Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

Statoil halts Kwanza exploration program offshore Angola

Nov 21, 2014

Statoil ASA has canceled the Stena Carron rig contract, effective Nov. 21, after fulfilling work commitments in company-operated Blocks 38 and 39 of the presalt Kwanza basin offshore Angola.

Bids spike in Northern Alaska lease sales

Nov 19, 2014

Alaska’s Division of Oil & Gas received 356 bids on 298 tracts in its 2014 Northern Alaska area-wide lease sales, trumping the 92 bids received for 91 tracts in the same areas last year.

NOIA, API studies list benefits of more federal OCS leasing

Nov 19, 2014

Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs and raise more than $200 billion in revenue for the government, according to recent studies released jointly by the National Ocean Industries Association and the American Petroleum Institute.

Cairn-led JV makes another oil discovery offshore Senegal

Nov 19, 2014

A well drilled offshore Senegal by a group led by Cairn Energy PLC will be plugged and abandoned following completion of logging operations, and will be appraised next year.

CNOOC makes oil find with Lufeng well in South China Sea

Nov 19, 2014

China National Offshore Oil Corp. Ltd. reported what it is calling a midsized oil discovery in the eastern part of the South China Sea.

Eni signs PSA addendum to extend E&P work in Turkmenistan

Nov 18, 2014

Eni SPA has signed an addendum to the production-sharing agreement (PSA) it has with Turkmenistan with respect to the onshore Nebit Dag block in western Turkmenistan.

Eni, Sonangol to study nonassociated gas

Nov 18, 2014

Eni SPA and state-owned Sonangol have entered a strategic agreement to assess potential of nonassociated gas in the Lower Congo basin offshore Angola.

Kitabu-1 well offshore Malaysia is dry

Nov 18, 2014

A well designed to test Miocene turbidite sands similar to pay in South Furious 30 oil field 4 km to the south offshore Sabah, Malaysia, is dry.

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.

Hydraulic fracturing battle has moved to several local ballot boxes

Oct 6, 2014

Opponents of hydraulic fracturing, horizontal drilling, and other unconventional oil and gas development technologies have changed their focus to local governments.

New SEG chief eyes mainstream role for full-waveform inversion

Oct 6, 2014

When asked about important geophysical trends, the new president of the Society of Exploration Geophysicists points to a seismic processing method called full-waveform inversion (FWI).

EPA hydraulic fracturing study may be prelude to new federal rules

Aug 13, 2014

Oil and gas operations have historically been regulated mainly at the state level, though the expansion of hydraulic fracturing activities has brought with it an expansion in the number and sources of regulations facing operators.

Monterey proves more complex than average shale play

Aug 13, 2014

A pending cut in the Energy Information Administration's resource estimate for the Monterey shale reflects the complexity of the play relative to other US tight oil plays and the need for more research into its geology.

GUIDE TO WORLD CRUDES: BP updates assay for Angolan Saturno crude

Aug 4, 2014

Based on a sample taken Feb. 4, 2014, BP PLC has published an updated assay of its Saturno Blend crude oil, which is the marketing name for production from Plutão, Saturno, Venus, and Marte (PSVM) fields in the ultradeepwater area of Block 31 off Angola (OGJ Online, Jan. 31, 2013; Feb. 4, 2009; Nov. 24, 2003; Mar. 17, 2003).

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OGJ Annual Forecast & Review Webcast 2011

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Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Refinery Units and Equipment for Sale (PA)

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

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