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Exploration Development 2008 P4

  • Wed Apr 09 16:04:00 CDT 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.
  • Wed Apr 09 11:04:00 CDT 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.
  • Wed Apr 02 14:04:00 CDT 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.
  • Wed Mar 19 11:03:00 CDT 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.
  • Fri Mar 14 12:03:00 CDT 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.
  • Thu Mar 06 09:03:00 CST 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.
  • Mon Mar 03 11:03:00 CST 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.
  • Fri Feb 29 15:02:00 CST 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.
  • Tue Feb 26 10:02:00 CST 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.
  • Wed Feb 20 12:02:00 CST 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.
  • Wed Feb 13 11:02:00 CST 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.
  • Thu Feb 07 09:02:00 CST 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.
  • Fri Feb 01 14:02:00 CST 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.
  • Thu Jan 31 10:01:00 CST 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.
  • Tue Jan 22 14:01:00 CST 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.
  • Mon Jan 14 15:01:00 CST 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.
  • Fri Jan 04 11:01:00 CST 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.
  • Wed Jan 02 10:01:27 CST 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.
  • Thu Jan 03 16:01:00 CST 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.
  • Thu Jan 03 17:01:00 CST 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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Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast and Review special report.

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