Uruguay: Second offshore round on tap in 2012

By OGJ editors
HOUSTON, June 29
– Uruguay’s ANCAP plans to open bids for the country’s second offshore license round blocks at the end of March 2012.

ANCAP will conduct road shows in Houston and Rio de Janeiro in October and November 2011 to describe the 15 blocks to be offered in the Punta del Este and Pelotas basins. Block size ranges from 2,300 sq km to 12,000 sq km.

Uruguay is licensing 6,300 km of recently gathered 2D seismic (OGJ Online, Feb. 25, 2011). Companies that wish to bid are required to qualify by the end of February 2012.

The nearest offshore hydrocarbon discoveries to the Uruguay blocks are 550 miles northeast in the Santos basin off Brazil.

Related Articles

BOEM proposes lease sale for western Gulf of Mexico

03/03/2015 The US Bureau of Ocean Energy Management (BOEM) will offer more than 21 million acres offshore Texas for oil and gas exploration and development, i...

GOM REVENUE SHARING-1 Lease sales drive gulf OCS revenues

03/02/2015 The Gulf of Mexico (GOM) Energy Security Act of 2006 (GOMESA) provides for sharing offshore lease revenues in the GOM Outer Continental Shelf (OCS).

Kosmos well establishes gas, condensate potential of Laayoune basin off Morocco

03/02/2015 A noncommercial gas and condensate discovery offshore Morocco establishes exploratory potential of the frontier Laayoune basin, reports operator Ko...

Total to take operatorship of Elk-Antelope field

03/02/2015 Total SA has been unanimously voted operator of the joint venture operating Elk-Antelope gas field in petroleum retention license 15 in the eastern...

Mexico's energy reform: A sobriety check

03/02/2015

The Mexican energy reform of 2014 encompasses all links in the oil, gas, and power value chains.

DOI proposes Arctic-specific drilling regulations for Alaska OCS

03/02/2015 The US Department of the Interior proposed regulations to ensure that oil and gas exploration on the US Arctic Continental Shelf occur safely and r...

New regulator lists UKCS 'priority actions'

03/02/2015 The UK's Oil and Gas Authority (OGA), responding to calls from industry and the government for prompt support of UK Continental Shelf exploration a...

OGJ Newsletter

03/02/2015

International news for oil and gas professionals

Technique connects known, unknown EURs, manages expectations

03/02/2015 Reserves reports often rely on volumetric probabilistic EUR assessments while remaining vague or silent on how these estimates relate to what is ac...
White Papers

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

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


Cognitive Solutions for Upstream Oil and Gas

When Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

When Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST



On Demand

Prevention, Detection and Mitigation of pipeline leaks in the modern world

Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST


Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

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