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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. 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

  1. 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 ..... line shortly following development lease approval. Drilling

  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

  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 ..... develop new reserves surged to ..... reserves and discoveries of new reserves

  4. EAGE: Southern North Sea yields discoveries , despite conventional wisdom

    Online Articles

    Wed, 18 Jun 2014

    Fleckenstein, president, exploration , new ventures ..... the viability of discoveries made in mature basins ..... which has proved reserves of 30 million ..... London-based exploration and production ..... license holds three discoveries , the region has ..... understanding of reservoir development in the Lower Rotliegendes

  5. 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

  6. Repsol makes two western Siberia discoveries

    Online Articles

    Mon, 23 Jun 2014

    Repsol SA has made two hydrocarbon discoveries in the Karabashsky 1 and 2 blocks in ..... western Siberia. The company says the discoveries confirm its expectations for its Russian ..... activity, has reported more than 50 discoveries worldwide since 2008. Repsol in 2013

  7. 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.

  8. Shell to sidetrack Vicksburg strike in deepwater gulf

    Online Articles

    Fri, 5 Jul 2013

    Royal Dutch Shell PLC plans a sidetrack well to test a prospect on a fault block separate from its deepwater Vicksburg A discovery in the Gulf of Mexico, which it estimates holds potentially recoverable oil and gas resources exceeding 100 million boe.

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