Finds boost ExxonMobil resource above 10.5 billion boe off Angola
ExxonMobil Corp., reporting its 14th deepwater oil discovery on Block 15 off Angola, said the company's resource base in Angola is now estimated to be more than 10.5 billion boe.
Brazilian independent finds light oil in Reconcavo onshore
Independent Brazilian oil company Marítima Petróleo e Engenharia Ltda., a unit of Brazilian firm Synergy Group Corp. (formerly Rainier Engineering Ltd.), reported making a light oil discovery with a well drilled on Block BT-REC-3, which lies onshore in Brazil's Bahia state in Recôncavo basin about 120 km from Bahia state's capital of Salvador.
Quest inks Kentucky coalbed methane lease from Alcoa
Quest Resource Corp, Oklahoma City, inked an agreement with Alcoa Inc. subsidiary Alcoa Fuels Inc. for a 1-year coalbed methane lease on more than 63,000 acres in Union, Crittendon, and Webster counties, Ky.
Deeper oil zones targeted in Casamance Dome Flore area
Early processing results are encouraging from a 380 sq km 3D seismic survey acquired earlier this year over the Dome Flore and Dome Gea salt dome heavy oil accumulations in the Casamance basin, said operator Fusion Oil & Gas PLC, Perth, WA.
Brazil interested in exploring deepwater GOM off Cuba
During a recent visit to Brazil, Cuba's Vice-President Carlos Lage said that Brazil's President Luiz Inácio Lula da Silva expressed strong interest in accepting the Cuban government's earlier invitation to explore for oil in the Cuban sector of the Gulf of Mexico.
Alberta, industry work to minimize seismic footprint in protected areas
Industry and government banded together in Alberta to improve seismic imaging and reduce overall oil and gas project costs in areas adjacent to protected places.