Maersk Oil expands its deep water exploration interests in the US Gulf of Mexico
2008.09.03 -
Field Development
Maersk Oil Gulf of Mexico Three LLC, a subsidiary of Maersk Oil America, has signed a collaborative exploration agreement for a multi-well package with Chevron U.S.A. Inc. (Chevron) in the central deep water US Gulf of Mexico. Under this agreement, a number of exploration wells over the next few years will be drilled in the area with the first four due to commence over the next six months. In addition to Chevron, it is expected that there will be other co-owners, varying from prospect to prospect. Maersk Oil’s working interest will be around 20%.
The assignment of lease interests to Maersk Oil under this agreement is subject to approval by the US Department of Interior’s Minerals Management Service (MMS).
After the US Gulf of Mexico Western Lease Sale held in August 2008, Maersk Oil and Hess Corporation expect to be awarded six exploration blocks where Maersk Oil will hold a 33% interest.
Maersk Oil already participates in joint ventures with Hess Corporation and ExxonMobil and currently holds interests in some 120 leases in the US Gulf of Mexico.
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.
