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Showing posts with label Prog.. Show all posts
Showing posts with label Prog.. Show all posts

Thursday, June 23, 2011

Seismic Prog. Completed at Otto's Well Offshore Philippines

- Seismic Prog. Completed at Otto's Well Offshore Philippines

Thursday, June 23, 2011
Otto Energy Ltd.

Otto announced that the 3D seismic acquisition program commenced earlier in June at SC69, offshore Visayas, Philippines, has successfully been completed. The marine operations for the acquisition along with the onshore support teams have all run very smoothly resulting in successfully acquiring of over 210 km2 of high quality 3D seismic data.

Otto will now move to process the newly acquired seismic data. This will take approximately six months, prior to interpretation.

Otto's Managing Director Paul Moore said "We would like to thank all of our staff, contractors, Government representatives and involved parties in supporting the execution of this project. The program has been run efficiently resulting in a high quality product. We look forward to maturing the Lampos and Lampos South prospects following the interpretation of these new seismic data over the coming months."

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Wednesday, June 22, 2011

Canadian Spirit Resumes Completion Prog. at Montney Wells

- Canadian Spirit Resumes Completion Prog. at Montney Wells

Wednesday, June 22, 2011
Canadian Spirit Resources Inc.

Canadian Spirit (CSRI) announced that the spring road bans have been removed in the Farrell Creek area in northeastern B.C. enabling Canbriam Energy BC Partnership ("Canbriam"), operator of the Farrell Creek Montney joint venture, to begin preparations for additional drilling and development in the second half of 2011.

The capital program will resume with the fracture stimulation and testing of two previously drilled upper Montney horizontal wells at the c-45-I/94-B-1 and c-B18-I/94-B-1 locations on the western portion of the Farrell Creek joint venture lands. Upon completion, the two wells will be tied-into the Farrell Creek gas facility resulting in five Montney wells on production. One upper and two lower Montney horizontal wells are currently flowing gas into the facility. A short lateral to connect the c-45-I well to existing infrastructure has received regulatory approval with construction to begin shortly.

The joint venture is also moving a portion of its planned capital program to its east Farrell Creek lands to test the potential for natural gas liquids in this area. The program will begin with the drilling and testing of a vertical well during the third quarter of 2011. Other Montney operators in the area appear to have indications of natural gas liquids and one has announced that they will invest in the refrigeration equipment required for extraction of the liquids.

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Tuesday, June 14, 2011

Well Completion Prog. Underway at American Petro-Hunter's N. Oklahoma Proj.

- Well Completion Prog. Underway at American Petro-Hunter's N. Oklahoma Proj.

Tuesday, June 14, 2011
American Petro-Hunter Inc.

American Petro-Hunter advised that the well completion program is fully underway and that production testing of the Mississippi oil formation is currently ongoing at the recently drilled NOM1H Horizontal well at the Company's growing North Oklahoma Project. The well is being readied and prepared for the onset of commercial production.

The completion phase of the well, including swab and production testing, is being undertaken in combination with the immediate installation of long term production facilities including a pumping unit, tank battery, ancillary metering and electrical equipment on the lease. The determination to rapidly move forward and complete the production facilities was based on a confident expectation that the Company will be generating oil sales from the lease near the end of June or early July.

A decision to move ahead with a full completion program was initiated when NOM1H reached the engineered T.D. of the 1,600 foot horizontal leg with excellent oil and gas shows encountered in the form of strong oil fluorescence; gassy oil shows and gas kicks along the drilled lateral. Subsequent results have offered continued favorably trending data, and as such, have reinforced the Company's expectations for viable commercial production at the lease.

The NOM1H well is the first of a planned series of horizontal wells designed to test and develop oil and gas in the 100 foot thick limestone Mississippi Formation.

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Tuesday, June 7, 2011

Drillsearch: Drilling Starts at 2nd Well in Western Flank Oil Fairway Prog.

- Drillsearch: Drilling Starts at 2nd Well in Western Flank Oil Fairway Prog.

Tuesday, June 07, 2011
Drillsearch Energy Ltd.

Drillsearch announced that following the success of the Hanson—1 New Oil Field Discovery in PEL 91, Drillsearch's Western Flank Oil Fairway drilling program continues with the spudding of Snellings-1, the second well in the five well program. The Snellings-1 well spudded at 7.00am Monday, 6 June 2011. Drillsearch holds a 60% Interest in PEL 91 while Beach Energy (ASX: BPT) as operator holds 40%. The Hanson Oil discovery is estimated to contain gross recoverable oil of up to 1 million barrels. Drillsearch also holds a 60% interest in this discovery.

Snellings-1 oil exploration well is located 1500 meters north of the Hanson Oil Discovery and 1900 meters south of the Chiton Oil Field. The primary objective of the well is the Namur Sandstone which is the productive oil reservoir in both the Chiton Oil Discovery and the Hanson New Oil Field Discovery announced on May 30, 2011 along with numerous oil discoveries in the adjacent PEL 92 permit to the south of the Snellings prospect. The Birkhead Formation Sandstones, Hutton Sandstone and Poolowanna Sandstones are considered secondary targets for oil and have been proven at the Christies and Sellicks oilfields to the south and south east of Snellings-1. Drilling will be to a total depth of 1935mRT and it is expected that the drilling will take 10-14 days.

Seismic mapping of the Namur horizon indicates that the Snellings Structure has approximately 10 meters of independent structural relief and potentially encloses an area of 1.0km2. The Snellings Prospect is estimated to have up to P10 High-side Recoverable Prospective Resource potential of up to 1.0 million barrels of oil.

Details of the Snellings Prospect are set out in the attached Prospect Data Sheet and accompanying maps and seismic sections.
Snellings-1 will be drilled as a conventional vertical well with wireline logging and possible testing planned after the well reaches total depth. The main target zone is expected to be penetrated five to seven days after spud.

Mr. Brad Lingo, Managing Director noted that "following the success of the Hanson-1 Oil Discovery announced on May 30, 2011, the spudding of Snellings-1, the second well in our five well drilling program is very encouraging. We are progressing on schedule, and we look forward to providing you with further updates on the exploration work we are undertaking in the highly prospective Western Flank Oil Fairway."

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Friday, May 27, 2011

Solimar to Open 1st Zone in Guijarral Hills Flow Test Prog.

- Solimar to Open 1st Zone in Guijarral Hills Flow Test Prog.

Friday, May 27, 2011
Solimar Energy Ltd.

Solimar announced that flow testing operations using the Orchard Petroleum Rig #2 will commence in the next 24 hours when the deepest zone selected for testing will be perforated and opened for flow into the well bore.

Perforations will be made between 10,370 feet and 10,380 feet within the Lower Gatchell Sandstone and then flow tested to determine whether commercial production is feasible.

The perforations are being restricted to a preferred 10 foot interval although additional potential hydrocarbon pay may be present in the Lower Gatchell Sandstone based on the wireline log data. Initial results from the Gatchell test may be reportable by late next week.
Background to Testing Program

The program will test selected intervals within the following 3 formations:

Formation Perforation Interval (feet)
Leda Sandstone 8,533-8,540
Lower Avenal Sandstone 9,962-9,982
Lower Gatchell Sandstone 10,370-10,380

The three intervals to be tested have all been productive in the adjacent Guijarral Hills oil and gas field. Each of the zones were characterized by increased shows of hydrocarbons recorded while drilling and anomalies on wireline logs. Petrophysical analysis indicates hydrocarbon pay is present however the flow testing program is necessary to determine whether the hydrocarbon saturations and reservoir quality will support commercial rates of flow.

A total potential net pay estimate of over 135 feet in six separate zones was previously announced for the well. The zones that have been selected for testing are those deemed most likely to provide a definitive series of tests. If successful then the likelihood will be increased that other zones identified with potential pay can also be successfully tested.

Testing of each reservoir will involve perforation of the designated intervals followed by periods of flow and shut in to measure flow rates, pressure response and evaluate fluid properties. The sequence will involve testing of the deepest interval (Lower Gatchell) first and then working up the well as necessary to the shallower intervals.

The testing program cost for the three intervals has been budgeted at approximately US $530,000 although final costs will depend on results and whether these necessitate further procedures such as fracc stimulation.

ASX listed partners in the Guijarral Hills project, at post drill equities will be:
  • Solimar Energy LLC (Operator) 35%
  • Neon Energy Limited (ASX: NEN) 15%

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Thursday, May 19, 2011

Solimar to Commence Flow Testing Prog. at Guijarral Hills

- Solimar to Commence Flow Testing Prog. at Guijarral Hills

Thursday, May 19, 2011
Blast Energy Services Inc.

Blast announced that a completion rig has moved on location to commence the flow testing program on the Solimar Energy 76-33 well in the Guijarral Hills Field Area located in Fresno County, California. Under the completion plan, Solimar Energy, the operator of the well, plans to perforate and flow test up to three zones within the Gatchell, Avenal and Leda intervals. A total of potential net pay of over 135 feet in six separate intervals was previously reported for the well. The three intervals that have been selected for testing are those deemed most likely to potentially produce commercial quantities of oil.

"We acquired our interest in the Guijarral Hills Project with a target of achieving five million barrels of recoverable light oil resources. We are encouraged by the shows encountered in this first well and are looking forward to the results of this testing program," stated Michael Peterson, acting President and Chief Executive Officer of Blast.

The testing program will involve perforating the selected interval followed by periods when the well will be flowing or shut-in to measure the pressure response and to evaluate fluid properties. The test sequence will involve testing the deepest interval, the Lower Gatchell, first and then working up the well, as necessary, to the shallower Avenal and Leda objectives.

The three intervals selected to be tested have all been productive in the adjacent Guijarral Hills field. Each zone had increased shows of hydrocarbons while drilling and were indicated on wireline logs. While such petro-physical analysis indicates that hydrocarbon pay is present, the flow testing program is necessary to determine whether the reservoir quality will meet commercial production rates.

The testing program for the three intervals is expected to have a gross cost of approximately $530,000, although the total cost will depend on the results and whether any of the intervals require additional procedures, such as fracture stimulation. While Blast has paid two-thirds of the cost to date, Blast is now heads up on this project and will be responsible for 50% of the costs going forward.

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