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BPZ reports oil production, reserves offshore Peru

Mar 5, 2012

BPZ Energy Inc., Houston, reported a 10.7 decline in proved crude oil reserves at the end of 2011 and early response to a gas cap reinjection program at Corvina field offshore Peru.

Milnesand San Andres horizontal infill drilling nears

Feb 15, 2012

Enhanced Oil Resources Inc., Houston, has permitted five horizontal 20-acre infill wells in its 4,800-acre Milnesand San Andres Unit in Roosevelt County, NM, where 40-acre development is estimated to have recovered 14% of original oil in place.

Richardson proposes West Bison Basin waterflood

Feb 6, 2012

The US Bureau of Land Management is seeking public comments on a proposed waterflood program in the Jurassic Nugget formation and new oil and gas wells on public land in Fremont County, Wyo., 20 miles south of Sweetwater Station, BLM’s Lander, Wyo., field office said on Feb. 3.

ExxonMobil licenses oil sands steam system

Feb 2, 2012

ExxonMobil Upstream Research Co. has award the first license for a patented steam injection system in use in the Cold Lake oil sands project in Alberta to Baker Hughes.

Tecpetrol group to operate northern Ecuador fields

Feb 1, 2012

Petroecuador has awarded a joint venture led by Tecpetrol International SA an incremental production contract covering Libertador and Atacapi mature fields in northern Ecuador.

Cyclic steam pilot set at Gulf of Suez Sinai oil field

Jan 30, 2012

A rig is expected to arrive in February to drill development wells in Lagia oil field on the Sinai Peninsula side of Egypt’s Gulf of Suez in preparation for a cyclic steamflood pilot.

Norway: Kvitebjorn ocean bottom seismic survey set

Jan 13, 2012

Statoil ASA has let a contract to Reservoir Exploration Technology ASA, Oslo, for an ocean bottom seismic survey over Kvitebjorn field in the North Sea off Norway.

Connectivity observed at Morocco oil shale pilot

Jan 13, 2012

San Leon Energy PLC said it has established connectivity between the two test wells in its Tarfaya oil shale project in coastal southern Morocco.

Lithuania: Tethys to buy oil producing, exploratory licenses

Jan 9, 2012

Tethys Oil AB, Stockholm, has agreed with Odin Energi AS to acquire interests in Lithuanian oil companies UAB Minijos Nafta and UAB LL Investicos.

Statoil seeks to prolong oil bounty from NCS

Jan 5, 2012

Statoil said the Norwegian Continental Shelf, where it made the world’s largest 2011 oil discovery at Aldous, will remain the company’s backbone for years.

BLM seeks comments on proposed Rough Draw CBM project

Dec 7, 2011

The US Bureau of Land Management is seeking public comments on Patriot Energy Resources LLC’s proposed Rough Draw Project 13 miles north of Gillette, Wyo., the agency’s Buffalo, Wyo., field office announced on Dec. 7.

Devon receives approval for third Jackfish oil sands project

Dec 6, 2011

Devon Energy Corp. received regulatory approval from the Alberta Energy Resources Conservation Board and Alberta Environment and Water to move forward with the $1.3 billion (Can.) Jackfish 3 steam-assisted gravity drainage (SAGD) project, 15 km southeast of Conklin, Alta.

CNOOC completes acquisition of oil sands operator OPTI

Nov 28, 2011

A unit of CNOOC Ltd. completed its $2.1 billion acquisition of Canadian oil sands producer OPTI Canada Inc., Calgary (OGJ Online, July 20, 2011).

Powder River cyclic carbon dioxide injection nears

Nov 23, 2011

Linc Energy Ltd., Brisbane, will soon start cyclic carbon dioxide injection into one of several fields in which it plans to implement enhanced oil recovery projects in the Powder River basin in Wyoming.

Kinder Morgan to buy carbon dioxide-helium assets

Nov 17, 2011

A unit of Kinder Morgan Energy Partners LP will buy carbon dioxide and helium holdings on the St. Johns dome in Arizona and New Mexico from Enhanced Oil Resources Inc., Houston, for $30 million.

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