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Oil & Gas Exploration and Production

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Lundin Petroleum says to plug and abandon Malaysia well

Monday, 25 Jan 2016 02:26am EST

Lundin Petroleum AB:Says Bambazon well offshore East Malaysia encountered about 15 metres of net logged reservoir pay with oil shows over three main reservoir intervals.Well has been plugged and abandoned and will be expensed in Q1 2016.Lundin Malaysia holds 85 percent working interest in SB 307/308, partners are PETRONAS Carigali Sdn Bhd with a 15 percent working interest​.

Egdon Resources plc says commencement of Drilling Operations

Monday, 18 Jan 2016 02:00am EST

Egdon Resources plc:Says the commencement of drilling operations on the Keddington-5 conventional sidetrack development well in UK Onshore Licence PED005R located in Lincolnshire.The intent is to increase production and profitability from the field.Operations are expected to complete in early February.

Union Jack Oil plc says commencement of Drilling Operations

Monday, 18 Jan 2016 02:00am EST

Union Jack Oil plc:That drilling operations have commenced in respect of the Keddington-5 conventional sidetrack development well.The well is located in PEDL005(R) incorporating the producing Keddington oilfield, the Louth prospect and the North Somercotes prospect.

Lundin Petroleum AB completes exploration well offshore Malaysia​

Friday, 8 Jan 2016 02:44am EST

Lundin Petroleum AB:Lundin Malaysia BV has completed the Imbok-1 exploration well in Block SB307/308, offshore East Malaysia.Well encountered minor oil shows and was plugged and abandoned.

Lundin Petroleum hits dry well in Norwegian Arctic-Reuters

Wednesday, 30 Dec 2015 02:54am EST

Lundin Petroleum AB:Has hit a dry well in the Norwegian Arctic-Reuters.Lundin Petroleum has a 40-percent stake in the license, called PL708.

Lundin Petroleum says exploration well in North Sea estimates 2-7 mln sm3 of recoverable oil

Wednesday, 23 Dec 2015 02:45am EST

Norwegian Petroleum Directorate:Lundin Norway As, Operator Of Production Licence 338 C, Has Completed Drilling Of Exploration Well 16/1-25 S ​.Norwegian petroleum directorate says ‍preliminary estimates place size of discovery between two and seven million sm3 of recoverable oil (12.6 mln - 44.0 mln barrels of oil).The licensees will assess the discovery with a view towards a tie-in to the Edvard Grieg field.The well was drilled about six kilometres south of the Edvard Grieg field in the central part of the North Sea, about three kilometres south of the 16/1-12 discovery, 190 km west of Stavanger.Lundin Norway AS owns 50 percent of license, Lime Petroleum Norway AS 30 percent and OMV (Norge) AS 20 percent.BACKGROUND.The discovery was proven in basement rocks in 2009. After drilling the discovery well, the operator's resource estimate for the discovery was between three and eight million standard cubic metres (Sm3) of recoverable oil.

Lundin Petroleum makes small Norway oil discovery, sees upside

Tuesday, 22 Dec 2015 02:49am EST

Lundin Petroleum AB:Oil discovery in the Rolvsnes prospect, offshore Norway.Says ‍gross contingent resource range for Rolvsnes, based on natural depletion drive, including Edvard Grieg south discovery is estimated to be between 3 and 16 million barrels of oil equivalents.Pressure data and oil type indicate that the petroleum system is in communication with the Edvard Grieg South discovery which was made by Lundin Norway in 2009.Further studies will be required to incorporate all the findings and establish future planning, such as the potential drilling of an extended reach well from the Edvard Grieg platform with an associated long-term production test.There remains significant resource upside including potential to find a more extensive fracture network and secondary recovery potential.Including this prospective upside potential the total gross resource estimate is between 10 and 46 MMboe​.

INPEX Makes Further Discovery of Oil Accumulations in Espírito Santo Basin, Brazil

Wednesday, 16 Dec 2015 01:00am EST

INPEX CORP:Says has discovered oilbearing sandstone layers amounting to a cumulative thickness of approximately 70m at a depth of about 4,850m through appraisal drilling in the BM-ES-23 concession in the Espírito Santo Basin offshore Brazil.Says the concession lies 115 km off the coast of the State of Espírito Santo in southeastern Brazil, where water depth ranges from 1,800m to 2,000m.Through INPEX Petróleo Santos Ltda., a subsidiary, INPEX owns a 15 pct participating interest in the concession, where INPEX has engaged in exploration activities alongside partners Petrobras (operator) and PTTEP, which own 65 pct and 20 pct participating interests, respectively.

Eden Energy receives approval from GDOT for use of EdenCrete

Wednesday, 9 Dec 2015 07:51pm EST

Eden Energy Ltd:Eden receives formal approval from GDOT for use of edencrete in GDOT 24 hour accelerated concrete applications and class b concrete applications.GDOT has advised that this does not obligate gdot to use or specify the use of edencrete.

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