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More Oil Field Drilling News

California: JV possible on Zaca extension portion

Oct 31, 2012

Sovereign Resources LLC, Dallas, has signed a letter of intent under which it would form a joint venture with Underground Energy Corp., Santa Barbara, Calif., on part of Underground’s Zaca field extension project in Santa Barbara County, Calif.

Thailand: Northern gulf Kinnaree wildcat spudded

Oct 31, 2012

A group led by Pearl Oil (Amata) Ltd. has spudded the Kinnaree-1 exploratory well on the G1/48 concession in the Kra basin in the northern Gulf of Thailand offshore Thailand.

Kenya: Second onshore wildcat encounters oil

Oct 31, 2012

Tullow Oil PLC said its Twiga South-1 exploratory well on Block 13T in northwestern Kenya has encountered oil.

Quebec: Gaspe well has 1,850 m of hydrocarbon shows

Oct 31, 2012

Petrolia, Rimouski, Que., said it has installed tubing and will conduct a sustained production test of an open hole interval at 1,832-2,746 m in the Bourque-1 well in Quebec to see if it can obtain commercial oil flows.

Israel: Adira to farm out Mediterranean stakes

Oct 26, 2012

Adira Energy Ltd., Toronto, will farm out partial interests in its Mediterranean licenses offshore Israel to Tohar Hashemesh Ltd.

Colorado: Carrizo, China firm to form Niobrara JV

Oct 26, 2012

Carrizo Oil & Gas Inc. and Haimo Oil & Gas LLC will form new joint venture in the Niobrara play in the Denver basin in northeastern Colorado.

Egypt: Sea Dragon-Dana to return Kom Ombo acreage

Oct 22, 2012

Sea Dragon Energy Inc., Calgary, and Dana Gas have fulfilled the work commitment for the Kom Ombo Block 2 concession 1,000 km south of Cairo, Egypt, and will surrender the balance of the area in January 2013.

Louisiana: Development wells discover 15 new pools

Oct 19, 2012

Saratoga Resources Inc., Houston, has completed three oil and gas development wells in Southeast Louisiana that also encountered 15 new pool discoveries in sands that had no booked reserves allocated before drilling.

Chad: Simba Energy signs PSC for three exploratory blocks

Oct 19, 2012

Simba Energy Inc., Vancouver, BC, said it has signed a production sharing contract with Chad for 100% interest in three prospective oil and gas blocks in the Doba, Doseo, and Erdis basins.

Norway: Lundin group spuds Barents exploratory well

Oct 11, 2012

Lundin Petroleum AB said its Norwegian subsidiary has spudded the 7120/6-3 S exploratory well on the Snurrevad-Juksa prospect in PL490 in the Barents Sea offshore Norway.

Indonesia: Kalimantan CBM acreage agreement signed

Oct 11, 2012

Indonesia’s government and CBM Asia Development Corp., Vancouver, BC, have signed a production sharing contract for the 1,500 sq km Kuala Kapuas I CBM block in the central Barito basin of South Kalimantan.

Comoros: Single oil exploration agreement in force

Oct 11, 2012

The government of the Comoros Islands offshore East Africa between Mozambique and Madagascar issued a statement that Mozambique Channel Discovery, a subsidiary of Boulle Mining Group, is the only company to have a valid oil and gas exploration and production agreement in Comoros territorial waters.

New Zealand: Deepwater Taranaki may get action

Oct 11, 2012

New Zealand Oil & Gas Ltd. has reached a conditional agreement to acquire a 6.667% interest, 5% of which is carried, in Petroleum Exploration Permit 38451 in the Deepwater Taranaki basin offshore New Zealand.

Yemen: Calvalley updates Masila Block 9 oil output

Oct 10, 2012

Calvalley Petroleum Inc., Calgary, said its Ras Nowmah-4 appraisal well on Block 9 in Yemen’s Masila basin is on early production at a restricted 400 b/d of oil from Cretaceous Qishn with limited pressure drawdown.

New Zealand: NZEC to manage East Coast basin permit

Oct 9, 2012

A subsidiary of New Zealand Energy Corp., Vancouver, BC, will enter a joint venture agreement with Westech Energy New Zealand, a subsidiary of Energy Corp. of America, under which NZEC can acquire 80% ownership and become the operator of a permit in New Zealand’s East Coast basin.

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