More Oil & Gas Exploration and Development News

BOEM releases draft SEIS for 2008 Chukchi Sea lease sale

Nov 10, 2014

The US Bureau of Ocean Energy Management released a supplemental environmental impact statement (SEIS) for Outer Continental Shelf Leas Sale No. 193, which originally was held in 2008.

Business mood dark as questions hover over UK offshore

Nov 10, 2014

Falling oil prices, rising costs, and looming political questions darken the business mood about the UK offshore.

Statoil updates lackluster Barents Sea exploration program

Nov 7, 2014

Statoil ASA has wrapped up its 2013-14 exploration program in the Barents Sea—one that included a notable disturbance from environmental activists—with fewer commercial discoveries than the company had originally anticipated.

IPAA: Federal agency’s ESA prelisting proposal lacks assurances

Nov 7, 2014

A US Forest Service proposal on voluntary actions to manage species before they are listed under the federal Endangered Species Act falls significantly short, the Independent Petroleum Association of America said.

UK announces 134 awards in 28th offshore licensing round

Nov 6, 2014

The UK’s 28th offshore licensing round has resulted in the issuance of 134 licenses covering 252 blocks. The announcement was made by the UK Department of Energy and Climate Change.

Gas price uncertainty could defer projects, Niko says

Nov 4, 2014

Niko Resources Ltd., Calgary, says uncertainty regarding natural gas price premiums in India could cause deferral of development of certain discoveries.

ConocoPhillips to plug, abandon dry hole offshore Angola

Nov 4, 2014

ConocoPhillips has drilled the Kamoxi-1 exploration well to a total depth of 22,660 ft in Block 36 in the Kwanza basin offshore Angola. The well will be plugged and abandoned as a dry hole.

Touchstone signs onshore license deal with Trinidad and Tobago

Nov 4, 2014

Touchstone Exploration Inc., Calgary, signed an onshore exploration and production license with Trinidad and Tobago’s Ministry of Energy and Energy Affairs.

Total encounters oil via Garantiana appraisal well in North Sea

Nov 3, 2014

Total E&P Norge AS encountered a 120-m total gross oil column with appraisal well 34/6-3 S in the Cook formation on production license 554, 30 km northeast of Visund field in the Norwegian North Sea. The company describes the reservoir quality as “very good.”

'Down-and-dusty' in Wyoming

Nov 3, 2014

Political campaign strategists emphasize the importance of an effective "on-the-ground" operation in bringing supporters to the ballot box. One took place in Wyoming recently that had nothing directly to do with any upcoming elections.

BOEM releases draft SEIS for 2008 Chukchi Sea lease sale

Nov 3, 2014

The US Bureau of Ocean Energy Management released a supplemental environmental impact statement (SEIS) for Outer Continental Shelf Leas Sale No. 193, which originally was held in 2008.

Shell seeks 5-year extension on leases in Beaufort, Chukchi seas

Nov 3, 2014

Shell Offshore Co. has requested a 5-year extension of its federal offshore leases in the Beaufort and Chukchi seas offshore Alaska.

Continental testing Springer shale potential

Nov 3, 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.

Interpretation-ready datasets unlock exploration, development potential

Nov 3, 2014

Correctness, accuracy, and precision of raw data are critical for accurate petrophysical analysis; otherwise the interpretation of the rocks and fluids that comprise layers in the subsurface could lead to unprofitable development decisions.

Critical habitat proposals may do serious harm, business groups say

Nov 3, 2014

Two federal agencies' proposals to change the Endangered Species Act's critical habitat designation procedures potentially could cause serious damage to the general economy, warned nearly a dozen US business groups, including two oil and gas entities.

Market Connection

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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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