Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

Woodside enters license offshore Morocco

Nov 26, 2014

Woodside Petroleum Ltd. has secured another area offshore Morocco by taking up a reconnaissance license with the country’s national oil company over an ultradeepwater block adjacent to permits it farmed into with Chariot Oil & Gas in July.

Karoon scores with Kangaroo-2

Nov 26, 2014

Karoon Gas Australia Ltd., Melbourne, has found multiple oil-bearing reservoirs in its Kangaroo-2 appraisal well in the Santos basin offshore Brazil.

Gazprom, PetroVietnam sign agreement for two fields in Russia

Nov 26, 2014

OAO Gazprom and PetroVietnam on Nov. 25 signed a framework agreement for the joint development of two fields in Russia.

 

NEB raises oil, gas resource estimates for Northwest Territories

Nov 25, 2014

Canada’s National Energy Board (NEB) on Nov. 25 released its “Assessment of Discovered Conventional Petroleum Resources in the Northwest Territories and Beaufort Sea,” revealing that the overall resource evaluation for the Northwest Territories (NWT) is thought to be larger than previously estimated.

TransAtlantic completes Dadas interval in southeast Turkey

Nov 25, 2014

TransAtlantic Petroleum Ltd., Dallas, says it successfully completed the Dadas interval at a vertical depth of 9,650 ft in the Molla area of southeast Turkey.

TAG Oil hits oil, gas-bearing sands in Taranaki basin

Nov 25, 2014

The Cheal-E-JV-6 step-out well operated by Tag Oil Ltd., Vancouver, BC, intersected more than 9 m of net oil and gas-bearing sands in the Mt. Messenger formation, satisfying the well’s main objective.

Moody’s: E&P spending to dip as crude oil prices slide

Nov 25, 2014

Weakening crude oil prices will cut exploration and production spending by independent producers in the US next year and make integrated oil and gas companies wary of upstream projects dependent on a price of $80/bbl, according to Moody’s Investors Service.

Beach Energy JV adds to western flank discoveries

Nov 25, 2014

Beach Energy Ltd., Adelaide, has continued its successful run in the western flank region of the Cooper-Eromanga basins in South Australia.

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).

Oil & Gas Conferences

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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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

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

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Duty of Care

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OIL & GAS INDUSTRY STATISTICS

Market Connection

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PUBLIC AUCTION: Complete Liquidation of Offshore/Onshore Heavy Fabrication Facility

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Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate 45,000 BPD, Production: 2,500 short tons per day. Two drums 29’diameter each, chrome steel, stainless lined. Fractionator is 16’ dia x 110’ partially stainless lined. Additional Oil Refinery Process Units Available: Crude Units, Hydrotreaters, Sulfur Recovery Units, Visbreaker Hydrogen plants and twonew  coke drums, unused, stored west coast. Contact: carlvalentino21@gmail.com , 832.723.7545

Coker Unit For Sale

Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate...
Proco

Proco Products: Your Expansion Joint Source for Mud Tanks, Frac Tanks, Shale Shakers

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
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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