Posted by Staff Writer
Exploration/Discoveries, Headlines, North Sea & Western Europe
Thursday, May 3rd, 2012
Lundin Petroleum AB announced that the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled approximately 2.05 miles (3.3 kilometers) southwest of the discovery well 16/2-6 and 2,493 feet (760 meters) north east of the 16/2-11 appraisal well. The Johan Sverdrup field is located [...]
Posted by Staff Writer
Exploration/Discoveries, Headlines, Licensing & Concessions
Friday, March 23rd, 2012
Norwegian oil giant Statoil announced Friday that it and its Oseberg Area Unit partners have made a small oil discovery on the PL053 production license in the North Sea. Statoil said that the Oseberg partners are in the process of concluding drilling operations in the exploration well 30/6-28S. The well drilled by the rig COSL Pioneer [...]
Posted by Staff Writer
Company Operations, Headlines, Licensing & Concessions, South America
Tuesday, March 20th, 2012
Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, and its partners in a Santos Basin exploration block confirmed Tuesday a third pre-salt oil discovery. The oil find, made in the BM-S-8 block off the coasts of Rio de Janeiro and Sao Paulo states, was made in the Caracara well. The well was drilled in 2,027 [...]
Posted by Staff Writer
Drilling/Completions, Headlines, Licensing & Concessions
Tuesday, March 20th, 2012
OGX has acquired an additional 20 percent stake in blocks BM-C-37 and BM-C-38, in the shallow waters of the Campos Basin, from its partner Maersk Oil, becoming operator of these blocks. OGX now holds a 70 percent interest in these blocks, with Maersk Oil holding the remaining 30 percent. “This transaction reflects not only our [...]
Posted by Staff Writer
Development/Production, Headlines, Licensing & Concessions
Tuesday, March 13th, 2012
Anadarko Petroleum Corp. had first production at the Caesar/Tonga development in the Green Canyon area of the deepwater Gulf of Mexico. Production from Caesar/Tonga, with an estimated resource base of 200 to 400 million barrels of oil equivalent (Boe), is expected to ramp up to approximately 45,000 Boe per day from the first three subsea [...]
Posted by nogtec
Africa, Exploration/Discoveries, Headlines
Friday, February 17th, 2012
Statoil, along with its partner ExxonMobil, confirmed Friday that the Zafarai-1 well in Block 2 offshore Tanzania has encountered indications of natural gas in a good-quality reservoir. Statoil said that drilling operations are still ongoing and that it is too early to give any indication of size and commerciality. The well was spud in early January [...]
Posted by Staff Writer
Exploration/Discoveries, Headlines
Wednesday, February 1st, 2012
Brazil’s OGX has confirmed the existence of pre-salt microbiolite reservoirs with hydrocarbons in the shallow waters of the Santos Basin. As previously announced, the wildcat well 1-OGX-63-SPS, located in the BM-S-57 block, identified hydrocarbon both in the Aptian and Albian sections. OGX holds a 100 percent working interest in this block. “The confirmation of these [...]
Posted by Staff Writer
Development/Production, Headlines
Friday, January 20th, 2012
Norway’s oil and gas major Statoil ASA Friday said the Norwegian ministry of petroleum and energy has given the company the green light to develop Skuld field in the Norwegian sea. First oil from the field is scheduled for December 2012 and Statoil said that total investments in the field–which is estimated to contain 90 million barrels of [...]
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