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Drilling Production 2012 P4

  • 02/01/2012 -- Tecpetrol group to operate northern Ecuador fields
    Petroecuador has awarded a joint venture led by Tecpetrol International SA an incremental production contract covering Libertador and Atacapi mature fields in northern Ecuador.
  • 02/01/2012 -- Grizzly to buy, develop oil sands acreage
    Grizzly Oil Sands UIC has agreed to buy Petrobank Energy & Resources Ltd.’s May River oil sands acreage in northern Alberta and plans to develop it with modular steam-assisted gravity drainage technology.
  • 02/01/2012 -- FPSO begins well test offshore Brazil
    The OSX-1 floating production, storage, and offloading vessel has begun production in an extended well test by OGX Petroleo e Gas Participacoes SA in the Waimea area of the Campos basin offshore Brazil (OGJ Online, June 21, 2011).
  • 02/02/2012 -- MEG Energy's Christina Lake reserves up 17%
    MEG Energy, Calgary, said an independent analysis boosted its proved reserves of bitumen in the Christina Lake area of Alberta’s southern Athabasca region by 17% last year to 708 million bbl.
  • 02/02/2012 -- ExxonMobil licenses oil sands steam system
    ExxonMobil Upstream Research Co. has award the first license for a patented steam injection system in use in the Cold Lake oil sands project in Alberta to Baker Hughes.
  • 02/02/2012 -- Lower Cook Inlet Cosmopolitan leases being acquired
    Buccaneer Energy Ltd., Sydney, will acquire a 25% operated  working interest in the two main productive leases in the former Cosmopolitan Unit in Alaska’s Lower Cook Inlet from Pioneer Natural Resources Alaska Inc.
  • 02/03/2012 -- Tanzania Mnazi Bay hunt seeks larger gas supply
    Maurel & Prom, Paris, has spudded the Ziwani-1 onshore exploratory well on the 756 sq km Mnazi Bay concession in the Rovuma basin in coastal Tanzania.
  • 02/03/2012 -- US drilling rig count falls 11 units
    US oil and gas drilling rig activity this week fell by 11 units to 1,997 total rigs working. The rig count for the week ended Feb. 3 was up by 258 rigs from the comparable period a year ago, Baker Hughes Inc. reported.
  • 02/06/2012 -- Richardson proposes West Bison Basin waterflood
    The US Bureau of Land Management is seeking public comments on a proposed waterflood program in the Jurassic Nugget formation and new oil and gas wells on public land in Fremont County, Wyo., 20 miles south of Sweetwater Station, BLM’s Lander, Wyo., field office said on Feb. 3.
  • 02/06/2012 -- PetroChina to buy 20% of Shell's Canadian shale gas assets
    PetroChina, a unit of China National Petroleum Corp., has signed a binding agreement to purchase a 20% stake in Royal Dutch Shell PLC’s Groundbirch assets in northeastern British Columbia.
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