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Exploration Development 2008 P7

  • 02/12/2008 -- Nexus extends scope of Crux field off W. Australia
    Nexus Energy has extended the scope of its Crux gas-condensate field on Permit AC/P23 in the Browse basin off Western Australia with success in its Crux-4 appraisal well.
  • 02/12/2008 -- Norway awards 52 licenses in latest lease sale
    Norway has offered 52 production licenses to 19 operators that applied to develop blocks in the Norwegian North Sea, the Norwegian Sea, and the Barents Sea.
  • 02/15/2008 -- Trinidad and Tobago plans gas blocks bids in 2008
    Trinidad and Tobago will offer five shallow-water blocks for competitive bidding in the third quarter.
  • 02/18/2008 -- BP sets 2010 target for Libya exploration well
    BP plans to drill its first onshore well in Libya's Ghadame basin in 2010, assuming it can secure the necessary rigs, said BP Exploration Pres. Libya Peter Manoogian at IP Week in London.
  • 02/18/2008 -- ONGC, Shell ink NELP-VII bids, joint coop projects
    India's ONGC and Shell recently revised their joint participation MOU for projects to be auctioned in the forthcoming seventh round of India's NELP VII.
  • 02/18/2008 -- PTTEP, CNOOC swap Myanmar block stakes
    Thailand's PTTEP struck an agreement with CNOOC to swap their stakes in blocks in Myanmar.
  • 02/19/2008 -- ONGC to develop marginal fields once cap goes
    India likely will abolish the artificial $35/bbl cap on oil that it has maintained for years, an act designed to attract private service contractors to develop marginal fields held by ONGC.
  • 02/21/2008 -- Mariner starts gas field in Atwater Valley
    Mariner Energy Inc., Houston, started gas production Feb. 15 from two-well Bass Lite field in the deepwater Gulf of Mexico.
  • 02/21/2008 -- Atlas sees 4-6 tcf from Marcellus shale
    Philadelphia operator Atlas Energy Resources said it has determined that it could ultimately recover 4-6 tcf of gas from the Devonian Marcellus shale on its properties mostly in southwestern Pennsylvania.
  • 02/22/2008 -- UK offers 2,297 blocks in licensing round
    The UK government has launched its 25th licensing round where operators can bid for acreage in the North Sea.
  • 02/22/2008 -- Pakistan province, MOL sign exploration pact
    Pakistan's Northwest Frontier Province and Hungary's MOL Rt. have signed a land acquisition agreement to explore for natural gas on Tal Block in the province.
  • 02/25/2008 -- Tullow gauges light oil discovery off Ghana
    Tullow Oil PLC said it gauged light, 29° gravity oil in the Gulf of Guinea off Ghana at an exploratory well that opens a new play.
  • 02/25/2008 -- Oilex's Sarha-1 test shows erratic flow, 90% oil
    Oilex Oman Ltd. said oil has been recovered at the surface in cased hole drill stem test No. 2 of the Al Khlata Sandstone in its Sarha-1 well on Oman's Block 56.
  • 02/26/2008 -- StatoilHydro adds to Brage production with new well
    StatoilHydro ASA has tested a well on the north flank of Brage field in Norway's North Sea that flowed more than 17,000 b/d of oil.
  • 02/27/2008 -- Nexen tests oil from UK's Bugle appraisal well
    Nexen Petroleum UK Ltd. plans to start oil production in 2010 from Bugle field in the UK North Sea following an appraisal test of 7,400 b/d of oil and 9.06 MMcfd of gas from two intervals.
  • 02/28/2008 -- Redcliffe gauges Halfway oil find at Wapiti
    Redcliffe Exploration Inc., Calgary, tested a Triassic Halfway sour oil and gas discovery at Wapiti in the Peace River arch area of west-central Alberta.
  • 02/28/2008 -- TGS to shoot 3D survey in Gulf of Mexico
    TGS-NOPEC Geophysical Co. will shoot a 3D seismic survey across 4,100 sq km in the Gulf of Mexico for various clients.
  • 02/28/2008 -- Arizona
    Enhanced Oil Resources Inc., Houston, said the 10-2-30 well in St. Johns helium-carbon dioxide field in Apache County stabilized at 3.1 MMcfd of CO2, with 390 psi flowing tubing pressure, the highest flow rate achieved in the field to date.
  • 02/28/2008 -- New York to get Utica shale exploration
    Gastem Inc., Montreal, took a farmout from Utica Energy LLC, private New York operator, to drill one horizontal and five vertical wells in New York state by Jan. 16, 2009.
  • 02/29/2008 -- Brooks Range Petroleum tests Alaska well
    Brooks Range Petroleum, which in January reentered the North Shore No. 1 well north of Prudhoe Bay oil field, said the well flowed 2,092 b/d of 34° oil.
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