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Showing posts with label Outlines. Show all posts
Showing posts with label Outlines. Show all posts

Wednesday, July 27, 2011

American Petro-Hunter Outlines Upcoming Drilling in Ok.

- American Petro-Hunter Outlines Upcoming Drilling in Ok.

Wednesday, July 27, 2011
American Petro-Hunter Inc.

American Petro-Hunter provided an outline of plans for the next two wells to be drilled at the Company's field development program at the North Oklahoma Project. These next wells in the series have been designated as NOS-2-22 and NOW-2H.

Preparations are now underway to commence drilling of the NOS-2-22 well with a scheduled spud date in approximately 2 weeks. The well is a direct offset to the producing NOS-1-22 well and has been engineered as a 3,500 foot vertical to exploit the productive oil bearing sand formation discovered in previous drilling. This is the first of potentially 3 offsets planned on this particular lease. With production facilities already in place, the drilling is hoped to add an additional 50 BPOD net to the Company by September. An exact spud date will be announced shortly.

The NOW-2H is scheduled as the second upcoming well and is a direct offset to the producing NOM-1H horizontal at the Company's Ripley leases. The well is slated to commence drilling in early September and will include a similar lateral targeting the newly discovered Mississippi reservoir.

As previously announced, American Petro-Hunter has locked in participation on an additional 11 horizontal wells at the Ripley Leases and the NOW-2H is the first of these to be drilled under the development program which is envisioned to involve the drilling of approximately one horizontal Mississippi well every 30 to 60 days. This judicious schedule would allow for a predictable time frame to drill, complete and emplace production facilities for both oil and gas sales every other month.

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Tuesday, March 29, 2011

DNS Outlines Strategy to Aid UK Companies in Decommissioning Work

DNS Outlines Strategy to Aid UK Companies in Decommissioning Work

Tuesday, March 29, 2011
Rigzone Staff
by  Karen Boman

Decom North Sea (DNS), an industry body established in 2010 to assist UK companies in obtaining work opportunities in future North Sea decommissioning activity, now has more than 120 members, and is stepping up effort to help companies pursue decommissioning work opportunities.

DNS Chief Executive Brian Nixon said, "With around £1billion of decommissioning expenditure forecast annually for the UK North Sea by 2015 and only 7% of projects completed to date, there is a clear need for us to support our supply chain to secure maximum business potential.

"Compelling support was recorded for Decom North Sea to look at increasing current activities, namely networking events which provide value to our members; regional and topical focus groups; industry communication and knowledge sharing; mapping the supply chain strengths and capabilities; further development of appropriate contracting models: and facilitating introductions across the industry."

In addition, a range of more strategic initiatives and opportunities have been identified and prioritized including the following:-
  • provision of detailed and reliable market intelligence drawn from existing industry sources and filtered to be easily accessible by DNS members – (an industry led workgroup has now been established to lead this initiative)
  • facilitate groups of members to share information, form alliances, address technologies etc.
  • research decommissioning in other sectors including nuclear and salvage, to study how they deal with timing uncertainty, identify areas for transfer of experience, cross business opportunities etc. – (a first workshop on nuclear synergies has been held, with a separate group reviewing the salvage industry)
  • be active with governments, regulators and operators on behalf of DNS membership
  • understand capabilities and gaps relating to people, processes and technologies, and then put in place mechanisms to address the issues and opportunities – (a skills steering group is now in place)
  • promote existing capability, new capacity, case studies etc.
  • engage with the financial investment community to understand their drivers – promote awareness of members capabilities and needs, facilitate introductions
  • look overseas to identify market opportunities and to promote member capabilities.
Nixon added, "These initiatives are listed in line with the priorities established recently by board members. The next step is for Decom North Sea to scope out and assess the level and type of resource that will be required to progress and deliver them."

In line with the priorities identified, DNS has organized a program of events, seminars and share fairs in collaboration with regional energy development organizations and government agencies, with activity covering the north-east, Highlands and Central Belt in Scotland, and the north-east and south-east in England where most of the potential supply chain for the decommissioning market is based.

DNS Board Chairman Murdo MacIver said, "One of the principle reasons for setting up Decom North Sea was to provide a mechanism for sharing non commercial information and to establish a platform that would allow companies from across the industry to obtain consistent and clear information. The recent strategy consultation, which involved all the new directors recently voted onto the board, has fully supported this and it is great to see some real drive and enthusiasm from the board in delivering these strategic objectives."