Exploration Development 2007 P

10/31/2007 -- Apache tests more gas in Egypt's Western Desert
Apache reported that its Jade-2x well in Egypt's Western Desert flowed on test 26.7 MMcfd of gas and 1,325 b/d of condensate from the Jurassic Alam El Bueib-6 formation.
10/31/2007 -- MMS raises royalty for OCS Sales 206 and 224
The US government has raised the royalty rate on new offshore leases for the second time this year.
10/31/2007 -- Verenex makes oil find in Libya's Ghadames basin
Libya's National Oil Corp. has announced an oil discovery at Verenex Energy Inc.'s exploration well C1-47/02 in the Ghadames basin.
10/31/2007 -- Pinedale deep test flares gas from Blair
Ultra Petroleum said its Mesa 10D-33 deeper pool wildcat in Wyoming's giant Pinedale field is at 17,504 ft and has been flaring gas continuously while drilling since topping the Cretaceous Blair shale formation at 16,204 ft.
10/30/2007 -- Illinois
BPI Energy said it sold 185.3 MMcf of coalbed methane from its Illinois basin properties in the fiscal year ended July 31, up 37% on the year.
10/30/2007 -- Anterra to develop Judy Creek Swan Hills find
Anterra Energy Inc., Calgary, plans an extensive program near an oil discovery in the Judy Creek area of west-central Alberta in 2008, subject to board approval.
10/26/2007 -- Devon's Paktoa a giant Beaufort oil find
Devon Canada discovered 240 million bbl of recoverable oil at the Paktoa C-60 wildcat while exploring for gas in the Canadian Beaufort Sea in 2006, the company said.
10/26/2007 -- Indonesia to sign $10 billion in oil, gas contracts
Indonesia will sign $10 billion worth of contracts next week at the Asia Pacific Oil & Gas Conference & Exhibition 2007, according to a senior official.
10/26/2007 -- Aminex signs production-sharing contract in Kenya
Aminex will collect seismic data and drill exploration wells on land and offshore acreage in Kenya under a PSC awarded by the Kenyan energy ministry.
10/26/2007 -- Gazprom selects StatoilHydro to develop Shtokman gas field
StatoilHydro will help Gazprom develop the massive 3.7 trillion cu m Shtokman gas field in the Russian sector of the Barents Sea under a framework agreement signed Oct. 25.
10/26/2007 -- Eni aims to increase Longhorn gas reserves
Italy's Eni expects to increase the estimated reserves of the deepwater Longhorn gas discovery in the Gulf of Mexico after testing its last appraisal well, but it did not indicate by how much.
10/26/2007 -- Woodford shale gas target in Ardmore basin
Operators are producing gas-condensate from Mississippian Woodford shale in the Ardmore basin in southern Oklahoma and looking toward higher flow rates and lower well costs.
10/25/2007 -- ONGC demands switch in Palk Bay exploration site
India's ONGC has asked the central government to shift the location of its shallow-water oil exploration block in Palk Bay because the country's environment department says the block is under a marine biosphere.
10/25/2007 -- EnCana ends Columbia River exploration
EnCana Corp., Calgary, said it concluded its Columbia River basin exploration program in south-central Washington without establishing commercial gas flow rates.
10/25/2007 -- Pacific Stratus tests gas well in Lower Magdalena basin
The La Creciente-3 well in the Lower Magdalena basin tested gas at extrapolated rates as high as 25 MMcfd and indicated a production potential similar to that measured at the La Creciente-1 discovery well.
10/24/2007 -- Forest Oil tests Monte Pallano well in Italy
Forest Oil Corp. has tested a second discovery well and an additional zone in its initial discovery well in the Monte Pallano area of central Italy.
10/23/2007 -- North Dakota Bakken oil work detailed
Operators are pressing exploration and development in the Williston basin Bakken shale oil play in northwestern North Dakota.
10/23/2007 -- Gas Plus farms into Sterling's Romanian acreage
Gas Plus International will take a 15% working interest in the Midia and Pelican blocks off Romania, including the Doina gas discovery on Midia, under a farmin agreement signed with Sterling Resources.
10/23/2007 -- Llanos Corcel discovery on test in Colombia
The Corcel-1 discovery well in the Llanos basin 60 miles east of Bogota, Colombia, went on 6-month production test Sept. 7 and is averaging more than 4,500 b/d of oil with a 10% water cut, said operator Petrominerales.
10/19/2007 -- Russia
Centric Energy Corp., London, has drilled to 3,170 m enroute to the first objective horizon at 3,250 m at the South Temryuk-1 exploration well in the Azov-Kuban basin in southwestern Russia near the Azov Sea.

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Exploration Development 2007 P