More Oil & Gas Exploration and Development News

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.

Oryx tests second oil find at Hawler in Iraq Kurdistan

Oct 24, 2013

Oryx Petroleum Corp., Calgary, has gauged a potentially commercial Jurassic oil and sour gas discovery at Ain Al Safra, its second oil discovery on the Hawler license in the northern part of the Kurdistan Region of Iraq.

Total group to develop gas-condensate field off Argentina

Oct 24, 2013

A group led by Total Austral SA, Buenos Aires, will develop Vega Pleyade gas-condensate field on the Cuenca Marina Austral-1 block offshore Argentine Tierra del Fuego.

Alberta: Duvernay play area 3D shoot planned

Oct 23, 2013

TGS-NOPEC Geophysical Co. will shoot 320 sq km of multiclient 3D seismic survey in the Alberta Central Deep basin southwest of Edmonton.

Gulf of Mexico: Atwater Valley 3D seismic survey set

Oct 23, 2013

TGS-NOPEC Geophysical Co., Houston, is to shoot a multiclient 3D seismic survey in the Atwater Valley area of the deepwater central Gulf of Mexico.

Newfoundland: Grand Banks 2D survey expanded

Oct 23, 2013

TGS-NOPEC Geophysical Co., Houston, and PGS Geophysical Co. said the Northeast Newfoundland Shelf 2D multiclient seismic survey expands on the previously announced survey offshore Newfoundland and will cover 5,000 line-km.

Dana Gas group files arbitration on Kurdistan government

Oct 23, 2013

Three operators that hold oil and gas rights in Iraq’s Kurdistan region have filed an arbitration action in a London court seeking to clarify contractual rights under their agreement with the Kurdistan Regional Government.

Alberta: First Mountain eyes Glauconite horizontals

Oct 23, 2013

First Mountain Exploration Ltd., Calgary, said it is acquiring surface leases and licensing two horizontal Glauconite wells in the Atlee Buffalo area of Alberta.

CNOOC has midsized oil find in Bohai’s Liaodong

Oct 23, 2013

CNOOC Ltd. said it has discovered heavy oil at a midsized oil and gas structure in the Liaodong Bay area of Bohai Gulf and made another oil discovery elsewhere in the southern part of Bohai offshore China.

West Delta oil completions buoy Energy XXI output

Oct 23, 2013

Production averaged 46,600 b/d of oil equivalent in the fiscal first quarter ended Sept. 30 for Energy XXI (Bermuda) Ltd., Houston, including 29,700 b/d of oil.

Lukoil vague on outcome of Sierra Leone exploratory well

Oct 22, 2013

Lukoil Overseas said its first exploratory well offshore Sierra Leone went to a total depth of more than 4,700 m and that the company identified oil-saturated reservoirs and took oil samples from Turonian sands.

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

Oct 22, 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.

Montana: Hinto producing oil at Mason Lakes field

Oct 22, 2013

Hinto Energy Inc., Arvada, Colo., said it started up oil production in Mason Lakes field in Musselshell County, Mont.

New Brunswick: Corridor locks in high gas sales netbacks

Oct 22, 2013

Corridor Resources Inc., Halifax, NS, operator of McCully gas field in New Brunswick, said it has entered into a forward sale agreement from Nov. 1, 2013, to Mar. 31, 2014, for an average of 3,000 MMbtu/day equating to 2.8 MMscfd of gas at an average of $9.03/MMbtu (US) and an estimated netback of $6.50/Mscf (Can.).

Vietnam: Eni group spuds Song Hong basin exploratory well

Oct 22, 2013

A group led by Eni Vietnam BV has spudded the Ca Ngu-1 exploratory well on Block 120 offshore Vietnam.

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