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Exploration Development 2008 P

  • 09/11/2008 -- Shell completes Bonga deepwater 4D survey
    Shell's Nigerian subsidiary completed 4D seismic acquisition over deepwater Bonga oil and gas field off Nigeria in an effort to maximize ultimate recovery from the field.
  • 09/10/2008 -- Total increases West Franklin resources in North Sea
    Total SA says that after drilling West Franklin-B appraisal well in high pressure-high temperature West Franklin field in the UK North Sea, it estimates that the field holds as much as 200 million boe.
  • 09/10/2008 -- Nexus farms out two Browse basin liquids interests
    Melbourne company Nexus Energy Ltd. has agreed to farm out to an unnamed company interests in its two Browse basin permits for $309 million.
  • 09/09/2008 -- Tullow finds Uganda's shallowest oil to date
    Tullow Oil said its Kigogole-1 exploration well, the fifth successive discovery in 5 months in Uganda's Butiaba region along Lake Victoria, found light, sweet, movable oil in reservoirs just below 400 m.
  • 09/08/2008 -- MMS: 2007 RIK produced $63 million in benefits
    The US federal oil and gas royalty-in-kind (RIK) program produced more than $63 million in benefits during fiscal 2007, the US Minerals Management Service said in an annual report to Congress.
  • 09/08/2008 -- Chevron to start Makassar Strait gas development
    Indonesia has approved a plan by Chevron Indonesia Co. to develop natural gas reserves in five offshore fields in Makassar Strait.
  • 09/07/2008 -- Hess makes gas find with Nimblefoot off Australia
    Hess Corp. reported that its Nimblefoot-1 exploration well on Australia's Northwest Shelf found 28 m of net natural gas pay.
  • 09/05/2008 -- Iceland invites exploration in licensing round
    Iceland, in its first licensing round, has invited operators to explore for oil and gas in the North Atlantic off northeast Iceland (OGJ, Jan. 7, 2008, Newsletter).
  • 09/05/2008 -- GDF Suez acquires stake in Azerbaijan license
    GDF Suez has taken a foothold in Azerbaijan by acquiring a 15% stake in the offshore EPL D-222, owned 65% by Lukoil Overseas and 20% by the national Azeri company SOCAR.
  • 09/05/2008 -- Chevron's 3 tcf Piceance project gears up
    Chevron Corp. has started gas production in the Piceance basin in northwestern Colorado as part of a $7.3 billion project to develop an estimated 3 tcf of gas in the basin over several decades.
  • 09/04/2008 -- OMV hits double pay with UK discoveries
    A consortium led by Hess Ltd. may declare the Amos oil prospect west of the Shetland Islands as commercial, following completion of its exploration well 4 km north of producing Schiehallion field.
  • 09/04/2008 -- US, Canada to map unexplored Arctic sea floor, USGS says
    The US and Canada will jointly map the unexplored Arctic sea floor where the two countries may have sovereign rights over oil, gas, and other resources, the US Geological Survey announced.
  • 09/04/2008 -- Total signs exploration agreements with Syria
    Total has signed three oil and gas agreements with Syria that will strengthen the group's long-term presence in the country, according to CEO Christophe de Margerie.
  • 09/03/2008 -- Iraq approves CNPC contract for Adhab oil field
    Iraq has approved a $3 billion contract awarded last week by the ministry of oil to Chinese National Petroleum Co. (CNPC) to develop and produce Adhab oil field.
  • 09/03/2008 -- Canadian firm gets 7th of November block
    Joint Oil of Libya & Tunisia has awarded the 7th of November block in the southern Mediterranean to Canadian Superior Energy Inc., Calgary.
  • 09/03/2008 -- Talisman encouraged by Utica shale test
    Talisman Energy Inc. announced what it calls encouraging results for its Quebec unconventional program following a Utica shale test.
  • 09/03/2008 -- Delaware basin shales strain for economics
    The Mississippian Barnett shale has the potential to be a prolific gas producer in the Delaware basin, write geoscientists in the AAPG Bulletin.
  • 09/02/2008 -- Total seeks Syrian oil block PSA extension
    Total SA Chief Executive Christophe de Margerie will accompany French president Nicolas Sarkozy on a state visit to Syria this week, aiming to negotiate the extension of an oil block agreement.
  • 08/30/2008 -- CNPC to develop Ahdab oil field in Iraq
    The Iraqi Ministry of Oil, renegotiating an agreement first signed more than a decade ago, has approved arrangements that will allow state-owned China National Petroleum Co. to develop Ahdab oil field.
  • 08/28/2008 -- StatoilHydro tests sixth gas well on Hassi Mouina license
    StatoilHydro has tested dry gas in appraisal well TNK-2 (Tinerkouk 2) on the Hassi Mouina license area in Algeria and found hydrocarbons in formations of Lower Carboniferous age.
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