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More Oil & Gas Exploration and Development News

BP has gas-condensate discovery west of Shetlands

Apr 5, 2013

BP Exploration Operating Co. has encountered gas-condensate in reservoirs of varying quality at the North Uist exploratory prospect on the Atlantic margin west of the Shetland Islands.

 

Bankers eyes polymer, secondary work at Patos-Marinza

Apr 5, 2013

Bankers Petroleum Ltd., Calgary, has begun injectivity testing at the first pilot polymer flood location in Patos-Marinza field in Albania.

Norway: Lundin spuds North Sea Carlsberg prospect

Apr 5, 2013

Lundin Petroleum AB, Stockholm, has spudded the 7/4-3 exploratory well on PL495 in the North Sea offshore Norway.

OMV group declares Iraq Bina Bawi field commercial

Apr 4, 2013

A group led by OMV AG has submitted a declaration of commerciality for Bina Bawi field east of Erbil in the Kurdistan Region of Iraq to the Ministry of Natural Resources of the Kurdistan Regional Government.

 

ADMA-OPCO lets two SARB field contracts

Apr 3, 2013

Abu Dhabi Marine Operating Co. (ADMA-OPCO) has let two contracts for its development of Satah Al-Razboot (SARB) oil field about 120 km offshore Abu Dhabi’s northwestern coast (OGJ Online, May 3, 2011).

South China Sea contested areas poorly endowed, EIA says

Apr 3, 2013

Contested areas of the South China Sea have not been assessed to hold large conventional oil and natural gas resources, the US Energy Information Administration said.

PDO hits large gas-condensate discovery near Saih Rawl

Apr 3, 2013

Petroleum Development Oman reported a giant gas-condensate discovery in the northern part of its concession area 40 km west of Saih Rawl field.

 

Poland microseismic frac monitoring array in place

Apr 3, 2013

MicroSeismic Inc., Houston, said it has installed equipment to monitor, map, and analyze hydraulic fracturing of an undisclosed customer’s exploration and field development program in Poland.

Sarawak pinnacle reef gas discovery sets Newfield mark

Apr 3, 2013

Newfield Exploration Co., which is exploring strategic alternatives for its assets offshore Malaysia and China, has gauged gas at a second pinnacle reef discovery on Block SK 310 offshore Sarawak, Malaysia, and estimates initial gas in place at 1.5 to 3 tcf, the largest conventional exploratory success in the company’s 25-year history.

Kansas: Statesman sells Reichel gas field assets

Apr 3, 2013

Statesman Resources Ltd., Vancouver, BC, as part of a rationalization of noncore assets, has sold Reichel gas field and related leases in Rush County, Kan., to an undisclosed buyer for $302,500.

Equatorial Guinea: Noble spuds Block I exploratory well

Apr 3, 2013

Noble Energy Inc. has spudded the I-7 exploratory well on Block I offshore Equatorial Guinea, said 7.5% interest holder PA Resources AB, Stockholm.

New Zealand Energy swabs oil at Taranaki discovery

Apr 3, 2013

New Zealand Energy Corp., Vancouver, BC, will install artificial lift equipment at its sixth oil discovery in the Taranaki basin on New Zealand’s North Island.

Norway: Halten terrace 3D spec survey under way

Apr 3, 2013

CGG has begun shooting the 3-month first phase of the Steppingstone multiclient 3D seismic survey in the North Sea offshore central Norway.

Ecopetrol tests Meta Province heavy oil discovery

Apr 2, 2013

Colombia’s state Ecopetrol SA disclosed that its Venus-2 exploratory well in San Martin municipality of Meta Province had proved the presence of crude oil.

Inpex gets Mozambique stake from Statoil

Apr 2, 2013

Inpex Corp. has taken a 25% farmout from Statoil in an exploration license covering areas 2 and 5 in the Rovuma basin offshore Mozambique.

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