CEO: Petrobras, IBV Brasil Offshore Oil Find 'Beautiful'
Monday, September 30, 2013 Petrobras and its Indian partners have made a "beautiful" oil discovery off Brazil's northeast coast and it will produce a minimum 100,000 barrels of petroleum a day starting in 2018, the company's chief executive says.
Petrobras CEO Sees 100,000 bpd from Sergipe Area by 2018
Friday, September 27, 2013 Brazil's state-run oil company Petrobras will produce 100,000 barrels a day from its offshore Sergipe prospects by 2018, Chief Executive Maria das Grašas Foster said about one of the company's most promising new discoveries.
Oilex Sidetracks Timor Sea Well
Monday, January 04, 2010 Oilex Ltd advised Monday that delays have been experienced with running of 9" casing above the primary objective Elang/Plover Formation sandstones in the Lolotoe-1 well.
Anadarko Extends Pre-Salt Wahoo Discovery
Monday, November 23, 2009 The Wahoo North appraisal well in the Campos Basin has encountered more than 90 feet of high-quality net oil pay in the same pre-salt interval as the original Wahoo discovery.
Oilex Prepares Al Jumd Testing Program in Block 56
Wednesday, February 25, 2009 Oilex has advised that preparations for the Al Jumd-1 testing program are being finalized and operations are planned to commence on February 26, with the initial flow period planned to be completed around March 6-8.
Oilex Completes Drilling in Oman's Block 56 with Encouraging Results
Wednesday, January 14, 2009 Oilex's 4-well drilling program in Oman's Block 56 has been successfully completed with encouraging results from 3 wells, which have confirmed the oil potential of the Eastern Flank Salt Basin in the block.
Oilex Drills Extra 200 Meters of Horizontal Oil Pay at Oman's Sarha-2
Monday, October 13, 2008 The Sarha-2 well in Block 56, Oman, has completed drilling a horizontal well in the Sarha Field to a measured depth of 2,138 meters, giving an horizontal intersection of approximately 700 meters in the Al Khlata reservoir.
Multiple Oil Finds Continue String of Success in Brazil
Wednesday, October 01, 2008 A series of oil finds reported to Brazil's National Petroleum Agency on Tuesday demonstrated once again the immense promise the country holds for global oil companies.
Anadarko Makes Pre-Salt Discovery at Wahoo Prospect Offshore Brazil
Tuesday, September 30, 2008 Anadarko Petroleum Corporation has announced a pre-salt discovery at the Wahoo prospect offshore Brazil in the Campos Basin.
Oilex Continues Drilling, Testing at Sarha, Cambay Wells
Tuesday, September 23, 2008 Oilex has advised that drilling and testing operations continue in India and Oman, and has issued an update with information concerning its Sarha and Cambay wells.
Oilex Resumes Drilling Ops in Oman, Continues Development in India
Tuesday, September 09, 2008 Oilex issued an operational update for its Sarha-2, Cambay-19Z and Cambay-73 wells. The Company reported that drilling operations have resumed in Oman and drilling and testing continues in India
Sasol Nabs 30% Interest from JV's Exploration Permit Offshore Australia
Tuesday, August 12, 2008 Oilex advised that the Joint Venture entered into a Farmout Agreement under which each party will assign a 6% participating interest in the Exploration Permit WA 388P to Sasol Petroleum Australia Ltd.
Oilex's India, Oman Operations on Schedule
Tuesday, April 29, 2008 Oilex advises that the Cambay-23Z well has been completed as a potential gas production well.
Oilex Awards Wavefield Inseis Seismic Work
Wednesday, January 30, 2008 Oilex and its joint venture partners in the JPDA 06-103 block recently awarded 3D seismic work to Wavefield Inseis. Located in the Flamingo Basin between East Timor and Australia, the area to be surveyed spans 1,657 square kilometers.
Oilex Discovers Oil Shows with Oman Drilling
Tuesday, January 22, 2008 Drilling on the Sarha-1 exploration well has reached TD of 1,890 meters in the Cambrian Huqf Formation. Oil shows and anomalous resistivity values were recorded within the Huqf carbonate sequence below 1,645 meters and will be further evaluated.
Oilex Hits Oil and Gas at Sarha-1 in Oman
Tuesday, January 15, 2008 The Sarha-1 exploration well, the first of three exploration wells that will be drilled by Oilex in a continuous sequence in the Block 56 Production Sharing Contract Area, Sultanate of Oman is drilling ahead in 81/2" hole below 1,673 meters.
EnCana to Sell Brazilian Concessions for $165 Million
Thursday, September 13, 2007 EnCana has reached an agreement to sell all of its remaining interests in Brazil for cash proceeds of approximately US$165 million, before closing adjustments.
Cairn Wins More Indian Acreage in NELP-VI
Friday, February 09, 2007 Cairn India has secured an interest in two new exploration blocks in India - PR-OSN-2004/1 and KK-DWN-2004/1.
Videocon Unit Inks Deal for Timor Sea PSA
Friday, November 17, 2006 Videocon Industries has entered into a Production Sharing Contract with Timor Sea Designated Authority for JPDA Block # 06-103 within the Bonaparte Basin.
Oilex Consortium Wins Carnarvon Basin Permit
Friday, August 18, 2006 Oilex NL said that it has accepted the offer made by the Commonwealth-Western Australia Offshore Petroleum Joint Authority for the award of permit W05-11 located in the offshore Carnarvon Basin.