Anadarko announced the Badik discovery, located in the Tarakan Basin of Indonesia, encountered approximately 133 net feet of oil and natural gas pay. The well was drilled to a total depth of approximately 12,950 feet in approximately 230 feet of water. The company and its partners are currently eval
Lundin Petroleum AB (Lundin Petroleum) recently announced that drilling of exploration well 3/8-1 on the Barchan prospect has commenced. The well is located in licence PL400 in the Norwegian North Sea. PL400 is located some 12 km east of the Trym Discovery in the Southern North Sea, close to the bou
Fugro Multi Client Services has started the NL-DEF-3d multi-client survey in the Netherlands. This major multi-client 3D survey, is designed to provide modern 3D long offset seismic data to boost exploration in the Dutch D, E and F blocks of the North Sea. The survey is covering over 6,000 sq.km ext
BP’s third-quarter replacement cost profit was $1,847 million, compared with $4,981 million a year ago. For the nine months, replacement cost loss was $9,528 million compared with a profit of $10,508 million a year ago. * The group income statement for the third quarter and nine months reflects a pr
Desire Petroleum plc , the oil and gas company wholly focussed on the North Falkland Basin, provides a further update on the 14/15-1Z sidetrack well on the Rachel prospect. Clean out of the sidetrack has not proved possible due to mechanical failure of the wellbore and it will therefore not be possi
Statoil was awarded one licence which covers parts of blocks 8/15 and 9/11D, close to the Statoil-operated Mariner heavy oil discovery, and two licences near the Faroe border. “We are very pleased to secure this new Statoil operated acreage in the UK,” says senior vice president for global explorati
RAK Petroleum Public Company Limited has chartered the first Topaz Wave Piercer for use in the Gulf, the Company announced today. Designed by Incat Holdings Limited of Australia and built by Topaz Marine based in Dubai, the long-term charter vessel will be used for production crews commuting to and
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces success in the UKCS 26th Seaward Production License Round, expanding the Company’s portfol
Peter Immerz is the new General Manager of RWE Dea in Turkmenistan. Immerz takes over from Heiko Oppermann, who until now held the position of General Manager of RWE Dea AG, Turkmenistan Branch. “As the scale of our operations in Turkmenistan increases, it makes sense to expand our permanent presenc
The Ichthys Project (INPEX Browse, Ltd. 76%, Operator, and Total E&P Australia 24%) today released the Invitation to Tender (ITT) for the semi-submersible Central Processing Facility (CPF) to be located at the Ichthys Gas Field (WA-37-R) in the Timor Sea, approximately 200 kilometres off the northwe
Desire Petroleum plc , the oil and gas company wholly focussed on the North Falkland Basin, wishes to provide an operational update on the 14/15-1Z sidetrack well on the Rachel prospect. Due to wellbore stability issues through the deviated section of the wellbore (forty degree hole inclination) it
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has updated its most likely reserve estimate today for the Hibernia Field. Last updated in 2006 at 1244 million barrels of oil, the reserve for the entire Hibernia Field is now estimated by the C-NLOPB to be 1395 million barrels
Ensco plc announces that a subsidiary of the Company has reached an agreement with Nexen Petroleum U.S.A. Inc., a subsidiary of Nexen Inc. , regarding the drilling contract for ENSCO 8502, an ultra-deepwater semisubmersible drilling rig in the U.S. Gulf of Mexico. Under the agreement, a special rate
BG Group announced the appointment of Caio Koch-Weser as a Non-Executive Director with effect from 1 November 2010. Commenting on the appointment, BG Group’s Chairman Sir Robert Wilson said: “We are delighted to announce this appointment. Caio’s wealth of experience in government affairs, internatio
