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Exploration Development 2008 P

  • 12/08/2008 -- Reindeer gas project off Western Australia postponed
    The Apache Australia-Santos Ltd. joint venture has postponed its Reindeer gas project development off Western Australia, citing the poor global economic outlook that has impacted the project's main customer.
  • 12/07/2008 -- Shell farms into Sicilian offshore licenses
    Northern Petroleum UK Ltd. has brought in as a partner Shell Italia Exploration & Production SPA for its licenses off Sicily under a farmout agreement.
  • 12/05/2008 -- Bulgarian Black Sea gas business expands
    Melrose Resources PLC said its Kavarna-1 exploration well 7 km east of Galata gas field on the Black Sea shelf off Bulgaria attempted to blow out and was plugged for safety reasons.
  • 12/04/2008 -- US Gulf Coast
    Mining Oil Inc., Houston, a development stage company, set a $23 million budget for its share of costs to drill two properties with Jurasin Oil & Gas Inc., Houston, in South Louisiana and off Mustang Island, Tex.
  • 12/04/2008 -- BLM defends Utah lease sale; Utah defers tracts
    The US Bureau of Land Management defended its scheduled Dec. 19 oil and gas lease sale in Utah as its state office deferred additional parcels on Dec. 2.
  • 12/03/2008 -- Shell Australia finds gas with Libra-1 wildcat
    The Shell Australia-operated Libra-1 wildcat, drilled in the Browse basin off Western Australia, found gas in a series of thick sand packages over a 180-m gross vertical section.
  • 12/03/2008 -- New Brunswick gets flowing oil discovery
    Corridor Resources Inc., Halifax, NS, plans to appraise an oil discovery 3 km southeast of its McCully gas field in southern New Brunswick.
  • 12/02/2008 -- Giant Grand Bay field's output climbing
    Saratoga Resources is raising oil and gas production from giant Grand Bay field in Plaquemines Parish, La., and believes that only about one third of the field's reserve potential has been evaluated.
  • 12/02/2008 -- CNPC signs framework agreement with Cuba
    China's CNPC, eyeing competition from a variety of other nations, has signed a framework agreement with Cuba's state-owned Cupet on expanded cooperation in oil and gas development.
  • 12/02/2008 -- WWF calls for moratorium on Arctic exploration
    The WWF, responding to a recent EC policy paper on the Arctic, has called for a moratorium on oil and gas exploration and development in the region until the capability has been developed for handling spillage.
  • 12/02/2008 -- Pertamina seeks Verenex stake in Libya's Area 47
    Indonesia's state-owned PT Pertamina is considering plans to purchase the 50% stake held by Verenex Energy Inc. in Area 47 of Libya's Ghadames basin.
  • 12/02/2008 -- Shell eyes BPZ Energy's northern Peru blocks
    Shell International Exploration & Production has signed a memorandum of understanding with BPZ Energy Inc., Houston, to explore for oil and gas in northern Peru.
  • 12/02/2008 -- French exploration permits reflect no slowdown
    The October bulletin just published by France's Hydrocarbon Exploration-Production Bureau shows no slowdown in requests for exploration permits.
  • 12/02/2008 -- Kyrgyzstan
    Santos International Holding Pty. Ltd. has committed to Phase 2 of its five-block exploration program in Kyrgyzstan as a farmee of Manas Petroleum Corp., Baar, Switzerland.
  • 12/02/2008 -- RWE Dea acquires three UK North Sea blocks
    RWE Dea AG has secured interests in three partial blocks, including operatorship, under the UK's 25th licensing round in the North Sea.
  • 12/01/2008 -- Egypt Jurassic discovery sets depth marks
    IPR Inc., Irving, Tex., gauged a Jurassic oil and gas-condensate discovery at the second deepest well in Egypt's Western Desert.
  • 12/01/2008 -- BLM Utah head defers leases in response to NPS concerns
    US BLM Utah State Director Selma Sierra agreed to defer from a Dec. 19 oil and gas lease sale all parcels of concern to the US NPS following 2 days of discussions between the agencies.
  • 11/25/2008 -- Australia awards offshore E&P permits
    Australia has awarded 13 offshore exploration permits in its 2007 release scheme, and the successful companies have pledged a total expenditure of $500 million (Aus.) in exploration investment.
  • 11/25/2008 -- Research sought on unconventional gas
    Research Partnership to Secure Energy for America, Sugar Land, Tex., has requested industry proposals for projects on gas shales, coalbed methane water management, and tight sands.
  • 11/24/2008 -- Chinese plan major investment for South China Sea
    China's CNOOC has outlined a plan to invest 200 billion yuan over the next 12 years for the exploration and development of oil and gas fields in the deepwater South China Sea.

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