More Oil & Gas Exploration and Development News

Vaalco spuds exploration well offshore Gabon

Jan 10, 2014

Vaalco Energy Inc. has spudded an exploration well in the Dimba prospect about 7 miles northeast of the Etame field offshore Gabon.

PA Resources completes long-term drillstem test in Equatorial Guinea

Jan 10, 2014

PA Resources AB has completed a long-term drillstem test on the Diega accumulation on Block I in Equatorial Guinea, resulting in the release of the Atwood Hunter rig.

Gazprom Neft completes Badra appraisal well in Iraq

Jan 9, 2014

JSC Gazprom Neft reports completion of well testing at its BD4 appraisal well in the Badra field in eastern Iraq, recording a natural flow rate of 7,000 b/d.

Gulf of Mexico: Energy XXI to plug, abandon Merlin well

Jan 7, 2014

Energy XXI, Houston, reported in a Jan. 7 operations update that it will plug and abandon its Merlin well on Vermilion Block 179 in the Gulf of Mexico. Merlin, which was drilled to 19,915 ft MD (15,700 ft TVD), “did not encounter commercial hydrocarbons,” the company said.

BLM issues draft EIS for Newfield’s Monument Butte project

Jan 7, 2014

The US Bureau of Land Management issued a draft environmental impact statement for Newfield Exploration Co.’s proposal to drill as many as 5,750 oil and gas wells over 16 years in an existing oil and gas producing area in Utah’s Duchesne and Uintah counties.

OGJ Newsletter

Jan 6, 2014

International news for oil and gas professionals

Lundin spuds appraisal well on Johan Sverdrup find off Norway

Jan 3, 2014

Swedish independent Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, reported that drilling has started of appraisal well 16/3-8S on the Johan Sverdrup discovery in the North Sea sector of the Norwegian Continental Shelf.

EPL to buy oil, gas assets in central Gulf of Mexico

Jan 2, 2014

EPL Oil & Gas Inc. has signed a purchase and sale agreement with Nexen Petroleum Offshore USA Inc. for oil and natural gas assets in the shallow-water central Gulf of Mexico for $70.4 million.

Statoil makes Askja oil, gas discoveries

Jan 2, 2014

Statoil ASA and PL272 partners have made a gas find in the Askja West prospect and an oil find in the Askja East prospect in the North Sea.

Gazprom presses work on East Russian gas

Dec 19, 2013

Gazprom said it will complete drilling of 14 exploratory wells and acquisition of 1,200 sq km of 3D seismic data this year in Chayandinskoye field and begin exploratory drilling in Kovyktinskoye field next year.

OMV due interests in four blocks off Gabon

Dec 18, 2013

OMV will help fund drilling of three wells next year on four exploratory blocks offshore Gabon from which it has agreed to acquire interests from operator Ophir Energy PLC, London.

BP, ConocoPhillips make oil discovery in deepwater gulf

Dec 18, 2013

BP PLC made an oil discovery at its Gila prospect in 4,900 ft of water on Keathley Canyon Block 93 about 300 miles southwest of New Orleans in the Gulf of Mexico.

Petronas reports gas find in Malaysia, oil appraisal in Indonesia

Dec 17, 2013

Malaysia’s Petronas reported a natural gas discovery in Malaysia and an oil strike in an appraisal well in Indonesia.

Dana acquires equity in two North Sea licenses

Dec 16, 2013

Dana Petroleum PLC’s wholly owned subsidiaries will purchase equity in two licenses in the Danish and German sectors of the southern North Sea from PA Resources UK Ltd. for $44 million.

Colombia shale test flows 1,863 b/d of oil

Dec 16, 2013

Canacol Energy Ltd. reported the first flow test result from its Leono 1 exploration well, spudded Nov. 9 on the company’s LLA23 contract in Colombia’s Llanos basin.

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