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Exploration Development 2008 P2

  • 10/10/2008 -- Anadarko reports presalt discovery off Brazil
    Anadarko Petroleum Corp. has reported a presalt discovery at the Wahoo prospect in the Campos basin off Brazil.
  • 10/08/2008 -- Atlas Energy gears up Pennsylvania Marcellus
    Atlas Energy Resources is the largest producer of gas from Devonian Marcellus shale and has drilled more than 80 wells, almost all of them vertical, the company said in a webcast Oct. 8.
  • 10/02/2008 -- Chesapeake presses 3D seismic work in Fort Worth
    Chesapeake Energy Corp. has drilled 82 wells and has five rigs drilling for gas in the Barnett shale in Newark East field on its 18,000-acre lease on the Dallas-Fort Worth International Airport in the Fort Worth basin.
  • 09/25/2008 -- Oxy to buy Plains Permian, Piceance interests
    Occidental Petroleum Corp., Los Angeles, plans to pay Plains Exploration & Production Co. $1.25 billion for the 50% interest Oxy doesn't own in properties in the Permian and Piceance basins.
  • 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.
  • 09/05/2008 -- 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.
  • 09/03/2008 -- 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.
  • 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 -- 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.
  • 08/01/2008 -- 3D Oil considering development of West Seahorse
    3D Oil is considering a possible tie-in to existing ExxonMobil-operated infrastructure in the Bass Strait as a way of developing its small West Seahorse oil field on permit Vic/P57.
  • 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 -- 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.
  • 08/14/2008 -- Tupi area presalt oil finds likely contiguous
    Oil discoveries in the presalt layer off Brazil, triggered by last year's Tupi find, are likely to be contiguous, according to a Brazilian oil company expert.
  • 08/08/2008 -- Hess makes oil find off Denmark
    Hess Corp. has discovered oil with the South Tor Pod exploration well off Denmark.
  • 07/30/2008 -- Apache boosts Egypt western desert output
    Apache Corp. said it has proved a Jurassic Safa formation oil play that could cover as much as 830 sq miles in Egypt's western desert, most of it on company-operated acreage.
  • 07/17/2008 -- WoodMac to aid Pertamina name Natuna developers
    Indonesia's state-owned PT Pertamina will appoint Wood Mackenzie Consultants Ltd. to advise on choosing partners to develop the giant Natuna D-Alpha gas field.
  • 07/24/2008 -- Haynesville gas logged at Bethany-Longstreet
    A well in Bethany-Longstreet field in northwestern Louisiana has encountered gas in two Haynesville shale (Jurassic Lower Bossier) intervals, said Cubic Energy Inc., Dallas.
  • 07/16/2008 -- 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.
  • 07/15/2008 -- 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.
  • 07/10/2008 -- Chevron appraises gas find in Iago field off W. Australia
    Chevron Australia has made what it is calling a "significant extension" to Iago natural gas field in the Carnarvon basin off Western Australia.

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