Archive for the ‘Exploration Development’ Category

A federal court’s March decision that vacated the US Office of Natural Resources Revenue’s repeal of its consolidated federal oil and gas and federal and Indian oil and gas effectively reinstated the 2016 requirements, ONRR advised federal leaseholders…

ConocoPhillips Alaska reported it will acquire 11 tracts covering 21,000 acres in the western Alaska North Slope, which includes the 2012 Nuna oil discovery, from Caelus Natural Resources Alaska. Nuna lies east of the Colville River and 5 miles southwe…

Rathlin Energy (UK) is assessing initial results it calls “encouraging” in an appraisal well drilled to assess a natural gas discovery in Humberside, England. Rathlin drilled the West Newton A-2 appraisal well to 2,061 m on PEDL 183 near Hull. It cut 2…

The Dominican Republic’s Ministry of Energy and Mines will open its first licensing round at an event in partnership with Wood Mackenzie July 10, with an offering of 14 blocks.

Norway’s Equinor and partners Ineos E&P and Faroe Petroleum will evaluate how to further develop an oil and gas discovery made in exploration well 6507/3-13 (Snadd Outer Outer/Black Vulture), 14 km southwest of Norne field in the northern part of t…

Equinor Energy will plug exploration well 7335/3-1 in PL 859, which was drilled 8 km southeast of the 7435/12-1 (Korpfjell) natural gas discovery in the Barents Sea, and 435 km north of Vardo. The well was dry. The well was drilled to a vertical depth …

Aker BP has been granted a drilling permit by the Norwegian Petroleum Directorate for well 25/2-20 in production license 442 in the North Sea.

Reliance Industries and BP have sanctioned the third of three projects in the integrated natural gas development of Block KG D6 in deep water off eastern India. The new project, MJ, is a high-pressure, high-temperature gas condensate field with well de…

Prime Rock Resources, a portfolio company of Lime Rock Partners, and privately held New Dawn Energy have agreed to jointly develop properties contributed by both companies in the Cretaceous Austin chalk play of Louisiana.

Lukoil and KazMunayGaz have signed a heads of agreement calling for negotiation of mineral rights on the I-P-2 block offshore Kazakhstan. The block is 130 km off Aktau in 300-400 m of water. Lukoil said 2D seismic surveys have been shot over the a…