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Exploration Development 2008 P

  • 05/30/2008 -- test
  • 05/29/2008 -- OVL looks to sell equity in Vietnam oil blocks
    ONGC Videsh Ltd. (OVL), the overseas arm of India's state-owned Oil & Natural Gas Corp., plans to sell 30-40% equity in each of two oil blocks in Vietnam to share the risks and drilling costs. OVL owns 100% in the two deepwater exploration blocks.
  • 05/29/2008 -- Japex investments seek to double reserves
    Japan Petroleum Exploration Co (Japex) plans to invest ¥240 billion over the next 5 years to double reserves to 350 million boe by March 2013 from 170 million bbl of crude at the end of March 2007.
  • 05/28/2008 -- Woodford a horizontal Anadarko basin target
    Cimarex Energy Co., Denver, is pursuing gas and oil in Devonian Woodford shale with horizontal wells in the Anadarko basin in western Oklahoma.
  • 05/28/2008 -- Total makes gas, condensate find off Brunei
    Total has made a gas and condensate discovery with its MLJ2-06 well drilled on Block B off Brunei.
  • 05/27/2008 -- MMS proposes plan to distribute first OCS revenue shares
    The US MMS is proposing regulations to distribute qualified federal OCS oil and gas revenues to four Gulf Coast states and their eligible coastal governmental subdivisions.
  • 05/27/2008 -- Inpex upgrades Ichthys gas-condensate reserves
    Japanese company Inpex Australia has announced an increase in reserves estimates for its deepwater Ichthys gas-condensate field in the Browse basin off Western Australia.
  • 05/27/2008 -- Total signs PSC with Petronas for two Malaysian blocks
    Total E&P Malaysia will shoot seismic and carry out HP-HT exploration drilling on two blocks it acquired in Malaysia under a PSC signed with Petronas.
  • 05/26/2008 -- Petrobras consortium has oil find off Brazil
    A consortium comprised of Brazil's state-owned Petroleo Brasileiro SA (Petrobras) 66%, Royal Dutch Shell PLC 20%, and Galp Energia SGPS SA 14% has made an oil discovery on ultradeepwater Block BM-S-8 in the Santos basin off Brazil.
  • 05/23/2008 -- Georgia
    Frontera Resources Corp., Houston, is installing production tubing after frac of the Zone 9 reservoir at 2,300 m at the T-45 well in the Taribani Field Unit on Block 12 in Georgia's Kura basin.
  • 05/23/2008 -- Indonesia awards five blocks
    The Indonesian government has awarded five oil and gas blocks to five international oil companies, including Lundin Oil & Gas BV, Murphy Overseas Venture Inc., Eni Indonesia Ltd., Genting Oil & Gas Ltd., and a consortium of CNOOC Ltd., Southeast Asia Ltd., and Petronas Carigali Overseas Sdn. Bhd.
  • 05/23/2008 -- Norwood logs second pay zone in Nicaragua
    Norwood Resources Ltd., Vancouver, BC, logged 138 ft of potential net hydrocarbon pay in its third exploratory well in southwestern Nicaragua and identified 387 ft of net pay in a previously drilled well.
  • 05/23/2008 -- Three Sindh Province, Pakistan, finds reported
    Three oil and gas discoveries have been reported from Sindh Province, Pakistan: Petronas Carigali (Pakistan) Ltd. made a gas-condensate discovery with its Saqib-1A well on the Mubarak Block.
  • 05/22/2008 -- Shell plans more Tucumcari exploration
    A Shell Oil Co. affiliate plans to mount an exploratory drilling program for tight gas in eastern New Mexico's nonproducing Tucumcari basin.
  • 05/20/2008 -- Taitai discovery extends Uganda prospectivity
    An oil discovery at Taitai in the Butiaba area of Uganda's Block 2 "proves the existence of a working petroleum system over 70 km from the previous wells in the Kaiso-Tonya region," said Tullow Oil PLC.
  • 05/20/2008 -- EBRD loan, project stake advance ESPO pipeline
    The European Bank for Reconstruction and Development will lend money towards an oil exploration project that Russian firm Irkutsk Oil plans to launch jointly with Japan.
  • 05/20/2008 -- BG Norge finds oil, gas in Norwegian North Sea
    BG Norge AS has found oil and gas with exploration well 15/12-19 on Production License 292 (PL 292) in the Norwegian North Sea.
  • 05/20/2008 -- Trinidad and Tobago offers five blocks for bid
    Trinidad and Tobago Energy Minister Conrad Enill said the twin-island nation is offering five new exploration blocks in its 2008 bid round.
  • 05/19/2008 -- US, Japan agree to joint methane hydrate study
    Japan has decided to pursue joint research and development on methane hydrate with the US, aiming to commercialize it as an energy source by 2018.
  • 05/19/2008 -- BLM releases final leasing plan for NPR-A's northeast portion
    The US Bureau of Land Management released a supplemental final plan for leasing in the National Petroleum Reserve-Alaska's northeast portion.
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