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Rosneft Drills A Record-breaking Well In Venezuela

SOURCE: Rosneft | 12 October 2015

Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 block. The well is unique for the shallow depth, only 1,140 feet or about 347 meters, of the reservoir interval and the length of horizontal section 4,920 feet or 1,500 meters. The total length of the well is 6,059 feet (some 1,847 meters).

Eni Enters Mexico With The Development Of Three Oil Fields Offshore

SOURCE: Eni | 01 October 2015

Eni won with a 100% share a Production Sharing Contract to appraise, develop and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Area 1 in the Campeche Bay, offshore Mexico, following an international auction held yesterday in Mexico City.

Shell Updates On Alaska Exploration

SOURCE: Royal Dutch Shell | 28 September 2015

Shell today provides an update on the Burger J exploration well, located in Alaska’s Chukchi Sea. The Burger J well is approximately 150 miles from Barrow, Alaska, in about 150 feet of water. Shell safely drilled the well to a total depth of 6800 feet this summer in a basin that demonstrates many of the key attributes of a major petroleum basin.

Freeport-McMoRan Announces Positive Drilling Results At The Horn Mountain Deep Project & Updates Other Deepwater Gulf Of Mexico Activities

SOURCE: Freeport-McMoRan | 28 September 2015

Freeport-McMoRan Inc. (NYSE:FCX) announced today positive drilling results from the Freeport-McMoRan Oil & Gas (FM O&G) 100-percent-owned Horn Mountain Deep well in the Deepwater Gulf of Mexico (GOM). Initial production from this well, which will be tied back to existing facilities, is expected in first half 2017.

Eni Discovers A Supergiant Gas Field In The Egyptian Offshore, The Largest Ever Found In The Mediterranean Sea

SOURCE: Eni | 31 August 2015

Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s Offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in theShorouk Block, signed in January 2014 with the Egyptian Ministry of Petroleum and the Egyptian Natural Gas Holding Company (EGAS)

ExxonMobil Signs Agreements To Increase Position In Permian Basin

SOURCE: ExxonMobil | 06 August 2015

Exxon Mobil Corporation (NYSE:XOM) today announced it has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Midland Basin.

Rosneft and Statoil Completed Pilot Drilling At The North-Komsomolskoye Field

SOURCE: Rosneft | 14 July 2015

Rosneft and Statoil ASA completed drilling works as part of the Pilot Project at the PK1 layer of the North-Komsomolskoye field. During 2015 the companies jointly drilled 2 horizontal exploitation wells.

Woodside Offered Browse Retention Lease Renewals

SOURCE: Woodside | 24 June 2015

Woodside has received retention lease renewal offers for petroleum retention leases WA-28-R, WA-29-R, WA-30-R, WA-31-R, WA-32-R, TR/5 and R2, from the Commonwealth-Western Australia Offshore Petroleum Joint Authority and the WA Minister for Mines and Petroleum. Woodside has 30 days to accept the retention lease renewal offers.

Ocean Mineral Singapore Awarded Contract For Seabed Exploration

SOURCE: Keppel Corp. | 16 June 2015

Ocean Mineral Singapore Pte Ltd (OMS) has entered into a 15-year exploration contract for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific Ocean with the International Seabed Authority (ISA). Sponsored by the Singapore Government, OMS is the first Singaporean company to be awarded an exploration contract for polymetallic nodules

Third Gas Discovery In The Aasta Hansteen Area In Three Months

SOURCE: Statoil | 09 June 2015

Statoil and PL602 partners have made a gas discovery in the Gymir prospect. With three discoveries in a row, an important progress has been made in unlocking full potential of the Aasta Hansteen area.