Reliance Industries and BP plan to invest US$5 billion in deepwater gas development of the KG D6 block over the next three to five years. The plan proposed will develop about 4tcf of discovered natural gas reserves. The partners plan to optimize KG D6 through compression and water handling…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Andrew McBarnet points to the signs that indicate previous enthusiasm for gas hydrate research in the US may be running out of steam. The announcement last month of significant progress in a key gas hydrates research project offshore…
Wintershall Norge hit gas and condensate at its Norwegian Sea wildcat 6407/16 S. The well discovered waterbearing reservoirs with gross vertical thickness of 118 and 123m, respectively, in the Garn and Ile formations. Gas and condensate were…
The US Bureau of Ocean Energy Management and US Department of the Interior announced that Central Gulf of Mexico Lease Sale 227 will offer 28.6 million acres off Louisiana, Mississippi, and Alabama. The sale will take place this month in New Orleans…
Statoil and co-venturer ExxonMobil are pleased to announce their third high impact discovery in Block 2 offshore Tanzania in a year.The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF…
BG Group today announced it had completed its appraisal programme in the Jodari field of Block 1 offshore Tanzania, with a drill stem test on the original natural gas discovery well confirming the excellent quality of the Tertiary reservoirThe drill stem test on the Jodari-1 well…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
Well control operations at Apache's Main Pass 295 in the Gulf of Mexico concluded on 28 February 2013, the company announced.Apache planned to move Rowan's Cecil Provine drilling rig to Main Pass 295 for a possible relief well (Image: Rowan)Apache…
PGS' Ramform Challenger gathers a Falkland surveyThe PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s (B&S) 3D seismic program off the Falkland Islands in the South Atlantic Ocean. Located about 140…
Italy's ENI announced another new gas discovery in the Mamba Complex offshore Mozambique. The firm said the discovery, made at the Coral 3 delineation well, confirmed the potential of the Mamba Complex in Area 4 at 75 trillion cubic feet (tcf) of gas in place…
Apache shifts Cecil Provine rig to location Apache to move Rowan's Cecil Provine drilling rig to location for possible relief well (Image: Rowan)Apache evacuated 15 workers after experiencing a kick from an abnormally pressured gas zone…
BP & RIL plan US$5 billion investment on KGD6KG D6 onshore facilities (Image: Niko Resources Ltd.)Reliance Industries Ltd. (RIL) and KG D6 block partner BP plan to invest US$5 billion in the deepwater gas development over the next three to five years…
As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…
BC Petroleum (a ROC, Dialog Group and Petronas venture) discovered 87m of hydrocarbon pay in multiple zones of the Balai-2 well off east Malaysia. Drilled to 2266m TD, Balai-2 targeted a shallow carbonate reservoir and a deeper series of stacked sandstone reservoirs…