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Exploration Development 2008 P4

  • 04/09/2008 -- Pioneer developing Raton Pierre shale gas
    A shale gas play on the Colorado side of the Raton basin has recovery potential exceeding 2 tcf of gas net to Pioneer Natural Resources from about 21 tcf in place on its acreage, the company said.
  • 04/09/2008 -- Chesapeake sees large potential in US plays
    A Jurassic Haynesville shale play in Louisiana, with only a few wells producing gas so far, could eventually be worth 7.5-20 tcf of recovery net to Chesapeake Energy Corp., the company said in late March.
  • 04/02/2008 -- Quebec Utica shale gas development eyed
    Forest Oil Corp., Denver, plans to drill three horizontal wells this year in an emerging play for gas in Ordovician Utica shale in Quebec's St. Lawrence Lowlands.
  • 03/19/2008 -- Total acquires interest in Alaskan blocks
    Total SA will join Chevron Corp. in exploring the onshore White Hills blocks in Alaska by drilling three wells for the winter season.
  • 03/14/2008 -- Petronas seeks nod to develop Natuna D-Alpha block
    Malaysia's Petronas has expressed interest in developing Indonesia's Natuna D-Alpha block, whose operator status remains in limbo.
  • 03/06/2008 -- Luthi: OCS leasing must move beyond gulf
    More federal OCS areas must be opened for oil and gas leasing if the US expects to limit its energy imports, said US MMS Director Randall B. Luthi.
  • 03/03/2008 -- EOG makes Barnett shale oil discovery
    EOG Resources Inc. announced an oil discovery in the Barnett shale region near Fort Worth, Tex., where EOG has drilled for natural gas since 2004.
  • 02/29/2008 -- EOG to pursue North Park basin Niobrara oil
    EOG Resources plans to drill seven wells in 2008 and is shooting a 36 sq mile 3D seismic survey in a horizontal play for oil in Cretaceous Niobrara in Colorado's remote North Park basin.
  • 02/26/2008 -- Continental touts Michigan TBR program
    Continental Resources plans to drill five more wells in the second and third quarters in an Ordovician Trenton-Black River oil and gas play in Hillsdale County, Mich.
  • 02/20/2008 -- EOG to corner North Dakota Bakken play
    EOG Resources booked 21 million boe of proved reserves in Parshall field in the North Dakota Bakken shale oil play and is still comfortable with its previous estimate that net reserves will eventually reach 80 million bbl.
  • 02/13/2008 -- MMS expects $362.5 million in latest RIK oil sale
    The US MMS expects to gross $362.5 million from its latest RIK oil sale from federal offshore leases in the Gulf of Mexico and Pacific Ocean, the Department of the Interior agency reported.
  • 02/07/2008 -- Chukchi Sea lease sale draws $2.66 billion in high bids
    Oil and gas producers submitted $2.66 billion in apparent high bids in a record-breaking offshore federal lease sale in Alaska, the US Minerals Management Service said Feb. 6.
  • 02/01/2008 -- Chevron completes Big Foot well in deepwater gulf
    Chevron Corp. reported the successful completion of an appraisal well at its Big Foot prospect in the deepwater Gulf of Mexico.
  • 01/31/2008 -- Whiting presses Bakken work at Sanish, ND
    Whiting Petroleum Corp., Denver, plans to drill 30 wells with at least an average 80% working interest in 2008 at Sanish field in North Dakota.
  • 01/22/2008 -- Karoon farms in to Block Z38 off Peru
    Karoon Gas Australia has signed a farm-in agreement with Vietnam American Exploration for exploration of a permit in northern Peru.
  • 01/14/2008 -- Peru's Ucayali gets big gas-condensate find
    A group led by Repsol-YPF SA started production tests at a gas-condensate discovery on Block 57 in Peru's Ucayali basin.
  • 01/04/2008 -- Apache has drilling success with Argentine well
    Houston independent Apache reported that its Seccion Banos-2004 well on the Argentine side of Tierra del Fuego island is producing 1,635 b/d of oil and 1.3 MMcfd of gas.
  • 01/02/2008 -- Sonatrach, QP to farm into Mauritania blocks
    Sonatrach and Qatar Petroleum are about to farm into Total's two blocks in Mauritania, according to Chief Executive Christophe de Margerie.
  • 01/03/2008 -- Natuna D-Alpha gas field development pact nears
    Indonesia and ExxonMobil Corp. are nearing an agreement to renew their contract for development of Natuna D-Alpha gas field in the Natuna Sea, about 140 miles east-northeast of Natuna Island.
  • 01/03/2008 -- Iraq starts licensing round prequalification process
    Iraq's Oil Ministry has invited international oil companies to submit applications for a prequalification process ahead of the country's planned oil licensing round.

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