More Oil & Gas Exploration and Development News

Energy Institute guide explains UK shale gas

Aug 5, 2015

The Energy Institute (EI), London, has published a 20-page guide to shale gas, aiming, it says, “to bring scientific and technical accuracy to the debate” over development of natural gas from shales in the UK.

Sharma named ONGC Videsh director, exploration

Aug 4, 2015

Sudhir Sharma has been named director, exploration, of ONGC Videsh Ltd. Most recently, Sharma served as the company’s country manager and legal representative for the firm’s Colombia operations.

BG lets contract for seismic survey offshore Honduras

Aug 3, 2015

BG International Ltd. Sucursal Honduras has let a contract to Fugro for an integrated multibeam echosounder survey and seabed coring project offshore Honduras.

Lime Petroleum due Norwegian Sea stakes

Aug 3, 2015

Lime Petroleum Norway AS has agreed to acquire 50% of the PL760 and PL760B licenses in the Norwegian Sea from Enquest Norge AS. Terms weren’t reported.

AFPM Q&A-1: Safety, gasoline processing questions addressed at annual conference

Aug 3, 2015

Gasoline processing operations, with a focus on safety, blending, and reforming issues, garnered considerable attention during the 2014 American Fuel and Petrochemical Manufacturers Q&A and Technology Forum (Oct. 6-8; Denver).

Junex spuds fifth well on Quebec’s Galt prospect

Jul 31, 2015

Junex Inc. has spudded the Galt No. 5 as a follow up to its Galt No. 4 that came in at more than 300 bo/d in January.

BLM issues draft EA for Noble Energy’s latest DJ basin oil project

Jul 30, 2015

The US Bureau of Land Management released a draft environmental assessment for Noble Energy Inc.’s proposal to develop as many as 89 oil wells in Colorado’s Denver-Julesburg basin. The 7,986-acre project area is in a part of the D-J basin where oil and gas have been developed over several decades, it noted.

Vermilion Energy farms into German acreage

Jul 30, 2015

Vermillion Energy Inc. has signed a farm-in agreement providing access to a nearly contiguous land block in the North German basin.

PA Resources submits Tunisian field development plan

Jul 30, 2015

PA Resources Tunisia has submitted Tunisian authorities a plan of development for Zarat field that outlines a multiphase joint venture between PA Resources and L’Entreprise Tunisienne d’Activites Petrolieres (ETAP).

Rosneft, ExxonMobil file joint bids for Mozambique offshore contracts

Jul 30, 2015

OAO Rosneft and ExxonMobil Corp. filed joint bids to participate in the fifth licensing round organized by Mozambique’s Institute of National Petroleum.

Ecopetrol makes deepwater find offshore Colombia

Jul 30, 2015

Colombia’s Ecopetrol and its equal partner Anadarko Petroluem Corp. made a natural gas discovery with their Kronos-1 well, drilled in the deepwater Caribbean Sea offshore Colombia. The well encountered a 40-70 m net pay thickness of gas-bearing sandstones, the companies reported.

Husky assesses options for West White Rose extension project

Jul 28, 2015

The Canada-Newfoundland and Labrador Offshore Petroleum Board said it has provided “conditional approval” of a development plan by Husky Energy Inc. for the West White Rose extension in the Jeanne d’Arc basin.

UK awards 41 more licenses in offshore round

Jul 28, 2015

The UK government has awarded 41 licenses for exploration and production in the second tranche of the 28th Offshore Licensing Round.

First bidding round showed Mexico reform challenges, House panel told

Jul 27, 2015

An apparently disappointing first round of bids for oil and gas exploration rights revealed problems that require attention if Mexico’s dramatic energy policy reforms are to succeed, witnesses told a US House Foreign Affairs Committee subcommittee (OGJ Online, July 16, 2015).

ConocoPhillips plans further capex reduction for deepwater exploration

Jul 27, 2015

ConocoPhillips reported plans to further reduce its capital expenditures for deepwater exploration, with the "most significant reductions" coming from its operated program in the Gulf of Mexico. The company did not specify by how much capex would be reduced, however.

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