More Oil & Gas Exploration and Development News

Borehole seismic defines reservoirs at point of extraction

Jun 2, 2014

Seismic characterization can be costly. In standard surface acquisition, data are collected well beyond reservoir boundaries. These results are used to map reservoir geometry but often have little effect on individual well performance.

Nevada's Chainman shale shows exploration potential

Jun 2, 2014

The fold and thrust belt play that extends through eastern Nevada and western Utah remains largely underexplored.

Pipelines or oil trains?

Jun 2, 2014

A group of University of Minnesota students were scheduled to join other students in boarding diesel-burning buses recently for Washington, DC.

BOEM awards leases in US-Mexico transboundary area to ExxonMobil

May 30, 2014

The US Bureau of Ocean Energy Management has awarded the first three oil and gas leases in the Gulf of Mexico area subject to the US-Mexico Transboundary Hydrocarbons Agreement to Exxon Mobil Corp., which bid for the blocks during Western Planning Area Sale 233 in August 2013.

Regional seismic survey planned in Libya

May 30, 2014

National Oil Corp. of Libya has signed an agreement with ION Geophysical Corp., Houston, in conjunction with North Africa Geophysical Exploration Co. for a regional seismic survey in Libya.

Carnarvon gets exploration permit in Western Australia

May 30, 2014

Carnarvon Petroleum Ltd., Perth, has been awarded an exploration permit (EP491) on the eastern flank of the Barrow Sub-basin offshore Western Australia.

Forum: Exploration opportunities outnumber available people, capital

May 28, 2014

Oil and gas companies today face more emerging exploration opportunities than they have available capital or people, Susan Cunningham, senior vice-president of Noble Energy Inc., told an oil field breakfast forum hosted by consulting firm Decision Strategies.

Petrovietnam seeks to protect disputed waters ‘by peaceful means’

May 28, 2014

Do Van Hau, president and chief executive officer of Petrovietnam, said at a May 23 press conference that China has not provided a legal basis to justify the view of “disputed waters.”

Eni appraises Agulha discovery offshore Mozambique

May 27, 2014

A group led by Eni SPA has successfully executed the appraisal campaign for the Agulha discover in Area 4 offshore Mozambique, Eni reported.

RWE Dea completes, plugs Titan appraisal well

May 27, 2014

RWE Dea Norge AS says it will temporarily plug and abandon an appraisal well of the 2010 Titan discovery in the Norwegian North Sea.

Australian offshore exploration drilling down, costs up

May 27, 2014

Australia is drilling two thirds fewer offshore exploration wells than in 2003, but the total costs of drilling those wells has increased fivefold.

BOEM plans to prepare SEIS to comply with Chukchi Sea court order

May 27, 2014

The US Bureau of Ocean Energy Management intends to develop a supplemental environmental impact statement (SEIS) to help resolve production estimate deficiencies a federal court found in its predecessor agency’s original Chukchi Sea crude oil development plan, the US Department of Justice said in its first bimonthly report required under an order remanding the matter to a lower court.

BLM releases EA for Noble Energy’s eastern Nevada gas project

May 26, 2014

The US Bureau of Land Management released an environmental assessment for Noble Energy Inc.’s proposed Huntington Valley natural gas project 7 miles from Jiggs, Nev., an unincorporated community 30 miles south of Elko. Comments will be accepted on it through June 4, BLM said.

Lundin spuds Gohta appraisal well in Barents Sea

May 23, 2014

Lundin Norway AS, a subsidiary of Lundin Petroleum AB, has spud appraisal well 7120/1-4s in PL 492 near the Gohta discovery in the Barents Sea.

Lukoil, Total form JV for tight-oil pilot in Western Siberia

May 23, 2014

Russia’s OAO Lukoil and France’s Total SA have formed a joint venture for a pilot project for exploration and development of tight-oil reserves in the Bazhenov play in Western Siberia.

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