More Oil & Gas Exploration and Development News

Beach, Drillsearch make wet gas discovery in Cooper basin

Feb 11, 2015

A joint venture of Beach Energy Ltd. and Drillsearch Energy Ltd. has made a wet gas discovery with its Ralgnal-1 wildcat well in retention lease 130 (formerly PEL 106) in South Australia’s Cooper basin.

Continental Resources completes more Springer wells

Feb 10, 2015

Wells competed by Continental Resources Inc. last year reaffirmed the repeatability and growth potential of the Springer play in South Central Oklahoma Oil Province (SCOOP), said Harold G. Hamm, Continental chairman and chief executive officer.

Permian briefs

Feb 10, 2015

IHS: shale supply chain benefits diverse

Feb 10, 2015

A diverse group of supply-chain industries is benefitting from unconventional oil and gas development in the US, according to a study that IHS released last year.

Texas A&M studies water used for Eagle Ford fracturing

Feb 10, 2015

Development of unconventional plays led to a rapid proliferation of the use of hydraulic fracturing, which has boosted US production rates. Yet, fracturing remains under intense scrutiny for various reasons, including water usage.

MEO, Eni to exchange sections of Timor Sea permit

Feb 10, 2015

MEO Australia Ltd., Melbourne, and Eni SPA—MEO’s joint-venture partner in the NT/P68 permit in the Timor Sea—have decided to split the permit between them.

CNOOC signs two South China Sea PSCs with SK Innovation

Feb 10, 2015

China National Offshore Oil Corp. Ltd. signed two production-sharing contracts with SK Innovation Co. Ltd., Seoul, for two blocks in the Pearl River Mouth basin of the South China Sea.

Recent audit shows Trinidad and Tobago with 500 million bbl of 3P reserves

Feb 10, 2015

An audit of Trinidad and Tobago’s oil and condensate reserves shows that the Caribbean twin-island nation has 508.4 million bbl of proved, probable, and possible (3P) reserves.

Association presidents want more access in next 5-year OCS plan

Feb 9, 2015

The presidents of three major US oil and gas trade associations urged the US Bureau of Ocean Energy Management to keep more of the US Outer Continental Shelf available for oil and gas leasing as the agency prepared to begin public meetings about the draft proposed 2017-22 US OCS Oil and Gas Leasing Program.

Statoil well appraises discovery near Oseberg in North Sea

Feb 9, 2015

The Norwegian Petroleum Directorate reported results from an appraisal well drilled in the North Sea by Statoil ASA, operator of production license 035.

After Keystone nod, Congress should okay ANWR leasing

Feb 9, 2015

Now that it has passed legislation supporting the Keystone XL pipeline, Congress should approve oil and gas leasing of the Arctic National Wildlife Refuge coastal plain in Alaska.

White House proposes making ANWR coastal plain wilderness

Feb 9, 2015

The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its coastal plain, as wilderness.

OGJ's top tweets of 2014

Feb 9, 2015

One of the most important concepts for any decent writer to master is this: Know your audience. Luckily for those reporting on news and technology for Oil & Gas Journal, this concept is a relative no-brainer.

BOEM schedules public meetings about draft proposed 5-year OCS plan

Feb 6, 2015

The US Bureau of Ocean Energy Management will hold the first of 20 public meetings in Washington on Feb. 9 to receive public comments on potential environmental impacts of the draft proposed 2017-22 5-year US Outer Continental Shelf Oil and Gas Leasing Program. The US Department of the Interior and BOEM released the draft on Jan. 27.

DOI's 2017-22 draft proposed OCS program includes Mid-Atlantic sale

Feb 6, 2015

The US Department of the Interior released a draft proposed 2017-22 Outer Continental Shelf management program that included 14 potential oil and gas lease sales in 8 planning areas, including one off South and Mid-Atlantic coastal states.

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