Hess strike natural gas at Nimblefoot well offshore Australia
2008.09.05 -
Field Development
Hess Corporation (NYSE: HES) announced today that the Nimblefoot-1 exploration well on Australia's Northwest Shelf discovered natural gas. The well encountered 93 feet (28 meters) of net gas pay.
Nimblefoot-1 is the third of four initial exploration wells being drilled on the WA-390-P Permit by Hess in 2008. The previous wells, Glencoe-1 and Briseis-1, were announced as discoveries on June 10, 2008 and July 20, 2008, respectively.
"The results of this well support our view of the potential of the WA-390-P Permit and will contribute important data as we continue to refine our geological model of the area," said John O'Connor, Hess President of Exploration and Production.
Nimblefoot-1 was drilled in 3,658 feet (1,115 meters) of water by the semi-submersible rig, Jack Bates. Following the completion of the Nimblefoot-1 well, the Jack Bates rig will move 27 kilometers southeast to drill the Warrior prospect.
Hess holds a 100 percent interest in the 780,000 acre WA-390-P Permit.
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
