Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BHP Billiton believes Australia’s next big oil find - if there is one - could be hiding beneath the waters of the Beagle sub-basin off the coast of northwest Western Australia, where BHP has identified four leads, or prospects, in the sub-basin that each have the 'potential of over 400 million barrels recoverable'.
Thursday 10 September 2015
Australia: Holloman Energy to drill Baikal-1 well in PEL 444 before end 2015
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Holloman Energy has announced that drilling on PEL 444 is scheduled to commence before the end of 2015. The Company will drill the 'Baikal 1' prospect as the final commitment well under the second five year license term.
Holloman Energy has announced that drilling on PEL 444 is scheduled to commence before the end of 2015. The Company will drill the 'Baikal 1' prospect as the final commitment well under the second five year license term.
Indonesia: Cooper Energy completes Bunian-4 appraisal well in South Sumatra
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has completed operations at Bunian-4 in the Tangai-Sukananti KSO, South Sumatra, Indonesia. The drilling rig has been released having cased and completed the well for production.
Cooper Energy has completed operations at Bunian-4 in the Tangai-Sukananti KSO, South Sumatra, Indonesia. The drilling rig has been released having cased and completed the well for production.
Wednesday 9 September 2015
Armour Energy recommends shareholders reject takeover offer from China's Landbridge Group
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Directors of Armour Energy have provided an update on their consideration of the unsolicited, hostile and conditional takeover bid lodged by Westside Corporation (a subsidiary of China's Landbridge Group) of 12 cents per Armour share.
The Directors of Armour Energy have provided an update on their consideration of the unsolicited, hostile and conditional takeover bid lodged by Westside Corporation (a subsidiary of China's Landbridge Group) of 12 cents per Armour share.
Tuesday 8 September 2015
Australia: Buru Energy spuds Victory-1 well on the highly prospective Ungani trend
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has advised that its 2015 exploration program on the Ungani trend in WA’s Canning Basin has continued with the spudding of the Victory-1 conventional well, located in exploration permit EP 457.
Buru Energy has advised that its 2015 exploration program on the Ungani trend in WA’s Canning Basin has continued with the spudding of the Victory-1 conventional well, located in exploration permit EP 457.
Indonesia officially asks OPEC to reactivate its membership
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries to reactivate its full membership in the Organization.
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries to reactivate its full membership in the Organization.
Malaysia: Technip wins flexible pipe contract in offshore East Malaysia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali (PCSB) for the D18 Project, offshore Sarawak, Malaysia.
Technip has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali (PCSB) for the D18 Project, offshore Sarawak, Malaysia.
Australia: AWE reports BassGas production exceeds 60 TJ/d as Yolla-5 comes on line
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, a 35% joint venture partner in the BassGas project, advises that the Yolla-5 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.
AWE Limited, a 35% joint venture partner in the BassGas project, advises that the Yolla-5 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.
Monday 7 September 2015
Australia: Falcon Oil & Gas provides update on Beetaloo Basin drilling programme - spuds Amungee-1
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Falcon Oil & Gas has announced the spudding of the Amungee NW-1 well in the Beetaloo Basin, Australia. Amungee NW-1 is the second of Falcon's fully carried 2015 three well drilling and evaluation programme, the initial phase of a nine well drilling and evaluation programme.
Falcon Oil & Gas has announced the spudding of the Amungee NW-1 well in the Beetaloo Basin, Australia. Amungee NW-1 is the second of Falcon's fully carried 2015 three well drilling and evaluation programme, the initial phase of a nine well drilling and evaluation programme.
Sunday 6 September 2015
Myanmar: Polarcus awarded broadband 3D project in Myanmar
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Polarcus has received a Letter of Award ('LOA') from Shell Myanmar Energy for a 3D marine seismic project offshore Myanmar.
Polarcus has received a Letter of Award ('LOA') from Shell Myanmar Energy for a 3D marine seismic project offshore Myanmar.
Indonesia: Ramba Energy to farm out Lemang PSC in Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Ramba Energy has entered into a memorandum of understanding with a strategic investor to farm-out a 25% working interest in the Lemang production sharing contract. Under the terms of the MoU, the aggregate consideration for the Proposed Transaction is up to US$128,250,000.
Ramba Energy has entered into a memorandum of understanding with a strategic investor to farm-out a 25% working interest in the Lemang production sharing contract. Under the terms of the MoU, the aggregate consideration for the Proposed Transaction is up to US$128,250,000.
Vietnam: Rosneft and Japan Drilling Co sign agreement for drilling exploration wells offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Rosneft and Japan Drilling Co have signed an agreement for the drilling of two exploration wells in Rosneft Blocks 06.1 and 05-3/11 in the Nam Con Son basin offshore Vietnam in 2016.
Rosneft and Japan Drilling Co have signed an agreement for the drilling of two exploration wells in Rosneft Blocks 06.1 and 05-3/11 in the Nam Con Son basin offshore Vietnam in 2016.
Thursday 3 September 2015
Indonesia to tender 21 oil and gas blocks in 2016
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia will tender a total of 21 oil and gas blocks in the country next year as part of efforts to boost output and secure future energy supply. The blocks to be offered up for open tender include existing oil and gas fields, shale gas blocks and coal bed methane (CBM) blocks.
Indonesia will tender a total of 21 oil and gas blocks in the country next year as part of efforts to boost output and secure future energy supply. The blocks to be offered up for open tender include existing oil and gas fields, shale gas blocks and coal bed methane (CBM) blocks.
Indian government to change oil and gas exploration rules - offers small fields
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill. To begin with, New Delhi has decided to auction 69 small, marginal oil and gas fields to private firms on a revenue-sharing model.
India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill. To begin with, New Delhi has decided to auction 69 small, marginal oil and gas fields to private firms on a revenue-sharing model.
Indonesia: INPEX submits revised plan of development for the Abadi LNG Project in the Masela Block, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
INPEX has submitted a revised plan of development for the Abadi gas field in the Masela Block, Arafura Sea, Indonesia (Abadi LNG Project), as a result of a greater volume of natural gas reserves being confirmed, among other factors.
INPEX has submitted a revised plan of development for the Abadi gas field in the Masela Block, Arafura Sea, Indonesia (Abadi LNG Project), as a result of a greater volume of natural gas reserves being confirmed, among other factors.
Wednesday 2 September 2015
Australia: Pilot Energy farms into Empire Oil & Gas Perth Basin permits EP416 and EP480
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Pilot Energy has announced that the Company has executed an agreement with Empire Oil & Gas to farmin to Empire’s EP416 and EP480 exploration permits, situated within the Perth Basin.
Pilot Energy has announced that the Company has executed an agreement with Empire Oil & Gas to farmin to Empire’s EP416 and EP480 exploration permits, situated within the Perth Basin.
New Zealand: Mosman Oil and Gas signs SPA to acquire NZ producing oil and gas assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AIM-listed Mosman Oil and Gas has executed a conditional sale and purchase agreement ('SPA') to acquire onshore NZ producing oil and gas assets for NZ$10 million (approx. £4.2 million).
AIM-listed Mosman Oil and Gas has executed a conditional sale and purchase agreement ('SPA') to acquire onshore NZ producing oil and gas assets for NZ$10 million (approx. £4.2 million).
Australia: Polarcus awarded broadband 3D project in Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Polarcus has signed a contract with an undisclosed client for a 3D marine seismic project in Australia utilizing Polarcus' XArray(TM) technique for broadband high cross line density data acquisition.
Polarcus has signed a contract with an undisclosed client for a 3D marine seismic project in Australia utilizing Polarcus' XArray(TM) technique for broadband high cross line density data acquisition.
Tuesday 1 September 2015
Philippines: Malampaya Depletion Compression Platform installation complete
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Arup has announced that installation is complete for the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea. Arup helped deliver the new platform that will ensure a steady supply of natural gas to the Philippines.
Arup has announced that installation is complete for the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea. Arup helped deliver the new platform that will ensure a steady supply of natural gas to the Philippines.
Australia: 3D Oil provides update on timing of the Hibiscus Petroleum-operated Sea Lion-1 well in VIC/P57
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner 3D Oil has advised that Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus, is expected to spud the Sea Lion-1 exploration well in mid-September, subject to weather conditions causing delays to the handover of the rig from the current operator.
JV partner 3D Oil has advised that Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus, is expected to spud the Sea Lion-1 exploration well in mid-September, subject to weather conditions causing delays to the handover of the rig from the current operator.
Thailand: BG puts its Thai gas field stake worth $1.2 billion on sale
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG Group, which is being acquired by Royal Dutch Shell, has put up for sale its 22.2 percent stake in the huge Thai Bongkot offshore gas field valued at around $1.2 billion, according to sources.
BG Group, which is being acquired by Royal Dutch Shell, has put up for sale its 22.2 percent stake in the huge Thai Bongkot offshore gas field valued at around $1.2 billion, according to sources.
Australia: Falcon Oil & Gas reports encouraging preliminary results from first Beetaloo well - Kalala S-1
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Falcon Oil & Gas has announced that drilling operations have successfully concluded on the Kalala S-1 well in the Beetaloo Basin. Results encountered are very encouraging, with shale gas net pay in excess of 150 metres.
Falcon Oil & Gas has announced that drilling operations have successfully concluded on the Kalala S-1 well in the Beetaloo Basin. Results encountered are very encouraging, with shale gas net pay in excess of 150 metres.
Monday 31 August 2015
Australia: Transerv Energy sidetracks Warro-5 well due to mechanical problems
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Transerv Energy has announced that the present operation at Warro-5, the first well of a pivotal two-well drilling program aimed at unlocking the potentially immense value of Australia’s biggest undeveloped onshore gas field in the mid-west of WA, is drilling ahead at 1857mRT TVD in a side track hole (Warro-5ST).
Transerv Energy has announced that the present operation at Warro-5, the first well of a pivotal two-well drilling program aimed at unlocking the potentially immense value of Australia’s biggest undeveloped onshore gas field in the mid-west of WA, is drilling ahead at 1857mRT TVD in a side track hole (Warro-5ST).
Thailand: Loyz Energy reports significant increase in oil production and reserves following Thailand drilling campaign
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Loyz Energy, a fast-growing Singapore-based upstream energy group, has seen positive results from its 20% equity investment in the oil producing concession located in the Phetchabun Basin, Thailand.
Loyz Energy, a fast-growing Singapore-based upstream energy group, has seen positive results from its 20% equity investment in the oil producing concession located in the Phetchabun Basin, Thailand.
PNG: Drilling operations underway at Total's Antelope-4 ST1
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner InterOil Corp has advised that the PRL-15 Joint Venture has started drilling a side-track well at the Antelope-4 site, as part of its appraisal campaign on the Elk–Antelope gas field in Papua New Guinea.
JV partner InterOil Corp has advised that the PRL-15 Joint Venture has started drilling a side-track well at the Antelope-4 site, as part of its appraisal campaign on the Elk–Antelope gas field in Papua New Guinea.
Friday 28 August 2015
Australia: UIL Energy progresses Central Perth Basin activities
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
UIL Energy has provided an update on the Company’s central Perth Basin permits including submission of the environmental documents for the planned seismic survey across three of its permits.
UIL Energy has provided an update on the Company’s central Perth Basin permits including submission of the environmental documents for the planned seismic survey across three of its permits.
Thursday 27 August 2015
Australia: Buru Energy's Praslin-1 well in EP391 encounters oil
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has provided an update on drilling operations at the Praslin-1 well in EP391. Wireline logs indicate a gross oil bearing interval of some 23 meters is present at the top of the interpreted Ungani Dolomite section in the well, similar to that seen over the highly productive zone at the Ungani oil field.
Buru Energy has provided an update on drilling operations at the Praslin-1 well in EP391. Wireline logs indicate a gross oil bearing interval of some 23 meters is present at the top of the interpreted Ungani Dolomite section in the well, similar to that seen over the highly productive zone at the Ungani oil field.
Australia: Pilot Energy receives approval for WA-503-P work program variation
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Pilot Energy, formerly Rampart Energy, announced Thursday that the National Offshore Petroleum Titles Administrator (NOPTA) has granted a Transitional Work Program Variation for the Company’s offshore exploration permit WA-503-P.
Pilot Energy, formerly Rampart Energy, announced Thursday that the National Offshore Petroleum Titles Administrator (NOPTA) has granted a Transitional Work Program Variation for the Company’s offshore exploration permit WA-503-P.
Australia: Galilee Energy completes ATP 529P acquisition from AGL Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Galilee Energy has announced the successful completion of its acquisition of the remaining 50% interest in ATP 529P from AGL Energy. ATP 529P is a coal seam gas project located in the prolific Galilee Basin in Queensland.
Galilee Energy has announced the successful completion of its acquisition of the remaining 50% interest in ATP 529P from AGL Energy. ATP 529P is a coal seam gas project located in the prolific Galilee Basin in Queensland.
Wednesday 26 August 2015
Myanmar: Tap Oil signs Production Sharing Contract for highly prospective Myanmar Block
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Tap Oil has formalised its entry into Myanmar following the signing of the Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin. Tap holds a 95% participating interest in the M-7 Block and has assumed operatorship.
Tap Oil has formalised its entry into Myanmar following the signing of the Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin. Tap holds a 95% participating interest in the M-7 Block and has assumed operatorship.
Australia: Cue Energy Resources receives approval for WA-359-P work programme suspension
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cue Energy Resources has been notified by NOPTA of the approval of its application for a suspension of the Permit Year 3 work program commitment for WA-359-P, which included the drilling of one exploration well. Cue is currently seeking a farm-in partner to drill the the Ironbark prospect.
Cue Energy Resources has been notified by NOPTA of the approval of its application for a suspension of the Permit Year 3 work program commitment for WA-359-P, which included the drilling of one exploration well. Cue is currently seeking a farm-in partner to drill the the Ironbark prospect.
Tuesday 25 August 2015
Vietnam: China oil rig to keep drilling in waters disputed with Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
A Chinese oil rig at the centre of last year's standoff between China and Vietnam will continue drilling not far from Vietnam's coast, China's maritime safety authorities said on Tuesday.
A Chinese oil rig at the centre of last year's standoff between China and Vietnam will continue drilling not far from Vietnam's coast, China's maritime safety authorities said on Tuesday.
PNG: Oil Search looking for acquisitions in Papua New Guinea
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oil Search said on Tuesday it is looking for acquisitions in Papua New Guinea, where it holds the bulk of its assets, but Managing Director Peter Botten said deals may take some time as buyer and seller expectations remain wide apart.
Oil Search said on Tuesday it is looking for acquisitions in Papua New Guinea, where it holds the bulk of its assets, but Managing Director Peter Botten said deals may take some time as buyer and seller expectations remain wide apart.
New Zealand: Mosman Oil and Gas announces proposed acquisition of NZ producing oil and gas assets from Origin Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AIM-listed Mosman Oil and Gas, the New Zealand and Australia focussed oil exploration and development company, has provided information on the proposed acquisition of NZ producing oil and gas assets which include the Rimu, Kauri and Manutahi fields from Origin Energy.
AIM-listed Mosman Oil and Gas, the New Zealand and Australia focussed oil exploration and development company, has provided information on the proposed acquisition of NZ producing oil and gas assets which include the Rimu, Kauri and Manutahi fields from Origin Energy.
Monday 24 August 2015
Vietnam: Controversial China rig completes drilling well near Vietnam coast
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Chinese oil rig at the centre of last year's standoff between China and Vietnam over oil exploration in the South China Sea has completed drilling of a well not far from Vietnam's coast, the official Xinhua News Agency said on Monday.
The Chinese oil rig at the centre of last year's standoff between China and Vietnam over oil exploration in the South China Sea has completed drilling of a well not far from Vietnam's coast, the official Xinhua News Agency said on Monday.
Sunday 23 August 2015
Australia: Buru Energy reports encouraging hydrocarbon indications at Praslin-1 in EP391
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy provided an update on drilling operations at the Praslin-1 well, located 15kms west of Buru Energy’s producing Ungani oil field, which has encountered hydrocarbon indications over potentailly porous reservoir zones.
Buru Energy provided an update on drilling operations at the Praslin-1 well, located 15kms west of Buru Energy’s producing Ungani oil field, which has encountered hydrocarbon indications over potentailly porous reservoir zones.
Friday 21 August 2015
Australia: AWE upsizes onshore Perth Basin gross recoverable gas to over 700 bcf
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE reports that data gathered from the Waitsia-2 appraisal well has allowed AWE to significantly increase the company’s previous estimate of gross recoverable gas in the onshore Perth Basin and book initial 2P Reserves.
AWE reports that data gathered from the Waitsia-2 appraisal well has allowed AWE to significantly increase the company’s previous estimate of gross recoverable gas in the onshore Perth Basin and book initial 2P Reserves.
Thursday 20 August 2015
Malaysia: Shell transfers stake in Malaysia MLNG plant to Petronas
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Royal Dutch Shell unit Sarawak Shell Bhd has transferred its 50 percent stake as operator of the MLNG Dua liquefied natural gas (LNG) plant to Malaysian state oil firm Petronas.
Royal Dutch Shell unit Sarawak Shell Bhd has transferred its 50 percent stake as operator of the MLNG Dua liquefied natural gas (LNG) plant to Malaysian state oil firm Petronas.
Australia: Armour Energy signs LOI for US$100m Northern Territory farmout to American Energy Partners
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Armour Energy has executed a non-binding Letter of Intent ('LOI') with American Energy Partners (AEP) whereby AEP and Armour will jointly further the exploration and development of Armour’s extensive oil and gas prone McArthur Basin Project in the Northern Territory of Australia.
Armour Energy has executed a non-binding Letter of Intent ('LOI') with American Energy Partners (AEP) whereby AEP and Armour will jointly further the exploration and development of Armour’s extensive oil and gas prone McArthur Basin Project in the Northern Territory of Australia.
Wednesday 19 August 2015
Australia: WHL Energy receives approval for variation and extension of VIC/P67 work programme
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
WHL Energy has received approval from the Commonwealth-Victoria Offshore Petroleum Joint Authority for a variation and extension of VIC/P67 work programme to provide the time necessary to de-risk and further mature the identified prospectivity.
WHL Energy has received approval from the Commonwealth-Victoria Offshore Petroleum Joint Authority for a variation and extension of VIC/P67 work programme to provide the time necessary to de-risk and further mature the identified prospectivity.
China: CNOOC signs PSCs with ROC
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC has signed two production sharing contracts (PSCs) with Roc Oil (China) Company (ROC) for Blocks 16/07 and 03/33 in the South China Sea. The two blocks are located in the Pearl River Mouth Basin in the South China Sea.
CNOOC has signed two production sharing contracts (PSCs) with Roc Oil (China) Company (ROC) for Blocks 16/07 and 03/33 in the South China Sea. The two blocks are located in the Pearl River Mouth Basin in the South China Sea.
Tuesday 18 August 2015
Australia: Woodside beefs up sales marketing for Browse LNG in tough market
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Woodside Petroleum said it has stepped up marketing for its Browse floating liquefied natural gas project, but conceded it is facing a buyers' market against a backdrop of weak oil prices.
Woodside Petroleum said it has stepped up marketing for its Browse floating liquefied natural gas project, but conceded it is facing a buyers' market against a backdrop of weak oil prices.
China: Primeline signs drilling contract with COSL for exploration campaign in East China Sea
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Primeline Energy Holdings has entered into a turnkey drilling contract with China Oilfield Service Ltd (COSL) for its 2015 exploration programme of two wells in Block 33/07 in the East China Sea.
Primeline Energy Holdings has entered into a turnkey drilling contract with China Oilfield Service Ltd (COSL) for its 2015 exploration programme of two wells in Block 33/07 in the East China Sea.
Australia: Transerv spuds first of two key test wells on Australia’s largest undeveloped onshore gas field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Transerv Energy has started the pivotal two-well drilling program aimed at unlocking the potentially immense value of Australia’s biggest undeveloped onshore gas field - Warro gas field - in the mid-west of WA.
Transerv Energy has started the pivotal two-well drilling program aimed at unlocking the potentially immense value of Australia’s biggest undeveloped onshore gas field - Warro gas field - in the mid-west of WA.
Monday 17 August 2015
Thailand: First oil flows at KrisEnergy-operated Wassana field in the Gulf of Thailand
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Wassana oil field has commenced production from the first development well in 15 months after KrisEnergy took over operatorship of G10/48. Production is expected to reach a peak rate of approx. 10,000 bopd by year end.
The Wassana oil field has commenced production from the first development well in 15 months after KrisEnergy took over operatorship of G10/48. Production is expected to reach a peak rate of approx. 10,000 bopd by year end.
Vietnam: Wood Group awarded FEED contract for Talisman's Ca Rong Do field offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam; estimated to contain around 67 mmboe.
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam; estimated to contain around 67 mmboe.
Sunday 16 August 2015
Philippines: Otto Energy's Hawkeye-1 exploration well fails to find commercial hydrocarbons
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Otto Energy reports that the Hawkeye-1 exploration well, on SC55, offshore Palawan Basin in the Philippines, has failed to find commercial hydrocarbons and will be plugged and abandoned.
Otto Energy reports that the Hawkeye-1 exploration well, on SC55, offshore Palawan Basin in the Philippines, has failed to find commercial hydrocarbons and will be plugged and abandoned.
Thursday 13 August 2015
Mongolia: Petro Matad awards contract for 2D seismic data acquisition in Blocks IV and V, Central Mongolia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petro Matad has announced the award of a contract to Khet Co, for the acquisition of circa 2000 kms of 2D seismic in Blocks IV and V. The programme is scheduled to commence in mid-September 2015.
Petro Matad has announced the award of a contract to Khet Co, for the acquisition of circa 2000 kms of 2D seismic in Blocks IV and V. The programme is scheduled to commence in mid-September 2015.
Vietnam: SOCO announces commencement of production from the TGT H5 platform offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
SOCO International has announced that first oil and gas from the H5 Wellhead Platform ('H5-WHP') of the Te Giac Trang ('TGT') field occurred on 10 August 2015 following perforation of the first of the H5 development wells.
SOCO International has announced that first oil and gas from the H5 Wellhead Platform ('H5-WHP') of the Te Giac Trang ('TGT') field occurred on 10 August 2015 following perforation of the first of the H5 development wells.
Wednesday 12 August 2015
PNG: InterOil completes Wahoo sidetrack operations - well to be plugged and abandoned
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp has advised that Wahoo-1 sidetrack operations have not intersected a carbonate reservoir and the company intends to plug and abandon the well. The wildcat exploration well in PPL 474 was a significant step-out from the successful Elk-Antelope gas hub in PRL 15.
InterOil Corp has advised that Wahoo-1 sidetrack operations have not intersected a carbonate reservoir and the company intends to plug and abandon the well. The wildcat exploration well in PPL 474 was a significant step-out from the successful Elk-Antelope gas hub in PRL 15.
Vietnam: JOGMEC provides equity financing to Idemitsu and Sumitomo’s exploration project offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JOGMEC has announced that it will provide equity financing to Special Purpose Companies to be established by Idemitsu Kosan and Sumitomo Corp, which acquired participating interests in the recently awarded exploration Blocks 39 and 40/02, offshore Vietnam.
JOGMEC has announced that it will provide equity financing to Special Purpose Companies to be established by Idemitsu Kosan and Sumitomo Corp, which acquired participating interests in the recently awarded exploration Blocks 39 and 40/02, offshore Vietnam.
Tuesday 11 August 2015
Australia: Beach Energy acquires AGL's interest in Cooper Basin permit ATP 1056
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Beach Energy has signed a binding agreement to acquire a 40% operating interest in the ATP 1056 permit from AGL Cooper Basin, a subsidiary of AGL Energy, for $1.15 million.
Beach Energy has signed a binding agreement to acquire a 40% operating interest in the ATP 1056 permit from AGL Cooper Basin, a subsidiary of AGL Energy, for $1.15 million.
Australia: Quadrant Energy's Levitt-1 exploration well in Carnarvon Basin permit WA-482-P disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Karoon Gas Australia reports that the Quadrant Energy operated Levitt-1 exploration well in Carnarvon Basin permit WA-482-P, offshore Western Australia, has failed to encounter hydrocarbons and will be plugged and abandoned.
JV partner Karoon Gas Australia reports that the Quadrant Energy operated Levitt-1 exploration well in Carnarvon Basin permit WA-482-P, offshore Western Australia, has failed to encounter hydrocarbons and will be plugged and abandoned.
Cambodia: Mirach Energy receives approval of final extension of Cambodia Block D exploration period
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mirach Energy has received the official letter from the Ministry of Mines and Energy notifying it that the Royal Government of Cambodia has approved the final extension of exploration period of Block D to December 2018.
Mirach Energy has received the official letter from the Ministry of Mines and Energy notifying it that the Royal Government of Cambodia has approved the final extension of exploration period of Block D to December 2018.
Indonesia: ConocoPhillips to seek buyers for its stake in South Natuna Block B, offshore Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
ConocoPhillips is reviewing its portfolio in Indonesia and may soon seek buyers for a stake in South Natuna Sea Block B in the Natuna Sea, company and government sources said.
ConocoPhillips is reviewing its portfolio in Indonesia and may soon seek buyers for a stake in South Natuna Sea Block B in the Natuna Sea, company and government sources said.
Pakistan: Taipan Resources to acquire interest in Block 2769-13 (The Salam Block), Pakistan
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Taipan Resources has entered into a non-binding letter of intent with Petroleum Exploration Limited ('PEL') to acquire a 50% interest in PEL's Block 2769-13 (Salam) located in the Jacobabad and Ghotki Districts of the Sindh Province in Pakistan.
Taipan Resources has entered into a non-binding letter of intent with Petroleum Exploration Limited ('PEL') to acquire a 50% interest in PEL's Block 2769-13 (Salam) located in the Jacobabad and Ghotki Districts of the Sindh Province in Pakistan.
Indonesia: Ramba Energy to commence oil production from Lemang block in early 2016
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Ramba Energy has received approval of the first Plan of Development ('POD') for the Akatara field, located in the Lemang block, Sumatra, Indonesia.
Ramba Energy has received approval of the first Plan of Development ('POD') for the Akatara field, located in the Lemang block, Sumatra, Indonesia.
Monday 10 August 2015
Australia: Strike Energy completes successful Klebb workover program in Southern Cooper Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Strike Energy has provided an update on operations at its Southern Cooper Basin Gas Project in PEL 96. Workover operations at the three Klebb wells have been successfully completed.
Strike Energy has provided an update on operations at its Southern Cooper Basin Gas Project in PEL 96. Workover operations at the three Klebb wells have been successfully completed.
Sunday 9 August 2015
Philippines: Red Emperor Resources provides update on Hawkeye-1 well, offshore Philippines
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Red Emperor Resources has provided an update with respect to the drilling of the Otto Energy-operated Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines.
Red Emperor Resources has provided an update with respect to the drilling of the Otto Energy-operated Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines.
Friday 7 August 2015
Malaysia: EMGS announces Letter of Award with an oil company in Malaysia for BOA Thalassa
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Electromagnetic Geoservices (EMGS) has received a letter of award (LOA) for a contract worth approx. USD 4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia.
Electromagnetic Geoservices (EMGS) has received a letter of award (LOA) for a contract worth approx. USD 4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia.
Thursday 6 August 2015
Mongolia: Petro Matad awards contract for airborne full tensor gradiometry data acquisition in Blocks IV & V, Central Mongolia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petro Matad has announced the award of a contract to Bellgeo Enterprises for the provision of airborne full tensor gradiometry data acquisition and processing services. The programme will result in approx. 11,000 km2 of gravity gradiometry coverage.
Petro Matad has announced the award of a contract to Bellgeo Enterprises for the provision of airborne full tensor gradiometry data acquisition and processing services. The programme will result in approx. 11,000 km2 of gravity gradiometry coverage.
Wednesday 5 August 2015
Vietnam: SOCO signs MoU for Blocks 125/126, offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
SOCO International has signed a Memorandum of Understanding with PetroVietnam and SOVICO Holdings regarding potential exploration and production on Blocks 125-126, in the Phu Khanh Basin, offshore Vietnam.
SOCO International has signed a Memorandum of Understanding with PetroVietnam and SOVICO Holdings regarding potential exploration and production on Blocks 125-126, in the Phu Khanh Basin, offshore Vietnam.
Indonesia: Pan Orient Energy reports details of a Prospective Resource Report for its Anggun Prospect, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Pan Orient Energy Corp has announced the results of a recently completed third party engineer NI-51-101 compliant Prospective Resource Report for the Anggun Prospect, East Jabung Production Sharing Contract ('PSC'), Indonesia.
Pan Orient Energy Corp has announced the results of a recently completed third party engineer NI-51-101 compliant Prospective Resource Report for the Anggun Prospect, East Jabung Production Sharing Contract ('PSC'), Indonesia.
Monday 3 August 2015
PNG: Oil Search reports Papua LNG Project operator transition to Total complete
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oil Search has advised that Total E&P PNG has become operator of the PRL 15 Joint Venture, including the Papua LNG Project, effective from 1 August 2015.
Oil Search has advised that Total E&P PNG has become operator of the PRL 15 Joint Venture, including the Papua LNG Project, effective from 1 August 2015.
Australia's Origin Energy to sell Contact Energy stake
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Australia's Origin Energy said on Tuesday it will sell its controlling interest in New Zealand electricity generator and retailer Contact Energy and use the proceeds to reduce debt.
Australia's Origin Energy said on Tuesday it will sell its controlling interest in New Zealand electricity generator and retailer Contact Energy and use the proceeds to reduce debt.
Australia: Cooper Energy signs first sales agreement for Sole Gas Project
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has announced the signing of a Heads of Agreement (HoA) with O-I Australia defining the key terms for the sale of gas from the Sole gas field.
Cooper Energy has announced the signing of a Heads of Agreement (HoA) with O-I Australia defining the key terms for the sale of gas from the Sole gas field.
Sunday 2 August 2015
Philippines: Otto Energy spuds Hawkeye-1 exploration well, offshore Philippines
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Otto Energy has spudded the Hawkeye-1 exploration well, in Service Contract 55 (SC55), offshore Palawan Basin in the Philippines. Hawkeye is planned as a vertical exploration well to test the clastic late Miocene Pagasa formation.
Otto Energy has spudded the Hawkeye-1 exploration well, in Service Contract 55 (SC55), offshore Palawan Basin in the Philippines. Hawkeye is planned as a vertical exploration well to test the clastic late Miocene Pagasa formation.
Thursday 30 July 2015
Japan: INPEX to undertake exploratory offshore drilling project in Japan
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
INPEX has been commissioned by the Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry (METI) of Japan to drill one exploratory well for the agency’s 'Heisei 26~28 Domestic Offshore Drilling Program in Japan'.
INPEX has been commissioned by the Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry (METI) of Japan to drill one exploratory well for the agency’s 'Heisei 26~28 Domestic Offshore Drilling Program in Japan'.
Philippines: Otto Energy farms down 10% interest in SC55 to Pryce Gases
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Otto Energy has signed a farm-in option agreement with Pryce Gases to earn a 10% working interest in SC55, offshore the Philippines. Following this farm-in, Otto will retain a participating interest of 68.18% in SC55.
Otto Energy has signed a farm-in option agreement with Pryce Gases to earn a 10% working interest in SC55, offshore the Philippines. Following this farm-in, Otto will retain a participating interest of 68.18% in SC55.
Wednesday 29 July 2015
Australia: AWE reports Yolla-6 well begins production at BassGas
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, a 35% joint venture partner in the BassGas project, has advised that the Yolla-6 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.
AWE Limited, a 35% joint venture partner in the BassGas project, has advised that the Yolla-6 development well has been successfully tied-in to export facilities on the Yolla platform and production from that well has commenced.
Tuesday 28 July 2015
Australia: AWE's Waitsia-2 appraisal well reaches total depth
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well reached TD of 3,530m MDRT. Elevated gas shows were observed in the primary target Kingia and High Cliff Sandstones as well as the Carynginia Shale and Irwin River Coal Measures.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well reached TD of 3,530m MDRT. Elevated gas shows were observed in the primary target Kingia and High Cliff Sandstones as well as the Carynginia Shale and Irwin River Coal Measures.
Monday 27 July 2015
Malaysia: Technip awarded offshore brownfield and subsea tie-backs for PETRONAS FLNG1
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to KAKG-A platform in Kanowit field, located 200 kms offshore Bintulu, East Malaysia.
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to KAKG-A platform in Kanowit field, located 200 kms offshore Bintulu, East Malaysia.
Sunday 26 July 2015
Australia: Cue Energy seeking farm-in partner for Ironbark Prospect in Western Australia permits WA-359-P & 409-P
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cue Energy is seeking a farm-in partner to participate in the drilling of the Ironbark Prospect in Western Australia offshore permits WA-359-P and WA-409-P. The well will target an exciting new play type associated with the prolific gas-bearing Mungaroo formation.
Cue Energy is seeking a farm-in partner to participate in the drilling of the Ironbark Prospect in Western Australia offshore permits WA-359-P and WA-409-P. The well will target an exciting new play type associated with the prolific gas-bearing Mungaroo formation.
Philippines: Red Emperor Resources farm-in to Otto Energy's Block SC55 receives approval
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Red Emperor Resources has received formal notification from the Department of Energy of the Philippines that approval for the assignment of the Company’s 15% working interest in Block SC55 has been granted.
Red Emperor Resources has received formal notification from the Department of Energy of the Philippines that approval for the assignment of the Company’s 15% working interest in Block SC55 has been granted.
China: ConocoPhillips halts Sichuan shale gas talks with PetroChina
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
ConocoPhillips has ended talks with PetroChina on a shale gas development in the country after a two-year study.
ConocoPhillips has ended talks with PetroChina on a shale gas development in the country after a two-year study.
Philippines: Filipino fishermen remove Chinese buoys near disputed shoal, officials say
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Filipino fishermen found several buoys with Chinese markings near the disputed Scarborough Shoal and towed the devices back to shore northwest of the capital, Manila, Philippines officials said on Sunday.
Filipino fishermen found several buoys with Chinese markings near the disputed Scarborough Shoal and towed the devices back to shore northwest of the capital, Manila, Philippines officials said on Sunday.
Thursday 23 July 2015
Australia: AWE decides not to continue with Drover-1 exploration program in EP455, Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, advises that after consultation with JV partner, Titan Energy, it will not proceed with Phase 2 of the Drover-1 exploration program and will not hydraulically fracture stimulate the well.
AWE Limited, as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, advises that after consultation with JV partner, Titan Energy, it will not proceed with Phase 2 of the Drover-1 exploration program and will not hydraulically fracture stimulate the well.
China: Primeline secures rig for exploration drilling in Block 33/07 in the southern East China Sea basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Primeline Energy Holdings has signed a Letter of Intent ('LOI') for the drilling operations of the forthcoming exploration programme in Block 33/07 in the southern East China Sea basin.
Primeline Energy Holdings has signed a Letter of Intent ('LOI') for the drilling operations of the forthcoming exploration programme in Block 33/07 in the southern East China Sea basin.
China says Japan's East China Sea pictures provoke confrontation
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Japan's release of pictures of Chinese construction activity in the East China Sea will only provoke confrontation between the two countries and do nothing for efforts to promote dialogue, China's Foreign Ministry said.
Japan's release of pictures of Chinese construction activity in the East China Sea will only provoke confrontation between the two countries and do nothing for efforts to promote dialogue, China's Foreign Ministry said.
Wednesday 22 July 2015
Australia: APPEA call to lift Victorian onshore gas exploration ban
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Australian Petroleum Production and Exploration Association (APPEA) says the Victorian government should immediately lift its onshore gas exploration ban, which it says is resulting in fewer jobs, slower growth and higher energy prices in the state.
The Australian Petroleum Production and Exploration Association (APPEA) says the Victorian government should immediately lift its onshore gas exploration ban, which it says is resulting in fewer jobs, slower growth and higher energy prices in the state.
Australia: Dolphin Geophysical commences seismic operations on large 3D Multi-Client campaign over NWS Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
In cooperation with TGS and supported by major oil companies, Dolphin has mobilised its high capacity 3D vessel the Sanco Swift to acquire the North Carnarvon Basin survey covering both newly awarded licensed and open acreage.
In cooperation with TGS and supported by major oil companies, Dolphin has mobilised its high capacity 3D vessel the Sanco Swift to acquire the North Carnarvon Basin survey covering both newly awarded licensed and open acreage.
India: Cairn Energy set to vote against Vedanta-Cairn India merger
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Britain's Cairn Energy is set to vote against Vedanta's $2.3 billion buyout offer for Cairn India's minority shareholders, the Financial Times said on Wednesday. Cairn's objections included 'fundamental disagreements over valuations'.
Britain's Cairn Energy is set to vote against Vedanta's $2.3 billion buyout offer for Cairn India's minority shareholders, the Financial Times said on Wednesday. Cairn's objections included 'fundamental disagreements over valuations'.
Tuesday 21 July 2015
China: CNOOC's Luda 10-1 oil field commences production
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited has announced that the Luda 10-1 comprehensive adjustment project has commenced production. The Luda 10-1 oil field is located in Liaodong Bay of Bohai.
CNOOC Limited has announced that the Luda 10-1 comprehensive adjustment project has commenced production. The Luda 10-1 oil field is located in Liaodong Bay of Bohai.
Indonesia: Citic suspends Lofin-2 appraisal well in Seram (Non Bula) PSC
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Lion Energy has advised that the Lofin-2 appraisal well has been suspended as a potential gas producer following a successful testing program in which the well flowed gas at approx. 17.8 mmcfpd with some water and minor condensate through a 52/64” choke.
JV partner Lion Energy has advised that the Lofin-2 appraisal well has been suspended as a potential gas producer following a successful testing program in which the well flowed gas at approx. 17.8 mmcfpd with some water and minor condensate through a 52/64” choke.
Monday 20 July 2015
India: Oilex announces Cambay field production update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has provided an update from the Cambay field subsequent to the commencement of gas sales from Cambay-73 into the low pressure network.
Oilex has provided an update from the Cambay field subsequent to the commencement of gas sales from Cambay-73 into the low pressure network.
Australia: AWE provides update on Waitsia-2 appraisal well, Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well is at 3,152m MDRT and is preparing to cut core samples from one of the primary target formations, the Kingia Sandstone.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well is at 3,152m MDRT and is preparing to cut core samples from one of the primary target formations, the Kingia Sandstone.
Sunday 19 July 2015
Australia: AWE reduces Yolla field reserves
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited has advised that the Operator of the BassGas Joint Venture in permit T/L1, Origin Energy, has provided a preliminary reassessment of reserves for the Yolla field based on new data obtained from the recently drilled Yolla-5 and Yolla-6 development wells.
AWE Limited has advised that the Operator of the BassGas Joint Venture in permit T/L1, Origin Energy, has provided a preliminary reassessment of reserves for the Yolla field based on new data obtained from the recently drilled Yolla-5 and Yolla-6 development wells.
Thursday 16 July 2015
Australia: Buru Energy announces start of commercial production at Ungani
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has advised that commercial oil production has commenced at its conventional Ungani oilfield in WA’s onshore Canning Basin. Production at Ungani, which is an equal joint venture between Buru Energy and Mitsubishi, is at an initial rate of 1,250 bopd.
Buru Energy has advised that commercial oil production has commenced at its conventional Ungani oilfield in WA’s onshore Canning Basin. Production at Ungani, which is an equal joint venture between Buru Energy and Mitsubishi, is at an initial rate of 1,250 bopd.
Wednesday 15 July 2015
Timor Leste: Oilex receives notice of termination for JPDA 06-103
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area ('JPDA') 06-103 Production Sharing Contract has received a Notice of Termination and Demand for Payment from the Autoridade Nacional do Petroleo ('ANP').
Oilex, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area ('JPDA') 06-103 Production Sharing Contract has received a Notice of Termination and Demand for Payment from the Autoridade Nacional do Petroleo ('ANP').
Australia: Cooper Energy outlines potential Manta gas field development in Australia's Gippsland Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy, Operator of VIC/L26, VIC/L27 and VIC/ L28 ('BMG Joint Venture') has announced that the Cooper Energy BMG Business Case analysis has been completed and the development of the Manta gas resource is technically feasible and a sound business opportunity.
Cooper Energy, Operator of VIC/L26, VIC/L27 and VIC/ L28 ('BMG Joint Venture') has announced that the Cooper Energy BMG Business Case analysis has been completed and the development of the Manta gas resource is technically feasible and a sound business opportunity.
New Zealand: MEO provides update on sale of Kea’s interest in PEP51153 (Puka)
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia has advised that shareholders of Kea Petroleum have approved the sale of its 70% interest in PEP51153 to Caliera Fund, a privately-owned New Zealand company. PEP51153, located in New Zealand’s onshore Taranaki basin, contains the Puka oil field (currently suspended) and the Shannon oil prospect.
MEO Australia has advised that shareholders of Kea Petroleum have approved the sale of its 70% interest in PEP51153 to Caliera Fund, a privately-owned New Zealand company. PEP51153, located in New Zealand’s onshore Taranaki basin, contains the Puka oil field (currently suspended) and the Shannon oil prospect.
Tuesday 14 July 2015
Australia: Falcon Oil & Gas announces spudding of Kalala S-1 well in the Beetaloo Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Falcon Oil & Gas has announced the spudding of the Kalala S-1 well in the Beetaloo Basin, Australia. Kalala S-1 is the first of Falcon's fully funded and uncapped, 2015 three well drilling and evaluation programme in the Beetaloo Basin.
Falcon Oil & Gas has announced the spudding of the Kalala S-1 well in the Beetaloo Basin, Australia. Kalala S-1 is the first of Falcon's fully funded and uncapped, 2015 three well drilling and evaluation programme in the Beetaloo Basin.
Vietnam: Petrovietnam boosts cooperation with Murphy Oil and ExxonMobil
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Viet Nam National Oil and Gas Group (Petrovietnam) and Murphy Oil Corp signed a memorandum of understanding (MoU) on July 8 to boost cooperation in oil and gas projects. Petrovietnam also met with ExxonMobil.
The Viet Nam National Oil and Gas Group (Petrovietnam) and Murphy Oil Corp signed a memorandum of understanding (MoU) on July 8 to boost cooperation in oil and gas projects. Petrovietnam also met with ExxonMobil.
Australia: MEO Australia receives approval for AC/P53 work program variation
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO reports that the Titles Administrator has approved AC/P53 variation of work program. The work program has been amended by advancing geotechnical studies from Permit Year 6 to Permit Year 5 and deferring an exploration well commitment from Permit Year 5 to Permit Year 6.
MEO reports that the Titles Administrator has approved AC/P53 variation of work program. The work program has been amended by advancing geotechnical studies from Permit Year 6 to Permit Year 5 and deferring an exploration well commitment from Permit Year 5 to Permit Year 6.
Malaysia: Petronas' Tembikai Chenang cluster achieves first oil
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petronas has announced that the Tembikai field under the Tembikai-Chenang Cluster small field Risk Service Contract (RSC) recently achieved its first oil. The field is located offshore Peninsular Malaysia and is being developed and operated by Vestigo Petroleum, a unit of Petronas Carigali.
Petronas has announced that the Tembikai field under the Tembikai-Chenang Cluster small field Risk Service Contract (RSC) recently achieved its first oil. The field is located offshore Peninsular Malaysia and is being developed and operated by Vestigo Petroleum, a unit of Petronas Carigali.
Monday 13 July 2015
Philippines: Nido reports contingent resources estimates for the mid-Galoc area of the Galoc field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Nido Petroleum has provided the results of an independent contingent resources assessment of the mid-Galoc area of the Galoc oil field as at 30 June 2015, undertaken by Gaffney Cline and Associates (‘GCA’).
Nido Petroleum has provided the results of an independent contingent resources assessment of the mid-Galoc area of the Galoc oil field as at 30 June 2015, undertaken by Gaffney Cline and Associates (‘GCA’).
Australia/NZ: Mosman Oil and Gas announces operations update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mosman Oil and Gas, the New Zealand and Australia focused oil exploration and development company, has provided an update on current operations. The short term objective has been to minimise expenditure whilst staying on schedule for drilling at Murchison in New Zealand later this year.
Mosman Oil and Gas, the New Zealand and Australia focused oil exploration and development company, has provided an update on current operations. The short term objective has been to minimise expenditure whilst staying on schedule for drilling at Murchison in New Zealand later this year.
Sunday 12 July 2015
Australia: BG Group ships first LNG from QCLNG Train 2 in Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG Group, a world leader in exploration and LNG, has started up and loaded its first LNG from the second production train at the Queensland Curtis LNG (QCLNG) facility in Australia. The first LNG from Train 2 set sail on the Maran Gas Posidonia.
BG Group, a world leader in exploration and LNG, has started up and loaded its first LNG from the second production train at the Queensland Curtis LNG (QCLNG) facility in Australia. The first LNG from Train 2 set sail on the Maran Gas Posidonia.
Sri Lanka to call bids to develop natural gas find
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Sri Lanka will call international bids to develop an off-shore natural gas deposit which is being abandoned by Cairn Energy, cabinet spokesman Rajitha Senaratne said.
Sri Lanka will call international bids to develop an off-shore natural gas deposit which is being abandoned by Cairn Energy, cabinet spokesman Rajitha Senaratne said.
Pakistan: Jura Energy provides update on Zarghun South and Guddu Blocks
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Jura Energy has provided an update on its operations in the Zarghun South and Guddu Blocks in Pakistan. Gas production has commenced at the Reti-2 well in the OGDCL-operated Guddu Block.
Jura Energy has provided an update on its operations in the Zarghun South and Guddu Blocks in Pakistan. Gas production has commenced at the Reti-2 well in the OGDCL-operated Guddu Block.
Thursday 9 July 2015
India: BG announces first oil from Mukta-B platform, offshore India
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG India achieved first oil production from the Mukta-B (MB), a 4 legged Wellhead Unmanned Platform in the offshore Bombay basin, on 1 July. BG has a 30% interest in the Panna-Mukta oil and gas fields alongside partners, ONGC and Reliance Industries.
BG India achieved first oil production from the Mukta-B (MB), a 4 legged Wellhead Unmanned Platform in the offshore Bombay basin, on 1 July. BG has a 30% interest in the Panna-Mukta oil and gas fields alongside partners, ONGC and Reliance Industries.
Rosneft and Essar expand integrated cooperation
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Rosneft and Essar on Wednesday signed a long-term contract for oil supplies to the Vadinar refinery in India. The contract envisages total supplies of 100 mln tones of crude oil over a period of 10 years.
Rosneft and Essar on Wednesday signed a long-term contract for oil supplies to the Vadinar refinery in India. The contract envisages total supplies of 100 mln tones of crude oil over a period of 10 years.
Wednesday 8 July 2015
PNG: Kina Petroleum provides update on Kina-1 well in PPL 337
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kina Petroleum has provided an update on progress of the Kwila-1 exploration well in PPL 337, onshore Papua New Guinea. The well has intersected both the primary and secondary objectives.
Kina Petroleum has provided an update on progress of the Kwila-1 exploration well in PPL 337, onshore Papua New Guinea. The well has intersected both the primary and secondary objectives.
Tuesday 7 July 2015
Australia: Oilex announces placement and rights issue to fund 2015/16 work programme
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced a two tranche placement and underwritten rights issue to raise US$23 million (A$30 million) to fund its work programme in India.
Oilex has announced a two tranche placement and underwritten rights issue to raise US$23 million (A$30 million) to fund its work programme in India.
China to allow non-state firms to bid for Xinjiang oil blocks in trial
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
China will allow private domestic enterprises to bid for a handful of oil and gas blocks in the far-western region of Xinjiang, the Ministry of Land and Resources said on Tuesday, in an attempt to attracted diversified investment.
China will allow private domestic enterprises to bid for a handful of oil and gas blocks in the far-western region of Xinjiang, the Ministry of Land and Resources said on Tuesday, in an attempt to attracted diversified investment.
Monday 6 July 2015
Indonesia: ACL International acquires South Block A interest from Peak Oil & Gas
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
ACL International has acquired a 38.25% working interest in a Production Sharing Contract for South Block A located onshore, North Sumatra, Indonesia, from Peak Oil & Gas for an aggregate purchase price of A$800,000.
ACL International has acquired a 38.25% working interest in a Production Sharing Contract for South Block A located onshore, North Sumatra, Indonesia, from Peak Oil & Gas for an aggregate purchase price of A$800,000.
Australia: Oilex shares remain in ASX voluntary suspension ahead of proposed capital raising
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced that the securities of the Company continue in voluntary suspension on the Australian Securities Exchange ('ASX') pending the release of an announcement regarding the proposed capital raising.
Oilex has announced that the securities of the Company continue in voluntary suspension on the Australian Securities Exchange ('ASX') pending the release of an announcement regarding the proposed capital raising.
Australia: Woodside awards FEED contract for Browse FLNG Development to OneSubsea
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Woodside has awarded OneSubsea, a Cameron and Schlumberger company, a front-end engineering and design (FEED) contract for the proposed Woodside-operated Browse FLNG Development offshore northwest Australia.
Woodside has awarded OneSubsea, a Cameron and Schlumberger company, a front-end engineering and design (FEED) contract for the proposed Woodside-operated Browse FLNG Development offshore northwest Australia.
China: Triple Energy spuds CBM well in China's Heilongjiang province
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Australian company Triple Energy has spudded Niaoshan-1, the first of two CBM wells in the Bird Mountain area of Heilongjiang province in China. The well is located around 2 kms from the previous Xian Xian-1 well drilled by the Joint Venture in 2013.
Australian company Triple Energy has spudded Niaoshan-1, the first of two CBM wells in the Bird Mountain area of Heilongjiang province in China. The well is located around 2 kms from the previous Xian Xian-1 well drilled by the Joint Venture in 2013.
Sunday 5 July 2015
Australian energy retailer AGL writes down coal-seam gas assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AGL Energy, Australia's No. 2 energy retailer, said it will sell three coal-seam gas licences back to the government and write down the value of several more underperforming projects, cutting its net profit by $443 million.
AGL Energy, Australia's No. 2 energy retailer, said it will sell three coal-seam gas licences back to the government and write down the value of several more underperforming projects, cutting its net profit by $443 million.
Australia: Buru Energy granted production licences for Ungani oil field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has advised that the Buru Energy/Mitsubishi Corp Joint Venture has been granted the production licences for it's Ungani oil field in WA’s Kimberley region.
Buru Energy has advised that the Buru Energy/Mitsubishi Corp Joint Venture has been granted the production licences for it's Ungani oil field in WA’s Kimberley region.
Australia: Origin Energy's Yolla-5 development well reaches TD
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited has advised that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the Yolla-5 development well has reached TD after successfully intersecting the primary reservoir targets located in the Paleocene EVCM sands.
AWE Limited has advised that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the Yolla-5 development well has reached TD after successfully intersecting the primary reservoir targets located in the Paleocene EVCM sands.
Indonesia expects Total to decide on Mahakam within days
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
French oil firm Total will decide how large a stake it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block within days, the country's energy minister said on Friday.
French oil firm Total will decide how large a stake it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block within days, the country's energy minister said on Friday.
Friday 3 July 2015
Indonesia: Cooper Energy to drill Bunian-4 appraisal well, South Sumatra, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has rescheduled its drilling plans for the Sukananti KSO, South Sumatra, Indonesia to prioritise the drilling of the Bunian-4 appraisal well, following analysis of the results of the successful Bunian-3 ST2 well.
Cooper Energy has rescheduled its drilling plans for the Sukananti KSO, South Sumatra, Indonesia to prioritise the drilling of the Bunian-4 appraisal well, following analysis of the results of the successful Bunian-3 ST2 well.
Thursday 2 July 2015
Australia: Technip Samsung Consortium awarded contracts for the Browse FLNG project
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Technip Samsung Consortium was awarded two contracts by Shell for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside.
Technip Samsung Consortium was awarded two contracts by Shell for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside.
Australia: Karoon and Quadrant to drill Levitt-1 exploration well in WA-482-P, Carnarvon Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Karoon Gas Australia reports that the Ocean America semi-submersible drilling rig is currently mobilising to location, with the Levitt-1 exploration well expected to spud during the first week of July.
Karoon Gas Australia reports that the Ocean America semi-submersible drilling rig is currently mobilising to location, with the Levitt-1 exploration well expected to spud during the first week of July.
PNG: Elk-Antelope joint venture selects LNG project sites
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea.
InterOil Corp and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea.
Wednesday 1 July 2015
Philippines: Otto Energy preparing to spud Hawkeye exploration well
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Otto Energy has isued Maersk Drilling with formal notice in respect of the mobilisation of the Maersk Venturer drill ship to the Hawkeye-1 exploration well location, offshore Philippines.
Otto Energy has isued Maersk Drilling with formal notice in respect of the mobilisation of the Maersk Venturer drill ship to the Hawkeye-1 exploration well location, offshore Philippines.
Tuesday 30 June 2015
Australia: Browse FLNG development enters FEED phase
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Woodside, as a participant in the Browse FLNG Development, has advised that agreement has been reached to enter the front-end engineering and design (FEED) phase for the proposed development.
Woodside, as a participant in the Browse FLNG Development, has advised that agreement has been reached to enter the front-end engineering and design (FEED) phase for the proposed development.
Indonesia: Eni signs LNG sale & purchase agreements with Pertamina for Jangkrik field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Eni, together with its partners ENGIE and Saka Energi Muara Bakau, signed two agreements with Pertamina (PERSERO) for the purchase and sale of LNG coming from Jangkrik Fields Development Project.
Eni, together with its partners ENGIE and Saka Energi Muara Bakau, signed two agreements with Pertamina (PERSERO) for the purchase and sale of LNG coming from Jangkrik Fields Development Project.
China: CNOOC's Bozhong 28/34 oilfields comprehensive adjustment project commences production
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited announced Tuesday that its Bozhong 28/34 oilfields comprehensive adjustment project has commenced production. The Bozhong 28/34 oilfields are located in Bohai.
CNOOC Limited announced Tuesday that its Bozhong 28/34 oilfields comprehensive adjustment project has commenced production. The Bozhong 28/34 oilfields are located in Bohai.
Sunday 28 June 2015
India: Oilex commences Cambay-73 gas sales
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced the commencement of gas sales from Cambay-73 into the low pressure local market near the Cambay Field. Average daily production from Cambay-73 is ~ 50.5 boepd including condensate.
Oilex has announced the commencement of gas sales from Cambay-73 into the low pressure local market near the Cambay Field. Average daily production from Cambay-73 is ~ 50.5 boepd including condensate.
Australia/US: New Standard Energy sells US and Cooper Basin assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
New Standard Energy has reached agreement with Sundance Energy for the sale to Sundance of New Standard’s United States and Cooper Basin assets for total consideration of approx. A$24M.
New Standard Energy has reached agreement with Sundance Energy for the sale to Sundance of New Standard’s United States and Cooper Basin assets for total consideration of approx. A$24M.
Australia: AWE spuds Waitsia-2 appraisal well in the Perth Basin, Western Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well has commenced drilling operations. The well is the last of a three well drilling program planned for the Perth Basin in 2015.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-2 appraisal well has commenced drilling operations. The well is the last of a three well drilling program planned for the Perth Basin in 2015.
Friday 26 June 2015
Philippines: Red Emperor Resources announces fund raising to drill offshore Philippines
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Red Emperor Resources has announced an oversubscribed placing to raise £2.88 million (A$5.76m) before expenses. Proceeds from the raise and existing cash resources will principally be used to fund the upcoming drilling and potential appraisal activities in the Philippines
Red Emperor Resources has announced an oversubscribed placing to raise £2.88 million (A$5.76m) before expenses. Proceeds from the raise and existing cash resources will principally be used to fund the upcoming drilling and potential appraisal activities in the Philippines
Thursday 25 June 2015
New Zealand: Kea Petroleum announces disposal of assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kea Petroleum has announced the disposal of assets and new investment policy and a share reorganisation. The Company will also seek to lift the suspension of it New Ordinary Shares to trading on AIM.
Kea Petroleum has announced the disposal of assets and new investment policy and a share reorganisation. The Company will also seek to lift the suspension of it New Ordinary Shares to trading on AIM.
Japan: INPEX discovers new oil in Minami-Kuwayama oil field in Niigata Prefecture, Japan
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
NPEX announced earlier this week that it has discovered a new oil column at a depth of around 3,900m as a result of exploration drilling in the Minami-Kuwayama oil field in Niigata Prefecture.
NPEX announced earlier this week that it has discovered a new oil column at a depth of around 3,900m as a result of exploration drilling in the Minami-Kuwayama oil field in Niigata Prefecture.
Indonesia: Sefton Resources signs agreement to look for production assets in Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Sefton Resources has entered into a development agreement with UTAS Petroleum Services to explore a potential transaction involving producing oil and gas assets in Indonesia.
Sefton Resources has entered into a development agreement with UTAS Petroleum Services to explore a potential transaction involving producing oil and gas assets in Indonesia.
Australia: Buru Energy's Olympic-1 well in EP473 disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy reports that no significant hydrocarbons were encountered in the Olympic-1 well in EP473 and the well, which is the second well to be drilled as part of the Apache Onshore Holdings farm-in, is being plugged and abandoned.
Buru Energy reports that no significant hydrocarbons were encountered in the Olympic-1 well in EP473 and the well, which is the second well to be drilled as part of the Apache Onshore Holdings farm-in, is being plugged and abandoned.
Tuesday 23 June 2015
Australia: Woodside offered Browse retention lease renewals
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from the Commonwealth-Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum.
Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from the Commonwealth-Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum.
Monday 22 June 2015
Carlyle Group commits up to $500 million to Magna Energy with focus on oil and gas opportunities across South Asia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Carlyle Group has announced that it is committing an equity line up to $500 million in Magna Energy. Magna is targeting the building of acreage positions in the Indian Subcontinent, with the objective of creating a full-cycle oil & gas company through acquisitions and local licensing rounds.
The Carlyle Group has announced that it is committing an equity line up to $500 million in Magna Energy. Magna is targeting the building of acreage positions in the Indian Subcontinent, with the objective of creating a full-cycle oil & gas company through acquisitions and local licensing rounds.
PNG: Heritage Oil spuds Kwila-1 farm-in well in PPL 337
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Kina Petroleum has announced the spud of the Kwila-1 exploration well in PPL 337. Kwila-1 is operated by Heritage Oil under a farmout agreement between Heritage and KPL, whereby Heritage will carry KPL through the drilling and, if appropriate, testing of 2 wells.
JV partner Kina Petroleum has announced the spud of the Kwila-1 exploration well in PPL 337. Kwila-1 is operated by Heritage Oil under a farmout agreement between Heritage and KPL, whereby Heritage will carry KPL through the drilling and, if appropriate, testing of 2 wells.
Mongolia: Petro Matad announces status of Central Mongolia Blocks IV and V farmout and operational update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petro Matad has announced that the final condition to the farm-out of Central Mongolia Blocks IV and V becoming unconditional has been waived by BG Group. The farm-out has therefore achieved unconditional status.
Petro Matad has announced that the final condition to the farm-out of Central Mongolia Blocks IV and V becoming unconditional has been waived by BG Group. The farm-out has therefore achieved unconditional status.
Sunday 21 June 2015
Australia: TGS announces participation in Monument 3D survey offshore Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
TGS has announced its participation in the 2,500 km² Monuments 3D survey. The survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
TGS has announced its participation in the 2,500 km² Monuments 3D survey. The survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
Indonesia: NuEnergy Gas spuds CBM exploration well on the Rengat PSC, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
ASX-listed NuEnergy Gas has announced the commencement of drilling for the first exploratory well RE-CBM-01CE at the Rengat Production Sharing Contract tenement in Central Sumatra, Indonesia.
ASX-listed NuEnergy Gas has announced the commencement of drilling for the first exploratory well RE-CBM-01CE at the Rengat Production Sharing Contract tenement in Central Sumatra, Indonesia.
Friday 19 June 2015
Indonesia: Total and Inpex to share 30 pct stake in Indonesia's Mahakam gas block
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia will give Total a 30 percent stake in the offshore Mahakam oil and gas block to share with Japan's Inpex once the French major's operatorship of Indonesia's top gas producing field expires in December 2017, the country's energy minister said on Friday.
Indonesia will give Total a 30 percent stake in the offshore Mahakam oil and gas block to share with Japan's Inpex once the French major's operatorship of Indonesia's top gas producing field expires in December 2017, the country's energy minister said on Friday.
Thursday 18 June 2015
NEW
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Russia's Energy Minister Alexander Novak said on Thursday that Arctic offshore drilling planned for this year will be postponed until 2016 or later.
Russia's Energy Minister Alexander Novak said on Thursday that Arctic offshore drilling planned for this year will be postponed until 2016 or later.
Thailand: Mubadala Petroleum starts production at its third oil field in Thailand
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mubadala Petroleum has announced that production at its Nong Yao oil field, located in the southern Gulf of Thailand, commenced on 17 June. Production is expected to reach a peak rate of approx. 10,000 bopd as more production wells are completed.
Mubadala Petroleum has announced that production at its Nong Yao oil field, located in the southern Gulf of Thailand, commenced on 17 June. Production is expected to reach a peak rate of approx. 10,000 bopd as more production wells are completed.
Wednesday 17 June 2015
Vietnam: PetroVietnam acquires Chevron's Vietnam upstream assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Chevron has closed the sale of its stake in exploration blocks and a pipeline project in Vietnam to state-run PetroVietnam, for an undisclosed amount of money. The move represents Chevron's exit from Vietnam's upstream oil and gas sector, as the oil major trims its global portfolio.
Chevron has closed the sale of its stake in exploration blocks and a pipeline project in Vietnam to state-run PetroVietnam, for an undisclosed amount of money. The move represents Chevron's exit from Vietnam's upstream oil and gas sector, as the oil major trims its global portfolio.
Malaysia: Wood Group secures KPOC pipeline contract
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Wood Group Kenny will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia.
Wood Group Kenny will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia.
Malaysia: MEO Australia signs cooperation agreement with Brooke for Malaysia opportunities
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia and Malaysian based Brooke Dockyard & Engineering Work Corp have signed an agreement to form a consortium to cooperate to identify and jointly bid on oil and gas exploration and development opportunities within Sarawak and the whole of Malaysia.
MEO Australia and Malaysian based Brooke Dockyard & Engineering Work Corp have signed an agreement to form a consortium to cooperate to identify and jointly bid on oil and gas exploration and development opportunities within Sarawak and the whole of Malaysia.
Tuesday 16 June 2015
PNG: Papua New Guinea to reallocate around 20 energy licences - minister
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Papua New Guinea could reallocate as many as 20 of its energy licences, many of them in the upstream business with major players standing ready to snap them up, the country's minister of petroleum and energy said on Tuesday.
Papua New Guinea could reallocate as many as 20 of its energy licences, many of them in the upstream business with major players standing ready to snap them up, the country's minister of petroleum and energy said on Tuesday.
Monday 15 June 2015
Australia: AWE reports Waitsia-1 results confirm further upside potential in Waitsia gas field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE has advised that wireline log and pressure data from the Waitsia-1 appraisal well confirm a 95m gross gas column across three conventional reservoir intervals in the Waitsia field, confirming initial results from the discovery well (Senecio-3) and identifying substantial upside potential.
AWE has advised that wireline log and pressure data from the Waitsia-1 appraisal well confirm a 95m gross gas column across three conventional reservoir intervals in the Waitsia field, confirming initial results from the discovery well (Senecio-3) and identifying substantial upside potential.
PNG: InterOil spuds Triceratops-3 in PRL 39, Papua New Guinea
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp has started drilling the Triceratops-3 appraisal well in Petroleum Retention License 39 in the Gulf Province of Papua New Guinea. Triceratops-3 targets additional volumes north-west of previous appraisal wells and is a potential tie-back candidate to Elk-Antelope.
InterOil Corp has started drilling the Triceratops-3 appraisal well in Petroleum Retention License 39 in the Gulf Province of Papua New Guinea. Triceratops-3 targets additional volumes north-west of previous appraisal wells and is a potential tie-back candidate to Elk-Antelope.
Sunday 14 June 2015
Australia: Meo Australia announces Mosman takeover offer unsuccessful
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia notes that the offer by Mosman Oil and Gas to acquire all of the fully paid ordinary shares in MEO expired on 12th June 2015. Mosman’s offer, which was not recommended by the MEO Board, has been unsuccessful.
MEO Australia notes that the offer by Mosman Oil and Gas to acquire all of the fully paid ordinary shares in MEO expired on 12th June 2015. Mosman’s offer, which was not recommended by the MEO Board, has been unsuccessful.
India: Vedanta and Cairn India to merge
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Vedanta, Cairn India and Vedanta Resources have announced a merger between Vedanta and Cairn India, consolidating Vedanta's position as India’s leading diversified natural resources champion.
Vedanta, Cairn India and Vedanta Resources have announced a merger between Vedanta and Cairn India, consolidating Vedanta's position as India’s leading diversified natural resources champion.
Thursday 11 June 2015
Australia: IPB Petroleum granted extension to its WA-471-P exploration permit, offshore Browse Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
IPB Petroleum has advised that the Company’s application for a 12 month Suspension and Extension to the WA-471-P exploration permit work programme has been approved by the Commonwealth–Western Australia Joint Authority.
IPB Petroleum has advised that the Company’s application for a 12 month Suspension and Extension to the WA-471-P exploration permit work programme has been approved by the Commonwealth–Western Australia Joint Authority.
Australia: Buru Energy fails to encounter commercial hydrocarbons at Olympic-1 in EP473 - drilling ahead to secondary target
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has provided an update on drilling operations at the Olympic-1 well in EP473. Wireline log interpretation confirmed that there were no significant hydrocarbons in the Willara Formation, which was the primary objective.
Buru Energy has provided an update on drilling operations at the Olympic-1 well in EP473. Wireline log interpretation confirmed that there were no significant hydrocarbons in the Willara Formation, which was the primary objective.
Indonesia: Energy majors to reduce output in Indonesia in 2016 - regulator
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Global energy companies are expected to continue to reduce oil and gas production in Indonesia in 2016, the country's upstream energy regulator (SKKMigas) said on Thursday, as Southeast Asia's largest economy increasingly turns to imports to feed escalating fuel demand.
Global energy companies are expected to continue to reduce oil and gas production in Indonesia in 2016, the country's upstream energy regulator (SKKMigas) said on Thursday, as Southeast Asia's largest economy increasingly turns to imports to feed escalating fuel demand.
China: CNOOC Ltd starts production at Dongfang 1-1 gas field
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited has announced that the Dongfang 1-1 gas field Phase I adjustment project has commenced production ahead of schedule. The Dongfang 1-1 gas field is located in Yinggehai Basin of the Beibu Gulf in the South China Sea.
CNOOC Limited has announced that the Dongfang 1-1 gas field Phase I adjustment project has commenced production ahead of schedule. The Dongfang 1-1 gas field is located in Yinggehai Basin of the Beibu Gulf in the South China Sea.
Australia: Drillsearch announces new discovery at Moonanga South-1 in JV with Santos
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Drillsearch Energy reports that the Wet Gas joint venture with Santos in the Western Wet Gas Fairway successfully drilled the eighth and final well of the FY2015 campaign, with Moonanga South-1 becoming the joint venture’s seventh discovery of the financial year.
Drillsearch Energy reports that the Wet Gas joint venture with Santos in the Western Wet Gas Fairway successfully drilled the eighth and final well of the FY2015 campaign, with Moonanga South-1 becoming the joint venture’s seventh discovery of the financial year.
Wednesday 10 June 2015
Mongolia: Petro Matad receives approval for farmout of Blocks IV and V in Central Mongolia to BG Group
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Petro Matad has announced that the Government of Mongolia has formally approved the farmout of a portion of Petro Matad's participating interests in Blocks IV and V in Central Mongolia to BG Group.
Petro Matad has announced that the Government of Mongolia has formally approved the farmout of a portion of Petro Matad's participating interests in Blocks IV and V in Central Mongolia to BG Group.
Chinese NOCs considering all options amid gas supply glut - Wood Mackenzie
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Just 12 months ago, the Chinese gas market looked set to continue its relentless pace of growth, which averaged over 15% annually during the previous decade. However, due to a range of underlying factors, demand growth for 2014 reached just over 5%.
Just 12 months ago, the Chinese gas market looked set to continue its relentless pace of growth, which averaged over 15% annually during the previous decade. However, due to a range of underlying factors, demand growth for 2014 reached just over 5%.
PNG: InterOil resumes drilling at Wahoo in PPL 474
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp has resumed drilling at Wahoo with the Wahoo-1 side-track exploration well in Petroleum Prospecting License 474 in the Gulf Province of Papua New Guinea. The well is the follow-up to Wahoo-1 which was suspended in July 2014 due to higher-than-expected pressures.
InterOil Corp has resumed drilling at Wahoo with the Wahoo-1 side-track exploration well in Petroleum Prospecting License 474 in the Gulf Province of Papua New Guinea. The well is the follow-up to Wahoo-1 which was suspended in July 2014 due to higher-than-expected pressures.
Tuesday 9 June 2015
China: Antonoil wins bid for tight oil development services in China
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Anton Oilfield Services Group, the leading independent oilfield services provider in China, has won a bid for the provision of tight oil development services covering horizontal well drilling and fracturing integration for two well projects in northwestern China.
Anton Oilfield Services Group, the leading independent oilfield services provider in China, has won a bid for the provision of tight oil development services covering horizontal well drilling and fracturing integration for two well projects in northwestern China.
Monday 8 June 2015
Philippines: Kairiki Energy provides update on sale of Philippines assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kairiki Energy has advised that it has terminated the binding term sheet with Focus Oil and Gas for the disposal of its entire interest in the share capital of Yilgarn Petroleum Philippines due to the non-satisfaction of conditions precedent.
Kairiki Energy has advised that it has terminated the binding term sheet with Focus Oil and Gas for the disposal of its entire interest in the share capital of Yilgarn Petroleum Philippines due to the non-satisfaction of conditions precedent.
Australia: Carnarvon Petroleum provides update on Phoenix Area exploration plans
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Carnarvon Petroleum has provided an update on work being undertaken and planned in the WA-435-P, WA-436-P, WA-437-P and WA-438-P exploration permits, collectively referred to as 'the Phoenix Blocks', located in the North West Shelf of Western Australia.
JV partner Carnarvon Petroleum has provided an update on work being undertaken and planned in the WA-435-P, WA-436-P, WA-437-P and WA-438-P exploration permits, collectively referred to as 'the Phoenix Blocks', located in the North West Shelf of Western Australia.
Australia: Key Petroleum's Dunnart-2 well test disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, Operator of EP437, has announced that testing operations have been completed. No commercial hydrocarbons flowed to surface and as a consequence the well has been decommissioned.
Key Petroleum, Operator of EP437, has announced that testing operations have been completed. No commercial hydrocarbons flowed to surface and as a consequence the well has been decommissioned.
Sunday 7 June 2015
India: Oilex announces completion of Cambay-73 pipeline and pre-commissioning
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced that the laying of the pipeline has been completed, with tie in to the production facilities expected to be completed shortly. The Cambay-73 oil and gas production facilities have finished pre-commissioning and are now ready for commissioning and start-up.
Oilex has announced that the laying of the pipeline has been completed, with tie in to the production facilities expected to be completed shortly. The Cambay-73 oil and gas production facilities have finished pre-commissioning and are now ready for commissioning and start-up.
Vietnam: Mitra Energy commences 3D seismic acquisition in Block 127, offshore Vietnam
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mitra Energy has commenced 3D seismic survey acquisition operations in the Block 127 PSC area, offshore Vietnam. The 3D seismic survey will fulfil the PSC Exploration Phase One extension 3D seismic survey acquisition commitment of 500 full-fold sq kms.
Mitra Energy has commenced 3D seismic survey acquisition operations in the Block 127 PSC area, offshore Vietnam. The 3D seismic survey will fulfil the PSC Exploration Phase One extension 3D seismic survey acquisition commitment of 500 full-fold sq kms.
Australia: AWE provides Waitsia-1 appraisal well drilling update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advised Friday that the Waitsia-1 appraisal well was at 3,367m MDRT and was completing coring operations before drilling ahead to the planned TD of 4,050m. Two sections of core were cut in the primary target, the Kingia and High Cliff Sandstones.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, advised Friday that the Waitsia-1 appraisal well was at 3,367m MDRT and was completing coring operations before drilling ahead to the planned TD of 4,050m. Two sections of core were cut in the primary target, the Kingia and High Cliff Sandstones.
Australia: Apache completes sale of Australian operations
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Apache Corp announced Friday it has completed the previously disclosed sale of its Australian subsidiary Apache Energy to a consortium of private equity funds. Total proceeds of $1.9 billion are net of $225 million in customary, post-closing adjustments.
Apache Corp announced Friday it has completed the previously disclosed sale of its Australian subsidiary Apache Energy to a consortium of private equity funds. Total proceeds of $1.9 billion are net of $225 million in customary, post-closing adjustments.
Friday 5 June 2015
Indonesia: Northcote Energy announces strategic Relationship to examine Indonesian oil and gas opportunities
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AIM-listed Northcote Energy has added to its portfolio of high impact interests through entering into a Participation Agreement and equity investment in CEB Resources, the AIM listed investment vehicle focused on resource opportunities.
AIM-listed Northcote Energy has added to its portfolio of high impact interests through entering into a Participation Agreement and equity investment in CEB Resources, the AIM listed investment vehicle focused on resource opportunities.
Thursday 4 June 2015
Indonesia hopes to rejoin OPEC by year-end
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia hopes to rejoin OPEC by the oil producer group's next meeting in around six months' time, Energy Minister Sudirman Said said on Thursday.
Indonesia hopes to rejoin OPEC by the oil producer group's next meeting in around six months' time, Energy Minister Sudirman Said said on Thursday.
Australia: Galilee to acquire 100% of ATP 529P in deal with AGL Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Galilee Energy has announced that AGL Energy has agreed to transfer its 50% interest in ATP 529P to Galilee. The permit contains the Glenaras coal seeam gas project.
Galilee Energy has announced that AGL Energy has agreed to transfer its 50% interest in ATP 529P to Galilee. The permit contains the Glenaras coal seeam gas project.
PNG: Kina Petroleum's Raintree-1 well in PPL 337 disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kina Petroleum has drilled the Raintree-1 well in PPL 337 to a TD of 1,150 metres. Logging has confirmed that the objective section contains volcanic/igneous formations and does not host hydrocarbons.
Kina Petroleum has drilled the Raintree-1 well in PPL 337 to a TD of 1,150 metres. Logging has confirmed that the objective section contains volcanic/igneous formations and does not host hydrocarbons.
Wednesday 3 June 2015
Australia: Central Petroleum acquires 50% of Mereenie oil and gas field and operatorship from Santos
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Central Petroleum has agreed to acquire to acquire a 50% interest in the Mereenie oil & gas field from Santos and assume Operatorship of the field in the Northern Territory’s Amadeus Basin.
Central Petroleum has agreed to acquire to acquire a 50% interest in the Mereenie oil & gas field from Santos and assume Operatorship of the field in the Northern Territory’s Amadeus Basin.
India: Mercator Petroleum makes oil discovery with first well in Cambay Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mercator Petroleum has made its first oil discovery with the Jyoti-1 well in the Cambay Basin. The well was the first well drilled by Mercator and was located in block CB-ONN-2005/9.
Mercator Petroleum has made its first oil discovery with the Jyoti-1 well in the Cambay Basin. The well was the first well drilled by Mercator and was located in block CB-ONN-2005/9.
Australia: Norwest Energy in strategic alliance with Rey Resources to explore for strategic opportunities over Perth Basin assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Norwest Energy has formed a strategic alliance with Rey Resources to investigate opportunities to further develop the interests held by Norwest in the northern Perth Basin.
Norwest Energy has formed a strategic alliance with Rey Resources to investigate opportunities to further develop the interests held by Norwest in the northern Perth Basin.
Australia: BG Group completes sale of QCLNG pipeline
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG Group, a world leader in exploration and LNG, has completed the sale of its wholly-owned 543 km pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas (QCLNG) export facility to APA Group.
BG Group, a world leader in exploration and LNG, has completed the sale of its wholly-owned 543 km pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas (QCLNG) export facility to APA Group.
Cambodia: Mirach signs agreement with Landocean to explore Cambodia Offshore Block D
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Mirach Energy’s associated company, CPHL Cambodia (CPHLC) has signed a Project Cooperation Agreement for Cambodia Offshore Block D with two subsidiaries of Shenzhen-listed Landocean Energy Services.
Mirach Energy’s associated company, CPHL Cambodia (CPHLC) has signed a Project Cooperation Agreement for Cambodia Offshore Block D with two subsidiaries of Shenzhen-listed Landocean Energy Services.
Tuesday 2 June 2015
Australia: Key Petroleum commences Dunnart-2 completion operations
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, operator of EP437, has announced that all equipment has now arrived at the Dunnart-2 site and BOP testing has been completed. Conditioning of the hole and completion operations are expected to take place over the next few days prior to commencement of the testing phase.
Key Petroleum, operator of EP437, has announced that all equipment has now arrived at the Dunnart-2 site and BOP testing has been completed. Conditioning of the hole and completion operations are expected to take place over the next few days prior to commencement of the testing phase.
Australia: Rey Resources completes acquisition of 50% interest in the Derby Block and initiates JV with Oil Basins
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Rey Resources has completed the acquisition of a 50% participating interest in EP487 ('the Derby Block') from Backreef Oil. The Company has also entered into a JOA with Oil Basins, holder of the remaining 50% interest, for the operation of exploration programmes on the Derby Block, located in the Canning Basin of Western Australia.
Rey Resources has completed the acquisition of a 50% participating interest in EP487 ('the Derby Block') from Backreef Oil. The Company has also entered into a JOA with Oil Basins, holder of the remaining 50% interest, for the operation of exploration programmes on the Derby Block, located in the Canning Basin of Western Australia.
Australia: IPB Petroleum provides update on proposed WA-424-P farmout
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
IPB Petroleum introduced its upcoming WA-424-P farmout to industry participants at the PESA deal day at the APPEA conference in May. As part of a farmout process IPB will be seeking to obtain a carried interest in the drilling of an exploration well on the Idris Prospect.
IPB Petroleum introduced its upcoming WA-424-P farmout to industry participants at the PESA deal day at the APPEA conference in May. As part of a farmout process IPB will be seeking to obtain a carried interest in the drilling of an exploration well on the Idris Prospect.
Friday 29 May 2015
Indonesia: Pertamina proposes to take over Sanga-Sanga oil block
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia's state oil and gas company Pertamina has put forward a proposal for it to take over the Sanga-Sanga oil block. The block currently produces 16,733 barrels of oil per day and is operated by VICO Indonesia, whose contract is due to expire in 2018.
Indonesia's state oil and gas company Pertamina has put forward a proposal for it to take over the Sanga-Sanga oil block. The block currently produces 16,733 barrels of oil per day and is operated by VICO Indonesia, whose contract is due to expire in 2018.
Thursday 28 May 2015
Australia: Falcon Oil & Gas announces commencement of drilling operations in the Beetaloo Basin, Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Falcon Oil & Gas has announced that drilling operations have commenced on its initial three well fully funded drilling campaign in the Beetaloo Basin, in the Northern territory of Australia.
Falcon Oil & Gas has announced that drilling operations have commenced on its initial three well fully funded drilling campaign in the Beetaloo Basin, in the Northern territory of Australia.
Australia: AWE's Waitsia-1 appraisal well encounters gas shows in secondary target
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, reports that the Waitsia-1 appraisal well has encountered elevated gas shows in the Dongara Sandstone, a secondary target.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, reports that the Waitsia-1 appraisal well has encountered elevated gas shows in the Dongara Sandstone, a secondary target.
Australia: Key Petroleum provides update on Dunnart-2 completion and testing
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, operator of EP437, has announced that all Drilling Contractors of Australia (DCA) Rig 6 drilling equipment has now arrived at the Dunnart-2 site.
Key Petroleum, operator of EP437, has announced that all Drilling Contractors of Australia (DCA) Rig 6 drilling equipment has now arrived at the Dunnart-2 site.
Wednesday 27 May 2015
Indonesia: Lofin-2 flows gas - confirms material discovery
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Lion Energy reports that the CITIC-operated Lofin-2 appraisal well has tested gas at up to 17.8 mmcfpd from the Manusela limestone. Results support a gas column of at least 1106m, and up to 1300m.
JV partner Lion Energy reports that the CITIC-operated Lofin-2 appraisal well has tested gas at up to 17.8 mmcfpd from the Manusela limestone. Results support a gas column of at least 1106m, and up to 1300m.
China: CNOOC announces Eastern South China Sea discovery
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited has announced a mid-sized discovery at Liuhua 20-2 in the Eastern South China Sea. The Liuhua 20-2 structure is located in the Northern Slope Belt of the Baiyun Sag in the Pearl River Mouth Basin of the South China Sea.
CNOOC Limited has announced a mid-sized discovery at Liuhua 20-2 in the Eastern South China Sea. The Liuhua 20-2 structure is located in the Northern Slope Belt of the Baiyun Sag in the Pearl River Mouth Basin of the South China Sea.
Tuesday 26 May 2015
China's CNPC makes first tight oil find over 100 million tonnes
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Chinese state-owned energy giant China National Petroleum Corp (CNPC) has discovered more than 100 million tonnes of tight oil geological reserves in its Changqing field, a company-run newspaper said on Tuesday.
Chinese state-owned energy giant China National Petroleum Corp (CNPC) has discovered more than 100 million tonnes of tight oil geological reserves in its Changqing field, a company-run newspaper said on Tuesday.
Monday 25 May 2015
New Zealand: Kea Petroleum provides update on funding and suspension of trading
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kea Petroleum reports that it has not secured the required funding to develop the Shannon Prospect in New Zealand and has requested a suspension of its shares to trading on AIM pending clarification of its financial position.
Kea Petroleum reports that it has not secured the required funding to develop the Shannon Prospect in New Zealand and has requested a suspension of its shares to trading on AIM pending clarification of its financial position.
Indonesia: Pacific Oil & Gas receives approval for Kisaran development in Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner New Zealand Oil & Gas reports that operator Pacific Oil & Gas has received ministerial approval for a Plan of Development of the Kisaran Production Sharing Contract in Sumatra, Indonesia.
JV partner New Zealand Oil & Gas reports that operator Pacific Oil & Gas has received ministerial approval for a Plan of Development of the Kisaran Production Sharing Contract in Sumatra, Indonesia.
New Zealand: Cue Energy reports production start at the Maari MR7A development well
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cue Energy has announced that production from the Maari MR7A development well has been brought on stream, with a provisional initial production rate between 1,500-2,000 barrels of oil per day.
Cue Energy has announced that production from the Maari MR7A development well has been brought on stream, with a provisional initial production rate between 1,500-2,000 barrels of oil per day.
Indonesia signs 12 Oil & Gas Cooperation Contracts
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
On Friday, the Indonesian government signed 12 Cooperation Contracts for Oil and Gas that consisted of eight Conventional Migas Working Areas (WK Conventional Migas) and four Non Conventional Oil and Gas Working Areas (WK MNK).
On Friday, the Indonesian government signed 12 Cooperation Contracts for Oil and Gas that consisted of eight Conventional Migas Working Areas (WK Conventional Migas) and four Non Conventional Oil and Gas Working Areas (WK MNK).
Indonesia to auction more oil and gas blocks this year
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia's Energy and Mineral Resources Ministry will tender 10 oil and gas blocks in a new bidding round this year to supplement new working contracts secured earlier this year in a bid to increase output despite a waning investment-appetite.
Indonesia's Energy and Mineral Resources Ministry will tender 10 oil and gas blocks in a new bidding round this year to supplement new working contracts secured earlier this year in a bid to increase output despite a waning investment-appetite.
Sunday 24 May 2015
Australia: Cooper Energy reports progress on the Sole gas field development, offshore Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy reports that the acquisition of a 50% interest in the Sole gas field and Orbost Gas Plant announced on 15 December 2014 has been completed with the project entering Front End Engineering and Design (FEED).
Cooper Energy reports that the acquisition of a 50% interest in the Sole gas field and Orbost Gas Plant announced on 15 December 2014 has been completed with the project entering Front End Engineering and Design (FEED).
Australia: Beach Energy's Sensation-1 well in the Cooper Basin disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Cooper Energy reports that the Beach Energy-operated Sensation-1 exploration well, located in PRL 98, Cooper Basin, South Australia, is being plugged and abandoned. No oil shows were recorded in the well.
JV partner Cooper Energy reports that the Beach Energy-operated Sensation-1 exploration well, located in PRL 98, Cooper Basin, South Australia, is being plugged and abandoned. No oil shows were recorded in the well.
Indonesia: PETRONAS achieves first oil from the Bukit Tua field, offshore Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
PETRONAS reached a significant milestone in its upstream operations in Indonesia with the first oil achieved from the Bukit Tua field on 17 May 2015. The field is located in the Ketapang Block approx. 110km offshore East Java.
PETRONAS reached a significant milestone in its upstream operations in Indonesia with the first oil achieved from the Bukit Tua field on 17 May 2015. The field is located in the Ketapang Block approx. 110km offshore East Java.
Friday 22 May 2015
New Zealand Energy relinquishes East Coast permit PEP52976
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
New Zealand Energy Corp has announced that the Company has relinquished PEP52976 (East Cape) in the East Coast Basin of New Zealand’s North Island.
New Zealand Energy Corp has announced that the Company has relinquished PEP52976 (East Cape) in the East Coast Basin of New Zealand’s North Island.
Thursday 21 May 2015
Australia: Apache spuds Olympic-1 farm-in well in Buru Energy's EP 473 permit
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has advised that its extensive 2015 exploration drilling program has commenced with the spudding of the Olympic 1 conventional oil well located southeast of Broome in Western Australia. Olympic-1 is the second well to be drilled as part of a farmout agreement with Apache.
Buru Energy has advised that its extensive 2015 exploration drilling program has commenced with the spudding of the Olympic 1 conventional oil well located southeast of Broome in Western Australia. Olympic-1 is the second well to be drilled as part of a farmout agreement with Apache.
NZ/Vietnam: Pan Pacific Petroleum selling New Zealand and Vietnam assets
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Pan Pacific Petroleum, the subject of an on-market takeover bid by Zeta Energy, has advised that the Company will seek offers for the purchase of its interest in the Tui oil project in New Zealand and the CRD development project in Vietnam.
Pan Pacific Petroleum, the subject of an on-market takeover bid by Zeta Energy, has advised that the Company will seek offers for the purchase of its interest in the Tui oil project in New Zealand and the CRD development project in Vietnam.
Indonesia: NuEnergy Gas signs conditional agreement to acquire Coal Bed Methane PSCs from Dart Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
NuEnergy Gas has announced the signing of the conditional Share Purchase Agreement ('SPA') with Dart Energy International on 20 May 2015 to acquire 100% of the issued share capital of Dart Energy (Indonesia) Holdings.
NuEnergy Gas has announced the signing of the conditional Share Purchase Agreement ('SPA') with Dart Energy International on 20 May 2015 to acquire 100% of the issued share capital of Dart Energy (Indonesia) Holdings.
Australia: Key Petroleum preparing to test the Dunnart-2 well in EP437
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, operator of EP437, reports that the Drilling Contractors of Australia ('DCA') Rig 6 has arrived at the Dunnart-2 site in preparation for the commencement of completion and testing operations.
Key Petroleum, operator of EP437, reports that the Drilling Contractors of Australia ('DCA') Rig 6 has arrived at the Dunnart-2 site in preparation for the commencement of completion and testing operations.
Australia: BG Group assumes operational control of QCLNG and meets pre-conditions for pipeline sale
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
BG Group has announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group’s Australian subsidiary, from Bechtel Australia, which constructed the facility.
BG Group has announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group’s Australian subsidiary, from Bechtel Australia, which constructed the facility.
Wednesday 20 May 2015
Australia: MEO farms out WA-488-P to Rex International subsidiary
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia has announced the execution of final documentation to farmout of a 30% participating interest in the WA-488-P exploration permit to a wholly owned subsidiary of SGX-listed Rex International Holding.
MEO Australia has announced the execution of final documentation to farmout of a 30% participating interest in the WA-488-P exploration permit to a wholly owned subsidiary of SGX-listed Rex International Holding.
Tuesday 19 May 2015
Australia: Terra Nova terminates Cooper Basin farm-in with Holloman Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Holloman Energy reports that it has received notice that Terra Nova had terminated its Farm-In Agreement on Petroleum Exploration Licenses (PELs) 112 and 444.
Holloman Energy reports that it has received notice that Terra Nova had terminated its Farm-In Agreement on Petroleum Exploration Licenses (PELs) 112 and 444.
Pakistan: MOL Group announces new discovery in Pakistan and enters DG Khan Block
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MOL Group has announced a new commercial discovery at the MOL operated exploration well Mardan Khel-1 in the TAL Block. MOL has also signed a farm-in agreement for the DG Khan block in Pakistan, acquiring a 30% non-operating interest from Pakistan Oil Fields Limited.
MOL Group has announced a new commercial discovery at the MOL operated exploration well Mardan Khel-1 in the TAL Block. MOL has also signed a farm-in agreement for the DG Khan block in Pakistan, acquiring a 30% non-operating interest from Pakistan Oil Fields Limited.
Pakistan: Jura Energy's Ismail-1 well in the Guddu Block disappoints
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Jura Energy Corp has announced that the exploration well, Ismail-1, in the Guddu Block, onshore Pakistan, is being plugged and abandoned without testing, after failing to encounter hydrocarbons.
Jura Energy Corp has announced that the exploration well, Ismail-1, in the Guddu Block, onshore Pakistan, is being plugged and abandoned without testing, after failing to encounter hydrocarbons.
Indonesia: Cooper Energy announces Bunian field reserves assessment
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has made an assessment of the reserves in the Bunian field in the Tangai-Sukananti KSO in South Sumatra, Indonesia, following analysis of the results of the Bunian-3 ST2 well which was completed earlier this month.
Cooper Energy has made an assessment of the reserves in the Bunian field in the Tangai-Sukananti KSO in South Sumatra, Indonesia, following analysis of the results of the Bunian-3 ST2 well which was completed earlier this month.
Monday 18 May 2015
Australia: Oeca Energy completes sale of Cooper Basin assets to Senex Energy
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Orca Energy has advised that it has completed the sale of its Cooper Basin assets to Senex Energy. In total, the Company received just over AUD$2,000,000 for the sale of PPL 251, PRL 117 and PEL 110 (together the Cooper Basin Assets).
Orca Energy has advised that it has completed the sale of its Cooper Basin assets to Senex Energy. In total, the Company received just over AUD$2,000,000 for the sale of PPL 251, PRL 117 and PEL 110 (together the Cooper Basin Assets).
Australia: Cooper Energy and Beach Energy spud Sensation-1 exploration well in the Cooper Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy reports that Sensation-1, an oil exploration well located in PRL 98 on the western flank of the Cooper Basin, South Australia, spudded on Monday 18 May 2015. Sensation-1 will conclude the current three well drilling campaign.
Cooper Energy reports that Sensation-1, an oil exploration well located in PRL 98 on the western flank of the Cooper Basin, South Australia, spudded on Monday 18 May 2015. Sensation-1 will conclude the current three well drilling campaign.
Indonesia: Peak Oil & Gas announces extension to PSC Exploration Period South Block A, North Sumatra
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Peak Oil & Gas has announced that the Indonesian Ministry of Energy and Mineral Resources has approved a nineteen month extension to the Exploration Period of the South Block A Production Sharing Contract (PSC).
Peak Oil & Gas has announced that the Indonesian Ministry of Energy and Mineral Resources has approved a nineteen month extension to the Exploration Period of the South Block A Production Sharing Contract (PSC).
Sunday 17 May 2015
Australia announces 2015 Offshore Petroleum Exploration Acreage Release
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The 2015 Acreage Release comprises 29 areas located across 8 basins in Commonwealth waters. 23 areas are available for work program bidding and 6 areas are available for cash bidding.
The 2015 Acreage Release comprises 29 areas located across 8 basins in Commonwealth waters. 23 areas are available for work program bidding and 6 areas are available for cash bidding.
India looking to acquire oil assets abroad - oil minister
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
India is looking to buy oil assets abroad, the country's oil minister said on Friday, adding he was seeing increased engagement in the Latin American region. India is the world's fourth-biggest oil consumer, importing four-fifths of its needs as its own output shrinks.
India is looking to buy oil assets abroad, the country's oil minister said on Friday, adding he was seeing increased engagement in the Latin American region. India is the world's fourth-biggest oil consumer, importing four-fifths of its needs as its own output shrinks.
Friday 15 May 2015
Indonesia: Lion Energy continues testing Lofin-2 well despite operational challenges
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Lion Energy advises that the Lofin-2 appraisal well has reached a depth of 5861m MD. Ongoing operational issues involving stuck drill string have resulted in the decision to test a 437m open hole section of the Manusela Limestone.
Lion Energy advises that the Lofin-2 appraisal well has reached a depth of 5861m MD. Ongoing operational issues involving stuck drill string have resulted in the decision to test a 437m open hole section of the Manusela Limestone.
Australia: Icon Energy renews ATP 594 and announces new exploration program in the Cooper-Eromanga Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Icon Energy has announced the renewal of ATP 594 on the eastern flank of the Cooper-Eromanga Basin. The first stage of the exploration program in ATP 594 includes the acquisition of 3D seismic and the drilling of one well. Icon intends to farm out part of its 100% interest.
Icon Energy has announced the renewal of ATP 594 on the eastern flank of the Cooper-Eromanga Basin. The first stage of the exploration program in ATP 594 includes the acquisition of 3D seismic and the drilling of one well. Icon intends to farm out part of its 100% interest.
Thursday 14 May 2015
Australia: Queensland opens new areas open for competitive tender
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Surat, Cooper and Eromanga basins are key petroleum and gas producing regions and have significant deposits. More than 11,000km2 of land is available for competitive tender across two locations, incorporating 20 areas.
The Surat, Cooper and Eromanga basins are key petroleum and gas producing regions and have significant deposits. More than 11,000km2 of land is available for competitive tender across two locations, incorporating 20 areas.
Australia: AWE spuds Waitsia-1 appraisal well
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-1 appraisal well commenced drilling operations. The well is designed to further test the gas potential of the Waitsia field.
AWE Limited, the Operator of Permits L1/L2 in the Perth Basin, Western Australia, has advised that the Waitsia-1 appraisal well commenced drilling operations. The well is designed to further test the gas potential of the Waitsia field.
Australia: MEO renews AC/P50 & AC/P51 permits, offshore Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia has renewed the AC/P50 and AC/P51 exploration permits for a further five years. are located in the proven Vulcan Sub-basin, immediately to the east of the producing Montara oil field. MEO intends to seek funding partners prior undertaking exploratory drilling.
MEO Australia has renewed the AC/P50 and AC/P51 exploration permits for a further five years. are located in the proven Vulcan Sub-basin, immediately to the east of the producing Montara oil field. MEO intends to seek funding partners prior undertaking exploratory drilling.
India's planned west coast LNG plant attracts 4 initial bids
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
India Gas Solutions, a joint venture of Reliance Industries and BP, U.S.-based Excelerate Energy and Japan's Mitsui and Co have bid to build a gas import facility on India's west coast, a company official said.
India Gas Solutions, a joint venture of Reliance Industries and BP, U.S.-based Excelerate Energy and Japan's Mitsui and Co have bid to build a gas import facility on India's west coast, a company official said.
New Zealand: New TAG Oil pipeline nears completion - paves way for natural gas sales and field development
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oil and gas operator TAG Oil reports that pipeline construction connecting the Cheal-E development area to TAG’s main Cheal-A production infrastructure is nearly complete. The TAG-led, NZ$4.5 million (US$3.3 million) project was completed on budget and ahead of schedule.
Oil and gas operator TAG Oil reports that pipeline construction connecting the Cheal-E development area to TAG’s main Cheal-A production infrastructure is nearly complete. The TAG-led, NZ$4.5 million (US$3.3 million) project was completed on budget and ahead of schedule.
Timor Leste/Australia: Oilex JV receives termination notice for JPDA 06-103 PSC
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex, in its capacity as Operator of the JPDA 06-103 PSC, has received a Notice of Intent to Terminate the PSC from the ANP, which asserts a monetary claim against the JV for payment of the estimated cost of exploration activities not carried out.
Oilex, in its capacity as Operator of the JPDA 06-103 PSC, has received a Notice of Intent to Terminate the PSC from the ANP, which asserts a monetary claim against the JV for payment of the estimated cost of exploration activities not carried out.
Wednesday 13 May 2015
Myanmar will not launch new onshore or offshore bidding rounds this year
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Myanma Oil and Gas Enterprise (MOGE) will not launch any new onshore or offshore bidding rounds this year, and will focus instead on the development of recently contracted blocks, the state-owned enterprise said last week.
Myanma Oil and Gas Enterprise (MOGE) will not launch any new onshore or offshore bidding rounds this year, and will focus instead on the development of recently contracted blocks, the state-owned enterprise said last week.
Timor Leste/Australia: Oilex provides update on JPDA 06-103 dispute
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex, in its capacity as Operator, on behalf of the JV participants in the JPDA 06-103 Production Sharing Contract, has provided an update on its request to terminate the PSC by mutual agreement, due to developments which are outside the control and influence of the JV participants.
Oilex, in its capacity as Operator, on behalf of the JV participants in the JPDA 06-103 Production Sharing Contract, has provided an update on its request to terminate the PSC by mutual agreement, due to developments which are outside the control and influence of the JV participants.
Tuesday 12 May 2015
Australia: Cooper Basin reports successful oil appraisal well Callawonga-11 in the Cooper Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
JV partner Cooper Energy reports that Callawonga-11, an oil appraisal well operated by Beach Energy in PPL 220 on the western flank of the Cooper Basin, South Australia, is to be cased and suspended after reaching a total depth of 1,733 metres in the Hutton Sandstone.
JV partner Cooper Energy reports that Callawonga-11, an oil appraisal well operated by Beach Energy in PPL 220 on the western flank of the Cooper Basin, South Australia, is to be cased and suspended after reaching a total depth of 1,733 metres in the Hutton Sandstone.
Australia: Key Petroleum provides update on Dunnart-2 well test in the Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum, as Operator, has provided an update in relation to planned testing operations at Dunnart-2 in Exploration Permit EP437, Perth Basin, Western Australia.
Key Petroleum, as Operator, has provided an update in relation to planned testing operations at Dunnart-2 in Exploration Permit EP437, Perth Basin, Western Australia.
Australia: MEO Australia receives approval for six month extension to NT/P68
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia has advised that the National Offshore Petroleum Titles Administrator (NOPTA) has approved a six month suspension and extension to the current Permit Year 5 of NT/P68.
MEO Australia has advised that the National Offshore Petroleum Titles Administrator (NOPTA) has approved a six month suspension and extension to the current Permit Year 5 of NT/P68.
PNG: InterOil reports encouraging Elk-Antelope appraisal well underpins multi-train LNG development
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp reports promising appraisal results of the Elk-Antelope gas field in Papua New Guinea underpin a multi-train LNG project. InterOil Chief Executive Dr Michael Hession said well results from Antelope-5 had been very encouraging.
InterOil Corp reports promising appraisal results of the Elk-Antelope gas field in Papua New Guinea underpin a multi-train LNG project. InterOil Chief Executive Dr Michael Hession said well results from Antelope-5 had been very encouraging.
Monday 11 May 2015
Australia: INPEX commences oil production at Coniston oil field, Western Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
INPEX has commenced oil production from the Coniston oil field offshore Western Australia. The Coniston oil field covers an area of 45km2 saddling Blocks WA-35-L and WA-55-L and is operated by Apache.
INPEX has commenced oil production from the Coniston oil field offshore Western Australia. The Coniston oil field covers an area of 45km2 saddling Blocks WA-35-L and WA-55-L and is operated by Apache.
Indonesia: AziPac acquires 50% participating interest in North Madura PSC, offshore East Java, Indonesia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AziPac, the Seacrest Capital Group backed E&P company focussed on offshore exploration in the Asia Pacific region, has announced the acquisition of a 50% interest in the North Madura Production Sharing Contract ('PSC') located offshore Java Sea, Indonesia.
AziPac, the Seacrest Capital Group backed E&P company focussed on offshore exploration in the Asia Pacific region, has announced the acquisition of a 50% interest in the North Madura Production Sharing Contract ('PSC') located offshore Java Sea, Indonesia.
Sunday 10 May 2015
Australia: Yolla-6 development well reaches TD
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited has advised that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the the Yolla-6 development well has reached a Total Depth of 3,653m and preparations are in place to tie-in the well to the Yolla facility.
AWE Limited has advised that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy, has confirmed that the the Yolla-6 development well has reached a Total Depth of 3,653m and preparations are in place to tie-in the well to the Yolla facility.
Thursday 7 May 2015
Indonesian energy minister seeks to rejoin OPEC
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia's energy minister said on Thursday he would ask for President Joko Widodo's approval for the country to rejoin OPEC seven years after leaving the oil exporters' group.
Indonesia's energy minister said on Thursday he would ask for President Joko Widodo's approval for the country to rejoin OPEC seven years after leaving the oil exporters' group.
Wednesday 6 May 2015
Australia: AWE confirms gas discovery at Irwin-1 in the onshore Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited has announced initial results from the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia. Initial analysis of the wireline logs indicates a 32m gas column in the Dongara/Wagina tight gas reservoir.
AWE Limited has announced initial results from the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia. Initial analysis of the wireline logs indicates a 32m gas column in the Dongara/Wagina tight gas reservoir.
Australia: Norwest Energy successfully completes 3D seismic acquisition work at Arrowsmith Project
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Norwest Energy reports that the on-ground seismic acquisition work for the Arrowsmith seismic survey has been successfully completed, allowing for the processing and interpretation of the 3D seismic data to commence.
Norwest Energy reports that the on-ground seismic acquisition work for the Arrowsmith seismic survey has been successfully completed, allowing for the processing and interpretation of the 3D seismic data to commence.
Tuesday 5 May 2015
Australia: Senex Energy reports two Cooper Basin oil discoveries
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Senex Energy has reported two Cooper Basin oil discoveries in its April 2015 monthly drilling report. The Company has drilled thirteen wells of its FY15 drilling program in the South Australian Cooper Basin.
Senex Energy has reported two Cooper Basin oil discoveries in its April 2015 monthly drilling report. The Company has drilled thirteen wells of its FY15 drilling program in the South Australian Cooper Basin.
Monday 4 May 2015
Philippines: Otto Energy contracts Maersk Venturer drill ship for the Hawkeye-1 exploration well
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Otto Energy has executed a binding contract with Maersk Drilling to secure the Maersk Venturer ultra-deep water drill ship for the Hawkeye-1 exploration well, offshore Philippines.
Otto Energy has executed a binding contract with Maersk Drilling to secure the Maersk Venturer ultra-deep water drill ship for the Hawkeye-1 exploration well, offshore Philippines.
Myanmar awards Statoil and Conoco Phillips deepsea exploration block
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Myanmar has awarded contracts to international oil majors Statoil and ConocoPhillips for oil and gas exploration in a deepwater offshore block - Deepsea Block AD.10 - off Myanmar's western Rakhine coast.
Myanmar has awarded contracts to international oil majors Statoil and ConocoPhillips for oil and gas exploration in a deepwater offshore block - Deepsea Block AD.10 - off Myanmar's western Rakhine coast.
PNG: Heritage Oil spuds the Raintree-1 farm-in well in PPL 337
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Kina Petroleum has announced the spud of the Raintree-1 exploration well in PPL 337. The well is operated by Heritage Oil under a farmout agreement and is designed to test a carbonate reef analogous to but younger than the reservoir in Elk/Antelope.
Kina Petroleum has announced the spud of the Raintree-1 exploration well in PPL 337. The well is operated by Heritage Oil under a farmout agreement and is designed to test a carbonate reef analogous to but younger than the reservoir in Elk/Antelope.
Australia: Bengal Energy provides Cuisinier operations update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Bengal Energy has completed the Phase Two drilling campaign on ATP 752 Barta Block. Average gross production from the Cuisinier field in March 2015, prior to the tie-in of the new Phase Two wells and the reactivation of the Cuisinier-6 well, was approx. 1,653 bopd.
Bengal Energy has completed the Phase Two drilling campaign on ATP 752 Barta Block. Average gross production from the Cuisinier field in March 2015, prior to the tie-in of the new Phase Two wells and the reactivation of the Cuisinier-6 well, was approx. 1,653 bopd.
MEO Australia recommends rejection of revised Mosman Oil & Gas offer
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia has said it notes Mosman Oil and Gas' revised offer to acquire all of the fully paid ordinary shares in MEO and has advised shareholders to reject the 'Revised Mosman Offer'.
MEO Australia has said it notes Mosman Oil and Gas' revised offer to acquire all of the fully paid ordinary shares in MEO and has advised shareholders to reject the 'Revised Mosman Offer'.
Australia: Drillsearch and Santos make new gas discovery in Western Wet Gas Project Area
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Drillsearch Energy has announced a new wet gas discovery on the Western Wet Gas Fairway of the Cooper Basin, the sixth from seven wells drilled in FY2015 by the Company’s joint venture with Santos.
Drillsearch Energy has announced a new wet gas discovery on the Western Wet Gas Fairway of the Cooper Basin, the sixth from seven wells drilled in FY2015 by the Company’s joint venture with Santos.
Sunday 3 May 2015
Indonesia: Cooper Energy announces further success at Bunian-3 with flow from oil pool discovery
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy reports further success from the testing of the Bunian-3 ST2 development well with the flow testing of the secondary target K1 sand. The K1 sand flowed for 18 hours at a flow rate equivalent to 1,590 barrels per day.
Cooper Energy reports further success from the testing of the Bunian-3 ST2 development well with the flow testing of the secondary target K1 sand. The K1 sand flowed for 18 hours at a flow rate equivalent to 1,590 barrels per day.
Friday 1 May 2015
Australia: Cooper Energy's drilling campaign starts with success at Callawonga-10
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy reports that Callawonga-10, an oil development well in PPL 220 on the western flank of the Cooper Basin, South Australia, is to be cased and subsequently completed after reaching a total depth of 1,482 metres in the Westbourne Formation.
Cooper Energy reports that Callawonga-10, an oil development well in PPL 220 on the western flank of the Cooper Basin, South Australia, is to be cased and subsequently completed after reaching a total depth of 1,482 metres in the Westbourne Formation.
Wednesday 29 April 2015
Australia: Chevron announces natural gas discovery in the Greater Gorgon Area, offshore Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Chevron Australia has announced further drilling success in the Greater Gorgon Area located in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well encountered approx. 134 metres of net gas pay in the Triassic Mungaroo Sands in 968 metres of water.
Chevron Australia has announced further drilling success in the Greater Gorgon Area located in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well encountered approx. 134 metres of net gas pay in the Triassic Mungaroo Sands in 968 metres of water.
Tuesday 28 April 2015
Australia: Buru Energy kicks off major exploration program in the Canning Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Buru Energy has announced that it is about to start one of the biggest exploration programs in the Company’s history, targeting numerous conventional oil prospects in the Canning Basin in Western Australia’s northwest.
Buru Energy has announced that it is about to start one of the biggest exploration programs in the Company’s history, targeting numerous conventional oil prospects in the Canning Basin in Western Australia’s northwest.
Indonesia: Ophir Energy completes acquisition of four deepwater Indonesian PSCs
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Ophir Energy has completed the acquisition of four deepwater Production Sharing Contracts ('PSCs') in Indonesia from Niko Resources. The PSCs are West Papua IV, Aru, Kofiau and Halmahera-Kofiau, all of which will be operated by Ophir.
Ophir Energy has completed the acquisition of four deepwater Production Sharing Contracts ('PSCs') in Indonesia from Niko Resources. The PSCs are West Papua IV, Aru, Kofiau and Halmahera-Kofiau, all of which will be operated by Ophir.
Monday 27 April 2015
India: Oilex completes Cambay-73 production facilities
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced the completion of the Cambay-73 oil and gas production facilities on budget and ahead of schedule. Cambay-73 will supply gas to a low pressure gas market in the vicinity of the Cambay field and is expected to produce approx. 50-60 boepd of gas and condensate.
Oilex has announced the completion of the Cambay-73 oil and gas production facilities on budget and ahead of schedule. Cambay-73 will supply gas to a low pressure gas market in the vicinity of the Cambay field and is expected to produce approx. 50-60 boepd of gas and condensate.
PNG: InterOil starts Elk-Antelope flow testing
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
InterOil Corp has begun flow testing at the Elk-Antelope gas field in Papua New Guinea as part of the field appraisal. The Antelope-5 flow rate is constrained by reservoir engineers to a maximum test rate of about 70 million standard cubic feet a day.
InterOil Corp has begun flow testing at the Elk-Antelope gas field in Papua New Guinea as part of the field appraisal. The Antelope-5 flow rate is constrained by reservoir engineers to a maximum test rate of about 70 million standard cubic feet a day.
China: Sinopec and PetroChina dismiss media reports about merger
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Sinopec Corp and PetroChina on Monday dismissed media reports their parents would merge to create a state giant, saying they have never received any official information about such a restructuring.
Sinopec Corp and PetroChina on Monday dismissed media reports their parents would merge to create a state giant, saying they have never received any official information about such a restructuring.
Sunday 26 April 2015
Indonesia: Cooper Energy's Bunian-3 development well flows oil
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy reports that the testing of the Bunian-3ST2 development well foreshadowed in the Update dated 21 April has begun successfully with oil flows from the primary target TRM3 sand.
Cooper Energy reports that the testing of the Bunian-3ST2 development well foreshadowed in the Update dated 21 April has begun successfully with oil flows from the primary target TRM3 sand.
Australia: Cooper Energy commences three well Cooper Basin drilling campaign
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has announced the commencement of a three well drilling campaign in PPL 220 and PRL 98 on the western flank of the Cooper Basin, with the spudding of Callawonga-10.
Cooper Energy has announced the commencement of a three well drilling campaign in PPL 220 and PRL 98 on the western flank of the Cooper Basin, with the spudding of Callawonga-10.
Australia: Gardline CGG completes Gippsland 2D Infill survey
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Gardline CGG reports that it has completed the Gippsland 2D Infill survey for Geoscience Australia.
Gardline CGG reports that it has completed the Gippsland 2D Infill survey for Geoscience Australia.
Australian court allows Metgasco to resume coal seam gas drilling
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Metgasco, an Australian coal seam gas explorer, on Friday won a court ruling to overturn the state of New South Wales' decision to suspend its drilling licence, sending its shares up 61 percent.
Metgasco, an Australian coal seam gas explorer, on Friday won a court ruling to overturn the state of New South Wales' decision to suspend its drilling licence, sending its shares up 61 percent.
Philippines calls on ASEAN to urge China to halt land reclamation
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Philippines called on its Southeast Asian neighbours to unite in urging China to halt reclamation of land in the South China Sea, but the call failed to raise widespread support ahead of a regional summit. China claims 90 percent of the South China Sea, which is believed to be rich in oil and gas.
The Philippines called on its Southeast Asian neighbours to unite in urging China to halt reclamation of land in the South China Sea, but the call failed to raise widespread support ahead of a regional summit. China claims 90 percent of the South China Sea, which is believed to be rich in oil and gas.
Thailand: KrisEnergy spuds Rayrai-1 exploration well in G10/48, Gulf of Thailand
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
KrisEnergy has spudded the Rayrai-1 exploration well in Block G10/48 in the Gulf of Thailand. The well is located 2.25 km north of the 2009 Niramai oil discovery.
KrisEnergy has spudded the Rayrai-1 exploration well in Block G10/48 in the Gulf of Thailand. The well is located 2.25 km north of the 2009 Niramai oil discovery.
Thursday 23 April 2015
Australia: AWE encounters elevated gas shows at Irwin-1 in the Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE Limited has reached a total depth of 4,049m at the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, and preparations are now under way to commence a wireline logging program. The well encountered elevated gas shows in the Dongara/Wagina sandstones primary target.
AWE Limited has reached a total depth of 4,049m at the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, and preparations are now under way to commence a wireline logging program. The well encountered elevated gas shows in the Dongara/Wagina sandstones primary target.
China: CNOOC's Kenli 10-1 oilfield South of Bohai commences production
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
CNOOC Limited has announced that the Kenli 10-1 oilfield, in the South of Bohai, has commenced production. The oilfield is expected to reach its ODP designed peak production of approx. 36,000 barrels per day in 2016.
CNOOC Limited has announced that the Kenli 10-1 oilfield, in the South of Bohai, has commenced production. The oilfield is expected to reach its ODP designed peak production of approx. 36,000 barrels per day in 2016.
Wednesday 22 April 2015
Australia: IPB Petroleum announces revised work programme for Browse Basin permit WA-424-P
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
IPB Petroleum has advised that the company has entered the Secondary Term of its WA-424-P exploration permit with a revised work programme commitment at a 100% working interest. The Company has also announced it is farming out the permit.
IPB Petroleum has advised that the company has entered the Secondary Term of its WA-424-P exploration permit with a revised work programme commitment at a 100% working interest. The Company has also announced it is farming out the permit.
PNG: Total-led LNG project in Papua New Guinea targets first gas in 2021
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
First shipments from a new liquefied natural gas (LNG) project in Papua New Guinea operated by French oil major Total is expected in 2021, according to the executive vice president of InterOil, a partner in the project.
First shipments from a new liquefied natural gas (LNG) project in Papua New Guinea operated by French oil major Total is expected in 2021, according to the executive vice president of InterOil, a partner in the project.
Tuesday 21 April 2015
Australia: AWE drilling ahead at the Irwin-1 exploration well in the Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE has advised that the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, is currently drilling ahead at 3,850m to the planned total depth of 4,064m. Irwin-1 is designed to test the gas potential to the east of the Senecio and Waitsia gas fields.
AWE has advised that the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, is currently drilling ahead at 3,850m to the planned total depth of 4,064m. Irwin-1 is designed to test the gas potential to the east of the Senecio and Waitsia gas fields.
Australia: Key Petroleum preparing to test Dunnart-2 well in the Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Key Petroleum has provided an update in relation to planned testing operations at Dunnart-2 in Exploration Permit EP437, Perth Basin, Western Australia.
Key Petroleum has provided an update in relation to planned testing operations at Dunnart-2 in Exploration Permit EP437, Perth Basin, Western Australia.
Indonesia: Total in talks with Pertamina on overseas asset swap for Mahakam interest
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Total is in talks with Indonesia's Pertamina on a possible asset swap in return for a continuing participating interest in the country's top gas producing field.
Total is in talks with Indonesia's Pertamina on a possible asset swap in return for a continuing participating interest in the country's top gas producing field.
India to auction 69 marginal fields owned by ONGC and Oil India
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
India will soon auction 69 marginal oil and gas fields owned by state explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd, the country's oil secretary said on Tuesday.
India will soon auction 69 marginal oil and gas fields owned by state explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd, the country's oil secretary said on Tuesday.
New Zealand: Kea Petroleum provides update on strategic review
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AIM-listed Kea Petroleum, the oil and gas company focused on New Zealand, has provided an update on its previously announced strategic review.
AIM-listed Kea Petroleum, the oil and gas company focused on New Zealand, has provided an update on its previously announced strategic review.
Indonesia: Cooper Energy preparing to test Bunian-3 development well
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Cooper Energy has advised that the Bunian-3 ST2 development well in the Sukananti KSO, South Sumatra, Indonesia, is being prepared for production testing, having been cased and suspended as a future producer.
Cooper Energy has advised that the Bunian-3 ST2 development well in the Sukananti KSO, South Sumatra, Indonesia, is being prepared for production testing, having been cased and suspended as a future producer.
Australia: MEO Australia announces work programme variation approval for WA-454-P
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
MEO Australia has advised that the WA-454-P JV has been notified by NOPTA of the approval of its application to vary the Permit work program. As a result, the proposed Breakwater-1 exploration well is expected to be drilled prior to the revised permit expiry date of 8th December, 2017.
MEO Australia has advised that the WA-454-P JV has been notified by NOPTA of the approval of its application to vary the Permit work program. As a result, the proposed Breakwater-1 exploration well is expected to be drilled prior to the revised permit expiry date of 8th December, 2017.
Monday 20 April 2015
Thailand: KrisEnergy provides update on Gulf of Thailand G6/48 drilling
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
KrisEnergy has provided an update on the Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand, the last of four wells in the 2015 drilling campaign in the contract area. The well encountered 148 feet TVD of oil and gas pay.
KrisEnergy has provided an update on the Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand, the last of four wells in the 2015 drilling campaign in the contract area. The well encountered 148 feet TVD of oil and gas pay.
Sunday 19 April 2015
Philippines seeks Southeast Asian unity denouncing China reclamation
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Philippine President Benigno Aquino will ask Southeast Asian leaders to issue a collective statement denouncing China's reclamation in disputed waters, an official said on Monday, as the army expressed concern over expanding building works. China claims most of the potentially energy-rich South China Sea.
Philippine President Benigno Aquino will ask Southeast Asian leaders to issue a collective statement denouncing China's reclamation in disputed waters, an official said on Monday, as the army expressed concern over expanding building works. China claims most of the potentially energy-rich South China Sea.
Australia: Bass Strait Oil provides Gippsland Basin update
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
As part of its strategic review announced in February, Bass Strait Oil Company has advised that it has received an initial assessment of the Company’s Gippsland Basin asset base.
As part of its strategic review announced in February, Bass Strait Oil Company has advised that it has received an initial assessment of the Company’s Gippsland Basin asset base.
Philippines / PNG: Searcher commences 17,000km 2D broadband PSDM project
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Searcher Seismic is currently reprocessing two prominent regional seismic datasets in the Philippines and Papua New Guinea - the Pala-Sulu seismic survey in the Philippines and the Lahara 2D seismic survey in Papua New Guinea.
Searcher Seismic is currently reprocessing two prominent regional seismic datasets in the Philippines and Papua New Guinea - the Pala-Sulu seismic survey in the Philippines and the Lahara 2D seismic survey in Papua New Guinea.
Thursday 16 April 2015
Australia: Santos expects GLNG start in third quarter 2015
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Santos has announced its GLNG project is approaching 95% complete and is expected to produce first LNG around the end of the third quarter this year.
Santos has announced its GLNG project is approaching 95% complete and is expected to produce first LNG around the end of the third quarter this year.
India: Oilex updates reserves and contingent resources of the Cambay field, onshore India
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Oilex has announced the results of an independent Resource Report of the Eocene Formation of the Cambay field, onshore India.
Oilex has announced the results of an independent Resource Report of the Eocene Formation of the Cambay field, onshore India.
Thailand: KrisEnergy spuds new sidetrack well Rossukon-3ST in G6/48 in the Gulf of Thailand
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
KrisEnergy has commenced drilling of the Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand. Rossukon-3ST is the fourth well to be drilled in the G6/48 contract area in 2015 following successful results for the Rossukon-2, Rossukon-2ST and Rossukon-3 wells.
KrisEnergy has commenced drilling of the Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand. Rossukon-3ST is the fourth well to be drilled in the G6/48 contract area in 2015 following successful results for the Rossukon-2, Rossukon-2ST and Rossukon-3 wells.
Australia: AWE's onshore Perth Basin well Irwin-1 intersects primary target and reports elevated gas shows
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
AWE has advised that the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, has so far penetrated 120m of the primary target formation, the Dongara/Wagina sandstones, with elevated gas shows observed.
AWE has advised that the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, has so far penetrated 120m of the primary target formation, the Dongara/Wagina sandstones, with elevated gas shows observed.
Wednesday 15 April 2015
China: Technip awarded FEED contract for the Liuhua fields in the South China Sea
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Technip and its consortium partner China Offshore Oil Engineering Company (COOEC) have been awarded a front end engineering design (FEED) contract by CNOOC Ltd for two tension leg platforms (TLPs) for the Liuhua 11-1 and 16-2 joint development project located in the South China Sea.
Technip and its consortium partner China Offshore Oil Engineering Company (COOEC) have been awarded a front end engineering design (FEED) contract by CNOOC Ltd for two tension leg platforms (TLPs) for the Liuhua 11-1 and 16-2 joint development project located in the South China Sea.
Indonesia: Lion Energy reports encouraging results from Lofin-2 with testing planned
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Lion Energy reports that the Lofin-2 well has reached temporary total depth of 5471m MD/5128m SSTVD within the Manusela Formation objective. Wireline logging is currently underway, to be followed by open-hole flow testing to evaluate the shows encountered in the Manusela limestone section.
Lion Energy reports that the Lofin-2 well has reached temporary total depth of 5471m MD/5128m SSTVD within the Manusela Formation objective. Wireline logging is currently underway, to be followed by open-hole flow testing to evaluate the shows encountered in the Manusela limestone section.
Philippines says Shell-operated Malampaya resumes gas deliveries
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
The Philippines said that a local unit of Shell had resumed natural gas deliveries from the country's Malampaya field to three major power plants after a month-long shutdown, but energy supply on the main island of Luzon remains tight.
The Philippines said that a local unit of Shell had resumed natural gas deliveries from the country's Malampaya field to three major power plants after a month-long shutdown, but energy supply on the main island of Luzon remains tight.
Tuesday 14 April 2015
Indonesia gas deficit to triple over next 10 years - Pertamina CEO
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Indonesia's domestic gas production in 2015 is expected to fall short of demand by 1.5 billion cubic feet per day (bcfd), with the deficit increasing up to 4.5 bcfd by 2025, state-owned energy firm Pertamina told parliament on Wednesday.
Indonesia's domestic gas production in 2015 is expected to fall short of demand by 1.5 billion cubic feet per day (bcfd), with the deficit increasing up to 4.5 bcfd by 2025, state-owned energy firm Pertamina told parliament on Wednesday.
Thailand: KrisEnergy hits oil and gas pay at Rossukon-3 in G6/48, Gulf of Thailand
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
KrisEnergy has encountered 124 ft net oil and gas pay in the Rossukon-3 wlll in G6/48, Gulf of Thailand. Partners have agreed to drill the Rossukon-3ST sidetrack.
KrisEnergy has encountered 124 ft net oil and gas pay in the Rossukon-3 wlll in G6/48, Gulf of Thailand. Partners have agreed to drill the Rossukon-3ST sidetrack.
Malaysia: Lundin Petroleum reports first oil from the Bertam field, offshore Malaysia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Lundin Petroleum has achieved first oil from the Bertam field, offshore Malaysia. The Bertam field is located on Block PM307, offshore the eastern side of Peninsular Malaysia.
Lundin Petroleum has achieved first oil from the Bertam field, offshore Malaysia. The Bertam field is located on Block PM307, offshore the eastern side of Peninsular Malaysia.
Monday 13 April 2015
PNG: Papua New Guinea in talks to raise billions to fund oil and gas plans
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Papua New Guinea's National Petroleum Company (NPCP) said it is looking to raise billions of dollars to help fund new oil and gas projects, as the South Pacific country battles a sharp slump in forecast revenue from a plunge in prices for the commodities.
Papua New Guinea's National Petroleum Company (NPCP) said it is looking to raise billions of dollars to help fund new oil and gas projects, as the South Pacific country battles a sharp slump in forecast revenue from a plunge in prices for the commodities.
Australia: Polarcus at 50% completion on Capreolus, the largest single 3D survey ever acquired offshore Australia
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Polarcus has now reached the 50% completion milestone in the acquisition of the Capreolus 3D multi-client project, the largest single 3D survey ever acquired offshore Australia.
Polarcus has now reached the 50% completion milestone in the acquisition of the Capreolus 3D multi-client project, the largest single 3D survey ever acquired offshore Australia.
Sunday 12 April 2015
Indonesia: KrisEnergy awards FEED tender for Indonesia gas project
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
KrisEnergy has awarded the front-end engineering and design ('FEED') contract for the Lengo gas development offshore East Java in Indonesia.
KrisEnergy has awarded the front-end engineering and design ('FEED') contract for the Lengo gas development offshore East Java in Indonesia.
Australia: Transerv Energy preparing to drill Warro 5 and 6 wells in the Perth Basin
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Transerv Energy has announced that it is well advanced with its preparatory work for the drilling of the Warro-5 and 6 wells at the onshore Warro gas field, located 200km north of Perth in the Perth Basin.
Transerv Energy has announced that it is well advanced with its preparatory work for the drilling of the Warro-5 and 6 wells at the onshore Warro gas field, located 200km north of Perth in the Perth Basin.
Friday 10 April 2015
Australia: Zeta Resources makes A$29.4 million bid for Pan Pacific Petroleum
Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.
Zeta Resources, the ASX-listed investment group advised by Duncan Saville's ICM unit, has made a full takeover bid for Pan Pacific Petroleum, valuing the target company at A$29.4 million. Zeta currently owns 16.8 percent of Pan Pacific.
Zeta Resources, the ASX-listed investment group advised by Duncan Saville's ICM unit, has made a full takeover bid for Pan Pacific Petroleum, valuing the target company at A$29.4 million. Zeta currently owns 16.8 percent of Pan Pacific.
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