More Oil & Gas Exploration and Development News

ExxonMobil’s Liza-1 well encounters oil offshore Guyana

May 20, 2015

Esso Exploration & Production Guyana Ltd., a unit of ExxonMobil Corp., reported an oil discovery on Stabroek block 120 miles offshore Guyana.

Wintershall to exit Qatar, citing lack of infrastructure access

May 20, 2015

Wintershall Holding GMBH is leaving Qatar, effective May 25, because of lack of access to local infrastructure, the company said.

Obama administration opposes Senate’s trio of OCS leasing bills

May 20, 2015

The Obama administration opposes a trio of US Senate bills that propose establishing or increasing states’ shares of federal oil and gas revenue from leasing and development off their shores, US Bureau of Ocean Energy Management Director Abigail Ross Hopper told the Senate Energy and Natural Resources Committee.

Poland’s Rawicz field estimated to hold 50 bcf in 2P reserves

May 19, 2015

Rawicz gas field in Poland contains estimated gross proved plus probable reserves of 50.3 bcf based upon a five-well development plan, including the recently tested Rawicz-12 well, according to a competent persons report (CPR) from Ryder Scott Co.

Rocky Mountain states urge Washington not to interfere with sage grouse partnership

May 19, 2015

Officials from three Rocky Mountain state governments and a major national sports conservation partnership urged both the Obama administration and the 114th Congress to not interfere with what could become very successful federal-state collaborations to preserve the greater sage grouse’s habitat and keep it from being listed as an endangered species.

MOL makes another discovery on Pakistan’s TAL block

May 19, 2015

MOL Group has made a commercial discovery with its Mardan Khel-1 exploration well on TAL block in Pakistan’s Khyber Pakhtunkhwa province. The company also has signed a farm-in agreement for Pakistan’s DG Khan block, taking 30% non-operating interest from Pakistan Oil Fields Ltd (POFL).

Utah will join lawsuit challenging BLM frac rules, governor says

May 19, 2015

Utah will ask to join Wyoming, North Dakota, and Colorado in a lawsuit challenging the US Bureau of Land Management’s recently issued hydraulic fracturing regulations, Gov. Gary R. Herbert (R) reported. The new federal rule unlawfully interferes with state regulations that already address the process, the action contends.

Texas governor signs bill to halt cities from banning fracturing

May 18, 2015

Texas Gov. Greg Abbott signed a bill to prevent municipalities from banning hydraulic fracturing in a move that was expected after the city of Denton last year approved a referendum to prohibit fracturing in its city limits.

FWS, NMFS propose changes for seeking endangered species listings

May 18, 2015

Petitions to federally list species as endangered will need to show that state wildlife agencies have been contacted beforehand and include relevant information about what those agencies are doing, the US Fish & Wildlife Service (FWS) and National Marine Fisheries Service (NMFS) said as they jointly proposed reforms to the federal Endangered Species Act (ESA) process.

Senate bills would give more coastal states offshore revenue shares

May 18, 2015

US senators introduced a trio of bills on May 11 to establish or increase shares of federal revenue with states that have federal oil and gas leases off their coasts. Measures sponsored by Energy and Natural Resources Committee Chair Lisa Murkowski (R-Alas.), Bill Cassidy (R-La.), and Mark R. Warner (D-Va.) will be discussed with 23 others dealing with energy supplies during a May 19 committee hearing.

USFS rejects most objections to White River National Forest draft leasing

May 18, 2015

A US Forest Service official has rejected most objections raised by the Western Energy Alliance, West Slope Colorado Oil & Gas Association, and Public Lands Advocacy to USFS’s draft oil and gas leasing decision for the White River National Forest in western Colorado.

Australia releases 29 areas for offshore exploration bidding

May 18, 2015

The Australian government has released a total of 29 areas for bidding in the 2015 offshore acreage release across eight basins in the Northern Territory, Ashmore Cartier Islands region, Western Australia, South Australia, Victoria, and Tasmania.

Lundin to appraise Caspian Morskaya find

May 18, 2015

Lundin Petroleum AB has secured a production license and said it is preparing a full appraisal plan for its Morskaya discovery on the Lagansky block in the Caspian Sea offshore Russia.

OGJ Newsletter

May 18, 2015

International news for oil and gas professionals

Oil and dinosaurs

May 18, 2015

It was at about this time a year ago that deepwater technologies pioneered by the oil and gas industry were used-albeit fruitlessly-in the search for missing Malaysia Airlines Flight 370, the exact fate of which has become one of the world's great mysteries.

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