Gabon will launch an oil licensing round for more than 40 blocks from two of its deepwater basins in May 2010, according to an official at CGGVeritas.
Improved horizontal completion techniques in the North Texas Barnett Combo play have led EOG Resources Inc. to estimate that ultimate recoveries in one area will be 80% higher than the company’s early 2008 estimates in the play.
Goodrich Petroleum Corp., Houston, gauged a peak 24-hr rate of 15.3 MMcfe/d from Jurassic Haynesville shale at its Plants 26H-1 well in De Soto Parish, La.
Crown Point Ventures Ltd., Vancouver, BC, found gas in two zones in the Canadon Seco formation in El Valle oil and gas field in the Argentina’s southern San Jorge basin and plans to drill five to eight more wells in early 2010 subject to regulatory approval.
Questar Exploration & Production Co., Salt Lake City, is drilling a horizontal well to the H4 member of the Eocene Green River formation at 7,000 ft true vertical depth in Utah’s Uinta basin.
EOG Resources Inc. has expanded its acreage position in the Haynesville shale play to 153,000 net acres after adjusting for the expected exercise of third party preferential rights.
Royale Energy Inc., San Diego, said its Goddard 7-1 apparent new field discovery in the Sacramento basin stabilized at 2.45 MMcfd of gas on a restricted choke from an undisclosed formation.
El Paso Corp. said it has almost doubled its lease position to 112,000 net acres in the South Texas Cretaceous Eagle Ford shale gas-condensate play, where it plans to maintain a one-rig program.
Discoveries
Reserves
Area Drilling
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