More Oil & Gas Exploration and Development News

Gaz Metro, Anticosti Hydrocarbons sign gas development deal

Oct 23, 2014

Anticosti Hydrocarbons LP has signed a strategic agreement in principle with natural gas distributor Gaz Metro Ltd. Partnership to develop associated gas from Anticosti Island in the Gulf of St. Lawrence offshore Quebec.

BOEM to prepare EIS for potential Cook Inlet lease sale

Oct 23, 2014

The US Bureau of Ocean Energy Management plans to prepare an environmental impact statement for a possible oil and gas lease sale in Cook Inlet off Alaska’s south-central coast, BOEM said in an Oct. 23 Federal Register notice. Comments will be accepted through Dec. 8, it indicated.

Tullow reports on first well in the Kerio basin in Kenya

Oct 23, 2014

Tullow Oil PLC, London, reported that its first well in the Kerio basin in Kenya had “encouraging hydrocarbon shows,” but alluvial sands in reservoirs were of “mixed quality.”

Marconi-Vorlich discovery in UK North Sea flows 5,350 boe/d

Oct 23, 2014

A discovery spanning two blocks in the UK central North Sea has flow-tested at a maximum of 5,350 boe/d, operators said.

Continental testing Springer shale potential

Oct 23, 2014

Four delineation wells operated by Continental Resources Inc. in Grady County, Okla., confirm potential of the Mississippian Springer shale in the South-Central Oklahoma Oil Play (SCOOP), says Chairman and Chief Executive Officer Harold G. Hamm.

Chevron finds oil on Guadalupe prospect in deepwater gulf

Oct 23, 2014

Chevron Corp. has made an oil discovery on its Guadalupe prospect in the deepwater Gulf of Mexico.

DOE launches marine gas hydrate project

Oct 22, 2014

The US Department of Energy has launched a 4-year, marine research project to gain a deeper understanding of methane hydrate-bearing sediments.

Alaska awards Beaufort Sea leases following ANWR boundary review

Oct 22, 2014

Alaska’s Division of Oil and Gas awarded two Beaufort Sea leases pending since 2011 and published tract maps for Nov. 19 Beaufort Sea and North Slope lease sales that accurately reflect the Arctic National Wildlife Refuge’s western boundary following a thorough review.

Shell makes gas discovery offshore Gabon with Leopard-1 well

Oct 22, 2014

Shell Gabon reported a natural gas discovery offshore Gabon with 200 m of net pay in a presalt reservoir.

Taipan increases resource estimate for Block 1 in Kenya

Oct 21, 2014

An independent assessment carried out by RPS Energy on behalf of Taipan Resources Inc. has resulted in an increase in Taipan’s total gross aggregate mean prospective resource on Block 1 in northern Kenya to 1,303 million bbl of oil. Of that total, Taipan holds working interest in 260 million bbl.

Statoil proves oil near Grane field in North Sea

Oct 21, 2014

Statoil ASA proved a 25-m oil column in the D-structure of the Heimdal formation north of the North Sea’s Grane field.

Momentum shifts in favor of development in Colorado

Oct 21, 2014

-Momentum appears to be shifting in the oil and gas industry's favor in Colorado after Gov. John Hickenloooper brokered a compromise that keeps off the November ballot two initiatives that were poised to place greater restrictions on development, and legal and political setbacks befell separate local measures that sought to restrict or ban hydraulic fracturing.

Texas earthquakes prompt regulators to take action

Oct 21, 2014

A series of unusual earthquakes in North Texas is prompting state regulators to look closely at a potential link between seismic activity and wastewater injection wells.

Marathon Oil sees promise in Oklahoma's Scoop, Stack plays

Oct 21, 2014

Marathon Oil Corp. is using extended-reach laterals to improve initial production rates in the emerging South-Central Oklahoma Oil Province (Scoop) resource play.

Illinois shale exploration remains in limbo as regulators consider draft fracing rules

Oct 21, 2014

Illinois is making progress toward a regulatory framework for hydraulic fracturing after the Illinois Department of Natural Resources (IDNR) released a second set of draft rules for the well stimulation process in late August.

Market Connection

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PUBLIC AUCTION: Complete Liquidation of Offshore/Onshore Heavy Fabrication Facility

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Coker Unit For Sale

Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate...
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Proco Products: Your Expansion Joint Source for Mud Tanks, Frac Tanks, Shale Shakers

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Refinery Units and Equipment for Sale (PA)

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

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