More Oil & Gas Exploration and Development News

Repsol drills dry hole offshore Trinidad and Tobago

Apr 17, 2014

Spain’s Repsol has drilled a dry hole with its Pinter One offshore Trinidad and Tobago’s east coast. The dry hole represents a major failure for the company, which has been trying to boost its falling crude production from its Teak Samman and Pouis acreage.

Total discovers oil deep offshore Ivory Coast

Apr 17, 2014

Total Exploration & Production says its Saphir-1XB exploratory well discovered oil in deepwater off Ivory Coast.

US gas reserve growth in 2013 was robust, AGA estimates

Apr 17, 2014

US natural gas producers added more than 35 tcf of reserves in 2013, the American Gas Association said in its latest annual preliminary estimate based on reported results by the 30 largest companies representing more than half of the total US production and reserves.

Shell makes deepwater gas discovery offshore Malaysia

Apr 17, 2014

Royal Dutch Shell PLC has made a natural gas discovery with the Rosmari-1 well, which was drilled 135 km offshore Malaysia on Block SK318.

CANADA Briefs

Apr 16, 2014

OTHER REGIONAL Briefs

Apr 16, 2014

MARCELLUS & UTICA Briefs

Apr 16, 2014

Energy reform could unlock Mexico's shale resource potential

Apr 16, 2014

The oil and gas industry is watching with great interest as energy reforms unfold in Mexico. The country has taken the first steps toward opening its energy industry to outside investment that could unlock the potential of its massive unconventional resource.

Bakken leader Continental Resources drills deeper into Three Forks formation

Apr 16, 2014

The Bakken-Three Forks tight oil formation is already one of the top producing oil plays in the US, but leading operator Continental Resources Inc. believes there may be even more oil in place than previously thought in deeper benches of the Three Forks formation.

BP farms out deepwater blocks offshore Trinidad and Tobago

Apr 16, 2014

BP PLC has farmed out the majority interest of its two deepwater blocks offshore the east coast of Trinidad and Tobago to BHP Billiton Ltd., Melbourne. OGJ has confirmed that the deal was concluded just over a month ago and both companies have so far been tight lipped about it. However BP has now confirmed the deal in an e-mail response to questions from OGJ.

BOEM proposes Lease Sale 238 in western Gulf of Mexico

Apr 15, 2014

The US Bureau of Ocean Energy Management (BOEM) will offer 3,992 blocks over 21.4 million acres offshore Texas for oil and gas exploration and development in August’s western Gulf of Mexico Lease Sale 238.

Santos tests gas at Mt Kitty-1 in central Australia

Apr 15, 2014

The Santos Ltd.-operated wildcat Mt Kitty-1 in the Amadeus basin of central Australia has flowed gas on test from four zones in the target Heavitree formation below 2,140 m subsurface.

Seismic survey completed offshore Namibia

Apr 14, 2014

Pancontinental Oil & Gas NL, Perth, reports completion of a 3,000-sq-km 3D seismic survey on a license operated by Tullow Kudu Ltd. in the Walvis basin offshore Namibia.

Total, partners reach FID for Kaombo project off Angola

Apr 14, 2014

Total SA and its joint venture partners have made a final investment decision (FID) on development of the ultradeepwater Kaombo project on Block 32 about 260 km offshore Luanda, Angola, reducing its capital expenditure from $20 billion to $16 billion.

Old basins, new ideas

Apr 14, 2014

The accepted paradigms in today's exploration industry seem obvious yet in their origins were often difficult to understand. Historically, new geologic concepts have experienced relatively slow acceptance due to perceived high risks, unfavorable price environments, and a lack of enabling technologies.

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