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Exploration Development 2008 P

  • 12/16/2008 -- China reports northern Xinjiang region gas find
    China's National Mineral Resource Committee has reported PetroChina's discovery of a major gas field, claiming proved reserves of 100 billion cu m, in the Xinjiang Uygur Autonomous Region.
  • 12/16/2008 -- Petromin buys into Papua New Guinea fields
    Papua New Guinea's state company Petromin has bought a 20.5% direct interest in onshore Elk-Antelope gas field discovered by InterOil in the country's Gulf province.
  • 12/16/2008 -- Algeria announces winners of 7th licensing round
    Algeria has granted exploration licenses to Eni SPA, BG Group PLC, OAO Gazprom, and E.On Ruhrgas AG under its latest licensing round.
  • 12/16/2008 -- Buffalo could be Uganda's largest oil field
    The Buffalo-1 discovery on Uganda's Block 1 could become the country's largest oil field, said operator Heritage Oil Ltd., Calgary.
  • 12/16/2008 -- Saratoga developing Vermilion 16 area
    Saratoga Resources Inc., Houston, chasing untapped potential in Vermilion 16 field in state waters off Louisiana, acquired four tracts adjacent to the field and has commissioned a full-field study.
  • 12/15/2008 -- Utah BLM finalizes lease sale; cuts more tracts
    The US Bureau of Land Management's Utah office Dec. 12 said it will offer 132 oil and gas parcels totaling 163,935 acres at its Dec. 19 lease sale.
  • 12/12/2008 -- Qatar
    Qatar Petroleum let a 4-year, multimillion dollar contract to Jaguar Exploration Inc., Houston, for technical and operational supervision and control of Dukhan field 3D seismic survey services.
  • 12/11/2008 -- More West Texas Overthrust exploration set
    Cantex Energy, in partnership with Big Canyon Energy, signed an exploration and development agreement with Slawson Exploration covering the Big Canyon prospect in Terrell County, Tex.
  • 12/11/2008 -- ConocoPhillips, Mubadala sign Kazakh N Block deal
    Kazakhstan's state-owned KazMunaiGas will begin commercial production in 7-8 years from the N Block in the Caspian Sea 30 km off Aktau, according to a senior company official.
  • 12/11/2008 -- New Zealand offers Northland, Raukumara blocks
    New Zealand Crown Minerals offered six exploration blocks in the Northland basin northwest of Auckland and two off East Cape in the Raukumara basin off the North Island.
  • 12/10/2008 -- Pioneer drilling lateral in Eagle Ford shale
    Pioneer Natural Resources Inc., Dallas, is drilling the horizontal leg in Cretaceous Eagle Ford shale at an exploratory well in DeWitt County, Tex.
  • 12/09/2008 -- Cabot to hike Pennsylvania Marcellus program
    Cabot Oil & Gas plans to boost production from Devonian Marcellus shale in northeastern Pennsylvania in the next few weeks from the current 13 MMcfd as it hooks up six vertical and three horizontal wells.
  • 12/09/2008 -- Kazakh firms, BG Group agree to study E&P deals
    KazMunayGas, KazMunaiGas EP, and BG Group have agreed to study upstream opportunities in Kazakhstan and other countries under a cooperation agreement signed Dec. 5 in Almaty.
  • 12/09/2008 -- Haynesville gas flows as high as 28 MMcfd
    Three operators reported new horizontal completions in Jurassic Haynesville shale at rates as high as 28.2 MMcfd of gas.
  • 12/08/2008 -- Busy 2009 seen in western Newfoundland
    Vulcan Minerals Inc., St. John's, expects a busy year in several exploration plays in Newfoundland and Labrador in 2009.
  • 12/08/2008 -- Reindeer gas project off Western Australia postponed
    The Apache Australia-Santos Ltd. joint venture has postponed its Reindeer gas project development off Western Australia, citing the poor global economic outlook that has impacted the project's main customer.
  • 12/07/2008 -- Shell farms into Sicilian offshore licenses
    Northern Petroleum UK Ltd. has brought in as a partner Shell Italia Exploration & Production SPA for its licenses off Sicily under a farmout agreement.
  • 12/05/2008 -- Petrobras reports onshore, offshore oil and gas finds
    Brazil's Petrobras reported traces of oil onshore and an offshore natural gas discovery, according to a filing with the country's hydrocarbons regulator Agencia Nacional do Petroleo.
  • 12/05/2008 -- Bulgarian Black Sea gas business expands
    Melrose Resources PLC said its Kavarna-1 exploration well 7 km east of Galata gas field on the Black Sea shelf off Bulgaria attempted to blow out and was plugged for safety reasons.
  • 12/04/2008 -- US Gulf Coast
    Mining Oil Inc., Houston, a development stage company, set a $23 million budget for its share of costs to drill two properties with Jurasin Oil & Gas Inc., Houston, in South Louisiana and off Mustang Island, Tex.
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