Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

Venezuela, Trinidad and Tobago sign energy accord

Mar 5, 2015

Venezuela and neighboring Trinidad and Tobago have signed an agreement that will enable both countries to develop the Manakin-Cocuina natural gas fields along their shared maritime border.

Lundin investigates hydrocarbon potential of North Sea’s Morkel prospect

Mar 5, 2015

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has started drilling exploration well 33/2-2S to investigate the hydrocarbon potential and reservoir properties of the Jurassic section of the Morkel prospect in PL579 of the northern North Sea.

Vaalco commences drilling on Block 5 offshore Angola

Mar 5, 2015

Vaalco Energy Inc., Houston, has spudded the post-salt Kindele-1 well on Block 5 offshore Angola to test a fault block adjacent to the Mubafo discovery, which tested oil from the Mucanzo sand section within the Pinda group formations.

BOEM proposes lease sale for western Gulf of Mexico

Mar 3, 2015

The US Bureau of Ocean Energy Management (BOEM) will offer more than 21 million acres offshore Texas for oil and gas exploration and development, including all available unleased areas in the western Gulf of Mexico planning area, in Lease Sale 246, scheduled for August in New Orleans.

GOM REVENUE SHARING-1 Lease sales drive gulf OCS revenues

Mar 2, 2015

The Gulf of Mexico (GOM) Energy Security Act of 2006 (GOMESA) provides for sharing offshore lease revenues in the GOM Outer Continental Shelf (OCS).

Kosmos well establishes gas, condensate potential of Laayoune basin off Morocco

Mar 2, 2015

A noncommercial gas and condensate discovery offshore Morocco establishes exploratory potential of the frontier Laayoune basin, reports operator Kosmos Energy.

Total to take operatorship of Elk-Antelope field

Mar 2, 2015

Total SA has been unanimously voted operator of the joint venture operating Elk-Antelope gas field in petroleum retention license 15 in the eastern highlands of Papua New Guinea.

OGJ Newsletter

Mar 2, 2015

International news for oil and gas professionals

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.

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.

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.

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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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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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