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NZOG upping stake in New Zealand's Kaheru Block (5/25/2012) New Zealand Oil & Gas has entered into added agreements regarding the Kaheru Permit in the Taranaki Basin... Porto wins Portugal's Zambujal and Peniche Blocks (5/25/2012) Porto Energy has secured two new concessions onshore Portugal encompassing 411,000 acres... Chesapeake selling half-million Colorado DJ Basin acres (5/25/2012) Chesapeake Energy has determined to sell 500,000 net leasehold acres held in Colorado's Denver-Julesberg Basin... Tullow sees oil & gas in Kenya onshore well (5/25/2012) Tullow Oil has reported its Ngamia-1 exploration well onshore Kenya in has encountered oil and gas shows... BHP wins extension to Philippine license (5/25/2012) BHP Billiton has received a 12-month extension to its current exploration permit offshore the Philippines... Exoma suspends Queensland Galilee Basin well (5/25/2012) Exoma Energy has drilled its Alma-1 exploration corewell to total depth and has completed and suspended... US working rotary rigs down by 3 this week (5/25/2012) Baker Hughes has reported the total number of rotary rigs working in the United States fell by three this week... Petro Matad confirms thick oil shale in Mongolia block (5/25/2012) Petro Matad has drilled two shallow coreholes were drilled on the Khoid Ulaan Bulag oil shale occurrence... American Eagle puts Spyglass Three Forks well onstream (5/25/2012) American Eagle Energy has put its operated Christianson 15-12-163-101 well on production in North Dakota... CNOOC finds new oilfield in Bohai Bay (5/25/2012) The CNOOC Limited operating unit of China National Offshore Oil Corporation has made a new discovery... Oilex quits Cambay-76H problem well in Gujarat (5/25/2012) Oilex has suspended operations on its halted well onshore Gujarat, India, which suffered a well integrity problem... Gulf Keystone drilling Kurd Iraq Sheikh Adi-2 test (5/25/2012) Gulf Keystone has spudded the Sheikh Adi-2 exploration well on the Sheikh Adi Block in the Kurdistan Region of Iraq... Faroe kicks off Norwegian North Sea exploration well (5/25/2012) Faroe Petroleum has commenced drilling operations on its Clapton Prospect east of the Eldfisk East Field... Kea taps down 1 NZ Taranaki well, completing another (5/25/2012) Kea Petroleum has concluded drilling operations on its Douglas-1 exploration well onshore New Zealand... Discoveries increase resources in Campos Basin block (5/25/2012) Statoil has advised that the reserves in the Repsol-Sinopec-operated pre-salt block off Brazil in the Campos Basin... Total extends Pacific Scirocco contract off Nigeria (5/25/2012) Pacific International Drilling has received notice from Total Nigeria exercising its option on the drillship... Fred.Olsen scores $700 million ultra-deep semi order (5/25/2012) A subsidiary of Fred. Olsen Energy has entered into a turnkey contract with Hyundai Heavy Industries... Lakes drilling wildcat in Australia's Gippsland Basin (5/23/2012) Lakes Oil has spudded a wildcat exploration well in Victoria as the second funded well in Armour Energy's farm-in... Anadarko's ultra deep US Gulf Spartacus fizzles (5/23/2012) Anadarko Petroleum's exploration well on the Spartacus Prospect has failed to find significant hydrocarbons... Recon granted CNPC contract for Turkmen Yolotan Field (5/23/2012) Recon Technology's Nanjing Recon Technology has been contracted by China National Petroleum Corporation... Transocean Marianas going to Namibia for HRT (5/23/2012) HRT Participacoes em Petroleo has agreed to lease the semisubmersible drilling rig Transocean Marianas... McDermott wins Pemex's Aytsil-B drilling platform contract (5/23/2012) McDermott International has been awarded a contract for the new Ayatsil-B drilling platform by Petroleos Mexicanos... UK 27th Licensing Round garners record applications (5/23/2012) The UK Department of Energy & Climate Change reported its latest North Sea licensing round has broken all records... CCE taps into pay in Colombia's Suroriente Block (5/23/2012) Consorcio Colombia Energy has encountered 19 ft of very high quality oil pay approximately a km northeast... Encana Tuscaloosa Marine shale well completed (5/23/2012) Encana has drilled and completed its production well in Amite County, Mississippi's Tuscaloosa Marine Shale... Kitaro well comes through for Petroamerica & Parex (5/23/2012) Petroamerica Oil and farm-in partner Parex Energy have reached targeted depth in their Colombia Llanos Basin well... International drilling on Russia's Yuzhno-Sardakovskoye Field (5/23/2012) International Petroleum has begun drilling operations at its Khanty-Mansiysk field to increase proven reserves... LG reaches TD in Kazakh Galaz test well (5/23/2012) Roxi Petroleum has reported that operator LG International has reached total depth in its Northwest Konys-7... ADX farms out onshore Romania license to RAG (5/23/2012) ADX Energy has farmed out to Rohoel Aufsuchungs Gesellschaft a 50% stake in a Pannonian Basin block... Pemex picks Technip for Campeche Bay subsea project (5/23/2012) Technip has been selected by Petroleos Mexicanos to provide rigid pipelines for two Mexican subsea projects... Black Strata drilling Shields-MEI horizontal in Texas (5/23/2012) Black Strata, contracted by MontCrest Energy as operator has commenced drilling operations in Coleman County... Statoil awards contracts for 3 light well intervention vessels (5/23/2012) Statoil charters three light well intervention vessels to increase recovery from 500 operated subsea wells... New MC 3D wide azimuth survey in US Gulf of Mexico (5/23/2012) TGS Nopec Geophysical has commenced acquisition of a 3,500 sq km 3D multi-client wide azimuth survey... Seadrill West Callisto drilling off Myanmar (5/22/2012) Total has commenced drilling operations with the Seadrill jackup drilling rig West Callisto on the Yadana Field... DNO trying to unblock offshore Oman pipeline (5/22/2012) DNO International has advised it is working to restore the blocked production flow from fields off Oman... Wintershall awarded Argentina's Ranquil Norte Block (5/22/2012) The Wintershall operating unit in Argentina has been granted a new exploration permit in Mendoza Province... Petrofac scores $220 million Malaysia platform do-over (5/22/2012) Petrofac Facilities Management Asia-Pacific has been awarded a US$220 million contract by Petronas Carigali... Partners in India's D4 Block relinquishing interest (5/22/2012) Niko Resources has reported it and partners in India's deepwater Mahanadi Basin D4 Block are withdrawing... Statoil sets subsea gas compression for Gullfaks South (5/22/2012) Statoil and partner Petoro have agreed to apply subsea gas compression on the North Sea's Gullfaks South Field... Nemaha Ridge JV ups Oklahoma Mississippian acreage (5/22/2012) Osage Exploration & Development has reported that the Nemaha Ridge Joint Venture has increased its acreage... Icon drilling 2nd well Surat Basin well in Queensland (5/22/2012) Icon Energy has spudded its second farm-in exploration well in Queensland, Australia's Surat Basin... Texon sees pay in Leighton Olmos well in Texas (5/22/2012) Texon Petroleum has reached total depth at 9,200 ft in its Wheeler-1 exploration well in South Texas... Norway pioneering expedition in the Arctic Ocean (5/22/2012) This summer, a hovercraft will embark upon a research voyage in the first and northernmost polar expedition... Wintershall flows Maria appraisal offshore Norway (5/22/2012) The Norwegian Petroleum Directorate has reported Wintershall Norge is in the process of completing its appraisal... Wartsila Hamworthy wins contracts for 8 Brazil FPSOs (5/22/2012) Wartsila Hamworthy has been contracted by Brazilian shipyard Ecovix-Engevix Construcoes Oceanicas to deliver... HRT finds sub-par reserves in Brazil Solimoes Basin well (5/22/2012) The HRT O&G subsidiary of HRT Participacoes em Petroleo has completed its drillstem test on well 1-HRT-6-AM... Ithaca ups stake in UK North Sea Carna discovery (5/22/2012) Ithaca Energy has concluded its acquisition of additional interest in the UK Southern Gas Basin Carna discovery... Santos drilling Queensland's Cuisinier-4 (5/22/2012) Senex Energy has been advised by Santos, operator of ATP752P in Queensland, that it has begun drilling... Beach puts Bauer Field on production (5/22/2012) Drillsearch Energy has advised that operator Beach Energy has begun oil production at South Australia's Bauer Field... Statoil awards $5.05 billion in drilling contracts (5/22/2012) Statoil has awarded contracts for drilling services on as many as 18 fixed installations on the Norwegian Shelf... TGS kicks off Northern North Sea More Basin MC 2D (5/22/2012) TGS Nopec Geophysical has commenced acquisition of a 3D multi-client Northern North Sea 4,000 sq km survey... For more headlines check each department in Site Navigation. From the Editor LNG to change the world Dev George Managing Editor Australia's Energy and Resources Minister Martin Ferguson gave attendees at this past week's Australian Petroleum Production & Exploration Association (APPEA) conference in Adelaide reason to pause and consider the petroleum industry's future. Of course, it is his job to tout Australia's prospects, and he did so, but while making the case for his country's prominent position in the petroleum industry, he also indirectly set out some very important milestones for the next two decades or so that may well change the industry and the world at large...Continue Click here for prior editorials. Oil/Gas Prices & Analysis Prices settle mixed on lack of accord with Iran (5/24/2012) Trade at the New York Mercantile Exchange (Nymex) and the Intercontinental Exchange (ICE) in London took divergent directions today with key crudes among our monitored benchmarks rising in response to the failure of negotiators to reach an accord with Iran over its nuclear program, while the second tier benchmarks fell further...Go to latest O&G prices/analysis Feedback Click here to email your comments and suggestions on this site and any of its articles. Click here to read feedback comments. What's New New Book Review: Managed Pressure Drilling by Dr Wilson C. Chin About This Site | Contributer's Guide | Newsfeed Services | 2012 Advertising Info | Contact Us ©Copyright 2001-2012, Oil and Gas International, all rights reserved. ISSN: 155-7440. 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