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Exploration Development 2008 P

  • 08/28/2008 -- OMV begins Austrian gas production
    To boost Austria's energy supply, OMV AG has started natural gas production from Strasshof and Ebenthal fields in the Vienna basin.
  • 08/28/2008 -- Sevan orders drilling equipment for deepwater rigs
    Sevan Marine has let a $240 million contract to Aker Solutions to provide two drilling equipment packages and possibly a third for deepwater drilling rigs that are under construction.
  • 08/26/2008 -- Chevron to develop Hebron heavy oil off NE Canada
    Chevron Canada Ltd. and its coventurers have this summer finalized legal agreements with Newfoundland and Labrador to develop the Hebron heavy oil fields in the Maritimes off Eastern Canada.
  • 08/26/2008 -- StatoilHydro makes Barents Sea gas find
    StatoilHydro AS discovered natural gas within the Arenaria prospect on Block 7224/6 in the Barents Sea but said it's too early to tell if the gas can be produced because it's from poor quality reservoir rocks of middle Triassic age.
  • 08/26/2008 -- Oil found under Dagny field; gas at Snefrid South
    StatoilHydro has discovered oil and gas in two separate wells on the Norwegian continental shelf (NCS): oil under Dagny gas field, and gas in Snefrid South.
  • 08/25/2008 -- Queensland bans oil shale projects for 2 years
    The Queensland government has placed a 2-year moratorium on oil shale projects, paralysing the proposed Queensland Energy Resources Ltd. (QER) project in the McFarlane deposit about 15 km south of Proserpine on the state's central east coast.
  • 08/23/2008 -- Nautical pursues French exploration licenses
    Nautical Petroleum PLC hopes to secure final award of the Gex and Pontex exploration permits in France next year.
  • 08/22/2008 -- Petroecuador seeks to develop Block 20 heavy oil
    Petroecuador's president said Ivanhoe Energy would begin work within 9 months towards the production of heavy crude oil from Pungarayacu heavy oil field on Block 20 in Ecuador's Oriente basin.
  • 08/22/2008 -- Gassco lets seabed surveys contract
    Gassco AS has let a contract to Sweden's Marine Matteknikk AB to start seabed surveys in September for potential carbon dioxide pipelines.
  • 08/21/2008 -- Dong makes oil find on Ipswich prospect
    Dong E&P Norge AS has discovered oil on the Ipswich prospect in the southern Norwegian North Sea about 290 km southwest of Stavanger.
  • 08/21/2008 -- Swift presses South Louisiana exploration
    Swift Energy Co., Houston, is executing a strategic 3D based South Louisiana exploration program (OGJ, Sept. 24, 2007, p. 34).
  • 08/21/2008 -- UK independents thrive in UK North Sea
    Small and midsized operators are benefiting the most from record oil and gas prices in the UK North Sea as they develop fields that were otherwise too costly in the past, according to Lloyds TSB Bank.
  • 08/21/2008 -- Europe
    Gold Point Energy Corp., Vancouver, BC, let a contact to LO&G Consultants GMBH to study unconventional gas potential in several unspecified Central European basins.
  • 08/21/2008 -- Conroe CO2 flood set as Tinsley responds
    Denbury Resources plans to pay $600 million or more to acquire giant Conroe field north of Houston where it intends to begin injecting CO2 within 5 years in a development project worth $750 million-1 billion.
  • 08/20/2008 -- MMS Lease Sale 207 attracts $487 million in apparent high bids
    Apparent high bids totaling just over $487 million were offered for 319 tracts in the western Gulf of Mexico at Lease Sale 207, reported MMS Aug. 20 in New Orleans.
  • 08/20/2008 -- USGS estimates WSB's undiscovered oil, gas resources
    There are an estimated 3.66 billion bbl of undiscovered oil and 651 tcf of gas north of the Arctic Circle in Russia's West Siberian Basin Province, the USGS said in a recent report.
  • 08/20/2008 -- Appalachian Marcellus, deeper zones eyed
    Zone Oil & Gas signed an exploration and geophysical JV deal with Penn Virginia to explore the Devonian Marcellus shale and Oriskany sandstone and Silurian Tuscarora sand in Pennsylvania.
  • 08/20/2008 -- Stuart takes stake in Oliver field in Timor Sea
    Stuart Petroleum has acquired from the Albers Group a 50% stake in Oliver oil field in the Ashmore-Cartier region (AC/P33) of the Timor Sea.
  • 08/19/2008 -- Bulgarian gas-condensate find indicated
    Direct Petroleum Exploration, a private Denver operator, is referring to an indicated gas-condensate discovery as "the highest pressure gas reservoir ever encountered in Bulgaria."
  • 08/19/2008 -- Atlas Petroleum discovers oil with Tunisia well
    A group of companies led by Atlas Petroleum Worldwide Exploration will drill a sidetrack from the Ras El Besh 3 (REB3) well following an oil discovery on the Sfax permit off Tunisia.
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