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Exploration Development 2008 P5

  • 01/07/2008 -- PTTEP farms in to blocks off Bangladesh
    Thailand's PTT Exploration & Production PLC (PTTEP) signed an accord to farm in with a 30% interest to Bangladesh's offshore Blocks 17 and 18.
  • 01/08/2008 -- ONGC Videsh, Hindujas in E&P pact
    The board of ONGC Videsh has agreed to sign an MOU with Hinduja Group to jointly explore acquisition of overseas acreages, particularly in Iran.
  • 01/09/2008 -- Iran awards Dayyer gulf block to Edison
    Iran signed a contract with Edison of Italy for exploration rights to the 2.1 million acre Dayyer offshore block.
  • 01/09/2008 -- Gazprom seeks Nigerian gas development
    Russia's Gazprom is in talks with Nigerian energy officials to develop the country's vast gas reserves under a possible $2.5 billion deal.
  • 01/10/2008 -- Total starts Pazflor development work off Angola
    Total, operator of Block 17, has awarded the principal contracts for the giant Pazflor oil development—the third development center on the offshore block.
  • 01/11/2008 -- Sweden
    The Swedish Mining Inspector granted an application by Tethys Oil AB, Stockholm, to explore a 133,400-acre license on northern Gotland Island in the Baltic Sea south of Stockholm.
  • 01/15/2008 -- Norway expecting more exploration drilling
    Operators are expected to drill 35-40 exploration wells on the Norwegian Continental Shelf in 2008, the Norwegian Petroleum Directorate said.
  • 01/15/2008 -- Alaska
    Brooks Range Petroleum Corp. reentered the North Shore-1 well on Jan. 10 to evaluate an oil accumulation initially tested in 1974.
  • 01/15/2008 -- Talisman makes oil, gas find off Vietnam
    Talisman Energy Inc. has tested peak rates of 13,450 b/d of light oil and 6.87 MMcfd of natural gas from its second exploration well, Hai Su Den (HSD), off Vietnam.
  • 01/15/2008 -- StatoilHydro finds oil in Fram area off Norway
    Operator StatoilHydro Petroleum AS has discovered oil with development well 35/11-B-23-H, which it drilled in the Fram area in the Norwegian North Sea.
  • 01/15/2008 -- Trinidad and Tobago awards two exploration blocks
    Trinidad and Tobago has announced the award of two exploration blocks to a consortium of Voyager Energy, Calgary, and Petrotrin.
  • 01/15/2008 -- Gas-condensate find tested east of Trinidad and Tobago
    A group led by Canadian Superior Energy Inc., Calgary, gauged a gas-condensate discovery on Block 5(c) 60 miles off Trinidad and Tobago's east coast.
  • 01/21/2008 -- Large gas resource found at Dawson Creek, BC
    ARC Energy Trust said it has identified a resource greater than 1 tcf of gas with two 100% owned discoveries: West Dawson and Sunrise, just west of Dawson Creek, BC.
  • 01/21/2008 -- UK lease round acreage holds large oil potential
    Acreage on offer in the upcoming UK licensing round holds a potential of 17 billion bbl, according to a study by North Sea consultancy Hannon Westwood.
  • 01/22/2008 -- More bids received in Thailand's 20th bid round
    Thailand's Department of Mineral Fuels has received bid applications for 34 exploration blocks—26 onshore and 8 offshore—in its 20th bidding round in which a total of 65 tracts were offered.
  • 01/22/2008 -- StatoilHydro submits Yttergryta development plan
    Gas production from Yttergryta field, which lies 33 km east of Asgard B platform in the Norwegian Sea, will start in first quarter 2009.
  • 01/22/2008 -- Valiant submits Don oil field development plan
    Valiant Petroleum and Petrofac Energy plan later this year to drill several wells on Don South West and West Don oil fields in the UK North Sea under a PDO plan.
  • 01/22/2008 -- PTTEP group makes oil, gas find in Algeria
    A three-company consortium that includes Thailand's PTTEP has made an oil and gas find with an exploration well drilled on Algeria's onshore Block 433a and Block 416b.
  • 01/23/2008 -- Gulf Coast
    Foothills Resources Inc., Bakersfield, Calif., plans to drill eight more wells in giant Goose Creek oil field in Harris County in 2008.
  • 01/23/2008 -- Oilex plans Cambay field output for second half
    Oilex Ltd., Perth, said it will focus on bringing its Cambay oil and gas field on stream in the second half of this year.

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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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