-- BPZ updates Peru Corvina, Albacora operations BPZ Resources Inc., Houston, placed on long-term test its seventh oil well in Corvina field on Block Z-1 off Peru as it worked toward a transition to commercial production around May 31.
-- Exco continues drilling Pennsylvania's Marcellus shale Exco Resources Inc., Dallas, said its Marcellus shale exploration and production activities, including drilling in Pennsylvania, are proceeding as planned with no interruption of its 2010 business goals.
-- Drilling activity continues to waffle The US rotary rig count continued up one week and down the next, falling by 20 units this week with 1,694 still working, wiping out the 5-rig gain during Christmas week.
-- BPTT signs contract for Seadrill newbuild semi BP Trinidad & Tobago LLC (BPTT) signed a 2-year contract with an additional 1-year option with Seadrill Ltd. for its newbuild semisubmersible-tender West Jaya to work off Trinidad and Tobago starting in 2011, Seadrill said.
-- Petrobras submits Tupi, Iracema commerciality declaration Petroleo Brasileiro SA (Petrobras) submitted to Brazil's National Petroleum Agency (ANP) a declaration of commerciality for the presalt oil and gas fields in the Tupi and Iracema areas of Block BMS-11 in the Santos basin off Brazil.
-- Guara extended well test starts off Brazil Petroleo Brasileiro SA (Petrobras) on Dec. 25 started the Guara area extended well test from the presalt layers of Block BM-S-9 in the Santos basin, 300 km off Brazil’s Sao Paulo state.