Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

La Jolla Conference: Mexican energy reform a ‘telenovela,’ panelist says

May 27, 2015

Energy reform in Mexico is a telenovela wherein stories of intrigue and suspense will arise, but in the end, everything will turn out okay, opined Duncan Wood, director of the Mexico Institute at the Woodrow Wilson International Center for Scholars, during a May 21 panel discussion at the XXIV La Jolla Energy Conference in La Jolla, Calif.

CNOOC makes midsized oil discovery in eastern South China Sea

May 27, 2015

CNOOC Ltd. has made a midsized oil discovery in the Liuhua 20-2 structure in the Northern Slope Belt of the Baiyun Sag, which lies in the Pearl River Mouth basin of the South China Sea.

First assessment of NWT shales suggests multibillion barrel resource

May 27, 2015

An estimated 145 billion bbl of oil in place are in the Canol shale in Canada’s Northwest Territories, while the thinner Bluefish shale could contain 45 billion bbl in place, Canada’s National Energy Board and Northwest Territories jointly said on May 22 in the first government assessment of the formations’ resource potential.

Sole field enters into FEED stage

May 26, 2015

Sole, the previously stranded natural gas field in eastern Bass Strait, has entered into the front-end engineering and design stage and its owners are working towards making a final investment decision on development timed for third-quarter 2016.

Eni makes another Area D strike offshore Libya

May 26, 2015

Eni SPA estimates a natural gas and condensate discovery well in the Bouri North prospect offshore Libya can flow more than 3,000 boe/d when configured for production.

La Jolla Conference: Regulations still constraining unconventional energy development

May 26, 2015

While unconventional oil and gas production in the US remains mostly resilient amid the industry downturn, energy policy under the Obama administration hasn’t made things easier on companies forced to cope with new market realities, panelists said on May 20 during the XXIV La Jolla Energy Conference in La Jolla, Calif.

Second Mid-Atlantic sale needed in next OCS plan, House panel told

May 25, 2015

The US Department of the Interior should schedule a second Mid-Atlantic Outer Continental Shelf oil and gas lease sale-and hold it earlier than in 2021-as it prepares its final 2017-22 OCS management plan, witnesses told a US House Natural Resources subcommittee.

OGJ Newsletter

May 25, 2015

International news for oil and gas professionals

Deepwater prospects gain momentum off Morocco

May 4, 2015

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

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.

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.

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.

Illinois shale exploration remains in limbo as regulators consider draft fracing rules

Oct 21, 2014

Illinois is making progress toward a regulatory framework for hydraulic fracturing after the Illinois Department of Natural Resources (IDNR) released a second set of draft rules for the well stimulation process in late August.

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OGJ Annual Forecast & Review Webcast 2011

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