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Archive for the ‘Exploration Development’ Category

Baker Hughes: US rig count down 9 units to 975

June 7th, 2019 by Latest News

The US drilling rig count fell 9 units, reaching 975 rigs working for the week ended June 7, according to Baker Hughes data. The count is down 87 units from the 1,062 rigs working this time a year ago.

Posted in Drilling Operations, Drilling Production, Economics Markets, Exploration Development, General Interest, Oil & Gas Journal
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Nigerian regulator revokes six licenses

June 7th, 2019 by Latest News

Nigeria’s Department of Petroleum Resources has revoked five oil mining leases and one oil prospecting license. It cited “noncompliance with statutory regulatory obligations” and said it was acting under a “presidential directive on recovery of legacy …

Posted in Drilling Production, Exploration Development, General Interest, Government, Oil & Gas Journal
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Santos confirms Dorado’s size with appraisal well

June 6th, 2019 by Latest News

A joint venture of Santos Ltd. and Carnarvon Petroleum Ltd. has confirmed a “major” oil and gas discovery with the Dorado well, drilled in the Bedout subbasin about 160 km offshore Port Hedland, Western Australia.

Posted in Discoveries, Exploration Development, Oil & Gas Journal, Reserves
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Gazprom, Shell forming Russian venture

June 6th, 2019 by Latest News

Gazprom Neft and Royal Dutch Shell PLC have agreed to form a joint venture for development of oil and gas fields in the Yamalo-Nenets Autonomous Okrug of northwestern Russia.

Posted in Companies, Exploration Development, General Interest, Oil & Gas Journal
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Angola to offer 10 blocks in bid round

June 5th, 2019 by Latest News

Angola’s new licensing agency will offer 10 oil and gas blocks in the first of several auctions it plans in a 6-year strategy. Paulino Jeronimo, chief executive officer of the National Agency of Petroleum, Gas, and Biofuels (ANPG) said at a conference …

Posted in Exploration Development, General Interest, Government, Oil & Gas Journal
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Cooper Energy signs gas sales agreements with AGL

June 5th, 2019 by Latest News

Cooper Energy Ltd., Adelaide, has signed natural gas supply agreements with Sydney distributor and retailer AGL Energy Ltd. for production from Cooper’s Sole field offshore Gippsland basin and its Casino Henry operations in the offshore Otway basin.

Posted in Drilling Production, Exploration Development, Field Start Ups, Oil & Gas Journal, Production Operations
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Aker BP drills dry hole in North Sea

June 4th, 2019 by Latest News

Aker BP ASA will plug exploration well 15/6-15 in PL814, 15 km northeast of Gina Krog field in the North Sea. The well was a dry hole. The exploration well—the first in the license—was drilled to a vertical depth of 3,761 m subsea with Odfjell Drilling…

Posted in Discoveries, Exploration Development, Oil & Gas Journal
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UK offers 37 licenses in offshore round

June 4th, 2019 by Latest News

Thirty companies, some of them in groups, have received offers for the award of 37 licenses covering 141 blocks in the UK’s 31st offshore licensing round. The frontier areas are in the Faroe-Shetland basin, Moray Firth, East Irish Sea, East Shetland Pl…

Posted in Companies, Exploration Development, General Interest, Government, Oil & Gas Journal, Reserves
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W&T Offshore makes oil find with Gladden Deep well

June 4th, 2019 by Latest News

W&T Offshore made an oil discovery with its Gladden Deep well on Mississippi Canyon 800 block in the US Gulf of Mexico, reported partner Kosmos Energy Ltd. of Dallas. Gladden Deep is a subsea tie back expected to be brought online through the exist…

Posted in Companies, Discoveries, Exploration Development, General Interest, Oil & Gas Journal, W&T Offshore Inc
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New technology due in Aerfugl development

June 4th, 2019 by Latest News

Aker BP plans to use two new technologies in development of Aerfugl gas and condensate field in the Norwegian Sea, reports partner PGNiG Upstream Norway. The Polish Oil & Gas Co. subsidiary says the subsea wells will use the world’s first 7-in. ver…

Posted in Drilling Production, Exploration Development, Oil & Gas Journal, Production Operations
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