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Tunisia: Africa Hydrocarbons recompletion operations at the BHN-1 well in the Bouhajla Permit prove unsuccessful

Africa Hydrocarbons has announced that recompletion operations of the Abiod limestone in its BHN-1 well on the Bouhajla Permit in Tunisia have concluded and the well will be plugged and abandoned. ... more ...

Ukraine: JKX Oil & Gas tests deep reservoirs in the Elizavetovskoye field, Ukraine

JKX Oil & Gas reports that the testing of well E-303 on the Elizavetovskoye field in Ukraine indicates a gross pay of 167 metres spread over eight reservoir horizons. The well was drilled to test deep sandstone reservoirs of the Elizavetovskoye field. ... more ...

Norway: Statoil proves new oil resources in the Grane area in the North Sea

Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S proved an oil column of 25 meters in the Heimdal Formation. The estimated volume of the discovery is in the range of 30-80 million barrels of recoverable oil.  ... more ...

Australia: CalEnergy to drill Pryderi-1 well late October - early November

JV partner IPB Petroleum advises that the WA-424-P Joint Venture (IPB 75%, CalEnergy 25% and Operator) has received an update from its drilling contractor that the estimated commencement date for the Pryderi-1 rig contract is now due late October to early November 2014. ... more ...

Equatorial Guinea: Ophir Energy reports successful DST on the Fortuna-2 well offshore Equatorial Guinea

Ophir Energy has announced the successful Drill Stem Test (DST) on the Fortuna-2 well in Block R, Equatorial Guinea. The DST achieved a sustained flowrate of 60MMscfd, which was surface equipment constrained. ... more ...

Denmark reports record interest in latest North Sea licensing round

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When the time limit for submitting applications for new oil and gas exploration and production licences in the 7th Licensing Round expired October 20 at noon, the DEA had received 25 applications. This is a record high number compared with previous licensing rounds. The applicants consist of 15 oil companies, several of which have not previously held licences in Denmark.

'I am very pleased with the number of applications received in the licensing round, which confirms that the oil companies are still confident that interesting discoveries can be made in the Danish area. This is positive because it means we can maintain stable exploration activity along with investments in highly specialized workplaces in Denmark. I look forward to the future licences leading to new commercial discoveries that can secure the greatest possible revenue from the North Sea for Danish society,' says the Minister for Climate, Energy and Building, Rasmus Helveg Petersen.

The 7th Licensing Round was opened on 24 April this year. The areas offered for licensing comprise all unlicensed areas in the Central Graben, where the majority of Danish fields have so far been discovered, as well as areas further to the east, where oil discoveries were made in the 6th Licensing Round.

The DEA will be processing the applications in the months ahead, and licences are expected to be issued at the beginning of 2015. Under the provisions of the Danish Subsoil Act, the Minister for Climate, Energy and Building is required, before awarding licences, to submit a statement to the Climate, Energy and Building Committee of the Danish Parliament describing the licences intended to be awarded.

To ensure optimum utilization of the Danish oil and gas fields going forward, the DEA intends to hold licensing rounds at regular intervals in the period ahead. The intention is to launch new licensing rounds approximately one year after completion of the previous round. Thus, the aim is to initiate the 8th Licensing Round in mid-2016.

Click here for companies participating in the applications

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Source: DEA

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