Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

GeoPark makes oil discovery in Colombia

Aug 28, 2015

GeoPark Ltd. has drilled and completed its Chachalaca 1 exploration well on Llanos 34 Block in Colombia. The company tested the 12,270-ft well, which produced 1,100 bo/d of 30° gravity oil with 6% water cut, the company said.

Tap Oil signs PSC for block offshore Myanmar

Aug 28, 2015

Tap Oil Ltd. reported its entry into Myanmar following the signing of the production-sharing contract for shallow-water Block M-7 in the Moattama basin offshore Myanmar. Tap holds 95% participating interest in the block and has assumed operatorship.

BLM brings its Master Leasing Plan concept to Utah

Aug 27, 2015

The US Bureau of Land Management’s Moab, Utah, field office began a 90-day comment period on Aug. 21 for a draft proposed Master Leasing Plan for 946,469 acres of public land overseen by the US Department of the Interior agency near the southeastern Utah community. The proposed MLP—Utah’s first—will follow a pattern BLM has used in developing similar plans in Colorado and Wyoming.

Deloitte: Northern Territory bullish on shale gas

Aug 26, 2015

Development of a shale-gas industry in Northern Territory could drive significant long-term economic growth and generate as much as $1 billion (Aus.) of government revenue, according to recent study by Deloitte Access Economics commissioned by the Australian Petroleum Production & Exploration Association.

Erin Energy enters next phase of onshore Kenya exploration

Aug 24, 2015

Houston independent Erin Energy Corp. has entered into the next phase of onshore exploration in Kenya after being given government approval to enter the first additional exploration period (FAEP) on its L1B and L16 onshore blocks.

Mexico’s CNH approves Gigante multibeam, coring, geochemical survey

Aug 24, 2015

Mexico’s National Hydrocarbons Commission (CNH) has authorized the acquisition of multibeam, coring, and geochemical analysis data over a 600,000 sq km area in Mexican waters. TGS-NOPEC Geophysical Co. (TGS) will conduct the work.

Cobalt to sell deepwater Angolan blocks

Aug 24, 2015

Cobalt International Energy Inc. has agreed to sell its interests in two blocks in deep water offshore Angola to state-owned Sonangol for $1.75 billion and will concentrate on appraisal and development of deepwater discoveries in the Gulf of Mexico.

OGJ Newsletter

Aug 24, 2015

International news for oil and gas professionals

AFPM Q&A-1: Safety, gasoline processing questions addressed at annual conference

Aug 3, 2015

Gasoline processing operations, with a focus on safety, blending, and reforming issues, garnered considerable attention during the 2014 American Fuel and Petrochemical Manufacturers Q&A and Technology Forum (Oct. 6-8; Denver).

Deepwater prospects gain momentum off Morocco

May 4, 2015

Morocco's long-awaited offshore oil and gas development may soon be under way.

New analytics, modeling improve subsalt drilling safety

Mar 2, 2015

Analytical models driven by advanced computing capacity and by numerical and physical models improve safety while drilling ultradeepwater subsalt basins.

COMMENT: Mexico's energy reform: A sobriety check

Mar 2, 2015

The Mexican energy reform of 2014 encompasses all links in the oil, gas, and power value chains.

WoodMac: US unconventional enters new stage

Dec 12, 2014

The unconventional oil and gas revolution is entering into a new stage with drilling and completion techniques pioneered in unconventional plays now being used to exploit all types of rock in mature US basins, according to research and advisory firm Wood Mackenzie.

Global reserves, oil production show increases for 2014

Dec 1, 2014

Oil & Gas Journal's annual look at worldwide proved reserves shows increases compared with a year ago. Reserves estimates for crude oil and lease condensate now total 1.656 trillion bbl, up from 1.647 trillion bbl reported in last year's survey (OGJ, Dec. 2, 2013, p. 30).

Momentum shifts in favor of development in Colorado

Oct 21, 2014

-Momentum appears to be shifting in the oil and gas industry's favor in Colorado after Gov. John Hickenloooper brokered a compromise that keeps off the November ballot two initiatives that were poised to place greater restrictions on development, and legal and political setbacks befell separate local measures that sought to restrict or ban hydraulic fracturing.

Texas earthquakes prompt regulators to take action

Oct 21, 2014

A series of unusual earthquakes in North Texas is prompting state regulators to look closely at a potential link between seismic activity and wastewater injection wells.

Oil & Gas Conferences

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Exploration & Development Webcasts

Integrated Operations & Maintenance: A Step Change to Improve Productivity & Mitigate Operational Risk

West Engineering Services and IBM will discuss how the oil & gas companies are driving toward both greater productivity and reduced risk through new integrated operation approaches.  These...
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IBM

Maximizing Upstream Performance - Achieving Lasting Data Quality through Proven Workflows

This webinar is the second of a two part series which will discuss how Petris provides integrated solutions using a common data model that ensures efficient workflows across field operations - capi...
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OGJ Annual Forecast & Review Webcast 2011

Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast and Review special report.

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A New Frontier: Drilling & Evaluation Challenges and Future Outlook

Learn more about the key challenges, opportunities and outlook for the future that both service companies & operators face by attending this on-demand webcast.

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Oil & Gas Exploration Whitepapers

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 technological advances in the oil and gas industry such as horizontal and multi-pad drilling an...
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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 markets for demonstrating outstanding achievement and superior performance in areas such as: ...
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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. There are safety measures that can be implemented to lower the risks, reduce the severity of accide...
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