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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Wednesday 8 April 2015

Thailand: Mubadala completes production drilling at Manora field in Northern Gulf of Thailand

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



JV partner Tap Oil has provided an update on Manora production and development drilling at the Mubadala-operated Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). All eleven Manora development wells have been successfully completed and the drilling rig has now moved off location.

Australia: Apache agrees to sell Australian operations for $2.1 billion

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Apache Corp has announced an agreement to sell its Australian subsidiary Apache Energy to a consortium of private equity funds managed by Macquarie Capital Group and Brookfield Asset Management for cash payment of $2.1 billion.

Australia: Petrofac awarded major project by INPEX for the Ichthys LNG Project

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Petrofac, the international oil and gas facilities service provider, has been awarded an Integrity and Maintenance Programme Development contract by INPEX for the Ichthys LNG Project.

Australia: Shell-BG deal may shake up rival Australian LNG plans

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Tightening gas supplies in eastern Australia and a battle for gas to supply three liquefied natural gas plants will figure largely in watchdogs' review of Royal Dutch Shell's $70 billion takeover of BG Group.

Indonesia: Cooper Energy to case Bunian-3 development well in the Sukananti KSO, South Sumatra, for future production

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Cooper Energy has advised that the second sidetrack of the Bunian-3 development well has reached a total depth of 1,598 metres and preparations to run production casing are underway.

Australia: Beach Energy's Perlubie-3 well in Cooper Basin permit PPL 247 disappoints

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



JV partner Cooper Energy reports that the Beach Energy-operated Perlubie-3 oil appraisal well located in PPL 247 on the Western Flank of the Cooper Basin encountered a sub-commercial oil column in the primary target Namur Sandstone and the well has been plugged and abandoned.

Tuesday 7 April 2015

Australia: Woodside announces gas discovery at Pyxis-1 in WA-34-L

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Woodside has advised that the Pyxis-1 exploration well in production licence WA-34-L has intersected approx. 18.5 metres of net gas within the Jurassic sandstone target. The well offers future tie-back potential to Woodside’s existing Pluto infrastructure.

Australia: AWE brings Pateke-4H well onto production at Tui area oil fields

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



AWE, as Operator of PMP 38158, has advised that the subsea tie-back and installation project to connect the Pateke-4H development well to the Tui area oil fields gathering system has been successfully completed and that oil production has commenced.

Malaysia: INPEX and JX Nippon discover oil in deepwater Block R offshore East Malaysia

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



INPEX has announced an oil discovery at the JX Nippon-operated Bestari-1 exploration well in Deepwater Block R where preliminary findings point to an approx. 70m column of oil-bearing sands across multiple horizons.

Mongolia: Petro Matad farms out Block IV and Block V in central Mongolia to BG Group

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Petro Matad has entered into a farm-out agreement with BG Group whereby BG Group will acquire a 78% interest in Block IV and Block V in central Mongolia. BG Group has committed to cover Petro Matad's portion of the agreed US$28m work programme and provide an additional cash consideration of US$4.55m.

Thailand: KrisEnergy continues exploration drilling in Thai G6/48 block - spuds Rossukon-3

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



KrisEnergy has announced that the Key Gibraltar jack-up rig has commenced drilling of the Rossukon-3 exploration well in G6/48 in the Gulf of Thailand.

Australia: Carnarvon Petroleum reports independent resource assessment fo Phoenix 3D seismic area

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Carnarvon Petroleum commissioned independent technical advisor, DeGolyer and MacNaughton, to assess the potential recoverable oil within the Phoenix 3D seismic area, which includes the Phoenix South-1 discovery and the Roc prospect, based on data provided by Apache.

Monday 6 April 2015

India: Cairn India takes Indian authorities to court over $3.3 billion tax demand

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Cairn India, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a $3.3 billion tax demand from Indian authorities related to its listing in 2007.

India: Niko Resources announces independent resources evaluation of MJ discovery in the D6 Block in India

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Niko Resources has received an independent resources evaluation report for the MJ discovery in the D6 Block in India from Deloitte, an independent petroleum engineering firm.

Thursday 2 April 2015

New Zealand: Mosman Oil and Gas announces accelerated drilling programme at Murchison, NZ

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



AIM-listed Mosman Oil and Gas has provided a corporate update and announced that it is accelerating its drilling programme on its Murchison permit in New Zealand. The Company has also raised £500,000 by way of a placing.

Wednesday 1 April 2015

Australia: Buru Energy receives approval of Indigenous Land Use Agreement for its Ungani oil field

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Buru Energy has been informed that the Yawuru People have authorised entry into an Indigenous Land Use Agreement with the Buru Energy/Mitsubishi Corporation Joint Venture in respect of the Ungani oil field.

Australia: Woodside closes purchase of Apache interests in Australian assets

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.



Woodside has completed the previously announced acquisition of Apache’s Wheatstone LNG and Balnaves oil interests in Australia for a total cost of US$2.817 billion, including a closing adjustment of US$567 million.