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

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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Field Development

Cayley gas well success in the North Sea for Talisman and Marubeni

2008.03.05 - Field Development -

Cayley gas well success in the North Sea for Talisman and Marubeni

Marubeni North Sea Ltd. (a wholly owned subsidiary of Marubeni Corporation) has successfully completed appraisal drilling on the Cayley condensate gas discovery, located in the UK Central North Sea with their partner, Talisman Energy (UK) Ltd. (operator, a wholly owned subsidiary of Talisman Energy Inc., one of the largest Canadian upstream company). Full text

Niko move into Pakistan Arabian Sea offshore development deal

2008.03.03 - Field Development -

Niko move into Pakistan Arabian Sea offshore development deal

Niko Resources Ltd. (TSX:NKO) today announced that the company has signed four (4) Offshore Production Sharing Agreements (PSA's) with the President of the Islamic Republic of Pakistan and Government Holdings (PVT) Limited, through the Secretariat of the Ministry of Petroleum and Natural Resources. Full text

Stetind partners optimistic prior to Transocean drilling

2008.03.02 - Field Development -

Stetind partners optimistic prior to Transocean drilling

Aker Exploration is optimistic on the coming Stetind well to be drilled by Transocean Leader starting in March. Expectations are to find gas in the well, but oil find can not be ruled out. Full text

Tristan well proved successful for Granby

2008.02.29 - Field Development -

Tristan well proved successful for Granby

Granby Oil and Gas plc (LSE:GOIL), the oil and gas exploration and production company with interests in the UK North Sea and onshore Europe, is pleased to announce that the Granby operated Tristan NW production well in the UK Southern North Sea has been successfully drilled and tested, and that the Ensco 80 rig is preparing to move off location.
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Total back to Gabon Anguille Field to Redevelopment

2008.02.29 - Field Development -

Total back to Gabon Anguille Field to Redevelopment

Production is expected to increase from 2008, peaking at over 30,000 barrels per day in 2013-2014. The development cost is an estimated 2 billion dollars for additional proved and probable reserves of around 150 million barrels. As well, operating costs will be reduced by refocusing operations onshore. Full text

Usan Field development offshore Nigeria approved

2008.02.28 - Field Development -

Usan Field development offshore Nigeria approved

Nexen announced today that development of the Usan field, offshore Nigeria has received all necessary approvals to proceed. The Usan field was discovered in 2002 and is located approximately 100 kilometers offshore in water depths ranging from 750 to 850 meters. Full text

ONGC claims three onshore and one offshore discovery

2008.02.25 - Field Development -

ONGC claims three onshore and one offshore discovery

ONGC announced, after its Board meeting held on 25th February 2008, that it has notified to DGH four discoveries of Crude Oil and Natural Gas since the last Board meeting on 21st January 2008. Three of the discoveries are onland and the fourth in Offshore Full text

Brage well with 17k barrels per day during testing

2008.02.25 - Field Development -

Brage well with 17k barrels per day during testing

Norwegian Energy Company ASA, The operator StatoilHydro has successfully completed a well on the North flank of the Brage field in Norway. The well was has been tested at stable rates of more than 17 000 barrels per day. This represents more than 2 100 barrels per day net to Noreco. Full text

New Grane oil discovery

2008.02.20 - Field Development -

New Grane oil discovery

An oil discovery has been made by StatoilHydro due south-west of the Grane field in the North Sea. The size of the find is estimated to be in the order of 20 – 30 million recoverable barrels of oil. Full text

UK 25th Offshore Oil and Gas Licensing Round kicks off

2008.02.20 - Field Development -

UK 25th Offshore Oil and Gas Licensing Round kicks off

A record breaking 2,297 blocks or part blocks in UK waters are on offer for exploration in the 25th Offshore Oil and Gas Licensing Round announced today by Secretary of State for Energy John Hutton. Full text

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