Posts Tagged ‘field’

Leni Gas & Oil provide production update on Goudron

by Forex Rooton November 22, 2012 2:01 am BST
Leni Gas & Oil  provide production update on GoudronLeni Gas & Oil  today announces that the company has just been advised from Trinidad that production at the Gourdon field has for the first time since the company operations commenced in mid October achieved over 100 bopd.  This is the first of

Apache reports horizontal drilling successes in Canada's Kaybob Dunvegan play

by on November 20, 2012 10:17 pm BST
Apache reports horizontal drilling successes in Canada's Kaybob Dunvegan playBY ALISON SIDERApache announced that its results using hydraulic fracturing to recover oil from a 40 year old field northwest of Calgary were promising and it has plans to continue developing the field.The company reported that two of its development wells

Memorial to buy offshore California blocks

by on November 20, 2012 7:28 am BST
Under the agreement, Texas-based Memorial will pay a purchase price of $271 million for the blocks, including $3 million of working capital and other adjustments.Known as the Beta properties, the acquisition comprises a 51.75% operating interest in three Pacific Outer Continental Shelf blocks covering the Beta field, located

BP pegs Trinidad gas field at 2 tcf

by on November 19, 2012 6:26 pm BST
The supermajor's local unit said the Savonette-4 appraisal well found two gas-bearing reservoir intervals, lifting estimates of gas in place to 2 trillion cubic feet from 1 tcf.It is currently flowing at 225 million standard cubic feet of gas per day, ramping up to 250mmscf/d, the company said.The well