Exploration/Development Briefs

Dec. 19, 2011

India

State-owned Oil & Natural Gas Corp. reports a new-pool discovery in North Kadi oil field in the onshore Cambay basin of western India.

The North Kadi-472 well tested oil at the rate of 174 b/d through a 6-mm choke from the Mandhali member of the Middle Miocene Kadi formation at 1,277-79 m. It was the first production in the field from the MOP-IV unit of the Mandhali, ONGC said.

The operator reported six "interesting intervals" in the well, which was drilled to 2,205 m. North Kadi field has been on production since 1969.

Ireland

Providence Resources PLC has been awarded Standard Exploration License 2/11 in the Kish Bank basin off Dublin.

The license is for 6 years in two 3-year phases and is a successor authorization to the previous License Option 08/2. Providence holds a 50% interest in the license and operates on behalf of its partner Star Energy.

The license contains the Dalkey Island exploration prospect, and the partners have committed to drill at least one well in the first phase. They have applied for a foreshore license in order to carry out well site survey and drilling.

Mongolia

Manas Petroleum Corp. said its Gobi Energy Partners LLC subsidiary completed a seismic survey in Mongolia and is focusing on six areas in order to meet the corporate goal of spudding the first well before end of second-quarter 2012.

The seismic contract with Sinopec provided for a firm program consisting of 532 line-km of full-fold data and an optional program of up to an additional 1,106 km full-fold data. The program consisted of eight phases.

Acquisition began Aug. 25, 2011, and on Nov. 25 after completing the first seven phases and the key line of the last phase, Manas finished the program having shot 1,311 line km of full-fold data. If after interpretation Gobi determines that it requires further data, that would be shot in 2012.

The survey involved a real time check process that enabled the operator to adjust the program on a just-in-time basis. After quality control by field processing, accepted data were transmitted via internet to the fast-track processing office and forwarded to the Manas G&G team for fast interpretation. Individual lines and whole phases were changed to the needed focus.

Philippines

A group led by Nido Petroleum Philippines Pty. Ltd. will shoot 70 line-km of 2D seismic over the greater Lawaan-Libas prospect area in SC 54A off Palawan Island in the Philippines.

The objective is to determine if Lawaan and Libas represent a single large prospect at the Nido limestone reservoir level. The survey, to take 2 days in early December, will be shot in tandem with the Pawikan 2D survey now being acquired in adjacent SC 54B also operated by Nido.

Confirmation that the two prospects are structurally connected would further upgrade the potential of Lawaan, at present the lead drilling candidate in SC 54A.

Nido Petroleum's partners in SC 54A are Yilgarn Petroleum Philippines Pty. Ltd., a subsidiary of Kairiki Energy Ltd., Trafigura Ventures III BV, and TG World (BVI) Corp.

Gulf of Mexico

ATP Oil & Gas Corp., Houston, has sold its interest in the deep rights below 23,499 ft true vertical depth subsea in one of its Telemark Hub properties in the US Gulf of Mexico to a third party for an undisclosed sum, resulting in a gain estimated at $26 million.

ATP retained a 1% overriding royalty interest. The company said it is "eager to encourage exploration into deeper horizons" near the ATP Titan, which has a design capacity of 25,000 b/d of oil and 50 MMcfd of gas and can accommodate additional production. ATP operates the deepwater Telemark Hub with a 100% working interest and owns 100% of the subsidiary that owns the ATP Titan and associated pipelines and infrastructure that handle output from the Atwater Valley and Mississippi Canyon areas.

Wyoming

The US Bureau of Land Management's Pinedale, Wyo., field office is seeking public comments on a proposed pad for a single natural gas well in Lincoln County 14 miles southwest of LaBarge, Wyo. The well and pad would be on an existing improved access road in the Miller Mountain area.

It noted that the proposed project would be in a Class II Visual Resource Management Area and the Miller Mountain Management Area under the Pinedale Resources Management Plan. The areas are used for outdoor recreation and by sage grouse, elk, mule deer, and pronghorn, it said.

The project's applicant was not identified, but the US Department of the Interior agency said that the applicant holds a valid lease and proposes occupying about 4 acres as the well is drilled in 2012.

BLM said that the field office is preparing an environmental assessment, and public comments will help identify alternatives, issues associated with the proposal, the proposed project's potential impacts, and mitigation measures which could reduce those impacts.

It said that comments, which should be as specific as possible, will be accepted at the Pinedale field office until Dec. 20.

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