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More Oil & Gas Exploration and Development News

Beach drills four successful Cooper basin wells

Jun 18, 2013

Beach Energy Ltd., Adelaide, has cased and suspended as future oil producers four wells in the Cooper basin in South Australia’s Western Flank region. The wells are in permit PEL 91.

Illinois governor signs hydraulic fracturing regulation

Jun 18, 2013

Illinois Gov. Pat Quinn has signed into law regulation for high-volume hydraulic fracturing, the governor’s office said in a news release.

Petrominerales tests Llanos oil find at 5,900+ b/d

Jun 18, 2013

Petrominerales Corp., Calgary, will conduct long-term production tests at a multizone oil discovery on its 100% owned Casanare Este block in Colombia’s central Llanos basin.

Iraq: Oryx spuds Hawler license’s third wildcat

Jun 18, 2013

Oryx Petroleum Corp., Calgary, has spudded the AAS-1 exploratory well on the Hawler license in the Kurdistan Region of Iraq.

GeoPark has Guadalupe oil find on Llanos 34 block

Jun 17, 2013

A group led by GeoPark Holdings Ltd. has spudded an appraisal well after discovering a fourth oil field on the Llanos 34 block in Colombia and said it has identified several more prospects on the block.

Vietnam: Origin group spuds Phu Khanh basin wildcat

Jun 17, 2013

A group led by a subsidiary of Origin Energy Ltd., Sydney, has spudded the 121-Ca Vol-1X wildcat on Block 121 in the Phu Khanh basin offshore central Vietnam.

Shale oil, gas resources 'abundant' worldwide, EIA/ARI study finds

Jun 17, 2013

Shale oil and shale gas resources are "abundant" around the globe, according to a recent study conducted by Advanced Resources International Inc. under contract to the US Energy Information Administration.

Noble Energy group confirms potential at Gunflint

Jun 17, 2013

A group led by Noble Energy Inc., Houston, said its second Gunflint appraisal well in the deepwater Gulf of Mexico confirmed an estimated gross resource of 65-90 million bbl of oil equivalent in the primary structure at 75th and 25th percentile probabilities, in line with the company’s expectations.

Glencore to develop Chad’s Badila, Mangara oil fields

Jun 17, 2013

GlencoreXstrata PLC has completed taking a farmout in southern Chad from Caracal Energy Inc., Calgary, formerly Griffiths Energy International Inc.

Sound policies needed to develop oil, gas resources, Watson says

Jun 17, 2013

US government policymakers should use the opportunity that a dramatically improved US oil and gas outlook provides to generate more federal revenue by reforming the federal tax code, increasing access to public lands, and encouraging more thoughtful environmental policies, Chevron Corp. Chief Executive Officer John S. Watson suggested.

Witnesses describe benefits from expanding OCS activity

Jun 17, 2013

Expanded oil and gas activity on the US Outer Continental Shelf would produce substantial economic and energy security benefits, three witnesses told a US House Natural Resources subcommittee.

Exploration/ Development Briefs

Jun 17, 2013

OGJ Newsletter

Jun 17, 2013

International news for oil and gas professionals

Canacol spuds shale oil exploratory well in Colombia

Jun 14, 2013

Canacol Energy Ltd., Calgary, and ConocoPhillips have spudded the Oso Pardo-1 exploratory well to test the oil potential of the shallow conventional Tertiary Lisama sandstone reservoir and deeper naturally fractured shale and carbonate reservoirs in the Cretaceous La Luna and Simiti shales.

Colombia: Platino spuds Putumayo exploratory well

Jun 14, 2013

Platino Energy Corp., Calgary, has spudded the Coati-1 well, its first exploratory well on the Coati block in the southern Putumayo basin in Colombia.

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