More Oil Discoveries News

Cooper to buy 50% of offshore Gippsland Sole gas field

Dec 17, 2014

Cooper Energy Ltd., Adelaide, has bought a 50% interest in the offshore Gippsland Sole dry gas field in retention lease Vic/RL3 as well as 50% of the Orbost onshore gas plant in eastern Victoria from Santos Ltd.

Eni reports flow test rates for well offshore Congo (Brazzaville)

Dec 15, 2014

A production test conducted by Eni SPA on the Minsala Marine 1 NFW well offshore Congo (Brazzaville) flowed 5,000 b/d of 41° gravity oil and 14 MMscfd of gas from an opened section comprising 37 m out of the 420 m oil column identified in the discovery.

EOG sees crude potential in Leonard, Second Bone Spring

Dec 12, 2014

EOG Resources considers various formations within the Delaware basin of West Texas and New Mexico to be one of its three top US plays with the other two plays being the Eagle Ford in south Texas and the Bakken in North Dakota.

OSHA seeks to limit silica exposure for oil workers, Proposed rules target frac sand mining, fracturing

Dec 12, 2014

The rapid growth in oil and gas production from shale and tight oil formations in the US is generating a boom in a related industry: frac sand. Sand is frequently used as a proppant in hydraulic fracturing.

Bakken producers face possible new vapor pressure standards

Dec 12, 2014

Oil producers in the Bakken, Three Forks, and Sanish plays could face new transportation safety regulations from the North Dakota Industrial Commission that would set operating standards for oil-conditioning equipment at the well to separate production fluids into gas and liquid.

Santos makes gas discovery in Cooper basin

Dec 12, 2014

Santos Ltd. has made a wet natural gas discovery in its South Australian Cooper basin permit PEL 513.

Senex moves to commercialize Cooper basin gas field

Dec 11, 2014

Senex Energy Ltd., Brisbane, has successfully tested a sidetrack of the 2007 Vanessa-1 gas discovery in South Australia’s Cooper basin as part of its bid to commercialize the field.

Stone drills successful Utica exploration well

Dec 10, 2014

Stone Energy Corp., Lafayette, La., reported that its Pribble 6HU well in Wetzel County, W.Va., flowed from a 3,605-ft lateral at 30 MMcfd during the last 24 hr of a 5-day test.

Origin makes Otway gas discovery

Dec 9, 2014

Origin Energy Ltd., Sydney, has made a gas discovery in the offshore Otway basin of western Victoria.

Centrica makes gas discovery northeast of Aasta Hansteen field

Dec 8, 2014

The Norwegian Petroleum Directorate reported what it is calling a minor gas discovery made by Centrica Resources Norge AS.

InterOil confirms Raptor discovery in Papua New Guinea

Dec 3, 2014

InterOil Corp. has confirmed the presence of a “multihundred-meter hydrocarbon column” in excess of the 200-m gross gas interval previously encountered by the Raptor-1 well, 12 km west of Antelope field in Papua New Guinea.

Petrobras makes deepwater discovery in Colombian Caribbean

Dec 3, 2014

Petroleo Brasileiro SA (Petrobras) has discovered a natural gas accumulation with the Orca–1 exploratory well drilled on the Tayrona block in the deepwater Caribbean Sea, 40 km offshore La Guajira, Colombia.

Marathon makes oil, gas discovery via Jisik-1 in Kurdistan

Dec 1, 2014

Marathon Oil KDV BV, a wholly owned subsidiary of Marathon Oil Corp., discovered with its Jisik-1 exploration well multiple stacked oil and natural gas producing zones over an extensive gross interval of both Jurassic and Triassic reservoirs.

US-African energy moves

Dec 1, 2014

Getting electricity to more Africans is a top priority at the US Department of State's Bureau of Energy Resources (ENR), an official told a House Foreign Affairs Committee subcommittee on Nov. 14.

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.

Market Connection

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January 26, 2015
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