-- Tullow appraises Jubilee oil field off Ghana Tullow Oil PLC has tested 4,448 b/d of oil from the Mahogony-2 appraisal well in Jubilee field off Ghana. Tullow reported that it expects to start oil production from Jubilee field in 2010. Its suggested upside could be as much as 1.8 billion bbl of oil.
-- CNOOC completes Bohai Bay discovery China National Offshore Oil Co. successfully completed its wildcat Ken Li (KL) 10-1-1 well, drilled independently in Bohai Bay.
-- Shell awards Oceaneering Perdido subsea works Shell Oil Co. recently awarded a contract to Oceaneering International Inc., Houston, for fabrication and installation of subsea equipment on Shell's ultradeepwater Perdido Regional Development project in the Gulf of Mexico.
-- ExxonMobil lets contracts for Alaska's Point Thomson ExxonMobil Production Co. has let contracts for work in support of the first well of a multiwell drilling program at Point Thomson Unit (PTU) on Alaska's North Slope. The gas-condensate area has no production.
-- Bangladesh selects firms for nine offshore blocks Bangladesh is expected to award eight offshore blocks to ConocoPhillips and one block to Tullow Oil, the chairman of state-run oil and gas company, Petrobangla, told reporters in Dhaka. The blocks are in the Bay of Bengal.
-- Range boosts Marcellus shale high-grade acreage Range Resources Corp. said it has drilled more than 100 wells in the Marcellus shale, including 20 horizontal wells, and has increased its high-graded acreage position to 850,000 net acres out of 1.4 million acres total.
-- House Dems now propose leasing within NPR-A US House Democrat leaders said they would increase available domestic oil and gas acreage by ordering the US Bureau of Land Management to begin leasing tracts within the National Petroleum Reserve-Alaska.
-- Lundin finds oil on Lagansky block in Caspian Sea Lundin Petroleum said its Morskaya-1 exploration well, which was drilled on Lagansky block in the northern Caspian Sea, has encountered a major oil accumulation in the Aptian and Neocomian sandstone reservoirs.
-- Husky presses work in basins off South China Husky Energy Inc., Calgary, has signed on for its eighth block off South China and plans to begin delineating its Liwan 3-1 deepwater gas discovery later this year.
-- Bulgaria Gold Point Energy will prospect for gas in shallow Eocene and Oligocene sandstones on 500 sq km in the Varna Trough of the Western Black Sea basin under an agreement with JKX Oil & Gas and Aurelian Oil & Gas.