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Exploration And Development

Exploration And Development news and technical articles from Oil & Gas Journal. Search Exploration And Development latest and archived news and articles

  1. BP exploration chief cites three top technologies in deepwater discoveries

    Magazine Articles

    Mon, 7 Nov 2011

    Our underlying exploration philosophy is a ..... major deepwater discoveries in Egypt and the ..... been key to these discoveries . Large areas of ..... reduce risk in our exploration portfolio and open ..... exploration and reserves replacement performance ..... and new business development globally. He was

  2. E&Y: US oil, gas companies’ reserves , profits up in 2013

    Online Articles

    Tue, 24 Jun 2014

    Although exploration costs declined ..... period. Development spending ..... increase in development spending ..... spent less on exploration . "While ..... Oil, gas reserves rise Yearend ..... Extensions and discoveries for both

  1. AWE upgrades reserves estimates for Perth basin field

    Online Articles

    Fri, 21 Aug 2015

    reported initial 2P reserves and upgraded 2C contingent ..... to book initial 2P reserves for the field at ..... added that gross reserves for Waitsia and nearby discoveries at Senecio, Irwin ..... moving forward with development plans for a low

  2. Cairn-led JV moves on exploration , appraisal offshore Senegal

    Online Articles

    Tue, 14 Apr 2015

    150 million exploration and appraisal ..... s two discoveries , hence the ..... proved oil reserves to make a viable development . Exploration will focus ..... bbl. Any development will use a ..... stage the reserves estimate has

  3. E&Y: US E&P spending reaches new heights

    Online Articles

    Tue, 4 Jun 2013

    Total 2012 exploration spending climbed ..... liquids activity. Development spending last ..... The increased exploration and development spend we’re seeing ..... develop new reserves surged to ..... reserves and discoveries of new reserves

  4. Epir-1 exploration well in Kenya encounters oil, gas shows

    Online Articles

    Thu, 22 Jan 2015

    company says further exploration activities will ..... Tullow’s exploration director. Elsewhere in Kenya Exploration drilling has begun ..... appraisal and development activities. The ..... significant oil discoveries in the western

  5. Beach Energy JV makes two discoveries in Cooper western flank

    Online Articles

    Tue, 3 Jun 2014

    drilling campaign with two discoveries in the western flank of the ..... and says a stand-alone development will cost about $4 million ..... boosted 2P estimated gross reserves for Pennington field to 2 ..... from 1.7 million bbl. Development is likely to cost $6 million

  6. Statoil group has oil find north of Grane field

    Online Articles

    Tue, 28 May 2013

    The licensees will consider various development alternatives based on oil quality and ..... Petoro AS has 28.94%, ExxonMobil Exploration & Production Norway AS 28.22%, and ..... Continental Shelf will be near-field exploration projects. In addition to the Grane

  7. Apache has seven Egypt Western Desert discoveries in four basins

    Online Articles

    Thu, 1 Aug 2013

    Apache Corp. said its exploration program in Egypt ..... yielded seven oil and gas discoveries in four geologic basins ..... ended June 30. Four discoveries are in the Faghur basin ..... 1X, on the WD 30 Development Lease acquired in 2010 ..... line shortly following development lease approval. Drilling

  8. OMV makes Barents Sea oil discovery

    Online Articles

    Thu, 3 Jul 2014

    OMV (Norge) AS, operator of PL 537 in the Barents Sea offshore Norway, estimates that its Hanssen discovery (Sto formation) contains 20-50 million boe, largely oil.

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