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Exploration Development 2007 P5

  • 01/05/2007 -- Vietnam, China to jointly explore in Tonkin Gulf
    Vietnam has approved an agreement with China to jointly explore for oil and gas offshore in the Gulf of Tonkin. The deal was signed during Chinese President Hu Jintao's visit to Hanoi last November.
  • 01/08/2007 -- Antrim tests another Tierra del Fuego well
    Antrim Energy Inc., Calgary, said the 16th well in its 2006 19-well drilling program in Tierra del Fuego, Argentina, tested successfully.
  • 01/08/2007 -- Ireland to hold new licensing round in 2007
    Ireland will hold a new licensing round, offering exploration acreage in the Porcupine basin on unlicensed blocks in a 63,500 sq km area, said Noel Dempsey, minister for communications, marine, and natural resources.
  • 01/10/2007 -- Idemitsu to start drilling off Vietnam this month
    Idemitsu Oil & Gas Co. Ltd., Tokyo, plans to begin exploratory drilling operations this month in Block 05-1(b) and 05-1(c) off Vietnam, 300 km southeast of Ho Chi Minh City.
  • 01/10/2007 -- Vermilion to drill wildcat off southwest France
    Vermilion REP, a subsidiary of Calgary-based Vermilion Resources Ltd. and Vermilion Exploration SAS, is planning to drill an exploration well on the Aquitaine maritime permit which covers a 1,211 sq km area in the northern part of offshore Aquitaine basin in southwest France.
  • 01/10/2007 -- Indago Petroleum completes well tests off Oman
    A joint venture led by Indago Petroleum, Dubai, reported the West Bukha-2A (WB2A) well on Block 8 off Oman flowed on final test at 12,750 b/d of oil and 26 MMscfd of gas from two zones.
  • 01/11/2007 -- Rift to drill wells in Papua New Guinea field
    UK-based Rift Oil PLC has identified new drilling locations in the northern part of Douglas gas-condensate field in Papua New Guinea after interpreting seismic data which also indicates that it would be worth drilling the nearby Puk Puk prospect.
  • 01/11/2007 -- Norwegian firms submit plan to redevelop Yme oil field
    Talisman Energy Norge AS and license partners in PL 316, Revus Energy and Pertra, have informed the Norwegian energy ministry that they wish to redevelop Yme oil field in the Norwegian North Sea
  • 01/11/2007 -- Eni drills wildcat in Norway's Goliat structure
    Eni Norge has found an oil column in the Kobbe formation from the Middle Triassic Age after completing its sidetrack 7122/7-5 A on the Goliat main structure and the 7122/7-5 wildcat well on the Goliat West structure.
  • 01/12/2007 -- Palo Duro gas well to get long-term test
    A long-term test is to begin in the first quarter at a Pennsylvanian Bend shale well in the Palo Duro basin.
  • 01/16/2007 -- Coastal Tanzania gets gas discovery
    Maurel & Prom, Paris, reported a stabilized gas flow rate of 19.2 MMcfd in 4 hr from the Upper Cretaceous Ruaruke formation at 2,030 m in the Mkuranga-1 exploration well in coastal Tanzania.
  • 01/16/2007 -- Heritage finds oil-bearing zones in Ugandan well
    Heritage Oil has found oil-bearing zones totaling 40 m in its Kingfisher-1A sidetrack well on Uganda's Block 3A in Lake Albert. The block spans 1,991 sq km.
  • 01/16/2007 -- Statoil's Alve field to produce in late 2008
    Statoil ASA plans to spud a well on Aug. 1 and start production in December 2008 from its Alve gas-condensate field in the Norwegian Sea.
  • 01/16/2007 -- Indonesia to offer 30 blocks in 2007
    Indonesia plans to offer 30 new oil and gas blocks later this year, mostly in the deep waters of Papua and Nusa Tenggara, along with a package of incentives for investors.
  • 01/17/2007 -- Gran Tierra completes well tests in Argentina
    Gran Tierra Energy Inc., Calgary, has tested a deeper oil pool accumulation with the Puesto Climaco-2D (D-2) sidetrack well on the Vinalar Block in the Noroeste basin of northern Argentina.
  • 01/17/2007 -- Eni, Pertamina team up in exploration projects
    Eni SPA and Indonesia's state-owned PT Pertamina (Persero), under a memorandum of understanding signed Jan. 17, have established joint work groups to identify new exploration and production opportunities in Indonesia and abroad.
  • 01/18/2007 -- Talisman tests large oil flows off Vietnam
    Talisman (Vietnam 15-2/01) Ltd. reported that its Hai Su Trang (HST) exploration well on Block 15-2/01 about 50 miles off eastern Vietnam has tested at a combined rate of 14,863 b/d of oil through a 2-in. choke at an average surface pressure of 450 psi.
  • 01/18/2007 -- Snøhvit group: gas field's oil uneconomic
    Developing associated oil from the Snøhvit field in the Barents Sea is uneconomic, the Snøhvit consortium has agreed, and so it will focus solely on natural gas production.
  • 01/18/2007 -- EnCore farms out North Sea interests
    EnCore Oil PLC, London, has relinquished interests in Block 43/8, in the Atlantic Ocean's Porcupine basin, and Block 47/9c, in the southern gas basin of the UK North Sea, under a farmout agreement signed with Star Energy and Venture Production respectively.
  • 01/18/2007 -- Nexus revises Shell's Browse basin farmin
    Nexus Energy Ltd. of Melbourne has revised a major farmout deal with Shell Development Australia for joint appraisal of its Echuca Shoals gas-condensate discovery in the Browse basin off Western Australia.
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