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Exploration Development 2007 P
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10/19/2007 -- Ukraine
Ukraine signed the Prykerchenska production-sharing agreement with Vanco International Ltd., a unit of Vanco Energy Co., Houston. -
10/19/2007 -- Eni, NOC to boost Libyan output, update contracts
Eni SPA and Libya's National Oil Corp. signed a wide-ranging agreement aimed at boosting Libya's oil and gas production, with overall investment estimated at $28 billion over 10 years. -
10/18/2007 -- Migas grants NW Natuna group exploration license
Migas, Indonesia's petroleum regulatory agency, has awarded a license to NW Natuna Joint Study group to carry out a G&G program over acreage in the northwest Natuna basin off Indonesia. -
10/18/2007 -- Papua New Guinea offers oil, gas investment incentives
Papua New Guinea is ready to support foreign investment in its oil and gas industry, a senior official told executives from leading Japanese firms Oct. 16. -
10/18/2007 -- Discoveries added in Tunisia's Ghadames
Three oil discoveries are reported in southern Tunisia and large swaths of 3D seismic are being shot. -
10/17/2007 -- Exploration proceeds off Myanmar as crisis boils
Exploration work on Myanmar's Block M9 in the Gulf of Martaban is progressing "normally," according to Thailand's majority state-owned PTTEP, despite Myanmar's biggest street protests in 20 years. -
10/17/2007 -- RWE Dea finds oil in Libya with Sirte basin well
RWE Dea RG has tested 393 b/d of oil from its C1-NC193 exploration well in the Sirte basin onshore Libya. -
10/17/2007 -- Celtic Sea appraisal well finds oil, gas
An appraisal well on the Hook Head structure in the North Celtic Sea basin off Ireland found 75 ft of net pay in 484 ft of gross hydrocarbons in the main target zone. -
10/16/2007 -- PTTEP, Oxy awarded blocks off Bahrain
Thailand's PTT Exploration & Production PLC has won the bid for Block 2, a 2,228-sq-km tract off northern Bahrain that is said to have to have oil potential. -
10/16/2007 -- Petroceltic to drill gas prospects in Italy
Petroceltic plans to drill gas prospects in Italy's onshore Po Valley gas basin in 2008 after buying exploration permits from BG Gas International BV Italian Branch (BG Italia), a subsidiary of BG Group PLC. -
10/15/2007 -- PTTEP plans seismic campaign in northeastern Thailand
Thailand's PTTEP plans to launch early next year a seismic campaign on Blocks L21/48, L28/48, and L29/48, which the company acquired last year in northeastern Thailand. -
10/15/2007 -- Su Tu Den field development off Vietnam approved
Vietnam has approved a $714 million offshore production project sponsored by the five-company consortium Cuu Long Joint Operating Co. to develop Su Tu Den oil field on Block 15-1. -
10/15/2007 -- Japan, China still at impasse over East China Sea dispute
Japan and China Oct. 11 ended their 10th round of talks aimed at resolving the dispute over gas exploration rights in the East China Sea without reaching any agreement. -
10/11/2007 -- Austin outfit eyes Paradox, Hingeline work
Austin independent Royalite Petroleum, owner of 100% working interest in 67,000 acres in Central Utah's Hingeline trend, hopes to explore in the northwestern Paradox basin. -
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. -
10/10/2007 -- BP lets flowline contract for Skarv, Idun fields
BP Norge AS has let a $125 million contract to Subsea 7 Inc. for flowline installations in Skarv and Idun fields in the Norwegian North Sea. -
10/10/2007 -- ONGC plans Mumbai field second-phase redevelopment
India's state-run Oil & Natural Gas Corp. is planning to spend $1.43 billion for the second-phase redevelopment of Mumbai High South (MHS) field. -
10/10/2007 -- ONGC to revise marginal field development deals
India's Petroleum Ministry has asked state-owned ONGC to review its existing mechanism for developing marginal fields, in order to ensure more attractive fiscal packages to attract service contractors. -
10/10/2007 -- Total finds gas on Mahakam block off Indonesia
Total SA has made two natural gas discoveries in the southern part of Mahakam block, 45 km off Balikpapan, Indonesia. -
10/09/2007 -- Heritage acquires block in Iraq, plans drilling
Heritage Oil said it has signed a PSC with the Kurdistan regional government for an exploration license covering the Miran block in the southwest section of the Kurdistan region of Iraq.
