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Exploration Development 2008 P

  • 12/31/2008 -- InterOil gauges gas while drilling in Papua New Guinea
    InterOil Corp., Toronto, said its Antelope-1 exploration well in Papua New Guinea averaged 2-3 MMcfd of gas while drilling in the Miocene Antelope reef.
  • 12/31/2008 -- EcoPetrol joins StatoilHydro in Gulf partnership
    StatoilHydro and Ecopetrol America Inc. have agreed to carry out exploration jointly in the Gulf of Mexico and plan to drill three or more wells in the coming years.
  • 12/30/2008 -- Heritage Oil spuds Giraffe-1 well in Uganda
    Heritage Oil Ltd. has spudded the Giraffe-1 exploration well on Uganda's Block 1, and drilling is expected to be completed within the next 3 weeks.
  • 12/29/2008 -- Total finds oil near Ofon field off Nigeria
    France's Total SA discovered oil in shallow water near its producing Ofon oil field in southeastern OML 102 off southeastern Nigeria.
  • 12/24/2008 -- StatoilHydro drops rigs procurement for Norwegian Continental Shelf
    StatoilHydro cancelled its rig procurement for operations on the Norwegian Continental Shelf because of high costs and the global economic uncertainty that has dampened oil prices.
  • 12/23/2008 -- Shell cancels 2009 Beaufort Sea drilling program
    Shell Oil Co. canceled its exploratory drilling program for 2009 in Alaska's Beaufort Sea, a region in which the company invested $44 million as recently as 2005.
  • 12/23/2008 -- Lundin receives four licenses to Norway North Sea
    Norway awarded Lundin Petroleum AB's wholly owned subsidiary Lundin Norway AS four exploration license interests in the 2008 Norwegian Licensing Round Awards in Predefined Areas in the North Sea.
  • 12/19/2008 -- Vertical Marcellus gas well tops 5 MMcfd
    Atlas Energy Resources LLC, Pittsburgh, said a vertical completion in Devonian Marcellus shale made 81 MMcf of gas in 25 days after an initial 24-hr test at the rate of 5 MMcfd.
  • 12/19/2008 -- Brazil hails success of 10th round auction
    Haroldo Lima, president of Brazil's hydrocarbons regulator Agencia Nacional do Petroleo (ANP), said the first day of the country's 10th round auction of 130 oil and gas exploration concessions was highly successful. Scheduled for 2 days of bidding, the entire auction was completed in a matter of hours on the first day.
  • 12/16/2008 -- MMS royalty auditing program gets high grade
    An independent review of its royalty auditing program resulted in no significant findings, earning it the highest possible rating, the US Minerals Management Service said on Dec. 16.
  • 12/16/2008 -- Maple Energy readies rig for Peru's Block 31-E
    Maple Energy said its Maple Rig 1, a 2,000-hp helitransportable diesel electric drilling rig to be used in Peru, has been substantially assembled.
  • 12/16/2008 -- China reports northern Xinjiang region gas find
    China's National Mineral Resource Committee has reported PetroChina's discovery of a major gas field, claiming proved reserves of 100 billion cu m, in the Xinjiang Uygur Autonomous Region.
  • 12/16/2008 -- Algeria announces winners of 7th licensing round
    Algeria has granted exploration licenses to Eni SPA, BG Group PLC, OAO Gazprom, and E.On Ruhrgas AG under its latest licensing round.
  • 12/16/2008 -- Buffalo could be Uganda's largest oil field
    The Buffalo-1 discovery on Uganda's Block 1 could become the country's largest oil field, said operator Heritage Oil Ltd., Calgary.
  • 12/16/2008 -- Saratoga developing Vermilion 16 area
    Saratoga Resources Inc., Houston, chasing untapped potential in Vermilion 16 field in state waters off Louisiana, acquired four tracts adjacent to the field and has commissioned a full-field study.
  • 12/15/2008 -- Utah BLM finalizes lease sale; cuts more tracts
    The US Bureau of Land Management's Utah office Dec. 12 said it will offer 132 oil and gas parcels totaling 163,935 acres at its Dec. 19 lease sale.
  • 12/12/2008 -- Qatar
    Qatar Petroleum let a 4-year, multimillion dollar contract to Jaguar Exploration Inc., Houston, for technical and operational supervision and control of Dukhan field 3D seismic survey services.
  • 12/11/2008 -- New Zealand offers Northland, Raukumara blocks
    New Zealand Crown Minerals offered six exploration blocks in the Northland basin northwest of Auckland and two off East Cape in the Raukumara basin off the North Island.
  • 12/09/2008 -- Kazakh firms, BG Group agree to study E&P deals
    KazMunayGas, KazMunaiGas EP, and BG Group have agreed to study upstream opportunities in Kazakhstan and other countries under a cooperation agreement signed Dec. 5 in Almaty.
  • 12/08/2008 -- Busy 2009 seen in western Newfoundland
    Vulcan Minerals Inc., St. John's, expects a busy year in several exploration plays in Newfoundland and Labrador in 2009.

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