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Exploration Development 2008 P

  • Wed Dec 31 14:12:00 CST 2008 -- Discoveries boost output on Chile Fell Block
    GeoPark Holdings Ltd., Buenos Aires, said it is completing its $57 million 2008 capital program on the 440,000-acre Fell Block in southern Chile's Austral basin.
  • Wed Dec 31 12:12:00 CST 2008 -- Iraq opens second round bidding
    The Iraqi oil ministry has launched the second round of tenders to develop some of its oil and gas fields, hoping to add as much as 2.5 million b/d of oil production capacity.
  • Wed Dec 31 09:12:00 CST 2008 -- Texas-Offshore
    Sonterra Resources Inc., Houston, plans to place on production the Matagorda Bay State Tract 127-1 Unit exploratory well in the Nodosaria-1 formation at 11,700 ft in January 2009.
  • Wed Dec 31 09:12:00 CST 2008 -- InterOil gauges gas while drilling in Papua New Guinea
    InterOil Corp., Toronto, said its Antelope-1 exploration well in Papua New Guinea averaged 2-3 MMcfd of gas while drilling in the Miocene Antelope reef.
  • Wed Dec 31 06:12:00 CST 2008 -- EcoPetrol joins StatoilHydro in Gulf partnership
    StatoilHydro and Ecopetrol America Inc. have agreed to carry out exploration jointly in the Gulf of Mexico and plan to drill three or more wells in the coming years.
  • Tue Dec 30 17:12:00 CST 2008 -- Heritage Oil spuds Giraffe-1 well in Uganda
    Heritage Oil Ltd. has spudded the Giraffe-1 exploration well on Uganda's Block 1, and drilling is expected to be completed within the next 3 weeks.
  • Mon Dec 29 15:12:00 CST 2008 -- Total finds oil near Ofon field off Nigeria
    France's Total SA discovered oil in shallow water near its producing Ofon oil field in southeastern OML 102 off southeastern Nigeria.
  • Mon Dec 29 10:12:00 CST 2008 -- ExxonMobil to drill for gas in Poland
    Poland's environment ministry has given ExxonMobil Poland permission to explore for natural gas deposits in eastern and southeastern Poland.
  • Wed Dec 24 13:12:00 CST 2008 -- StatoilHydro drops rigs procurement for Norwegian Continental Shelf
    StatoilHydro cancelled its rig procurement for operations on the Norwegian Continental Shelf because of high costs and the global economic uncertainty that has dampened oil prices.
  • Tue Dec 23 12:12:00 CST 2008 -- Shell cancels 2009 Beaufort Sea drilling program
    Shell Oil Co. canceled its exploratory drilling program for 2009 in Alaska's Beaufort Sea, a region in which the company invested $44 million as recently as 2005.
  • Tue Dec 23 10:12:00 CST 2008 -- Lundin receives four licenses to Norway North Sea
    Norway awarded Lundin Petroleum AB's wholly owned subsidiary Lundin Norway AS four exploration license interests in the 2008 Norwegian Licensing Round Awards in Predefined Areas in the North Sea.
  • Tue Dec 23 10:12:00 CST 2008 -- GeoPetro Resources extends Bengara-II appraisal
    The Indonesian government granted GeoPetro Resources Co. a 1-year extension to 2010 to submit its work program and 2009 budget to appraise and evaluate commerciality of an oil discovery on Bengara-II Block, Tarakan basin, onshore East Kalimantan.
  • Mon Dec 22 11:12:00 CST 2008 -- BP's Thunder Horse field reaches full production
    BP PLC's Thunder Horse field in the ultra-deepwater Gulf of Mexico has reached full production, achieving production of more than 200,000 boe/d.
  • Fri Dec 19 12:12:00 CST 2008 -- Norway offers 34 licenses on mature shelf
    Norway has offered 34 production licenses to oil companies on the mature part of the Norwegian continental shelf under its Awards in Predefined Areas (APA) program for 2008.
  • Fri Dec 19 12:12:00 CST 2008 -- Vertical Marcellus gas well tops 5 MMcfd
    Atlas Energy Resources LLC, Pittsburgh, said a vertical completion in Devonian Marcellus shale made 81 MMcf of gas in 25 days after an initial 24-hr test at the rate of 5 MMcfd.
  • Fri Dec 19 11:12:00 CST 2008 -- Brazil hails success of 10th round auction
    Haroldo Lima, president of Brazil's hydrocarbons regulator Agencia Nacional do Petroleo (ANP), said the first day of the country's 10th round auction of 130 oil and gas exploration concessions was highly successful. Scheduled for 2 days of bidding, the entire auction was completed in a matter of hours on the first day.
  • Thu Dec 18 12:12:00 CST 2008 -- TAQA lets Subsea 7 service contract for North Sea assets
    TAQA Bratani Ltd. has contracted Subsea 7 Inc. to provide inspection, repair, and maintenance (IRM) services for 1 year over its newly acquired northern North Sea assets.
  • Wed Dec 17 10:12:00 CST 2008 -- Hess discovers oil in Libya Sirte offshore
    Hess Corp. said an exploratory well has encountered a 500-ft gross hydrocarbon section at various intervals in the offshore extension of Libya's mainstay Sirte basin.
  • Tue Dec 16 16:12:00 CST 2008 -- MMS royalty auditing program gets high grade
    An independent review of its royalty auditing program resulted in no significant findings, earning it the highest possible rating, the US Minerals Management Service said on Dec. 16.
  • Tue Dec 16 14:12:00 CST 2008 -- Maple Energy readies rig for Peru's Block 31-E
    Maple Energy said its Maple Rig 1, a 2,000-hp helitransportable diesel electric drilling rig to be used in Peru, has been substantially assembled.