More Oil & Gas Exploration and Development News

Oryx plots path to oil production in Iraq Kurdistan

Nov 11, 2013

Oryx Petroleum Corp., Calgary, said it believes it is months away from a commerciality declaration and could start oil production in mid-2014 from its Demir Dagh discovery in the Kurdistan Region of Iraq.

Caracal-Glencore pumping oil from Chad’s Badila field

Nov 11, 2013

Caracal Energy Inc., Calgary, said oil production began from Badila field in southern Chad on Sept. 30 and as of Nov. 6 was being pumped through a pipeline at a rate of 5,100 b/d.

China seen replacing Russia as central Asia's outside energy force

Nov 11, 2013

China potentially could supplant Russia as the main energy broker in central Asian countries that don't have their own significant fossil fuel resources, suggested 10 graduate fellows from the region at Johns Hopkins University's School for Advanced International Studies.

Exploration/Development Briefs

Nov 11, 2013

Kazakhstan: Aral completes North Block development well

Nov 8, 2013

Aral Petroleum Capital LP has tested Well 306 in East Zhagabulak field on its 100% owned 380,000-acre North Block in the North Caspian basin in Kazakhstan at the rate of 579 b/d of oil.

Statoil plans 20-25 exploration wells off Norway

Nov 7, 2013

Statoil plans to drill 20-25 exploration wells offshore Norway in 2014, operating about two-thirds of them.

Norway: Lundin completes Sverdrup appraisal well

Nov 7, 2013

Lundin Petroleum AB, Stockholm, said its Norwegian affiliate has completed the Johan Sverdrup 16/3-7 appraisal well in the southeastern part of PL501 offshore Norway.

Madagascar: Multiclient 2D surveys starting offshore

Nov 7, 2013

Seismic contractors TGS and BGP have begun shooting multiclient 2D seismic, gravity, and magnetic surveys offshore northwestern Madagascar utilizing the M/V Challenger vessel.

Alaska North Slope/Beaufort tracts draw 92 lease bids

Nov 6, 2013

Winning offers totaled $5.4 million as several bidding groups submitted 92 bids for 91 North Slope and Beaufort Sea exploratory tracts in Alaska areawide lease sales Nov. 6.

 

Montney marketables put at 449 tcf, 15.5 billion bbl

Nov 6, 2013

The Montney formation in British Columbia and Alberta is one of the world’s largest hydrocarbon resources that could meet Canada’s natural gas needs for 145 years at present consumption rates, the National Energy Board said Nov. 6.

Madagascar: ExxonMobil deepwater licenses extended

Nov 6, 2013

ExxonMobil Corp. affiliates will resume work in preparation for deepwater exploratory drilling after Madagascar formalized extensions to three production sharing contract licenses.

Kazakhstan: Sagiz W., Uytas field appraisal wells promising

Nov 6, 2013

Max Petroleum PLC plans to test appraisal wells that encountered oil indications in Sagiz West and Uytas fields on the Guriyev arch in the North Caspian basin north of supergiant Tengiz field in western Kazakhstan.

Consol to stress gas output growth, sell five coal mines

Nov 5, 2013

Consol Energy Inc., Pittsburgh, will emphasize Appalachian natural gas production growth and has arranged the $3.5 billion sale to a unit of Murray Energy Corp. of its Consolidation Coal Co. subsidiary that operates five longwall steam coal mines in West Virginia.

Quicksilver, Eni eye Delaware basin oil exploration

Nov 5, 2013

Quicksilver Resources Inc., Fort Worth, and Eni SPA will jointly explore for oil on 52,500 gross acres held by Quicksilver in the Delaware basin of West Texas.

Turkmenistan: Dragon ramping up Caspian oil output

Nov 5, 2013

Dragon Oil PLC said its oil production averaged 74,300 b/d in the quarter ended Sept. 30 from Lam and Zdanov fields in the 950 sq km Cheleken contract area at the eastern end of the Apsheron ridge in the Caspian Sea offshore Turkmenistan.

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