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Deepwater Exploration
Deepwater Exploration news and technical articles from Oil & Gas Financial Journal. Search Deepwater Exploration latest and archived news and articles
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Chevron’s deepwater Jack #2 well
… Prudhoe Bay in Alaska, Chevron Corp. and its partners, Devon Energy and Statoil, have completed a successful deepwater exploration well in the US Gulf of Mexico that could prove to be the largest domestic petroleum find in nearly 40 years. The …
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Repsol increasing its presence in the deepwater Gulf of Mexico
… drilling complications. In its deepwater exploration program, Repsol has had to ..... well, drilled in 2010. Deepwater exploration and production in the Gulf ..... the development of ultra- deepwater exploration and production. Notwithstanding …
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Recent GOM lease sale bodes well for offshore oil service providers
… bode well for its offshore oil service coverage and noted that companies most likely to benefit from expanded deepwater , exploration -focused drilling include: Baker Hughes, Halliburton, Schlumberger, Dril-Quip, Oceaneering International …
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Weekly Update: Chevron, Statoil, Repsol enter partnership in Canadian Atlantic
… the block suggests any reward will not come cheaply. The three partners were also successful in bidding for two deepwater exploration parcels in the Flemish Pass Basin offshore Newfoundland. The Newfoundland area has 4 producing fields (currently …
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JV accounting needs grow as oil and gas deals proliferate
… use has only grown in recent years. The proliferation of mega-projects (especially in the light of expanding deepwater exploration and development) and the acceleration of resource nationalism trends have put JV transactions atop many E&P companies …
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Upstream News
… de Combustiveis de Angola Empresa Publica (Sonangol EP), Maersk Oil and other partners declared the Azul-1 deepwater exploration well, located in Block 23 in the Kwanza Basin, a discovery well. The Azul-1 well, the first to penetrate …
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CNOOC continues NOC drive into US with Nexen Gulf of Mexico JV
… NOCs The Chinese offshore oil company will hold a 20% working interest in the Kakuna, Angel Fire, and Cypress deepwater exploration wells with an option for a 10%-25% working interest in three other exploration wells. Financial terms were …
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Suárez Coppel is building PEMEX despite constitutional restrictions
… E&P. "We started investing considerably in deepwater exploration in 2004, and back then we acknowledged this wasn ..... happen. We started investing considerably in deepwater exploration in 2004, and back then, we acknowledged this …
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Upstream News
… Mexico after drilling its first post-moratorium deepwater exploration well. The Maersk Developer was used to drill ExxonMobil's first post-moratorium deepwater exploration well in the Gulf of Mexico. The KC919-3 wildcat …
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PEMEX's head of E&P has plan for increasing production capacity
… be the beginning of a new era for PEMEX, signaling a shift from petroleum to natural gas and the true start of deepwater exploration and production for Mexico? CARLOS MORALES GIL: This is a very important discovery for two main reasons. First …