Exploration News

PA Resources Spuds Production Well on the Didon
Tunisia >> 7/19/2006 - PA Resources has spudded the 5th well on the Didon Field in Tunisia. The Didon-5 well will be a 600 m long horizontal oil producer on the main compartment. The drilling campaign of the re-development ...
New Oil Pool Discovery PEL 113, Cooper / Eromanga Basin, SA
Australia >> 7/10/2006 - Stuart Petroleum Limited is pleased to advise Revenue #1 has discovered a new oil pool in the McKinlay Formation. Wireline logs have been run and indicate approximately two metres of oil pay in the Mc...
CNOOC Ltd Made A New Discovery LD6-2
China >> 7/10/2006 - CNOOC Limited announced that its wildcat Luda (LD) 6-2-1 drilled independently in Bohai Bay hit a new discovery LD 6-2. LD 6-2-1 is located in the Liaodong Bay, with a water depth of about 30 meters. ...
E&D Contract for Khorramabad Block to be Signed Soon
Iran >> 7/6/2006 - Deputy director of exploration department of the National Iranian Oil Company noted that a contract for simultaneous exploration and development of khorramabad block will be signed with Norway’s Compa...
First Oil From Thar Jath Field in OVL Concession Block 5A
Sudan >> 7/4/2006 - White Nile (5B) Petroleum Operating Company (WNPOC) had its First Oil Celebration for Thar Jath Field, in Block 5A, Sudan. OVL holds a participation interest of 24.125% in the Block 5A. The estimated ...
PTTEP advances another leap in Oman, signing Exploration & Production Sharing Agreement for Block 58
Oman >> 6/29/2006 - Mr. Maroot Mrigadat, President of PTT Exploration and Production Plc (PTTEP) and Chairman of PTTEP Oman Company Limited (PTTEP OM) a subsidiary of PTTEP and Dr. Mohammed Bin Hamad Bin Saif Al Rumhy, M...
Romhi signs 7 oil pacts worth $340m
Oman >> 6/29/2006 - Dr Mohammed bin Hamad bin Saif Al Romhi, minister of oil and gas, yesterday signed seven Exploration & Production Sharing Agreements (EPSAs) worth around $340 million with various companies. The signi...
Niko Discovers Oil in the D6 Block
India >> 6/27/2006 - Niko Resources is pleased to announce their first deepwater oil discovery off the east coast of India in the prolific D6 block with the successful completion of the D6 - MA -1 well. The MA-1 well is t...
Circle Oil Signs Morocco Deal
Morocco >> 6/26/2006 - Circle Oil plc, the oil and gas exploration and development group, is today pleased to announce that Circle Oil Maroc Ltd (COML), its wholly owned subsidiary, has signed a Petroleum Agreement covering...
Chevron Announces First Oil Production from Lobito Field, Deepwater Block 14, Angola
Angola >> 6/26/2006 - Chevron Corporation announced today that its subsidiary Cabinda Gulf Oil Company Ltd. (CABGOC) commenced oil production from the Lobito Field, in deepwater Block 14, located offshore Angola. The Bengu...
Contract for SP phases 15, 16 to be signed today
Iran >> 6/25/2006 - The National Iranian Oil Company and the Khatam al-Anbiyah Reconstruction Headquarters are scheduled to sign a $2.098 billion contract on development projects for phases 15 and 16 of the South Pars (S...
Minor oil shows in the Alkhoon #1 well, Yemen Block 44
Yemen >> 6/23/2006 - The Yemen Block 44 exploration well Alkhoon #1 was spudded on 22 May, 2006. Total depth of the well, at 1506m, was reached on 15 June 2006. The well was drilled 200m into basement. The well tested a s...
Baraka to Progress Mauritanian Taoudeni Acreage
Mauritania >> 6/20/2006 - Baraka Petroleum Limited is pleased to confirm that the Ta11 & Ta12 Joint Venture in Mauritania is progressing to the next stage of evaluation. During this next stage the joint venture is acquiring an...
ExxonMobil Confirms Successful Bid in Indonesia Exploration Licensing Round
Indonesia >> 6/19/2006 - Exxon Mobil Corporation confirmed its subsidiary, Esso Exploration International Limited, was high bidder on Surumana block located in the Makassar Straits off the coast of Sulawesi in the latest Indo...
NIDC, OESC ink $171m oil exploration contracts
Iran >> 6/14/2006 - Two oil exploration contracts valued at $171 million were signed yesterday by the National Iranian Drilling Company (NIDC) and the Oil Exploration Services Company (OESC), a subsidiary of the National...
OMV starts exploration activities in Block 2 in Yemen
Yemen >> 6/13/2006 - OMV, Central Europe’s leading oil and gas group, announces the ratification of the Production Sharing Agreement for Block 2 (“Al Mabar”) by the Parliament of the Republic of Yemen. The President of Ye...
Bids on 12 oil blocks to be reintroduced by NIOC
Iran >> 6/12/2006 - Contracts to continue exploration of two oil blocks have already been signed and two more in Khorramabad and Garmsar have just received the go-ahead from the Economic Council, Oil Minister Kazem Vazir...
Gas Discovery at Lukah-1X Exploration Well
Indonesia >> 6/9/2006 - SPC is pleased to provide an update on the drilling of Lukah-1X exploration well ("Lukah-1X") in the Kakap Production Sharing Contract ("Kakap PSC"). Lukah-1X successfully tested natural gas and conde...
PTTEP and Ministry of Defence sign agreement to study petroleum potential in northern Thailand
Thailand >> 6/7/2006 - PTTEP and Ministry of Defence signed a Memorandum Of Understanding to study geological and geophysics data in northern Thailand. The study and evaluation of petroleum potential will be carried out in ...
Total Announces Oil Discovery in Dissoni Block
Cameroon >> 6/1/2006 - Total announces an oil discovery from the first exploration well drilled in the Dissoni Block in the offshore Rio del Rey basin in Cameroon. The government of Cameroon awarded the block to Total E& P ...

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