California

By OGJ editors
HOUSTON, Jan. 11
– An unspecified large exploration and production company with a considerable California operations presence took a farmout from Gasco Energy Inc., Denver, on the Willow Springs prospect in Kern County, Calif., on the west side of the San Joaquin basin.

The company paid a prospect fee and will carry Gasco Energy for a 20% working interest. The farmee, which becomes operator, has an option to drill a second well.

The prospect’s three reservoir targets are the Oligocene Phacoides sandstone member of the Temblor formation and the Eocene First and Second Point of Rocks sandstones.

Belgian Anticline and giant McKittrick and Cymric oil and gas fields nearly surround the prospect, but no well has tested these formations at higher structural positions near the beds’ intersection with the McKittrick fault.

Related Articles

Shale plays send PGC's US gas resource estimates higher

09/14/2007 Shale gas plays provided most of the impetus as estimated US gas resources grew dramatically from yearend 2004 to yearend 2006, the Potential Gas C...

Wyoming's deep Hilliard shale in evaluation

07/11/2006 Gasco Energy Inc., Englewood, Colo., farmed out an interest in its Daniel Anticline Prospect in the northern Green River basin to private Dallas in...

Potential Gas Committee pegs US resource at 1,308 tcf

09/14/2005 Total US natural gas resources at yearend 2004 amounted to 1,308 tcf, the Potential Gas Committee said in its latest biennial report.

Personnel Moves and Promotions: Integrated firms promote division executives

02/04/2002 Integrated energy firms Dynegy Inc., Houston, and KeySpan Corp., New York, have recently announced executive-level promotions.

Area Drilling

10/29/2001 Lundin Petroleum AB, Stockholm, agreed to take a 40% interest in the Munir Block operated by Edison International, Milan, in the Zagros basin.

Gasco, Burlington Resources to develop Green River basin acreage

10/04/2001 Gasco Energy Inc. and Burlington Resources Inc. agreed to explore a series of deep natural gas plays in Wyoming's Green River basin.

PERSONNEL MOVES AND PROMOTIONS: Watson Energy names new CEO; Benton Oil & Gas relocates headquarters

07/09/2001 Watson Energy, Mandeville, La., appointed W.E. Spencer president and CEO of the company. Spencer has more than 40 years of experience in the energy...

Finance/Companies briefs, Apr. 5

04/05/2001 Gasco Energy � Pannonian Energy � South Texas Drilling & Exploration � Mustang Drilling � Enterprise Products Partners � Acadian Gas � Norton Prop...
White Papers

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by
Available Webcasts


The Resilient Oilfield in the Internet of Things World

When Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.

register:WEBCAST



On Demand

Taking the Headache out of Fuel License and Exemption Certificates: How to Ensure Compliance

Tue, Aug 25, 2015

This webinar, brought to you by Avalara, will detail the challenges of tax document management, as well as recommend solutions for fuel suppliers. You will learn:

-    Why it’s critical to track business partner licenses and exemption documents
-    The four key business challenges of ensuring tax compliance through document management
-    Best practice business processes to minimize exposure to tax errors

register:WEBCAST


Driving Growth and Efficiency with Deep Insights into Operational Data

Wed, Aug 19, 2015

Capitalizing on today’s momentum in Oil & Gas requires operational excellence based on a clear view of what your business data is telling you. Which is why nearly half* of oil and gas companies have deployed SAP HANA or have it on their roadmap.

Join SAP and Red Hat to learn more about using data to drive process improvements and identify new opportunities with the SAP HANA platform running on Red Hat Enterprise Linux. This webinar will also show how your choice of infrastructure impacts the performance of core business applications and your ability to achieve data-driven insights quickly and reliably.

*48% use SAP, http://go.sap.com/solution/industry/oil-gas.html

register:WEBCAST


OGJ's Midyear Forecast 2015

Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected