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Exploration Development 2013 P

  • 11/06/2013 -- Montney marketables put at 449 tcf, 15.5 billion bbl
    The Montney formation in British Columbia and Alberta is one of the world’s largest hydrocarbon resources that could meet Canada’s natural gas needs for 145 years at present consumption rates, the National Energy Board said Nov. 6.
  • 11/06/2013 -- Madagascar: ExxonMobil deepwater licenses extended
    ExxonMobil Corp. affiliates will resume work in preparation for deepwater exploratory drilling after Madagascar formalized extensions to three production sharing contract licenses.
  • 11/06/2013 -- Kazakhstan: Sagiz W., Uytas field appraisal wells promising
    Max Petroleum PLC plans to test appraisal wells that encountered oil indications in Sagiz West and Uytas fields on the Guriyev arch in the North Caspian basin north of supergiant Tengiz field in western Kazakhstan.
  • 10/29/2013 -- OMV sees oil shows in two reservoirs at Barents well
    The OMV AG-operated Wisting Alternative well 7324/7-1S on PL537 in the Barents Sea offshore Norway has found oil shows in two poor quality reservoirs but has “provided important information about the regional geology,” said partner Tullow Oil PLC.
  • 10/24/2013 -- Oryx tests second oil find at Hawler in Iraq Kurdistan
    Oryx Petroleum Corp., Calgary, has gauged a potentially commercial Jurassic oil and sour gas discovery at Ain Al Safra, its second oil discovery on the Hawler license in the northern part of the Kurdistan Region of Iraq.
  • 10/23/2013 -- Alberta: Duvernay play area 3D shoot planned
    TGS-NOPEC Geophysical Co. will shoot 320 sq km of multiclient 3D seismic survey in the Alberta Central Deep basin southwest of Edmonton.
  • 10/23/2013 -- Newfoundland: Grand Banks 2D survey expanded
    TGS-NOPEC Geophysical Co., Houston, and PGS Geophysical Co. said the Northeast Newfoundland Shelf 2D multiclient seismic survey expands on the previously announced survey offshore Newfoundland and will cover 5,000 line-km.
  • 10/23/2013 -- Alberta: First Mountain eyes Glauconite horizontals
    First Mountain Exploration Ltd., Calgary, said it is acquiring surface leases and licensing two horizontal Glauconite wells in the Atlee Buffalo area of Alberta.
  • 10/22/2013 -- API calls for more data to help shape next 5-year OCS plan
    The American Petroleum Institute said it would like the administration of US President Barack Obama to gather information more quickly so it will be able to consider expanded oil and gas leasing on more of the US Outer Continental Shelf when it develops the next 5-year management program.
  • 10/22/2013 -- New Brunswick: Corridor locks in high gas sales netbacks
    Corridor Resources Inc., Halifax, NS, operator of McCully gas field in New Brunswick, said it has entered into a forward sale agreement from Nov. 1, 2013, to Mar. 31, 2014, for an average of 3,000 MMbtu/day equating to 2.8 MMscfd of gas at an average of $9.03/MMbtu (US) and an estimated netback of $6.50/Mscf (Can.).

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