More Oil & Gas Exploration and Development News

Hindustan Oil group to develop Assam-Arakan gas-condensate field

Oct 30, 2013

Three Indian state concerns led by Hindustan Oil Exploration Co. Ltd., Mumbai, will develop the Dirok gas-condensate discovery on Block AAP-ON-94/1 in the Assam-Arakan basin as soon as they receive regulatory approvals for the development-production phase, HOEC said last month.

DNO International has oil discovery in Yemen’s Masila basin

Oct 30, 2013

A group led by DNO International ASA, Oslo, has tested 36° gravity oil at a rate of 5,900 b/d at the Salsala-1`discovery well on Block 32 in the Masila basin of east-central Yemen.

Louisiana/Mississippi: Goodrich sets jump in 2014 budget

Oct 30, 2013

Goodrich Petroleum Corp., Houston, earlier this month scheduled preliminary 2014 capital spending of $375 million compared with a revised $255 million in 2013, with most of the increase dedicated to an accelerated drilling program in the Tuscaloosa marine shale (TMS) play along the Louisiana-Mississippi state line.

Morocco: Gulfsands drilling for Rharb basin gas

Oct 29, 2013

Gulfsands Petroleum PLC has spudded the Al Krima-1 well on the Rharb Centre permit in northern Morocco, the first of nine wells to be drilled in two back-to-back programs on the company’s Rharb permits.

Colombia: PetroNova spuds Putumayo exploratory well

Oct 29, 2013

PetroNova Inc., Calgary, has spudded Canelo Sur-2, first exploratory well on the PUT-2 block in the Putumayo basin in Colombia.

OMV sees oil shows in two reservoirs at Barents well

Oct 29, 2013

The OMV AG-operated Wisting Alternative well 7324/7-1S on PL537 in the Barents Sea offshore Norway has found oil shows in two poor quality reservoirs but has “provided important information about the regional geology,” said partner Tullow Oil PLC.

Cairn spuds wildcat, takes farmout offshore Morocco

Oct 28, 2013

Cairn Energy PLC’s Capricorn Exploration & Development Ltd. has spudded the first wildcat in a multiwall exploratory program offshore Morocco and separately has taken a farmout from Kosmos Energy Co. and Morocco’s state ONHYM on another Moroccan block.

The world's energy abundance

Oct 28, 2013

How soon might the world resume its concern about "peak oil?"

API calls for more data to help shape next 5-year OCS plan

Oct 28, 2013

The American Petroleum Institute said it would like the administration of US President Barack Obama to gather information more quickly so it will be able to consider expanded oil and gas leasing on more of the US Outer Continental Shelf when it develops the next 5-year management program.

OGJ Newsletter

Oct 28, 2013

International news for oil and gas  professionals

BOEM schedules central gulf lease sale for March 2014

Oct 25, 2013

The US Bureau of Ocean Energy Management reported it will conduct Lease Sale 231—to auction off oil and gas tracts in the central Gulf of Mexico planning area—on Mar. 19, 2014, in New Orleans.

Eni sees at least 8 tcf of gas in place at Evans Shoal

Oct 25, 2013

Results of an appraisal well have led the Shell-operated license group to estimate that Evans Shoal gas field in the northern Bonaparte basin offshore Western Australia contains at least 8 tcf of raw gas in place.

Chevron finishes initial exploration in Alberta Duvernay shale play

Oct 25, 2013

Chevron Corp. reported the successful conclusion of the initial 12-well exploration drilling program by its subsidiary, Chevron Canada Ltd., in the Kaybob area of the liquids-rich portion of the Duvernay shale play in west-central Alberta.

Colombia: Petroamerica sees Mirador oil at La Casona

Oct 25, 2013

The operator of the La Casona-2 appraisal well on the El Eden block in Colombia’s Llanos basin said that logs indicate potential oil pay in the Mirador and Une formations, said Petroamerica Oil Corp., Calgary.

Madagascar: Oyster acquires onshore block interest

Oct 25, 2013

Oyster Oil & Gas Ltd., Vancouver, BC, has acquired from Candax Energy Inc., Toronto, a 10% working interest in Block 1101 onshore northwestern Madagascar.

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