More Oil & Gas Exploration and Development News

Canada Briefs

Aug 13, 2014

Other Regional Briefs

Aug 13, 2014

Permian briefs

Aug 13, 2014

Petrobras confirms extension of Jupiter oil discovery

Aug 13, 2014

Petroleo Brasileiro SA (Petrobras) reported that the 3-BRSA-1246-RJS well proved an extension of the Jupiter oil discovery on Block BM-S-24 in the presalt Santos basin.

Monterey proves more complex than average shale play

Aug 13, 2014

A pending cut in the Energy Information Administration's resource estimate for the Monterey shale reflects the complexity of the play relative to other US tight oil plays and the need for more research into its geology.

API leads industry call for more OCS access in next 5-year program

Aug 13, 2014

The Obama administration should consider all parts of the US Outer Continental Shelf for leasing in the 2017-22 OCS program it has begun to prepare so future national energy policy options can be maximized, the American Petroleum Institute and 10 other oil and gas trade associations jointly said.

Operators to spud exploration well on Block 53 offshore Suriname in 2015

Aug 12, 2014

Apache Suriname Corp. LDC, a subsidiary of Apache Corp., Houston, will spud its first exploration well in February-April 2015, 80 miles offshore Suriname in the Suriname Guyana basin. The well will be drilled to 5,000 m in 650 ft of water, as confirmed by Marny Daal-Vogeeland, Staatsolie Maatschappij Suriname NV’s manager of petroleum contracts.

Green Dragon enters Chengzhuang cooperation agreement

Aug 11, 2014

Green Dragon Gas Ltd. has entered into a cooperation agreement with China National Petroleum Corp. relating to the Chengzhuang block, a 67-sq-km area included within the Shizhuang South production-sharing contract.

Gabon signs offshore E&P contracts with six firms

Aug 11, 2014

The government of Gabon has signed exploration and production contracts for offshore blocks with Noble Energy Inc., Woodside Petroleum Ltd., Marathon Oil Corp., Impact Oil & Gas Ltd., Repsol SA, and Petronas.

Suriname puts three deepwater exploration blocks up for bid

Aug 11, 2014

Suriname’s state-owned oil concern Staatsolie has put out three deepwater blocks for bids. The blocks—58, 59, and 60—lie east of Suriname in what is known as the Suriname-Guyana basin.

Rosneft, ExxonMobil JV begins exploratory drilling in Kara Sea

Aug 11, 2014

A joint venture of OAO Rosneft and ExxonMobil Corp. has spudded an exploratory well in the Kara Sea. Drilling is expected to continue for 2 months.

Hickenlooper forms task force to address oil, gas siting questions

Aug 11, 2014

Colorado Gov. John W. Hickenlooper (D) announced that he has formed a task force to develop recommendations that would reduce land use conflicts when oil and gas facilities are located near homes, schools, businesses, and recreation areas.

Expand OCS access for oil and gas, Senate Republicans urge Jewell

Aug 8, 2014

Twenty-one Republican US senators, led by Energy and Natural Resources Committee Ranking Minority Member Lisa Murkowski (Alas.), asked US Sec. of the Interior Sally Jewell to consider opening more of the US Outer Continental Shelf to oil and gas exploration and production in the next 5-year program.

Statoil fails to find oil in Arctic’s Hoop program

Aug 7, 2014

Statoil ASA has wrapped up its 2014 exploration program in the Hoop area of the Norwegian Barents Sea, northeast of Johan Castberg, without making any commercial discoveries.

Lundin drills, tests Tembakau appraisal well offshore Malaysia

Aug 6, 2014

Lundin Petroleum AB has successfully drilled and tested the Tembakau-2 appraisal well on Block PM307 offshore Malaysia, marking the completion of the company’s first well in its 2014 Malaysian drilling campaign.

Market Connection

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