Doubling of Aldous volumes

The results of appraisal well 16/2-10 have increased production license PL265 estimates to between 900 million and 1.5 billion barrels of recoverable oil equivalent.

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Field Development

Maersk Oil expands its deep water exploration interests in the US Gulf of Mexico

2008.09.03 - Field Development -

Maersk Oil expands its deep water exploration interests in the US Gulf of Mexico

Maersk Oil has signed a collaborative exploration agreement for a multi-well package with 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. Full text

Searcher Seismic, Fugro and Gardline complete the Exmouth West Non-Exclusive 2D Seismic Survey

2008.08.30 - Field Development -

Searcher Seismic, Fugro and Gardline complete the Exmouth West Non-Exclusive 2D Seismic Survey

Searcher Seismic Pty Ltd with partners Fugro and Gardline has announced the completion of the Exmouth West Non-Exclusive 2D Seismic Survey. 4260km of 2D seismic data has been acquired over the frontier blocks W08-21 and W08-22 which were released by the Australian Government in the 2008 Offshore Petroleum Acreage Release. Full text

StatoilHydro plans for Gudrun, Trestakk, Valemon, Astero, Peon, Luva, Lavrans and Dagny fields

2008.08.27 - Field Development -

StatoilHydro plans for Gudrun, Trestakk, Valemon, Astero, Peon, Luva, Lavrans and Dagny fields

New field development projects are designed to add 300,000 barrels of oil equivalent per day in 2015. StatoilHydro is working on field development plans for, e.g. the Gudrun, Trestakk, Valemon, Astero, Peon, Luva, Lavrans and Dagny fields. Full text

StatoilHydro has made two new discoveries on the Norwegian continental shelf

2008.08.25 - Field Development -

StatoilHydro has made two new discoveries on the Norwegian continental shelf

StatoilHydro has made two new discoveries on the Norwegian continental shelf (NCS).The presence of a considerable oil column has been confirmed under the Dagny structure in the North Sea. Gas has been proven in the deep-water Snefrid South prospect near the Luva discovery in the Norwegian Sea. Full text

StatoilHydro makes gas discovery in the Barents Sea

2008.08.23 - Field Development -

StatoilHydro makes gas discovery in the Barents Sea

StatoilHydro Petroleum AS, as operator of exploration licence 394, has completed drilling of exploration well 7224/6-1 in the Barents Sea. In the primary exploration target, rocks of good reservoir quality were found in accordance with the prognoses. Full text

Australia’s Largest Non‐Exclusive Seismic 3D Reprocessing Project

2008.08.21 - Field Development -

Australia’s Largest Non‐Exclusive Seismic 3D Reprocessing Project

Searcher Seismic Pty Ltd today announced the largest non‐exclusive seismic 3D reprocessing project ever undertaken in Australia. The project is carried out in conjunction with Fugro whom is also processing the 3D data with state of the art processing techiques in their Perth centre.
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Chevron to develop Hebron heavy oil project offshore Canada

2008.08.20 - Field Development -

Chevron to develop Hebron heavy oil project offshore Canada

Chevron Corporation (NYSE:CVX) today announced that its wholly owned subsidiary, Chevron Canada Limited, and its co-venturers have finalized legal agreements with the government of Newfoundland and Labrador to develop the Hebron heavy oil project offshore the east coast of Canada. Full text

Nexen Blackbird discovery to be fast track subsea tie-back to Ettrick

2008.08.14 - Field Development -

Nexen Blackbird discovery to be fast track subsea tie-back to Ettrick

Nexen announces that it has made a discovery in the UK North Sea at Blackbird located on Block 20/2a, six kilometres south of our operated Ettrick field. The well has been suspended for use as a production well, while work progresses to fast track development as a subsea tie-back to the nearby Ettrick floating production, storage and offloading vessel. Full text

Jordbær field annonced a significant oil discovery

2008.08.11 - Field Development -

Jordbær field annonced a significant oil discovery

A significant oil discovery on the Jordbær prospect was today annonced by Revus Energy and BG group. The well has been tested with average oil rate of approximately 7 500 barrels per day. Jordbær discovery significantly increases the likelihood of additional discoveries in the area. Full text

Petrobras with another ultra deepwater discovery in Santos Basin

2008.08.08 - Field Development -

Petrobras with another ultra deepwater discovery in Santos Basin

The consortium formed by Petrobras (65% - Operator), the BG Group (25%), and Galp Energia (10%), to explore block BM-S-11, in ultradeep Santos Basin waters, proved the existence of yet another light oil field, with specific gravity around 30o API, in the pre-salt reservoirs. Full text

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