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Exploration Development 2008 P3

  • 07/01/2008 -- UK's Moth a dual oil, gas-condensate find
    Although not quantified, the Moth exploration well in UK Central North Sea Block 32/21 is a large discovery, said the UK subsidiary of Oilexco Inc., Calgary.
  • 07/16/2008 -- Nova Scotia
    Forent Energy Ltd., Calgary, said it obtained rights to the 466,000-acre Beechhill Block in the Shubenacadie subbasin near Antigonish, NS, Canada (see map, OGJ, Aug. 5, 2002, p. 35).
  • 06/27/2008 -- ExxonMobil-BHP Billiton apply for Turrum Phase 2
    The Melbourne-based JV of ExxonMobil and BHP Billiton has lodged an environmental application for Phase 2 development of Turrum oil and gas field in Bass Strait.
  • 06/26/2008 -- NOC signs E&P deals with Occidental, OMV
    Libya's National Oil Co. has signed exploration and production agreements with Occidental Petroleum Corp. and OMV AG to upgrade their existing petroleum deals (OGJ, Feb. 7, 2005, p. 35).
  • 06/20/2008 -- Goodrich, Chesapeake to develop Haynesville shale
    Goodrich Petroleum and Chesapeake Energy plan a joint venture to develop what is now Goodrich's Haynesville shale acreage.
  • 06/19/2008 -- Garden Banks gas find due subsea tieback
    Mariner Energy said it could start production as early as yearend from a deepwater discovery at its Geauxpher prospect on Garden Banks Block 462 in the Gulf of Mexico.
  • 06/13/2008 -- ExxonMobil to step up exploratory work in the Philippines
    ExxonMobil plans to undertake exploratory operations in the Sulu Sea in the Philippines and could begin drilling exploratory wells in a year's time, according to a senior official.
  • 06/12/2008 -- Hess finds gas off W. Australia with Glencoe-1 wildcat
    Hess Corp. has made a natural gas discovery with its first well drilled off Western Australia.
  • 06/06/2008 -- More operators probe Haynesville gas shale
    More operators are wading into the Jurassic Haynesville shale gas play in Northwest Louisiana and East Texas since Chesapeake Energy called the potential extraordinary earlier this year.
  • 06/05/2008 -- Long sidetrack appraises gulf's Pony find
    A 33,362-ft sidetrack well in Green Canyon Block 468 has successfully appraised Hess Corp.'s 2006 Pony discovery in the deepwater Gulf of Mexico.
  • 05/09/2008 -- OTC: Natural gas hydrates research active, optimistic
    Methane hydrates research has made unexpected strides since 2000, but technical and economic obstacles have to be resolved before hydrates production can be proved feasible, a speaker told OTC May 8.
  • 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.
  • 05/10/2008 -- Apache Julimar NW-1 on NW Shelf logs 43 ft of pay
    Apache Corp. reported May 1 that its Julimar Northwest-1 exploration well on Australia's Northwest Shelf logged 43 ft of net pay in the J-17 Triassic Mungaroo sandstone.
  • 05/07/2008 -- Dallas firm ups Marcellus exploration outlay
    EXCO Resources Inc., Dallas, said it hiked its 2008 Appalachian basin capital budget to $244 million from $69 million as it positions itself to exploit large holdings in the Devonian Marcellus and Huron shale.
  • 05/05/2008 -- Chile awards eight exploration blocks
    Chile has signed contracts with four international oil companies for exploration of eight blocks in the southern Magallanes region.
  • 05/06/2008 -- Texas-Southwest
    TXCO Resources Inc., San Antonio, took encouragement from the first well drilled horizontally in Cretaceous Pearsall shale.
  • 04/29/2008 -- Colombia, Jamaica to seek oil off San Andres
    Colombia's Agencia Nacional de Hidrocarburos (ANH) will join with Jamaica's state-owned oil company to search for oil off San Andres island in the Caribbean, according to a senior official.
  • 04/22/2008 -- PA Resources buys 35% Azurite Marine field stake
    PA Resources AB has acquired a 35% interest in exploration license Mer Profond Sud and Azurite Marine field in Congo (Brazzaville) from Murphy West Africa Ltd. (OGJ, Oct. 12, 2007, Newsletter).
  • 04/15/2008 -- Plains E&P strikes deal to develop off California
    Plains E&P reached an agreement with environmental groups in which Plains will phase out oil and gas production off Santa Barbara County, Calif., and in Lompoc Valley.
  • 04/10/2008 -- Spraberry Trend resource estimate up sharply
    Pioneer Natural Resources estimated that its properties in the Spraberry Trend in West Texas contain 1 billion boe of net resource potential in addition to the 481 million boe of proved reserves booked at yearend 2007.

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