 2007 and January 2008.
  • 01/02/2007 -- Indonesia frontiers megaproject starts
    TGS-NOPEC Geophysical Co. ASA, Asker, Norway, began acquiring a series of nonexclusive geoscientific surveys in Indonesia's underexplored frontier basins.
  • 01/02/2007 -- Aussie JV given nod to develop Woollybutt field
    A joint venture led by ENI Australia has been given the green light to spend $180 million (Aus.) to develop the South Lobe section of the Woollybutt oil field in the Carnarvon basin off Western Australia.
  • 01/02/2007 -- MMS starts environmental review of Sale 181 acreage
    The US Minerals Management Service will begin the necessary environmental reviews of about 580,000 acres in the eastern Gulf of Mexico opened for oil and gas leasing by legislation signed by President George W. Bush on Dec. 20, the Department of the Interior agency said.
  • 01/02/2007 -- PTTEP plans six wells on Block M9 off Myanmar
    Thailand's PTT Exploration & Production PLC (PTTEP), operator of Block M9 in Myanmar's Gulf of Martaban 300 km south of Yangon, plans to expand its drilling program on the block following reports of potential commercial reserves resulting from its latest drilling campaign.
  • 01/02/2007 -- Woodside has gas discovery in Libya
    Woodside Energy (NA) Ltd., a subsidiary of Woodside Petroleum Ltd. and operator of the NC210 Block in the Murzuq basin in Libya, has made a gas discovery with its C1-NC210 exploration well on the block, said joint venture partner Repsol YPF.
  • 01/03/2007 -- Petsec reports another Mobile Bay gas discovery
    Petsec Energy Ltd., Sydney, made a natural gas discovery on Mobile Bay leases in the Gulf of Mexico. Its 50-50 partner is independent Royal Exploration Co. Inc., Corpus Christi, Tex.
  • 01/04/2007 -- Toreador tests second zone in Black Sea well
    A group led by Toreador Resources Corp., Dallas, said the Black Sea Akcakoca-3 well's shallowest zone flowed 20 MMcfd on test at 1,360 psi through a 48/64-in. choke.
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