More Oil & Gas Exploration and Development News

OGJ Newsletter

Feb 2, 2015

International news for oil and gas professionals

The ANWR blitz

Feb 2, 2015

Deception begins with a 58-sec video on the White House web site in which President Barack Obama says he'll ask Congress to make the whole Arctic National Wildlife Refuge in Alaska a federal wilderness.

BHP to drill first deepwater well off Trinidad in 2016, energy minister says

Jan 30, 2015

BHP Billiton and its partner BP PLC will drill their first well in Trinidad and Tobago’s deep water in 2016 according to the Caribbean twin-island nation’s Energy Minister Kevin Ramnarine.

Pennsylvania governor reinstates state forest drilling moratorium

Jan 29, 2015

Pennsylvania Gov. Tom Wolf (D) signed an executive order fully reinstating a 2010 moratorium on new oil and gas leases in state forests and parks. His predecessor, Tom Corbett (R), had modified it in May 2014 to allow leases from nearby sites if they did not disturb state surface land.

Chevron, BP, ConocoPhillips join to explore, appraise Gulf of Mexico leases

Jan 28, 2015

Chevron Corp. subsidiary Chevron USA Inc., BP PLC unit BP Exploration & Production Inc., and ConocoPhillips Co. have pledged to work together to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico. Chevron will operate the project.

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

Jan 27, 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.

Hess cuts capital budget by 16% to $4.7 billion

Jan 27, 2015

Hess Corp. has set a capital budget of $4.7 billion for 2015, down 16% from $5.6 billion spent last year. The company at the beginning of 2014 reported a $5.8 billion budget for the year.

Obama administration proposes making ANWR Coastal Plain wilderness

Jan 26, 2015

The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its Coastal Plain, as wilderness. Alaska’s governor and congressional delegation immediately expressed their outrage at the Jan. 25 announcement as conservation and indigenous groups applauded it.

CNPC completes Keshen-902 appraisal well in China

Jan 26, 2015

China National Petroleum Corp. (CNPC) has completed the Keshen-902 appraisal well in Tarim oil field at a depth of 8,038 m, 15 m deeper than the Keshen-7 well drilled on the same structural belt 4.3 km away in 2011.

Norway offers 54 licenses in APA 2014

Jan 26, 2015

Statoil ASA, Lundin Petroleum AB, and E.On E&P Norge AS headlined Norway's Awards in Predefined Areas 2014 (APA 2014) licensing round for the North, Norwegian, and Barents seas.

Gazprom Neft receives two Arctic shelf exploration licenses

Jan 26, 2015

Gazpromneft Sakhalin, a subsidiary of JSC Gazprom Neft, has been awarded subsoil-use rights to the Severo-Zapadniy block on the Pechora Sea shelf and the Heysovskiy block on the Barents Sea shelf.

Study says most of California's fracturing done in Kern County

Jan 26, 2015

Almost all hydraulic fracturing done in California happens in the southwest portion of the San Joaquin basin in Kern County, said a scientific study released by the California Natural Resources Agency, the California Council on Science & Technology (CCST), and Lawrence Berkeley National Laboratory.

Epir-1 exploration well in Kenya encounters oil, gas shows

Jan 22, 2015

Tullow Oil PLC encountered oil and wet gas shows over a 100-m interval of nonreservoir quality rocks—demonstrating a working petroleum system—by way of the Epir-1 exploration well on Block 10BB in the North Kerio basin of Kenya.

Norway offers 54 licenses in APA 2014, announces licensing round

Jan 20, 2015

Statoil ASA, Lundin Petroleum AB, and E.On E&P Norge AS headlined Norway’s Awards in Predefined Areas 2014 (APA 2014) licensing round for the North, Norwegian, and Barents seas.

Noble drills dry hole via gulf’s Madison exploration well

Jan 20, 2015

Noble Energy Inc., Houston, reached the targeted upper and middle Miocene objectives but did not encounter commercial hydrocarbons in the Madison exploration well in the Gulf of Mexico, the company said.

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