DUVERNAY SHALE PLAY ECONOMIC RESOURCES

The Duvernay Formation is an emerging stratigraphical unit in the Western Canadian Sedimentary Basin. The Duvernay Formation is present in the sub-sur...

ARGENTINA: STATOIL AWARDED BAJO DEL TORO ESTE EXPLORATION RIGHTS

As part of the Argentina’s Gas y Petróleo del Neuquén’s (GyP) 5th bidding round, Statoil has been awarded the Bajo del Toro Este exploration lic...

NOVATEK TESTS JURASSIC RESERVOIR ON WEST-YURKHAROVSKIY

NOVATEK announced that its wholly owned subsidiary OOO NOVATEK-Yurkharovneftegas has successfully completed testing the Jurassic reservoir at well #13...

ExxonMobil TO INVEST $200 MILLION IN LOS TOLDOS, NEUQUEN PROVINCE

ExxonMobil announced today that the Neuquén Province government has approved the investment plan for the development of a 35-year unconventional expl...

TLOU ENERGY KICKS OFF SEISMIC CAMPAIGN IN BOTSWANA

Tlou Energy has kicked off a new 250-square-kilometre seismic survey in Botswana, spanning its flagship Lesedi coal bed methane project and the adjace...

GAZPROM NEFT BEGINS PILOT PRODUCTION OF ACHIMOV DEPOSITS

Gazpromneft-Yamal, a subsidiary of Gazprom Neft, has begun pilot oil production from the Achimov deposits at its Severo-Samburgskoye oil field (in the...

The National Energy Board (NEB), together with the Alberta Geological Survey (AGS), released a new resource assessment for the Duvernay Shale in centr...

BP STARTS PRODUCTION FROM GIANT KHAZZAN GAS FIELD IN OMAN

BP announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company Exploration and ...

Cenovus Energy has entered into a definitive agreement to sell its Pelican Lake heavy oil operations, as well as other miscellaneous assets in norther...