More Oil & Gas Exploration and Development News

China reviewing oil relationships with Sudan, South Sudan, researcher says

Oct 27, 2014

The Chinese government and China National Petroleum Corp. are reviewing their relationships with Sudan and South Sudan following years of growth that changed both sides, a researcher said at Johns Hopkins University's School for Advanced International Studies.

CNOOC makes ‘mid-to-large’ oil, gas discovery in Bohai Bay

Oct 24, 2014

China National Offshore Oil Corp. Ltd. reported what it is calling a “mid-to-large” oil and natural gas discovery in its Jinzhou 23-2 well in the Bohai Sea.

Statoil adds Northern Carnarvon basin permit offshore Australia

Oct 24, 2014

Australia’s National Offshore Petroleum Titles Administrator (NOPTA), through the 2013 Offshore Petroleum Exploration Acreage Release, has awarded Statoil ASA 100% equity share in the 13,000-sq-km permit WA-506-P in the Northern Carnarvon basin on the Northwest shelf of Australia.

Petrobras makes deepwater gas, condensate discovery in Espirito Santo basin

Oct 24, 2014

Petroleo Brasileiro SA (Petrobras) confirmed the deepwater presence of gas and condensates through log data and cable tests from the 4-BRSA-1265-ESS well in the Espirito Santo basin post-salt.

Gaz Metro, Anticosti Hydrocarbons sign gas development deal

Oct 23, 2014

Anticosti Hydrocarbons LP has signed a strategic agreement in principle with natural gas distributor Gaz Metro Ltd. Partnership to develop associated gas from Anticosti Island in the Gulf of St. Lawrence offshore Quebec.

BOEM to prepare EIS for potential Cook Inlet lease sale

Oct 23, 2014

The US Bureau of Ocean Energy Management plans to prepare an environmental impact statement for a possible oil and gas lease sale in Cook Inlet off Alaska’s south-central coast, BOEM said in an Oct. 23 Federal Register notice. Comments will be accepted through Dec. 8, it indicated.

Tullow reports on first well in the Kerio basin in Kenya

Oct 23, 2014

Tullow Oil PLC, London, reported that its first well in the Kerio basin in Kenya had “encouraging hydrocarbon shows,” but alluvial sands in reservoirs were of “mixed quality.”

Marconi-Vorlich discovery in UK North Sea flows 5,350 boe/d

Oct 23, 2014

A discovery spanning two blocks in the UK central North Sea has flow-tested at a maximum of 5,350 boe/d, operators said.

Continental testing Springer shale potential

Oct 23, 2014

Four delineation wells operated by Continental Resources Inc. in Grady County, Okla., confirm potential of the Mississippian Springer shale in the South-Central Oklahoma Oil Play (SCOOP), says Chairman and Chief Executive Officer Harold G. Hamm.

Chevron finds oil on Guadalupe prospect in deepwater gulf

Oct 23, 2014

Chevron Corp. has made an oil discovery on its Guadalupe prospect in the deepwater Gulf of Mexico.

DOE launches marine gas hydrate project

Oct 22, 2014

The US Department of Energy has launched a 4-year, marine research project to gain a deeper understanding of methane hydrate-bearing sediments.

Alaska awards Beaufort Sea leases following ANWR boundary review

Oct 22, 2014

Alaska’s Division of Oil and Gas awarded two Beaufort Sea leases pending since 2011 and published tract maps for Nov. 19 Beaufort Sea and North Slope lease sales that accurately reflect the Arctic National Wildlife Refuge’s western boundary following a thorough review.

Shell makes gas discovery offshore Gabon with Leopard-1 well

Oct 22, 2014

Shell Gabon reported a natural gas discovery offshore Gabon with 200 m of net pay in a presalt reservoir.

Taipan increases resource estimate for Block 1 in Kenya

Oct 21, 2014

An independent assessment carried out by RPS Energy on behalf of Taipan Resources Inc. has resulted in an increase in Taipan’s total gross aggregate mean prospective resource on Block 1 in northern Kenya to 1,303 million bbl of oil. Of that total, Taipan holds working interest in 260 million bbl.

Statoil proves oil near Grane field in North Sea

Oct 21, 2014

Statoil ASA proved a 25-m oil column in the D-structure of the Heimdal formation north of the North Sea’s Grane field.

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