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More Oil & Gas Exploration and Development News

Max Petroleum logs pay in Kazakh appraisal

May 22, 2013

Max Petroleum PLC, London, has run production casing in an appraisal well it plans to test in Baichonas West field in Kazakhstan.

Spain: Union Fenosa group shoots 3D in Rioja area

May 22, 2013

Union Fenosa Gas Exploracion y Produccion SAU, Soc. de Hidrocarburos de Euskadi SA, and Oil & Gas Skills SA have completed a 232 sq km 3D seismic survey in the Rioja area of northern Spain.

Namibia: HRT finds noncommercial oil at Walvis well

May 22, 2013

HRT Participacoes em Petroleo SA, Rio de Janeiro, said its Wingat-1 well on Block 2212 in the Walvis basin offshore Namibia found noncommercial amounts of oil and is being plugged.

Alaskan government proposes new ANWR crude oil resource study

May 20, 2013

Alaska’s state government proposed that a new study of potential crude oil resources beneath the Arctic National Wildlife Refuge’s coastal plain be conducted before the Obama administration decides whether to designate more of the refuge as wilderness and wild and scenic rivers.

Petronas sees 200 million stb on peninsular block

May 20, 2013

Persistent exploration and drilling have resulted in a recoverable resource of more than 200 million stb of oil on Block PM304 off Peninsular Malaysia compared with the initial estimate of 12 million stb of oil for Cendor field a decade ago.

Exploration/Development Briefs

May 20, 2013

Tests imply Lundin's Luno II discovery likely commercial

May 20, 2013

A group led by Lundin Petroleum AB's Norway subsidiary has finished tests at the previously announced Luno II discovery on the southwestern flank of the Utsira high in the North Sea 15 km south of Lundin-operated Edvard Grieg field.

Apache discovers oil in three Egypt Western Desert basins

May 20, 2013

Apache Corp. has gauged oil and-or gas discoveries in three basins in northwestern Egypt, including one discovery that established the deepest production to date in the Western Desert producing province.

Uzbekistan: Tethys Petroleum signs exploration protocol

May 17, 2013

Tethys Petroleum Ltd. has signed a protocol of intent with the Uzbek state oil and gas company Uzbekneftegaz for exploratory work on the Bayterek block in the North Ustyurt basin in northern Uzbekistan.

Bill aims to protect states' shares of federal royalties

May 16, 2013

US Rep. Cynthia Lummis (R-Wyo.) introduced legislation to ensure states that normally receive half of federal onshore oil and gas royalties under the Mineral Leasing Act actually receive the money.

BLM seeks comments on Devon's proposed Horseshoe basin project

May 16, 2013

The US Bureau of Land Management’s Rock Springs, Wyo., field office began a 30-day public scoping period on May 6 before it prepares an environmental assessment of Devon Energy Production Co. LP’s proposal to develop up to 20 new oil and gas wells within the Horseshoe basin unit.

Brazilian round draws record bid total

May 16, 2013

Brazil’s 11th bidding round for onshore and offshore exploration rights, its first in 5 years, auctioned 142 blocks and drew bids totaling a record $1.4 billion.

Statoil farms into Great Australian Bight

May 15, 2013

Statoil has farmed into BP PLC’s four permits in the South Australian sector of the Great Australian Bight to earn a 30% interest overall.

New Zealand: East Coast basin well has shows in source rock

May 15, 2013

TAG Oil Ltd., Vancouver, BC, said its Ngapaeruru-1 exploratory well on PEP 38349 in New Zealand’s East Coast basin had excellent mud gas shows at 1,140-1,295 m and that preliminary gas ratio analysis indicates a predominantly wet gas/oil signature.

Cameroon: Addax contracts Atwood jack up for 2014

May 14, 2013

Sinopec Group’s Addax Petroleum Cameroon Ltd. unit has let a contract to Atwood Oceanics Inc. for the Atwood Aurora jack up to drill offshore Cameroon.

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