Spain: San Leon Energy seeking unconventional assets in Zaragoza, Almazan basins

By OGJ editors

The Spanish Council of Ministers awarded two new onshore exploration licenses to San Leon Energy PLC’s wholly owned subsidiary, Frontera Energy, targeting both unconventional and conventional resources.

The Aquiles license covers 252,927 acres in Zaragoza basin while the Cronos license covers 239,596 acres in the Almazan basin.  Aquiles license involves the Zaragoza and Navarro regions while the Cronos license involves the Soria and Guadalajara regions.

Both licenses contain unconventional Paleozoic potential, said San Leon, which will target Permian, Carboniferous, Silurian and Devonian shales.

San Leon also sees potential for conventional targets in shallower sections within the licenses, both of which were granted for 6 years and will be divided into three 2-year stages.

 These are the second and third licenses to be granted to San Leon Energy in Spain, where San Leon now holds 704,351 acres. Six pending llicense applications cover 1.5 million acres across the Pyrenees and Solsona basins.

San Leon also has interest in Baltic shale assets in Poland (OGJ Online, July 17, 2012).


Related Articles

Lundin spuds three wells offshore Norway

06/24/2015 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, spudded three wells: its second Alta appraisal well in the Barents Sea, an appr...

Drilling commences on Lithuanian Raseiniai license

06/17/2015 Tethys Oil AB has spud the Bedugnis-1 well, which is targeting Silurian reefs at a total measured depth of 1,100 m. The Raseiniai license covers 1,...

OTC: Indonesia seeks paradigm shift in developing western deepwater assets

05/05/2015 Indonesia is working to change the way it develops its oil and gas resources, according to Ir. I Gusti Nyoman Wiratmaja, Indonesia’s acting directo...

More rig day rate, fleet use declines seen

05/04/2015 Drilling contractors, onshore and offshore, face further declines in day rates and fleet utilization this year as operators slash activity in respo...

UDW drilling in deep water?

03/09/2015 A March report from the US Energy Information Administration forecasts increased production from the Gulf of Mexico over the next 2 years (OGJ Onli...

Texas A&M studies water used for Eagle Ford fracturing

02/10/2015 Development of unconventional plays led to a rapid proliferation of the use of hydraulic fracturing, which has boosted US production rates. Yet, fr...

Epir-1 exploration well in Kenya encounters oil, gas shows

01/22/2015 Tullow Oil PLC encountered oil and wet gas shows over a 100-m interval of nonreservoir quality rocks—demonstrating a working petroleum system—by wa...

Geomicrobial survey results follow drilling success

11/30/2014 The Oriente basin of Ecuador is one of the most productive of the South American Sub-Andean basins. Cumulative production of oil at the end of 2011...

NOIA, API studies list benefits of more federal OCS leasing

11/30/2014 Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs a...
White Papers

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

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
Available Webcasts

Operating a Sustainable Oil & Gas Supply Chain in North America

When Tue, Oct 20, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.


On Demand

Leveraging technology to improve safety & reliability

Tue, Sep 22, 2015

Attend this informative webinar to learn more about how to leverage technology to meet the new OSHA standards and protect your employees from the hazards of arc flash explosions.


The Resilient Oilfield in the Internet of Things World

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.


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


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