More Oil & Gas Exploration and Development News

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.

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.

Permian basin production proves ROZ viability

Nov 3, 2014

Permian basin operators are re-evaluating residual oil zones (ROZs) as viable targets for tertiary oil recovery, generally through CO2 injection. Several pilots and full-field applications are under way to evaluate these long-overlooked resources.

Statoil gets exploration acreage in Exmouth Plateau off W. Australia

Oct 31, 2014

Norway’s Statoil ASA has been awarded an exploration permit on the Exmouth plateau offshore Western Australia.

Total to develop Glenlivet gas field off UK

Oct 30, 2014

Total will develop Glenlivet natural gas field west of the Shetlands offshore the UK in conjunction with nearby Edradour gas field, the decision to develop which occurred earlier.

Eni makes oil discovery offshore Congo (Brazzaville)

Oct 30, 2014

Eni SPA encountered what it is calling a “significant accumulation” of light oil through a hydrocarbon column of 420 m in the Lower Cretaceous age presalt sequence on the Marine XII block offshore Congo (Brazzaville).

BLM issues final SEIS for Greater Mooses Tooth project in NPR-A

Oct 30, 2014

The US Bureau of Land Management released its final supplemental environmental impact statement for the proposed Greater Mooses Tooth (GMT1) oil and gas project within the National Petroleum Reserve-Alaska. “Reaching this stage of permitting is a major milestone for the project and for the future of balanced, responsible federal oil production in the NPR-A,” BLM Director Neil Kornze said.

Empire Oil & Gas transits from explorer to producer

Oct 29, 2014

Empire Oil & Gas Ltd., Perth, has been granted production leases over two previously designated exploration areas incorporating the Red Gully and Gin Gin gas fields and the Red Gully gas processing facility in the North Perth basin onshore Western Australia.

Hess to develop deepwater gulf oil field

Oct 29, 2014

Production is to begin in 2018 from deepwater Stampede oil field in the Gulf of Mexico under a development plan approved by operator Hess Corp. and partners.

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

Oct 28, 2014

Shell Offshore Co. has requested a 5-year extension of its federal offshore leases in the Beaufort and Chukchi seas offshore Alaska. “The request reflects the extent of the actual delays we have experienced as a result of court decisions and agency actions for the last several years,” a Shell spokesman in Alaska told OGJ.

Eni finds gas near Jangkrik offshore Indonesia

Oct 28, 2014

Eni SPA has discovered natural gas in its first well on the East Sepinggan Block offshore East Kalimantan, Indonesia, 35 km from where it is developing Jangkrik gas field.

Repsol makes ultradeepwater oil discovery in Gulf of Mexico

Oct 28, 2014

Spain’s Repsol reported an ultradeepwater oil discovery on Keathley Canyon Block 642 in the Gulf of Mexico.

Lundin spuds Kitabu exploration well offshore Malaysia

Oct 27, 2014

Lundin Petroleum AB has spudded the Kitabu-1 exploration well on Block SB307-308 offshore Sabah, Malaysia.

Mexico upstream bidding to start with shallow-water assets

Oct 27, 2014

Mexico plans to publish its technical bidding requirements in November, outlining logistics for the first upstream bid round, according to hydrocarbon officials visiting Houston to update the oil and gas industry on the country's progress in opening up its assets to non-Mexican companies.

China reviewing oil relationships with Sudan, South Sudan, researcher says

Oct 27, 2014

The Chinese government and China National Petroleum Corp. are reviewing their relationships with Sudan and South Sudan following years of growth that changed both sides, a researcher said at Johns Hopkins University's School for Advanced International Studies.

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