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Drilling & Exploration News Archive January - June 2010

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KCA DEUTAG Awarded Drilling Contract by TAQA

KCA DEUTAG awarded contract by TAQA Energy B.V., the Dutch subsidiary of the Abu Dhabi National Energy Company PJSC (TAQA). The contract, which is for KCA DEUTAG's heavy land drilling rig T-45, comprises the provision of drilling and related services for TAQA Energy B.V. in the Netherlands.
24/06/2010 More »

Catcher Discovery Drill Stem Test Drilling Update

Premier Oil plc notes that the operator of the Catcher well today announced that testing operations on the oil discovery located in the UK Central North Sea Block 28/9 completed and well will now be sidetracked approximately 0.5 kilometres to the east.
15/06/2010 More »

Aker Solutions Wins Two Drilling Equipment Contracts

Aker Solutions awarded two contracts with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in South Korea for the delivery of two drilling equipment packages.
28/05/2010 More »

Sinochem to Become 40% Partner of Statoil in Peregrino Oil Field in Brazil

Statoil agrees to sell 40% of the Peregrino field offshore Brazil to Sinochem Group. Statoil maintains 60% ownership and the operatorship of the field which is set to start production in early 2011.
25/05/2010 More »

TNK-BP Strengthens its Geological Exploration Team

TNK-BP to expand and strengthen its geological exploration team by employing more than 60 specialists. The company is inviting geologists, geophysicists, sedimentologists, petrophysicists, seismic engineers, and specialists of other geological exploration specialties to the Tyumen Petroleum Research Center and the Central Office of TNK-BP in Moscow.
21/05/2010 More »

Toreador and Hess Announce Paris Basin Shale Oil Partnership

Toreador and Hess sign definitive agreement, under which Hess may become co-holder of Toreador's awarded and pending exploration permits in the Paris Basin, France, which are currently expected to represent approximately 1 million gross acres.
11/05/2010 More »

Marathon Announces Results for Gulf of Mexico Flying Dutchman Well

Marathon Oil Corporation drills discovery well on Flying Dutchman prospect located on Green Canyon Block 511, in the Gulf of Mexico. Results of Flying Dutchman will be evaluated along with additional potential drilling on Green Canyon Block 511 to determine overall commerciality.
11/05/2010 More »

BG Group Announces US Appalachian Basin Joint Venture with EXCO

BG Group enters into further joint venture arrangements with its US shale partner, EXCO Resources, Inc. BG Group will acquire a 50% interest in companies that hold EXCO's producing and non-producing assets in the Appalachian Basin, located primarily in Pennsylvania and West Virginia, USA.
11/05/2010 More »

Encana Establishes Significant New Land Position on Promising Michigan Basin Natural Gas Shale Play

Encana Corporation assembles significant land position on promising new natural gas shale play in Michigan. The company's first exploration well delivered encouraging test results.
11/05/2010 More »

Lundin Petroleum Submits Plan to Develop the PI Field Offshore Norway

Lundin Norway AS announces submission of the plan for development and operation (PDO) for the Pi field in PL292, located in the Norwegian North Sea, to the Norwegian Ministry of Petroleum and Energy.
07/05/2010 More »

Gas and Condensate Discovery Norwegian Sea in Fogelberg Exploration Well

Faroe Petroleum announces gas and condensate discovery on the Fogelberg prospect (Faroe 15%), located in PL433 in the Norwegian Sea. Following a period of coring and extensive data acquisition, the well reached a vertical depth of 4,736 metres below the sea surface and was terminated in the Åre formation in lower Jurassic.
23/04/2010 More »

Eni Starts Development of Kitan Oil Field Offshore Australia and Timor-Leste

Eni starts development of the Kitan oil field, located in the permit 06-105 of the Joint Petroleum Development Area (JPDA) between Timor-Leste and Australia, approximately 250km south of the Timor-Leste capital of Dili and 500km north of Darwin, Australia.
23/04/2010 More »

M-I SWACO Awarded Significant Multi Service Contract in Angola, West Africa

M-I SWACO awarded substantial multi services contract inclusive of drilling and completion fluids, drilling waste management, filtration, wellbore clean up tools, vessel cleaning and related services by Cabinda Gulf Oil Company Limited, a subsidiary of Chevron.
19/04/2010 More »

Petrobras Signs Cooperation Agreement with China

Petrobras announces signing a Strategic Cooperation Agreement with China Petrochemical Cooperation (SINOPEC) and China Development Bank Corporation (CDB) aimed at assessing mutually beneficial opportunities on the areas of cooperation.
19/04/2010 More »

Petrobras Provide Clarification on Capitalization and Drilling in Tupi

Petróleo Brasileiro S.A. - Petrobras, concerning news published by the Brazilian press over the past few days, clarifies that it is working with the expectation that the Bills sent to the National Congress will be approved, and that the capitalization with the Transfer of Rights will take place no later than at the end of July of this year.
14/04/2010 More »

Petrobras Acquisition of Participating Interest in Australia

Petróleo Brasileiro S.A - Petrobras, announces that its wholly-owned subsidiary Petrobras Internacional Braspetro - PIB BV has acquired from MEO Australia Ltd 50% of participating interest in the exploratory block WA-360-P, located in the Australian North Carnarvon basin, for the amount of US$ 39.0 million.
14/04/2010 More »

Partners in Njord Licence to Develop North-west Flank of Njord

The partners in the Njord licence in the Norwegian Sea have resolved to develop the north-west flank of Njord. This development will increase the total recoverable reserves in the Njord field, secure continued gas exports and extend Njord's lifetime by up to two years.
13/04/2010 More »

Alamo Energy Corp. Acquires UK Onshore Seismic and Well Data

Alamo Energy Corp. (OTCBB:ALME) announces the purchase of data for its UK onshore licences to further define the areas of its future seismic shoot.
12/04/2010 More »

BG Group and Partners Announce Successful Tupi Field Step-out Appraisal Well in Santos Basin, Brazil

BG Group (25%) and partners, Petrobras (65% and operator) and GALP (10%), successfully complete drilling a Tupi field appraisal well (3-RJS-666) in the BM-S-11 licence area, Santos Basin pre-salt, offshore Brazil.
09/04/2010 More »

Angola: Two New Oil Discoveries on Deep Offshore Block 15/06

Total announces that its subsidiary, TEPA (Block 15/06), Limited, and its partners have made two important oil discoveries in Angola at the Nzanza-1 and Cinguvu-1 wells, in the deep waters of the Angolan offshore.
09/04/2010 More »

Eni Announces Two New Oil Discoveries in Angola

Eni announces two new oil discoveries made in Block 15/06, Nzanza-1 and Cinguvu-1, offshore Angola. Statoil has a 5% working interest in this block. Both wells, located around 350 km north-west of Luanda in 1,400 metres of water depth, successfully reached the objectives in the Lower Miocene targets where oil pay sands with good reservoir characteristics were encountered.
09/04/2010 More »

Statoil Oil and Gas Discovery Just North of Norne

Statoil fing oil and gas in the Fossekall prospect just north of the Norne field in the Norwegian Sea. Proved recoverable resources are provisionally estimated at between 37 and 63 million barrels of oil.
09/04/2010 More »

SPD Commences Multi-well, Multi-customer Manangement Programme in UK North Sea

SPD, part of Petrofac Production Solutions, will shortly commence a four firm well programme with a project value in excess of £50 million in the Northern and Central North Sea utilising Diamond Offshore's semi-submersible, the Ocean Nomad.
05/04/2010 More »

Schlumberger Acquires Geoservices from Astorg and Minority Shareholders

Schlumberger announced today the acquisition of Geoservices - a privately owned French oilfield services company specialized in mud logging, slickline and production surveillance operations. The total value of the transaction, including net debt, is $1,070 million.
25/03/2010 More »

Faroe Petroleum Report Successful Ongoing Drilling of Fogelberg Exploration Well in the Norwegian Sea

Faroe Petroleum plc announce that the well 6506/9-2 S has reached the target reservoir on the Fogelberg Prospect (Faroe 15%), and that indications of hydrocarbons have been encountered. The well was drilled into the mid Jurassic reservoir of the Garn Formation with indications of hydrocarbons based on log response and increased gas levels.
24/03/2010 More »

Shell and China National Petroleum Corp. Announce Natural Gas Cooperation

China National Petroleum Corporation and Royal Dutch Shell plc today announced plans to jointly develop and produce natural gas in China's Sichuan basin. The companies submitted a production sharing contract to the Chinese central government for approval.
23/03/2010 More »

DNO International ASA - Termination of Farm-in Discussions for the Chorbane Permit in Tunisia

Reference to DNO's stock exchange notice dated 16 October 2009, concerning signing of letter of intent between Audax Resources Ltd and DNO for farm-in transaction in Tunisia. Farm-in discussions now terminated, as parties failed to agree on transaction terms.
23/03/2010 More »

Gulfsands Enter Agreement to Acquire Interest in Blocks in Tunisia and Southern Italy

Gulfsands Petroleum plc reaches agreement to acquire working interest positions in two exploration permits in Tunisia (Chorbane and Kerkouane Permits) and one exploration permit in Southern Italy (G.R15.PU) from AuDAX Resources Ltd.
22/03/2010 More »

Nexen Announces Significant Discovery at Appomattox in the Eastern Gulf of Mexico

Nexen and its partner make significant discovery in the Eastern Gulf of Mexico at Appomattox, located in Mississippi Canyon blocks 391 and 392. Recent operations at Appomattox have resulted in an oil discovery with excellent reservoir quality, following the drilling of an exploratory well and two appraisal sidetracks.
19/03/2010 More »

New Rig Contracts Signed

Statoil awards contract to Dolphin AS and letter of intent to Seadrill for two rigs which will operate on the Norwegian continental shelf. Both rigs are working for Statoil at present.
19/03/2010 More »

Total Signs Agreement to Acquire 50% Interest in Concession Held by OTG in Kazakhstan

Total announces agreement to acquire a 50% interest in Kazakhstan's Concession held by OilTechnoGroup (OTG), the Kazakh subsidiary of Poland's Petrolinvest. The transaction, subject to the Kazakh government approval, broadens Total's portfolio of acreage in Kazakhstan.
18/03/2010 More »

Petrobras Discover Light Oil in Piranema

Petróleo Brasileiro S.A. (Petrobras) announces new discovery of light oil in sandstone reservoirs located in the Sergipe Basin, in the post-salt layer of the Piranema area. Economically recoverable volume of oil is estimated at 15 million barrels.
18/03/2010 More »

CNOOC Establish Joint Venture with Bridas Energy Holdings

CNOOC Limited proposes to form 50%/50% joint venture with Bridas Energy Holdings Ltd in Bridas Corporation for a consideration of approximately USD3.1 billion in cash. Transaction will be funded from the internal resources of the Company.
16/03/2010 More »

Chevron Deploys Second Ultra-Deepwater Drillship

Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation, today announced that it has commenced operations on the Discoverer Inspiration, an ultra-deepwater drillship, in the U.S. Gulf of Mexico. The vessel has the capability to drill wells in 12,000 feet (3,650 meters) of water to a total depth of 40,000 feet (12,200 meters).
12/03/2010 More »

KCA DEUTAG Awarded Multi-million Dollar Contracts in Libya

KCA DEUTAG awarded land drilling contracts in Libya by Petro-Canada Oil (North Africa) GmbH and JSC Tatneft Libyan Branch. The Libyan Sirte Oil Company also awarded a one year drilling contract to KCA DEUTAG's Rig 206.
11/03/2010  More »

Lundin Petroleum Receives First Oil On to Thistle Installation Through Pipeline from Don Development

Lundin Petroleum announces Thistle facility received first export oil volumes across the facility from the Dons development. The oil is commingled with Thistle's existing export oil stream and then enters the Brent System pipeline.
08/03/2010  More »

Alamo Energy Corporation Receives Approval to Become Exploration Operator in UK on Four Onshore License Blocks

Alamo Energy Corp., receives approval from the U.K. Department of Energy and Climate Change (DECC) to be the block operator for four UK onshore license blocks (TQ26, TQ36, TQ46, TQ56) in the south of England totaling 400 square kilometers.
08/03/2010  More »

Dana Gas Announces Two Gas Discoveries in Egypt

Dana Gas PJSC announces two gas discoveries in the Nile Delta, Egypt. Both the El Panseiya-1 and South Faraskour-1 discoveries are expected to be tied in to the Company's nearby El Wastani gas processing plant by the end of 2010.
08/03/2010  More »

Lundin Petroleum Resumes Drilling on Thistle Field, Offshore United Kingdom

Lundin Petroleum AB announces the resumption of drilling on its Thistle field for the first time in over 20 years. The resumption of drilling marks a significant milestone in the re-development of the Thistle platform following a USD 170 million investment in the fabric and integrity of the asset.
26/02/2010  More »

Faroe Petroleum Commence Drilling of Norwegian Sea Fogelberg Exploration Well

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and undeveloped field opportunities in the Atlantic margin, the North Sea and Norway, announces drilling commenced on the Fogelberg prospect (Faroe 15%), located in the Norwegian Sea.
22/02/2010  More »

Gulfsands Petroleum Operations Update

Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, and the U.S.A., provides the following update on the Company's operations at Block 26, Syria where Gulfsands holds a 50% interest and acts as operator.
19/02/2010  More »

Small Oil Discovery in Tampen Area

A limited oil column was proven during drilling of an exploration well on the Omega Nord prospect six kilometres north-east of the Snorre field in the North Sea.
10/02/2010  More »

Lundin Petroleum Completes Exploration Well in Norway

Lundin Petroleum announces completion of exploration well 6507/11-10 on the Frusalen prospect located in the Norwegian Sea. The exploration well 6507/11-10 was targeting Middle and Lower Jurassic sandstones in a structural trap and reached target depth at approximately 2,300 meters.
10/02/2010  More »

Clough Helix Joint Venture Announced

Clough Helix JV to integrate Helix ESG's well intervention equipment with Clough's new 12-man saturation diving system, to enable both to be deployed from the 118 meter long DP2 multiservice vessel Normand Clough outfitted with a 250 ton active heave compensated crane and twin deepwater work class Remotely Operated Vehicles.
09/02/2010  More »

Husky Energy Announces Third Discovery in South China Sea

C.S. Lau, President & Chief Executive Officer of Husky Energy Inc., announces that Husky Oil China Ltd., a wholly owned subsidiary of Husky Energy, has made its third significant gas discovery on Block 29/26 in the South China Sea.
08/02/2010  More »

CNOOC Ltd. Welcomes 2010 with Higher Production Growth and Robust CAPEX Investment

CNOOC Limited today announced its 2010 business strategy and development plan and welcomes 2010 with higher production growth and Robust CAPEX Investment.
03/02/2010  More »

Statoil Extends Drilling Services Contracts

Statoil extends contracts with Schlumberger Norge AS and Baker Hughes Norge AS for integrated drilling services. Extensions are valid for two years from the autumn of 2010.
02/02/2010  More »

Petrofac Comment on Press Speculation

Petrofac, the international oil & gas facilities service provider, comments on press speculation concerning the possible demerger of its interests in the Don area of the North Sea.
01/02/2010  More »

Department of Energy and Climate Change Announce Record Acreage in Latest Licensing Round for Offshore Oil and Gas Exploration

New round of offshore licensing will give further boost to the UK's offshore oil and gas industries, Energy and Climate Change Minister Lord Hunt said today. Lord Hunt was in Fife, Scotland, visiting an oil platform manufacturing yard as he launched the 26th offshore licensing round to allow for oil and gas exploration in UK waters.
27/01/2010  More »

Keppel to Build Saudi Aramco's First Purpose-built Jackup

Keppel FELS Limited secures contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco to build a customised KFELS Super B Class jackup rig. Contract is subject to notice from the owner to proceed with construction by May 2010.
27/01/2010  More »

Faroe Petroleum Awarded New Exploration Licence in Norway and Prequalifies as Operator

Faroe Petroleum awarded new prospective licence under 2009 Norwegian APA Round and prequalified as an operator for the Norwegian Continental Shelf.
27/01/2010  More »

Chevron Announces Gas Discovery in Greater Gorgon Area

Chevron Corporation, through an Australian subsidiary, today announced further exploration drilling success in the Greater Gorgon Area in the Carnarvon Basin offshore Western Australia.
26/01/2010  More »

Chesapeake Energy Corporation Announces Closing of $2.25 Billion Barnett Shale Joint Venture with Total E&P USA, Inc.

Chesapeake Energy Corporation today announced the closing of its $2.25 billion Barnett Shale joint venture transaction with Total E&P USA, Inc., a wholly-owned subsidiary of Total S.A. ("Total"), whereby Total acquired a 25% interest in Chesapeake's upstream Barnett Shale assets.
26/01/2010  More »

Petrofac Provides Update on Area 22 Well in Don Southwest Field

Petrofac, Operator of the Don development, has provided the following update on the Area 22 well in the Don Southwest field.
25/01/2010  More »

Woodside Energy Announce Gas Encountered in Noblige Well

Woodside advises that the Noblige-1 exploration well in permit WA-404-P has indications of gas from measurement-while-drilling logs at several levels, including over a gross interval of about 300 metres in the intra-Triassic primary target.
25/01/2010  More »

Wintershall Wins Four New Exploration Licenses in Norway

Norwegian energy ministry awards Wintershall Norge A.S.A. working interests in four new exploration licenses in current licensing round, APA 2009. They comprise two new licenses in the Norwegian North Sea, one license in the Norwegian Sea and one license in the Barents Sea for the BASF subsidiary.
22/01/2010  More »

Tullow Oil: Kasamene-2 Appraisal Well - Success for Early Development Plans

Tullow Oil's Kasamene-2 appraisal well, located in the Butiaba region of Uganda Block 2, encountered 39 metres of net oil pay and 8 metres of net gas pay within a 132 metre gross interval.
22/01/2010  More »

Repsol Awarded Two Exploration Licenses in Norway

Norwegian Government awards two new offshore exploration licenses in the North Sea and Norwegian Sea to a consortium in which Repsol participates. Norway is one of Repsol's medium-term key growth areas for exploration and production.
21/01/2010  More »

Tullow Oil Announces Significant Discovery in Tweneboa-2 Oil and Gas-condensate Field

Tullow Oil announces that the Tweneboa-2 exploratory appraisal well, drilled some 6 km southeast of the Tweneboa-1 discovery, intersected a significant combined hydrocarbon column. Results of drilling, wireline logs and samples of reservoir fluids establish that Tweneboa is a major oil and gas-condensate field.
21/01/2010  More »

Lundin Petroleum Capital Expenditure Budget for 2010

Lundin Petroleum announces details of its USD 540 million development and exploration budget for 2010 which includes a 4 percent increase on the forecast 2009 capital expenditure.
20/01/2010  More »

Lundin Petroleum Awarded Seven New Licences in Norwegian Licensing Round

Lundin Petroleum AB's wholly owned subsidiary Lundin Norway AS awarded seven new exploration licence interests in the 2009 Norwegian Licensing Round, Awards in Predefined Areas. These include four licences which will be operated by Lundin Petroleum.
20/01/2010  More »

Statoil Awarded Exploration Licences on the Norwegian Continental Shelf

Statoil awarded shares in eight exploration licences on the Norwegian continental shelf. The company is operator on six of the licences. The Norwegian authorities' awards in predefined areas in 2009 (TFO2009) constitute the seventh round since the inception of such mature area awards in 2003.
19/01/2010  More »

Repsol Signs Exploration Agreement for New Block in Algeria

Repsol and its partners Enel and GdF-Suez sign exploration and exploitation contract for the Sud-Est Illizi gas field in Algeria with the Algerian National Agency for the Valorisation of Hydrocarbons Resources Alnaft and Sonatrach, the Algerian National Oil Company.
18/01/2010  More »

Lundin Petroleum: Exploration Well in PL476 Spudded, Offshore Norway

Lundin Petroleum AB announce that drilling of the exploration well 6507/11-10 on the Frusalen prospect has commenced. The well is located in licence PL476 in the Norwegian North Sea.
18/01/2010  More »

GDF SUEZ Reinforces Its Cooperation With Shell Egypt in Exploration & Production

GDF SUEZ sells a 20% participation in its Alam El Shawish concession to Shell Egypt, thus maintaining a 25% share. A major oil & gas company in Egypt, Shell already operates the gas pipeline close to this concession. Therefore, this deal and the partnership with Shell will allow the partners to accelerate the development of the Alam El Shawish gas discoveries.
14/01/2010  More »

TNK-BP Announce Expansion Plans

TNK-BP plans to expand its reserves base into the Samara and Saratov regions, where it holds licences for several new fields. Orenburgneft will receive $70 mln for exploration this year from its parent company - as much as TNK-BP plans to spend exploring Uvat in the southern region of Tyumen, which has been producing since February 2009.
14/01/2010  More »

Lundin Petroleum Successfully complete Luno Field Appraisal well on PL338, Offshore Norway

Lundin Petroleum AB (Lundin Petroleum) has successfully completed the drilling of the second appraisal well 16/1-13 on the Luno discovery located in Block 16/1, license PL338, on the North Sea sector of the Norwegian Continental Shelf (NCS).
13/01/2010  More »

ExxonMobil Farms-in to Petrobras - TPAO Agreement Offshore Black Sea

Exxon Mobil and Petrobras announced today that an ExxonMobil affiliate signed an agreement with a Petrobras affiliate and the Turkish National Oil Company to explore for hydrocarbons in the deepwater Black Sea offshore Turkey.
12/01/2010  More »

Dana Gas Announces New Oil Discovery in Egypt

Dana Gas announces the Al Baraka-4 well, drilled as an appraisal of the Al Baraka Field in the Komombo Concession in southern Egypt, has discovered a new pool in the Six Hills "E" reservoir
12/01/2010  More »

Apache Corporation - West Kalabsha Concession

Apache Corporation today reported that its WKAL-A-2X discovery tested 5,085 barrels of oil and 130 thousand cubic feet (Mcf) of gas per day - the fourth successful exploration test in West Kalabsha Concession and the company's sixth discovery in the Faghur Basin play in Egypt's far Western Desert near the Libyan border.
12/01/2010  More »

Talisman Energy Budgets $5.2 Billion in Capital Spending

Talisman Energy Inc. announces its capital spending plans for 2010. The company expects to increase spending this year, reflecting increases in shale drilling in North America and higher development spending in Southeast Asia and the North Sea.
11/01/2010  More »

Premier Oil Farm-in to Block 22/19c, UK North Sea

Premier reach agreement with Serica Energy that, subject to government approval, it will farm-in to a 50% equity interest and assume operatorship of Block 22/19c in the UK Central North Sea. Block 22/19c contains the Oates and Bowers Palaeocene prospects.
05/01/2010  More »

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