More Oil & Gas Exploration and Development News

White House proposes making ANWR coastal plain wilderness

Feb 9, 2015

The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its coastal plain, as wilderness.

BOEM schedules public meetings about draft proposed 5-year OCS plan

Feb 6, 2015

The US Bureau of Ocean Energy Management will hold the first of 20 public meetings in Washington on Feb. 9 to receive public comments on potential environmental impacts of the draft proposed 2017-22 5-year US Outer Continental Shelf Oil and Gas Leasing Program. The US Department of the Interior and BOEM released the draft on Jan. 27.

DOI's 2017-22 draft proposed OCS program includes Mid-Atlantic sale

Feb 6, 2015

The US Department of the Interior released a draft proposed 2017-22 Outer Continental Shelf management program that included 14 potential oil and gas lease sales in 8 planning areas, including one off South and Mid-Atlantic coastal states.

The budget vision

Feb 6, 2015

Just because the budget proposed for fiscal 2016 by President Barack Obama mimics six predecessors in its treatment of oil and gas and again has no hope for congressional approval, the document merits concern.

Lundin finds gas in Zulu prospect offshore Norway

Feb 6, 2015

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, encountered Utsira formation sand with “very good reservoir quality” while drilling wildcat well 26/10-1 in PL674BS.

Petrobras finds oil accumulations with Campos basin’s Basilisco well

Feb 5, 2015

Petroleo Brasileiro SA (Petrobras) has discovered heavy oil accumulations at reservoir depths of 3,190 m and 3,521 m while drilling its Basilisco well in concession BM-C-35 of the Campos basin post-salt.

Chevron unit farms into Mauritania offshore blocks

Feb 4, 2015

Chevron Mauritania Exploration Ltd., a wholly owned subsidiary of Chevron Corp., has agreed to acquire 30% nonoperated working interest in Blocks C8, C12, and C13 offshore Mauritania from Kosmos Energy Ltd., Dallas.

Petrobras confirms extent of Farfan area discovery, finds reservoir

Feb 2, 2015

The drilling of a third extension well in the Farfan area in the ultradeepwater Sergipe basin confirmed the extent of the 2013 light oil and gas discovery, Petroleo Brasileiro SA (Petrobras) reported on Feb. 2. The presence of a shallower, 68-m reservoir holding light oil was found as well.

Antero trimming, delaying Marcellus drilling

Feb 2, 2015

Antero Resources Corp., Denver, has announced a $1.8 billion budget for 2015, which is down 41% from 2014. The independent said it plans to defer completions in the Marcellus during the second and third quarters to limit natural gas volumes sold into low-price markets.

Novel upgrading technology cuts diluent use, capital costs

Feb 2, 2015

A novel bitumen upgrading process that decreases the amount of diluent required for pipeline transportation and reduces overall operating costs has been proven in a 100-b/d demonstration plant in Pennsylvania.

Fluid typing extends production in Chinese gas reservoir

Feb 2, 2015

Comprehensive evaluation and classified recognition (CECR) of fluid typing and zonation (FTZ) is a prerequisite for developing multilayer sandstone gas reservoirs (MLSGR).

Santos acquires interest in block offshore Malaysia

Feb 2, 2015

Santos Ltd. has acquired 20% interest in a deepwater permit offshore Sabah, Malaysia. The company will take 10% from each of Japan’s Inpex and operator JX Nippon Oil & Gas Exploration for Block R.

Mud volcanoes show gas hydrates potential in India's Andaman Islands

Feb 2, 2015

Minutes after the M9.0 Sumatra-Andaman earthquake in 2004, mud volcanoes erupted on Diglipur Island in North Andaman. The eruptions resulted in an accumulation of debris that reached above the height of the area's surrounding trees.

OGJ Newsletter

Feb 2, 2015

International news for oil and gas professionals

The ANWR blitz

Feb 2, 2015

Deception begins with a 58-sec video on the White House web site in which President Barack Obama says he'll ask Congress to make the whole Arctic National Wildlife Refuge in Alaska a federal wilderness.

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