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More Oil & Gas Exploration and Development News

Keystone XL tension

Apr 29, 2013

Tension increases in the Keystone XL pipeline controversy as hard-core opponents behave with growing desperation.

India considering changes to production-sharing contract

Apr 29, 2013

The Indian government is considering changes to its production-sharing contract, including a new mechanism for determining the price of natural gas.

Cairn India plans 450 Rajasthan block wells

Apr 29, 2013

Cairn India Ltd. plans to drill more than 450 wells over the next 3 years on its Barmer basin block in Rajasthan, India, where it is producing from five oil fields and recently revived exploration.

UK: Stena Carron to drill first Handcross well

Apr 26, 2013

A group operated by Valiant Causeway Ltd. will drill the first well on the Handcross Prospect in the West of Shetland area offshore the UK this autumn with the Stena Drilling Carron drillship.

Eni boosts outlook for gas off Mozambique

Apr 25, 2013

Eni has increased its estimate of natural gas in place in its license offshore Mozambique to 80 tcf from 75 tcf after completing appraisal drilling.

Total well cuts oil pay offshore Ivory Coast

Apr 25, 2013

The Total Ivoire-1X exploratory well has cut 28 m of net oil pay in a 100-m Cetaceous section offshore Ivory Coast. The oil is 35º gravity.

Dana spuds Dutch N. Sea exploratory well

Apr 25, 2013

Dana Petroleum PLC has spudded an exploratory well from near its De Ruyter platform offshore the Netherlands to test new-pool potential.

Brunei: Kulczyk rigs up to drill triple junction structure

Apr 24, 2013

Kulczyk Oil Ventures Inc., Calgary, said its AED Southeast Asia Ltd. subsidiary is rigging up to drill the Lukut Updip-1 well on the onshore portion of 1,123 sq km Block L in Brunei.

Three North Slope exploratory tests find oil

Apr 23, 2013

Repsol SA said its winter exploratory campaign on Alaska’s North Slope resulted in three “good quality hydrocarbon discoveries” whose results are encouraging for future development, but the company did not use the word commercial in its announcement.

Medco group to test North Sumatra gas find

Apr 23, 2013

A group led by PT Medco Energi plans to test an indicated gas discovery on Block A Aceh in North Sumatra, Indonesia.

Somaliland: DNO signs production sharing contract

Apr 23, 2013

DNO International ASA, Oslo, has signed a production sharing contract covering Block SL18 onshore Somaliland.

Northern Egypt-Mediterranean license blocks awarded

Apr 22, 2013

Several operators reported having been awarded blocks in the Egypt Natural Gas Holding Co. 2012 international bid round held last week.

Development drilling adds oil at India's Kharsang field

Apr 22, 2013

The second development well at Kharsang field in Arunachal Pradesh, India, has encountered 12 potentially hydrocarbon-bearing sands, the deepest of which could be on production in as soon as 2 weeks, said Jubilant Energy NV.

Group gauges Llanos basin Mirador oil discovery

Apr 22, 2013

A group led by P1 Energy Corp., Calgary, has gauged a Mirador oil discovery on the Llanos 32 block in Colombia’s Llanos basin.

New Zealand East Coast basin shale well spudded

Apr 22, 2013

TAG Oil Ltd., Vancouver, BC, has spudded an exploratory well that targets the Paleocene Waipawa black shale and Paleocene-Cretaceous Whangai source rock formations in New Zealand’s East Coast basin.

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