More Oil & Gas Exploration and Development News

OGJ Newsletter

Apr 13, 2015

International news for oil and gas professionals

Watching Government: Fighting for offshore access

Apr 13, 2015

Amid loud celebrations of US onshore oil and gas potential from tight shale formations, National Ocean Industries Association Pres. Randall B. Luthi works hard to remind policymakers that what's waiting to be discovered and produced offshore still matters.

RFF speakers relay challenges faced by Alaskan offshore oil developers

Apr 13, 2015

Significant problems ranging from the lack of deepwater ports and spill-response systems to potential impacts on wildlife and indigenous populations need to be solved before US Arctic offshore oil exploration and production moves ahead, speakers agreed at a Resources for the Future (RFF) event.

FWS's new ANWR management plan won't change coastal plain status yet

Apr 13, 2015

The US Fish & Wildlife Service formally adopted a previously announced plan to begin managing the Arctic National Wildlife Refuge as wilderness (OGJ Online, Jan. 26, 2015), but stopped short of designating ANWR's coastal plain as a wilderness study area that effectively would close it to oil and gas exploration and development.

Shell to acquire BG Group for $70 billion

Apr 12, 2015

Royal Dutch Shell PLC has agreed to acquire BG Group PLC in a $70.1-billion cash and shares deal intended to sharpen Shell's focus on integrated gas projects and deep water.

A memo to Canada

Apr 12, 2015

TO: Canada
FROM: The United States
SUBJECT: Resource development

BOEM seeks comments on Shell’s revised Chukchi Sea exploration plan

Apr 10, 2015

The US Bureau of Ocean Energy Management deemed Shell Gulf of Mexico Inc.’s revised multiyear Chukchi Sea exploration plan submitted, and sought public comments on the plan itself and questions to be addressed in an environmental assessment the US Department of the Interior agency is preparing.

Southern Mid-Atlantic US senators petition for OCS revenue sharing

Apr 10, 2015

US senators from four southern Mid-Atlantic coastal states asked Energy and Natural Resources Committee leaders to consider comparable federal Outer Continental Shelf revenue sharing for oil and gas activity off their shores to what four US Gulf Coast states now receive.

Statoil strikes oil in Gulf of Mexico’s Yeti prospect

Apr 9, 2015

Statoil ASA has made an oil discovery in the Miocene Yeti prospect of Walker Ridge Block 160 in the Gulf of Mexico.

Woodside finds gas near Pluto field offshore Western Australia

Apr 8, 2015

Woodside Petroleum Ltd. has made a natural gas discovery with its Pyxis-1 wildcat just 15 km from its Pluto field production facilities in WA-34-L offshore Western Australia.

JX Nippon-led group makes oil find offshore Malaysia

Apr 8, 2015

Santos Ltd., a recent member of the JX Nippon Oil & Gas Exploration-led group in deepwater Block R offshore Sabah, Malaysia, has reported an oil discovery in the permit with the drilling of the Bestari-1 wildcat.

Gazprom Neft, PetroVietnam further collaboration on Arctic prospect

Apr 6, 2015

Further to its exclusive talks on possible cooperation, JSC Gazprom Neft and PetroVietnam have set October as a tentative deadline for prioritizing prospects and terms for their partnership at Dolginskoye field and the Severo-Zapadnyi (North West) blocks in Russia’s Pechora Sea.

FWS’s new ANWR management plan won’t change coastal plain status yet

Apr 6, 2015

The US Fish & Wildlife Service formally adopted a previously announced plan to begin managing the Arctic National Wildlife Refuge as wilderness, but stopped short of designating ANWR’s coastal plain as a wilderness study area that effectively would close it to oil and gas exploration and development.

GOM Revenue Sharing-2: GOMESA Phase II revenues impacted by several factors

Apr 6, 2015

The first phase of the 2006 Gulf of Mexico Energy Security Act (GOMESA) regulated revenue sharing in the gulf's 181 Area and 181 South Area.

New assessment for Central Nigeria's Bida basin highlights geological prospects

Apr 6, 2015

The Bida basin is the least studied of all Nigeria's inland frontier basins. To date, no exploratory wells have penetrated its sequences, and subsurface data are limited.

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