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BPZ Energy Inc., Houston, has spudded the first development well on the Corvina field CX-15 platform on Block Z-1 offshore Peru.
Austral Pacific Energy Ltd. has started drilling the first of four development wells in Cheal oil field in New Zealand's Taranki basin.
The consortium that operates Peru's giant Camisea gas-condensate project is reported to have begun drilling the first of six production wells in Pagoreni gas-condensate field on nearby Block 56.
Drilling has started on the first of four development wells planned for the Camisea natural gas project.
In today's upstream exploration and production industry, companies are placing much greater emphasis on improving collaboration between asset teams to more efficiently evaluate economics and risk factors involved in prospect development.
and will be applied from the start of commercial operations expected to take-off in August of the same year. Development drilling continues Meanwhile, Parker Drilling Co. is drilling the fourth development well in the Camisea fields, the
probable reserves at Bualuang oil field on the B8/38 license in the Gulf of Thailand, where it is preparing to start development drilling . Consulting engineers analyzed field performance and modeled individual wells, revised proved reserves to 14
and gas reserves of the El Mansoura Concession in the Nile Delta of Egypt on the basis of recent appraisal and development drilling . Melrose holds a 100% working interest in the concession. The company's West Dikirnis No. 4 well flowed at
production facilities to be installed during the development drilling stage. Deep Oil Technology's Paul N. Stanton ..... process module might be installed early in the development drilling phase to obtain revenues from early production
Exploration and development drilling activity in the US and Canada likely will continue increasing into 2002, barring a large drop in commodity oil and gas prices