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completions jumped 99% from their level in 2007's second quarter, API said. "The year-to-year increase in exploratory drilling demonstrates the industry's resolve to explore for and find the oil and natural gas to keep our nation going
A substantial increase in exploratory drilling in Indonesia during the next 3 years will result from ..... increase from 120 this year to a peak of about 190 in 1993. Exploratory drilling fell from 217 wells in 1985 to 82 in 1987 because of the
Niko Resources Ltd., Calgary, has moved the Hercules 208 jackup to the Ratnadewi-1 prospect from Candralila-1 on the Lhokseumawe block in Indonesia.
Naftna Industrija Srbije JSC, the Serbian oil and gas company owned 56% by JSC Gazprom Neft, will drill three exploratory wells in the shallow Algyo play in Hungary’s Mako trough on lands held by Falcon Oil & Gas Ltd., Toronto.
Cobalt International Energy Inc., Houston, plans to plug its Ligurian-2 exploratory well in 5,500 ft of water on Green Canyon Block 814 in the Gulf of Mexico after it penetrated all of the targeted Miocene formations without encountering commercial hydrocarbons.
San Leon Energy PLC will drill two exploratory wells to test the conventional oil potential of the Main Dolomite in Poland’s southern Permian basin on San Leon’s 100% held Nowa Sol concession.
Repsol SA has agreed subject to regulatory approvals to take a 44% working interest in and become operator of License 0010 offshore northwestern Namibia, said Tower Resources PLC.
Manas Petroleum Corp. said its Gobi Energy Partners LLC subsidiary completed a seismic survey in Mongolia and is focusing on six areas in order to meet the corporate goal of spudding the first well before end of the second quarter of 2012.
San Leon Energy PLC will shortly spud the Belvedere-1 exploratory well in the Nida Trough in southern Poland.
Two groups plan to drill at least four exploration wells onshore Brunei in 2010.