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AOG Daily 2015 / October

Monday, 02 November 2015 02:45

Ophir’s Thai well a dry hole

Ophir Energy’s first well from its two well drilling campaign in block G4/50 in the Gulf of Thailand showed no hydrocarbons, the company said. G4/50-10…
Monday, 02 November 2015 02:01

Transerv hits gas onshore Perth

Perth-based Transerv Energy said Warro-6 well located onshore in the Perth basin encountered strong gas shows in a number of sandstones. Image from Transerv. The…
Friday, 30 October 2015 11:03

Primeline continues after China fail

Primeline Energy failed to find commercial hydrocarbons at itsLS23-1-1 well in the East China Sea, and will now continue with its exploration drilling program for…
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) announced that it would need more time to decide on BP Developments Australia’s (BP) proposal…
Tuesday, 27 October 2015 09:51

Hibiscus spuds Sea Lion

After experiencing weathern delays, Petroleum's wholly-owned subsidiary Carnarvon Hibiscus (CHPL) began drilling at the Sea Lion-1 exploration well this week, offshore southeast Australia.  The exploration…
Chevron lost an appeal in Australian federal court that will see the US supermajor pay more than US$232 million (A$322 million) in back taxes, in…
Friday, 23 October 2015 09:31

Vietsovpetro in Sturgeon discovery

Vietsovpetro, a Russian/Vietnamese joint venture between Russia’s Zarubezhneft and Petrovietnam, made a commercial oil discovery in the Sturgeon field, offshore Vietnam. Map of Block 09/3-12…
Thursday, 22 October 2015 23:27

Santos cuts spending as 3Q income falls

Santos’ sales revenue fell 24% in 3Q with the average realized oil price of AU$71/bbl, down 38% compared to the corresponding quarter last year, the…
Thursday, 22 October 2015 21:57

Beach, Drillsearch in billion dollar merger

Adelaide-based Beach Energy and Sydney’s Drillsearch Energy have agreed to a AU$1.169 billion merger, creating a large onshore producing, mid-cap Australian oil and gas company.…
Thursday, 22 October 2015 14:44

CNOOC makes Caofeidian discovery

China’s CNOOC confirmed the 2014 Caofeidian discovery as a mid-sized oilfield, offshore China. The Caofeidian 6-4 structure is located in the western part of Shijutuo…
Thursday, 22 October 2015 00:51

Santos rejects Scepter takeover bid

Santos Ltd., has decided to reject Scepter Partners’ takeover offer to acquire the firm for a cash consideration of AU$6.88 per share. Headquartered in Bermuda, Scepter…
Wednesday, 21 October 2015 13:49

BP, Huadian ink multibillion dollar LNG deal

BP and China Huadian signed a 20-year sale and purchase deal for the UK supermajor to sell Huadian up to 1 million tonne of liquefied…
Wednesday, 21 October 2015 04:26

Ophir spuds Thai block

UK’s Ophir Energy has commenced its two well drilling campaign in block G4/50 in the Gulf of Thailand, with the spudding of the G4/50-10 exploration…
Wednesday, 21 October 2015 01:00

Pan Orient discovers gas onshore Sumatra

Canada-based Pan Orient Energy made an onshore discovery in the Akeh-1 exploration well in Indonesia. A total of 3.7 MMscf of natural gas, 142.2 bbl…
Tuesday, 20 October 2015 23:19

Oilex starts Gujarat workover

Ron Miller, the managing director of ASX-listed Oilex Ltd., says the gas market in India remains robust driven by market fundamentals. The commencement of field…
Tuesday, 20 October 2015 21:44

Cooper Energy 1Q FY16 revenue dips

Cooper Energy’s sales revenue for the September quarter decreased to AU$7.6 million compared to $9.4 million in the previous quarter and $14.2 million in the…
Tuesday, 20 October 2015 00:22

No oil show for ROC in China

No hydrocarbon show at the ROC Oil-operated block 09/05 in the Bohai Bay basin in China, says joint venture partner AWE Ltd. The well, QK12-3-1D,…
Monday, 19 October 2015 23:07

TRIYARDS 4Q results, new orders

Singapore’s fabrication and engineering service provide TRIYARDS Holdings made a 59% year-on-year jump in net attributable profit to US$8.4 million in the fourth quarter, driven…
Monday, 19 October 2015 21:27

MEO, Rex end Beehive partnership

MEO Australia has reached a settlement to allow 30% WA-488-P block partner, SGX-listed Rex International Holding, to withdraw from its farm-in to the WA-488-P exploration…
Monday, 19 October 2015 01:13

Reliance earnings decline

For the quarter ended September 2015, Mumbai-headquartered Reliance Industries Ltd., (RIL) had a turnover of Rs 75,117 crore, a decrease of 33.8% compared to the…
Sunday, 18 October 2015 23:35

China: Nioshan-1 fails Triple

Triple Energy’s Nioshan-1 well in China does not have sufficient gas content for the well to be commercial.  According to the Australian oil and gas…
Friday, 16 October 2015 11:00

MEO exits three Auz permits

MEO Australia is cutting three permits from its Australian exploration portfolio in the next six months due to high risks and minimal potential. MEO assets.…
Thursday, 15 October 2015 22:08

TAG reduces 2016 CAPEX

TAG Oil is cutting its forward guidance and planned capital expenditures for the remainder of fiscal 2016 in response to the low commodity price environment.…
Thursday, 15 October 2015 20:15

Santos ships LNG to South Korea

South Korea will soon receive liquefied natural gas (LNG) from Santos’ US$18.5 billion GLNG facility, which saw the first shipment leave Curtis Island on 16…
Wednesday, 14 October 2015 21:59

Woodside 3Q revenue slides 44.6%

Australian energy giant, Woodside Petroleum’s sales revenue slides by 44.6% in 3Q to US$1.09 million, from $1.96 million a year ago. Production, however, increased by…
Wednesday, 14 October 2015 02:50

SKK Migas approves more fields

SKK Migas has approved PT Energi Mega Persada’s (EMP) plan to further develop the Seng and Segat gas fields in the Bentu product sharing contract…
Wednesday, 14 October 2015 00:47

Sino Gas delivers first Linxing gas

Sino Gas and Energy Holdings commenced the delivery of first natural gas supply from the Linxing Central Gathering Station (CGS) in the Ordos basin in…
Tuesday, 13 October 2015 21:31

Saudis reduce September oil supply

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.2 MMb/d in September, down 60,000 b/d from August as Saudi Arabia further…
Tuesday, 13 October 2015 04:13

ONGC Videsh strikes in Colombia

The overseas arm of Oil and Natural Gas Corp. (ONGC), ONGC Videsh, found 54ft of net pay thickness in the Mirador formation of the onshore…
Monday, 12 October 2015 06:33

OMV finds gas in Pakistan

OMV’s Pakistan subsidiary discovers gas in the Latif South-1 exploration well, located in the Sindh province of Pakistan, around 25km south of the Latif gas…
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